THIS IS A COMPLETED SALE
View current listings by this company
View current listings by this company
147.23 ± Acres, Davison County, SD
Previous Page Listing ID#: 1276165
Auction Location |
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Davison County, South Dakota |
Auction Dates and Times |
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Wednesday Apr 28, 2021 Completed Friday Apr 30, 2021 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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Farmers National Phone: 800-346-2650 Email: Info@FarmersNational.com Website: www.farmersnational.com GoToAuction.com ID#: 7942 View company information and listings |
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Listing Terms and Conditions |
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Mineral Rights All mineral interests owned by the seller, if any, will be conveyed to the buyer(s).
Taxes Real estate taxes for 2020 will be paid by the seller. 2021 taxes, based on 2020 tax record information, shall be prorated to the day of closing. Conditions This sale is subject to all easements, covenants, restrictions of record, and leases. Each bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the seller or Farmers National Company. Possession Early possession will be granted upon full execution of the Real Estate Sale Contract and payment of earnest money. Full possession at closing May 28, 2021, or such date as agreed to by the parties. Earnest Payment A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held by The Title Company of Mitchell, SD in their trust account. By bidding, the buyer is agreeing to enter into a 2021 cash lease, for purposes of early possession for $25,000, to be exercised only in the event the transaction does not close on the agreed-to date to close, or any agreed-to extension thereof. Contract and Title Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Farmers National Company the required earnest payment. The seller will provide an owner’s policy of title insurance in the amount of the contract price. The cost of title insurance and any escrow closing services will be paid equally by the seller and buyer. Closing The sale closing is on May 28, 2021, or such date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of The Title Company of Mitchell, SD. Sale Method The real estate will be offered in one tract for bidding. All bids are open for advancement until the auctioneer announces that the real estate is sold or that the bidding is closed. The real estate will sell in the manner resulting in the highest total price. Bidding increments are solely at the discretion of the auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and the seller. All decisions of the auctioneer are final. Approval of Bids Final sale is subject to the seller’s approval or rejection. Agency Farmers National Company and its representatives are acting as agents of the seller. Announcements Information provided herein was obtained from sources deemed reliable, but neither the agent nor the seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by the auctioneer will take precedence over any previous printed materials or oral statements. The agent and seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid. Seller Cudmore Kneifl Construction Company, Inc. Auctioneer Marshall Hansen AUCTION TERMS Online Simultaneous Bidding Procedure: The online bidding begins on Wednesday, April 28, 2021, at 9:00 AM. Bidding closes Friday, April 30, 2021 at the end of the live auction. To register and bid on this auction go to: www.FNCBid.com All bids on the tract will be visible on-line, but the identity of bidders is confidential. See auction terms and conditions for minimum bid requirements and details. Server and Software Technical Issues: In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, Farmers National Company reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Farmers National Company shall be held responsible for a missed bid or the failure of the software to function properly for any reason. E-mail notification will be sent to registered bidders with updated information as deemed necessary by Farmers National Company. |
Listing Information |
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L-2100237 1 Tract - 1 Legal Description: Part of the Northeast Quarter (NE1/4) of Section 4, Township 103 North, Range 60 West of the 5th P.M., Davison County, South Dakota. Annual Taxes: $3,460.48 ... |
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