UPCOMING ONLINE ONLY  AUCTION!!

This A Great Opportunity To Purchase A Lot To Build On 

Or Investment Property In Sioux Falls, SD!

Location:   2005 W Brookings St. approximately 500 ft from the West Entrance of the Denny Sanford Premier Center.

AUCTION SIGNS WILL BE POSTED!

Online Auction ends May 5, 2022 @ 7:00 P.M.

Auctioneers Note: We are honored to represent the Christiansen family in offering this Lot for sale via an online only auction! This Lot would make a great investment property! Contact our agents for any additional details!

www.zomercompany.com

Legal Description: The West two-thirds of Lots 1-3 in block 27 of Meredith’s 1st Addition to the City of Sioux Falls, Minnehaha County, SD, subject to any and all public roads and easements of record and all zoning laws.

General Description: Attention all investors, home builders, and real estate entrepreneurs!!  Here is prime opportunity to invest in a property that nestled in a fantastic location of Sioux Falls!!  Located on a short walk from the Denny Sanford Center, this lot would make an excellent investment for the present time or to build in the future!  This property is currently zoned RD-1 for a single family or twinhome!  This lot is approx. 88’ x 132’ or 11,690 square feet and this lot was surveyed in 2021. The current real estate taxes for this property is $567.66 per year.  This lot is situated right in the heart of activities of concerts, sporting events, expos, and several others!  Whether you are looking to expand your investment portfolio or looking to build something new, you will not want to miss out on this opportunity! Please contact agent for additional information! Please click on the links below for additional zoning, set backs, and all permitted uses!  All buyers are encouraged to verify all zoning regulations and permitted uses for this property.

https://siouxfalls.org/planning-dev/zoning/shape-places-zoning-ord/zoning-interface-web

https://codelibrary.amlegal.com/codes/siouxfalls/latest/siouxfalls_sd/0-0-0-68989

Method of Sale: Property will be sold on an online only auction with the bidding to open on April 14, 2022 and close on May 5, 2022 at 7:00 P.M.. Please go to ZOMERCOMPANY.COM to register!!

Taxes:  The annual taxes on this lot are approximately $567.66.  Taxes will be pro-rated to the buyer at closing.

Possession & Closing:  Possession and closing day will be on June 3, 2022

Terms:  Purchaser(s) will be required to pay a non-refundable $7,500.00 as earnest money deposit(Payable to First Datkota Title) on the real estate and agree to enter into a purchase agreement immediately following the auction with the remaining balance due and payable on closing day on or before June 3, 2022, when the buyer shall receive a clear and merchantable title to the property.  Title Insurance and closing fee will be split 50/50 between buyer and seller. This property is being sold as a cash sale with no finance contingencies and as is, where is, with any/all defects and encroachments if any. Penalties may apply should buyer delay closing. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Any announcements made day of the auction will supersede any advertisements.  All descriptions of the property are not guaranteed to be accurate and all buyers are encouraged to do buyers due diligence. This Property is being sold subject to the confirmation of the sellers.  Auctioneers and Real Estate brokers are representing the seller. If any additional information is requested, please contact auctioneers listed below. -

Terry Christensen— Owner

Auctioneers/RE Agents:

Mark Zomer —712-470-2526    Ryan Zomer — 712-441-3970 

Zomer Auctions welcomes you to our current and future auctions.
Please carefully read the terms listed below. Thank You!

Zomer Auctions, its Employees and representatives (hereinafter “Company”) act merely as agents for Seller(s). All final bids are subject to the Seller's confirmation. The top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied and you agree to purchase and accept the property in an as-is condition. Information on the property is obtained by us from the Seller(s) and other sources and you hereby agree to hold harmless Company for any errors or omissions regarding the property being sold. This information includes but is not limited to physical condition, features, inadvertent errors in cataloging, authenticity or imperfections not specifically noted and other data pertinent to the value of the item. Buyers are responsible for conducting their own inspection during Open Houses/Inspection periods or by appointment. Printed or verbal statements made by Company are matters of opinion and are made in good faith. Any announcements posted the day of the auction or announced at the live auction take precedence over all prior advertisements.
 
You acknowledge that you have the right and responsibility to inspect the property personally, or to have a third-party representative inspect the property for you. That by bidding on the property you have agreed to accept that property in its present condition with the description provided whether accurate or not.

Auction Close: Upon the completion of an auction and notification from the auction company to the buyer of the acceptance of the buyers bid by the seller. The buyer does hereby agree to immediately enter into a purchase agreement with the terms stated and shall immediately provide the earnest money deposit due.

These terms and conditions and any dispute arising out of or related to an auction shall be governed by and construed and enforced in accordance with the laws of the State of Iowa. Any legal action must be brought in Sioux County, Iowa, or another jurisdiction of Company’s choosing. Buyer agreed to abide by the laws of the State of Iowa.

When using our online auction services you are making firm commitments to purchase said property and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason.  Fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. Buyers also acknowledge that the Internet may be an unreliable and error prone network. Company does not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion or that current bid shown is accurate. Buyers agree to hold Company harmless for any interruptions of online bidding. Further, Company has the sole discretion to accept or refuse any bid. Company retains the right, at Company’s sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please review auction terms often.

Bidder/Buyer responsibilities include but are not limited to the following:

All Buyers must provide their name, email address, daytime phone number and physical address at which they can be contacted for timely and accurate communication between Company and Buyer throughout any transaction or auction. Failure to maintain accurate and current contact information on Buyers account may lead to suspension of their account access until current contact information is provided to Company. All Buyers must provide valid credit card information, wire information or proof of funds if requested.

Buyers shall obey any and all local, state and federal laws and any and all violations of the same will result in termination of bidding and website use privileges with Company.

The final bidding will close and remain closed and no adjustments shall be made after closing.

Bidders acknowledge that online only auctions have an auto extend feature that means the auction will not close until all bidding parties are represented and satisfied. A bidder can place a max bid on one or more lots. The current bid price does not automatically go to the max bid unless the bidder selects to raise the bid to that price immediately by selecting the raise bid option. When another bidder increases the current bid then the computer will automatically increase the bid in the increment specified reaching your max bid only by ongoing bidding activity.

Company reserves the right to reject any and all bids for any reason. Company shall not be held responsible for any missed bids. All auctions are subject to the sellers confirmation.

Bidder shall be held liable for all bids placed from the bidders account.

Bidder acknowledges that some tracts may be sold in total dollars and some may be sold per acre. The tracts sold per acre shall be the purchase price times the gross acres of the property sold. Bidder acknowledges that the online platform may not always show the tenths of an acre sold however bidder acknowledges that the purchase price will still be calculated using the total gross acres of the tract being sold including the tenths even if they are not displayed.