Upcoming Live Public Auction Of 64.33+/- Acres Of 

Quality Farmland in Dayton TWP, Lincoln County, SD

This Land Is Located Southeast Of Harrisburg, SD & Northwest of Canton, SD & Northeast Of Worthing, SD!

This Land Is Only A Few Miles From Harrisburg, SD!

Smaller Tracts Of Land Are Hard To Find!

This Land Has Excellent Soil Ratings &

 Can Be Predominately Farmed In 1/2 Mile Rows!

Location: From the intersection of US HWY 18 & SD HWY 11 on the West side of Canton, SD go 6 miles North on SD HWY 11 to 276th ST. then go 1/4 mile East on 276th St. The farm is located on the North side of 276th St. or from the East edge of Harrisburg, SD at the intersection of 110 (273rd St) and 476th Ave (Southeastern Ave) go East on 110 (273rd St) for 2 miles to HWY 11 then go South on HWY 11 for 3 miles to 116 (276th St) then go 1/4 mile East on 116 (276th St) to the land. Land is on the North side of 116 (276th St). Auction signs will be posted. Watch zomercompany.com for inclement weather!  Auction will be held at the Gate City Event Center Parking Lot in Canton, SD (47947 W 5th St, Canton, SD 57013)

Sale Date: May 19, 2023 @10:30 A.M.

Auctioneers Note: Farmers, Investors & Entrepreneurs this property is one you will want to take a look at! This property is nestled approx. 5 1/4 miles from Harrisburg, SD and is within a short approx. 6 1/2 miles of the West edge of Canton, SD! If you are looking for land then you know that the opportunity to purchase a smaller tract of land in this locale is rarely available! Land longterm has proven itself to be an incredible investment which offers consistent returns year over year and has been proven to appreciate in value! Do not wait to buy land! Buy land and wait! Make plans today to attend this auction and purchase this land! Watch zomercompany.com for inclement weather.

zomercompany.com

Abbreviated Legal Description: The Fractional East 1/2 of the SW1/4 EXCEPTING Gimbal addition & .42 acre road & Lot H2 & Tract 1 & 2 Kehoe addition & Tracts 1, 2, 3, all located in SW1/4 of Section 16, TWP 99N, Range 49W, Lincoln County, SD.

General Description: According to the Lincoln County assessor this property consists of 64.33+/- gross acres. According to FSA this property contains approx. 62+/- tillable acres. This farm is currently classified as NHEL. This farm has a corn base of 30.7 acres with a PLC yield of 113bu and a soybean base of 31.5 acres with a PLC yield of 34bu.. The predominant soil types of this farm include: Cd-Chancellor-Viborg, WeA-Wentworth, Ws-Worthing, Ca-Chancellor-Tetonka. This farm has an Agri-Data productivity index rating of 82.3 and a county soil rating of .876. According to Lincoln County Planning & Zoning this farm does not have any housing eligibilities remaining. Farmers, Investors & Entrepreneurs this farm is in a prime location within 5 1/4 miles of Harrisburg, SD & 6 1/2 miles from Canton, SD! If you are an investor or farmer looking to purchase your first farm or add acres to your current operation it is not often that you have the chance to purchase a smaller tract of farmland in this locale! This farm checks all of the boxes on what you are looking for in a farm including: an inside tract with road on only 1 side, predominantly 1/2 mile rows, excellent soil ratings, blacktop access and close proximity to area grain elevators! Land long term offers consistent returns and long term has been proven to appreciate in value! This farm has been well cared for and if you choose to purchase this farm it will prove to be a farm that you can proud to own for years to come! This land is leased for the 2023 crop year and the buyer will receive the full rent for 2023 on closing day along with an additional rent subsidy from the seller!

Method of sale: Farm will be sold with the final bid price x the gross county acres. Auction will be held at the Gate City Event Center Parking Lot in Canton, SD (47947 W 5th St, Canton, SD 57013). This farm will not be surveyed and will be sold based on the gross county acres of 64.33+/- acres.

Taxes: The current Real Estate Taxes according to the Lincoln County Treasurer are approx. $1,968.62 per year. Seller will pay the 2022 taxes which are due and payable in the spring and fall installments of 2023.

Possession: Full Possession will be on March 1, 2024. This farm is leased for the 2023 crop year and the buyer shall receive at closing the full rent for the 2023 crop year and also an additional rent subsidy from the seller! Buyer shall be responsible to terminate the lease for 2024 if the buyer desires to terminate the existing lease for the 2024 crop year. Contact agents for details on rent and rent subsidy!

Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before June 15, 2023 when the buyer shall receive a clear and merchantable title to the property. Owners Title insurance and closing fee split 50/50 between buyer and seller. Lincoln County Title will act as Escrow and Closing agent. This property is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. 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. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statues. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Buyer agrees to accommodate the sellers with a 1031 exchange. All buyers are encouraged to do buyers due diligence. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.

Weber Trust- Owners

Auction Company:

Zomer Company

1414 Main St., Rock Valley, IA 51247

712-476-9443 — www.zomercompany.com

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

Darrell Vande Vegte – 712-470-1125—Joel Westra—605-310-6941

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

Zomer Company 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.