Upcoming Live & Online Public Auction Of 2 Tracts Of Land

Located in Prairie TWP, Union County, SD

This land is located East of Beresford, SD, Northwest of Alcester, SD & Southwest of Norway Center, SD! This Land Is Approx. 12 Miles From The Iowa/South Dakota Border!

This Land Will Be Sold In Two Separate Tracts!

Tract 1: 70.98+/- Acres — Tract 2: 147.09+/- Acres

Sale Date: October 24, 2023 @10:30 A.M. at the Site of Tract 1

Tract 1 Location: From Beresford, SD go East on HWY 46 for 4 miles to Tract 1. Tract 1 is located in the SW corner of the intersection of HWY 46 and 476th Ave. Auction for both tracts will be held at the site of Tract 1.

Tract 2 Location: From Beresford, SD go East on HWY 46 for 3 miles to 475th Ave. then go 2 1/4 miles South on 475th Ave. to Tract 2. Tract 2 is in the SW corner of the intersection of 299th St and 475th Ave.   Auction signs will be posted. Watch zomercompany.com for inclement weather! Auction for both tracts will be held at the site of Tract 1.

Auctioneers Note: Zomer Company and Westra Auctions are honored to have been selected by the Heirs of Gladys Mollet and Viola Biddle to offer these farms for sale at public auction! Land in Prairie TWP is not often available for sale! If you are looking to purchase one or two excellent tracts of Union County, SD farmland then be sure to take a look at these two farms! Watch westraauctions.com or zomercompany.com in case of inclement weather!

zomercompany.com

westraauctions.com

Abbreviated Legal Description of Tract 1: The East 1/2 of the Northeast Quarter of Section 1, TWP 95N, Range 50W, Union County, SD excluding Larson Tract 1 contained therein and excluding Gothland Cemetery contained therein and excluding Lot H-3. Subject to all public roads and easements of record.

General Description of Tract 1: This property contains 70.98+/- gross acres according to the Union County assessor. According to FSA this tract of farmland has approx. 69.13+/- tillable acres. The predominant soil types include: McB-Moody, MdC-Moody-Nora, Ae-Alcester. According to Agri-Data this farm has a productivity index rating of 72.8 and a county soil rating of .848. This farm has a corn base of 33.90 acres with a PLC yield of 160bu and a soybean base of 32.80 acres with a PLC yield of 48bu. According to Union County, SD this farm has 1 housing eligibility remaining on the South 40 acres of the property. Farmers & Investors this is one farm that you will not want to miss! This is one of those farms which checks all of the boxes including excellent soil ratings, good location on a hard surface road and with good availability of grain facilities in the area! Do not pass this opportunity to purchase a top quality Union County, SD tract of farmland! The owners of this farm have signed a temporary construction easement with the State of SD for work to be completed on HWY 46.

Abbreviated Legal Description of Tract 2: The NE1/4 of Section 14, TWP 95N, Range 50W, Union County, SD Excluding Mollet Tract 1 and excluding R-3. Subject to all public roads and easements of record.

General Description of Tract 2: This property contains 147.09+/- gross acres according to the Union County assessor. According to FSA this tract of farmland has approx. 140.71+/- tillable acres and approx. 4.98+/- acres currently enrolled in CRP with a contract end date of 9-30-2030 with an annual payment of $1,130.00. The predominant soil types include: CnD2-Crofton-Nora, Ae-Alcester, Ca-Calco, De-Dempster, MdC-Moody-Nora. According to Agri-Data this farm has a productivity index rating of 60 and a county soil rating of .704. This farm has a corn base of 74.40  acres with a PLC yield of 151bu and a soybean base of 66.31 acres with a PLC yield of 46bu. According to Union County, SD this farm has 3 housing eligibilities remaining on the property. This farm is well located on a hard surface road with excellent access to local grain facilities! Land for generations has proven to be an excellent investment! Do not pass up the opportunity to purchase this farm! This farm has over 5,500 feet of drainage tile line installed. This farm also has a Northern natural gas pipeline which runs through the property! Wow when was the last time you were able to purchase 2 high quality Union County, SD farms!

Method of sale: This farm will be sold with the final bid price x the gross acres. Auction will be held at the site of Tract 1. Tracts will be sold in the order listed and will not be combined in any way.

Taxes: The current Real Estate Taxes according to the Union County Treasurer are approx. $2,186.68 per year on Tract 1 and approx. $3,673.18 per year on Tract 2. Taxes will be pro-rated and paid by the seller through December 31, 2023.

Possession: Possession will be on March 1, 2024. This farm will be available to farm for the 2024 crop year.

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 December 1, 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. Michael McGill attorney shall act as closing and escrow 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 will be required to assume the current CRP contracts and will be responsible for any midterm maintenance required if any. 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. Michael McGill—Attorney For Seller.

Click Here For Information Booklet

Heirs of Gladys Mollet & Viola Biddle—Owner

Auction Company:

Zomer Company — 1414 Main St., Rock Valley, IA 51247 — 712-476-9443 — www.zomercompany.com

Westra Auction — Centerville, SD —605-310-6941 — www.westraauctions.com

Mark Zomer – 712-470-2526 —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.