ESTATE LAND AUCTION
+/-145.92 Acres of Kaylor Township Southern Hutchinson County, SD Land – To be Sold Subject to Survey – Including Land with a Mixture of Highly Productive Cropland & CRP Acres with Some Excellent Hunting Habitat
In order to settle the estate of Frieda Dvorak, we will offer the following real property at auction at the land located at the Southwest corner of Kaylor, SD, with the Northwest Corner of the land at the Jct. of 418th Ave. & 290th St.; or from Tripp, SD – approx. 3 miles south on Hwy. #37 and 7 miles east on 290th St. to the NW Corner of the land.
THURSDAY APRIL 18, 2019 SALE TIME: 10:00 AM
This auction presents an excellent opportunity to purchase a well located parcel of land which is bordered on the west by a hard surfaced oil highway that is situated in a formidable agricultural area near Kaylor SD, in south central Hutchinson County. The buyer of this land will receive immediate possession of this land for the 2019 crop year. This is a parcel of land which is well suited to fit the needs of a variety of buyers, including prospects in the market for Hutchinson County, SD land, as this farm includes some very productive cropland, along with a few acres of pasture and an area that may provide some attractive hunting and wildlife production habitat. Subsequent to the survey, it appears that the FSA information is slightly overstated as FSA indicates this farm has approx. 150.26 acres of farmland with a total of 144.21 acres of total cropland and subsequent to the CRP reduction presently is indicated to have 113.20 acres of effective cropland, with a 71.90 acre corn base with a 100 bu. PLC yield and a 41.20 acre soybean base with a 26.40 acre soybean base with a 35 bu. yield and was enrolled under the County ARC election of the USDA Farm Program; additionally this farm has approx. 31 acres enrolled in the CRP Program at a rate of $99.29 per acre, generating a total annual payment of $2,730.00 with the contract scheduled to expire on 9/30/2020. The nontillable acres on this property are comprised of small triangular area of grassland northeast of the railway and roads. According to the Hutchinson Co. Assessor this property has an overall soil rating of .848, comparatively information obtained from Surety Agri-Data indicates that this property has a weighted average productivity index of 81.4. The general topography of this land level to nearly level, with some lowland pockets in the CRP/grassland areas. Excluded from this property is the Kaylor St. John’s Cemetery and an acreage site previously sold. There are two small grain bins on the property that are not included with this land that were sold many years ago with the understanding they be removed, notice from the owners for the removal of the bins has or will be given defining a deadline for removal and/or forfeiture of future rights to the bins.
LEGAL DESC.: The NW ¼ Sec. 33, T. 97N., R. 59W., except Tract “A” and except 2 Acres in the Kaylor St. John’s Lutheran Cemetery, (Kaylor Twp.), Hutchinson Co., SD – actual acres to be determined by survey.
TERMS: Cash – A 15% non-refundable earnest money deposit on the day of the sale and the balance on or before May 31, 2019, with full possession awarded to the buyer for the 2019 crop year. Marketable Title will be conveyed and owner’s title insurance will be provided w/the cost of the owner’s policy divided 50-50 between the buyer & seller. All of the 2018 RE taxes payable in 2019 in the amount of $2,696.76 will be paid by the sellers, with the buyer to be responsible for 100% of the 2019 RE taxes payable in 2020. The acres being sold in this farm are to be based on the acres as determined by a survey as completed by Surveyor Thomas Week, with the acres understood to be “more or less”, with the survey costs paid by the sellers. The south side of this property lies adjacent to the access road to the Kaylor St. John’s Lutheran Cemetery, and it is to be mutually agreed and understood that any portion of this access that crosses this property is to be subject to an easement to be granted for purposes of ingress and egress to the cemetery, if necessary. FSA cropland acres, yields, bases, payments & other information are estimated and not guaranteed and are subject to implementation of the New Farm Bill & County Committee Approval, furthermore the buyer will be obligated to comply with the remaining terms and provisions of the existing CRP contract, with the buyer to receive 100% of the CRP payment payable in 2019 with no proration and all future payments, with the buyer agreeing to succeed to the contract and will be obligated to comply with the remaining terms and provisions of the existing CRP contract scheduled to expire on 9/30/2020; furthermore any buyouts or penalty due to cancellation or non-compliance will be the responsibility of the buyer. The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the purchaser(s) pursuant to SD Law. Information contained herein is deemed to be correct but is not guaranteed. This property is sold in “AS IS CONDITION” and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all Hutchinson County Zoning Ordinances. The RE licensees in this transaction are acting as agents for the sellers. Sold subject to confirmation of the owners. For additional information contact the auctioneers.
HEIRS OF FRIEDA DVORAK
DeLyle Dvorak & Allen Dvorak, Owners
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777
TERRY HAIAR – Real Estate & Pers. Property Auctioneer – Alexandria, SD – ph. 605-239-4626
& JARED SUTTON – RE Auctioneer & Broker Assoc. – Flandreau, SD ph. 605-864-8527