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LAKE COUNTY, SD LAND AUCTION
Thursday 05 December 2019, 10:00am - 12:00pm

* * LAKE COUNTY LAND AUCTION * *
157.61+/- ACRES OF LAND
FARMERS ~ INVESTORS
ACREAGE SITE POTENTIAL
FAMILY OWNED FARM FOR 74 YEARS!

The Raymond J & Patricia A Leiferman Trust will offer the following

real estate
at public auction on the Farm Site located at

238th St & 452nd Ave, Madison, SD.

Directions: From Mustang Seeds (Hwy 34 & 454th Ave), South 4 miles to

238th St & West 2 miles OR Hwy 34/81 & 451st Ave,

South 5.5 miles to 238th St & East 1 mile.

THURSDAY DECEMBER 5, 2019 10:00 AM

Farmers, Investors, Hunters & Acreage Buyers..Don’t miss this opportunity to increase your farming operation, make a wise investment or purchase a unique building site with trees & recreation at your door step!

FARM: 157.61+/- acres of strong producing land with a Lake Co average soil rating of .686 according to County Assessor information. This farm offers a great location with easy access to highways and close proximity to Dakota Ethanol and other local grain markets. FSA information indicates that this farm has 153.74 farmland acres; 151.78 cropland acres; 107 acre corn base (136 bu PLC yield); 25 acre wheat base (30 bu PLC yield); 1.3 acre soybean base (33 bu PLC yield); & ARC County enrollment. Surety Agri-Data shows this farm with a soil average of .670. The property has been tenant farmed with consistent crop rotations, fertilizer & some ditching for maximum profits. Farm currently has a rye cover crop with 25-35-0-15 N-P-K-Sulfur fertilizer custom applied in September by Farmer’s Ag Center in Madison. It was also field drug, land rolled & is ready for Spring 2020! This farm has been family owned since 1946 and know as the “Clancy Quarter”.

LEGAL: The NE 1/4, Sec 3-T105N-R53W, Lake County, SD. REAL ESTATE TAXES: $3,129.38

TERMS: CASH with a 15% irrevocable down payment date of auction with the balance due at closing by January 17, 2020. Buyer obtains full possession for the 2020 crop year. Seller pays 2019 taxes due in 2020. A Trustee’s Deed will be conveyed with the owners title insurance & closing service fees paid equally by seller & buyer. The farmland deeded acres are “more or less”, the seller does not guarantee existing fences lie on the true boundary lines & any new fencing will be the responsibility of the buyer. This real estate is sold in “AS IS” condition & subject to existing easements, restrictions, reservations or roads of record, as well as any Lake County zoning ordinances. FSA acres, yields, bases, payments and other information is estimated, not guaranteed and subject to county committee approval. Property is sold subject to confirmation by the Seller. Auctioneers represent the seller in this transaction. Announcements day of auction supersede printed materials.

leiferman-soils
leiferman-fsa-map
leiferman-wetland-map

*Brochures & maps available on Auction Site Signs or contact Auctioneers*

Raymond J & Patricia A Leiferman Trust, Owners

  Jon Sweeter
Sioux Falls, SD
(605) 360-6978

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Thu Dec 05 @10:00AM - 12:00PM
LAKE COUNTY, SD LAND AUCTION