Edmunds County Land Auction

Crop - Hunting - Investment

THURSDAY, OCTOBER 13, 2016 – 2:00pm

Auction Location: The DEC (Dakota Event Center) - 720 Lamont St. - Aberdeen, SD 57401

Pembrook Twp. – Edmunds County, SD - Outstanding opportunity to purchase 320 acres +/-. Parcel 1 has 114.51 FSA crop land acres with balance in grass (2015 real estate taxes - $961.12). Parcel 2 has 62.87 FSA crop land acres with the balance grass (2015 real estate taxes - $1087.20). Purchaser receives full possession for the 2017 crop year. The property is located in an excellent hunting area for pheasants, waterfowl and deer.

Property Location: From Wetonka, SD – 5 miles south. From Aberdeen, SD – 13.5 miles west on US Hwy 12 & 8 miles north on Edmunds County Hwy 15 (370^th Ave). From Ipswich, SD – 12 miles east on US Hwy 12 & 8 miles north on Edmunds County Hwy 15 (370^th Ave)

Parcel 1 – NW1/4 of Section 15-T124N-R66W of the 5^th P.M., Edmunds County, South Dakota

                 Offered @ 160 Acres x $______________ per acre

Parcel 2 – SW1/4 of Section 10-T124N-R66W of the 5^th P.M., Edmunds County, South Dakota

                 Offered @ 160 Acres x $______________ per acre

Method of Sale: Land will be offered by the choice and privilege method with the choice to high bidder to take one or both parcels. Should the high bidder not select both parcels, the contending bidder will have the privilege to select the remaining parcel at the high bid. Should the contending bidder elect not to purchase the parcel that remains, the remaining parcel will be offered with another round of bidding.

TERMS & CONDITIONS: Successful bidder will deposit 10% irrevocable earnest money down day of sale with balance due in certified funds upon closing, on or before November 14, 2016. Purchaser will receive immediate possession upon closing. Property is selling without Purchaser contingency of any kind, have financial arrangements secured prior to bidding. Marketable Title will be conveyed and owner’s title insurance will be provided with the cost of the owner’s policy shared equally between the Purchaser & Seller. Edmunds County Abstract Company will be the closing agent and their closing service fee will be split equally between Purchaser and Seller. Seller is responsible for the 2016 real estate taxes payable in 2017. The Sellers do not guarantee that existing fences lie on the true and correct boundary.  FSA yields, bases, payments, acres & other information is estimated and not guaranteed and are subject to County Committee Approval. Seller will convey to the Buyer all of his oil, gas and mineral rights related to the Property. Seller makes no representation, and does not warrant the nature and extent of such interests. The property is sold subject to existing easements, zoning restrictions, reservations or highways of record, if any. Information contained herein is deemed to be correct but is not guaranteed. Verbal announcements made day of sale shall take precedence over promotion advertisements. Thorpe Realty & Auction is representing the Seller exclusively.

Owner: Linda Larson Brooks