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Auction Date: Monday, November 18, 2019 @ 10:00 AM CST
Auction Location: Community Room, 704 Main Street, Burke, SD
Seller: Ruth Jones Estate
This will be a live off-site auction with pre-bidding & online bidding available. Online bidders must pre-register at danclarkauctions.hibid.com
This real estate property will be offered in the following manner:
Tract One A as an individual unit. Tract One B as an individual unit.
Tract One C as a combination of Both One A and One B.
This Property will be sold in the manner that creates the greatest return for the seller.
Tract Two as one individual unit and not as any combination.
Auctioneer Note: Dan Clark Auction & Realty, LLC has been given the honor to sell at a public auction these very attractive parcels of land that could serve as an excellent addition to any farming or livestock operation as well as a hunting or investment property. This property will be sold by the acre, based on the acres as stated on the county tax records, with the acres understood to be “more or less”.
Property Location and Legal & Physical Descriptions:
29051 344th Avenue – From Burke Livestock Auction, Burke, South Dakota, the property is located approximately ¼ mile North on 344th Avenue, West side of the road. Lot 1 Jones Subdivision located in the NE ¼ Section twenty-five (25), Township ninety-nine (99) North, Range seventy-two (72) West of the 5th PM, Rhoades Township, Gregory County, South Dakota – 12.75 +/- Acres.
From Burke Livestock Auction, Burke, South Dakota, the property is located ¼ mile North on the West side of 344th Avenue. NE ¼, less Lot 1 Jones Subdivision; NE ¼ of the SE ¼; Lot 2 of SW ¼ of the SW ¼ lying North & East of HWY; PT of SE ¼ of the SW ¼ North & East of ROW; PT NE ¼ of the SW ¼ North & East of ROW less Outlots J-1 & J-2 Section twenty-five (25), Township ninety-nine (99) North, Range seventy-two (72) West of the 5th PM, Rhoades Township, Gregory County, South Dakota – 228.27 +/- Acres.
Combination of Tract One A and One B.
From Winner, South Dakota, the property is located approximately 15 miles East on SD highway 44, and 7 miles North on 333 Avenue on both sides the County road. NE ¼ of the SW ¼; NW ¼ of the SE ¼; Lots 1 to 4 Including S ½ of the N ½; W ½ of the SW ¼ Section eight (8); NW ¼ of the NW ¼ Section seventeen (17); NE ¼ of the NE ¼; S ½ of the NE ¼ Section eighteen (18),Township one hundred (100) N, Range seventy-three (73) W of the 5th PM, North Dixon Township, Gregory County, South Dakota – 565.4 +/- Acres.
Terms & Conditions:
This is a cash sale, which means potential buyers must have their financial arrangements secured prior to bidding. There will be no buyer contingencies offered or accepted for financing, inspections, or appraisals. Immediately upon the conclusion of the auction, the successful bidder(s) will be required to sign a real estate purchase contract and to deposit with RE Broker/Auctioneer, a nonrefundable earnest money payment of ten (10) percent of the total purchase price. The earnest money payment will be made payable to the closing agency, Tripp & Todd County Title Company, 302 East Second Street, Winner, SD 57580. The balance of the purchase price is due in certified funds at closing on or before December 20, 2019. Buyer(s) will honor any current lease agreements. All crops, hay or pasture from the 2019 season belong to the current renter.
Conveyance of marketable title will be transferred by Trustee’s Deed, free and clear of liens but subject to easements, reservations, and exceptions of record as well as statutory rights of way and other recorded easements at the time of sale. Owners’ title insurance policy will be provided to the buyer for examination prior to the auction. Cost of title insurance and closing fees will be divided equally 50% Buyer & 50% Seller.
This property is sold AS-IS / WHERE-IS. Property is being sold by legal descriptions only. Should a property survey become necessary, it will be at the buyers’ expense. Seller(s) do not warranty or guarantee the property boundaries are accurate. Any new boundary survey will be the responsibility of the Purchaser, pursuant to South Dakota statutes. All mineral rights (if any) owned by Seller will be transferred to the Buyer(s). All hunting rights will be transferred to the buyer(s) on March 1, 2020. This property will be offered at the live auction by _X_ amount of dollars per acre times the taxable acres of each parcel equals (=) total dollars $__________________.
Property information provided was obtained from sources deemed reliable, however, the Seller(s) and Broker/Auctioneer are not making any guarantees to its accuracy. Potential buyers are encouraged to conduct both on-site and off-site inspections of the property to the extent deemed necessary and rely upon their own pre-auction inspection when bidding. The Auctioneer may accept absentee, phone or internet bids from bidders who cannot attend the auction. Bidding remotely does not guarantee anonymity. Video and audio recording devices will be in use during the auction which may be broadcast via the internet or used in other places. Winning bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Dan Clark – Responsible Broker and associated licensees are acting as agents for the Seller and will be representing only the Seller’s interest in this transaction. Statements made day of sale take precedence over all written material. This property is being sold subject to the Seller’s approval. The Sellers reserve the right to accept or reject any and all bids.
All 2019 crops and hay will be retained by current lessee.
Tax Proration: All the 2018 & prior years RE taxes will be paid in full by the Seller(s). The 2019 taxes will be prorated to the date of closing at which time buyer’s tax liability begins.
Inspection – Showing Dates: Auction signs will mark the property. Potential buyers may inspect the property at their own convenience. Please be respectful!! Private showings may be done by calling Dan Clark Auction & Realty, LLC (605) 842-3300 to schedule an appointment.
Soil information is provided by Surety® Agridata™. Crop and base acres information is provided from USDA Farm Service Agency.