We will be offering the land in Kingsbury County owned by the Luella Imogene Damsgaard Trust. From Arlington, SD – go South on Highway 81 to 217th Street, then West one mile to 453rd Avenue and North one-half mile to property. From Madison SD – go North on Highway 81 to 217th Street, then West one mile to 453rd Avenue and North one-half mile to property.
This well located 158.86 acre parcel of Kingsbury County, SD land will be offered as a unit. This parcel of land has some choice cropland along with a waterway towards the southern end of the property. According to FSA information, this land has approximately 133.29 acres of cropland with 62.72 acre corn base with a 161 bushel PLC yield and a 61.78 acre soybean base with a 41 bushel PLC yield and is enrolled under the County ARC farm program election.
This property has the potential to fulfill the needs of many different buyers. This land would be a great addition to add to your current farming operation, an investment property and a property that has some areas around the waterway which could provide hunting and recreational opportunities. This will be a very desirable parcel of land that must be viewed to realize all of the potential.
Legal Description: The Northeast Quarter (NE1/4) of Section Fourteen (14) of Township 109N, Range 53W (Spring Lake S Township), Kingsbury County, South Dakota.
Terms: CASH – There will be a ten percent (10%) non-refundable earnest money payment due day of auction with the balance due on or before November 13, 2015. Possession will be subject to the existing tenant’s rights under the current farm lease and their rights to harvest the 2015 crops. Title insurance will be utilized with the cost split 50% buyer and 50% seller. This land will be sold by the acre with that amount x 158.86 acres. The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing will be the responsibility of the buyer pursuant to SD law. All of the 2014 real estate taxes due in 2015 in the amount of $2,547.16 as well as all of the 2015 real estate taxes payable in 2016 will be credited at closing based upon the $2,547.16 amount. The auctioneers in this transaction are acting as agents for the seller. Todd Wilkinson, Attorney at law, will be the closing agent in this transaction. The property will be sold subject to confirmation of the Owners.
Luella Imogene Damsgaard Trust
Alvin A. Henry and Shirley A. Henry – Co-Trustees
Todd Wilkinson – Attorney for the Trust – DeSmet, SD
Auction Arranged & Conducted By:
Dean Gulbranson – Gulbranson Auction Services – 605/695-0133 or 605/692-2122 firstname.lastname@example.org
Lee Burggraff – LandMark Realty & Auction, Inc. – 605/428-3909 or 605/366-1673