A-21529 LAND AUCTION 298.17+/- Acres, Mcok unty, South Dakota Thursday, December 22, 2016 10:30 AM at the American Legion Hall Canistota, South Dakota Highlight Features: Multiple tracts near South Dakota Highway 42 Excellent cropland with good PI ratings offers an excellent building site for rural residence Pasture with pond Property Location: From Canistota, South Dakota, south on 446 Avenue to South Dakota Highway 42 then west one mile to 445 Avenue and north a quarter mile to Tract 2, for Tract 1 go back to South Dakota Highway 42 then west one mile and north a half mile on 444 Avenue to Tract 1, then for, go back to South Dakota Highway 42 to the northeast corner of. is the pasture part of Tract 3 and is the cropland part of. For additional information, please contact: Serving America s Landowners Since 1929 www.farmersnational.com Tom Jass, AFM, Agent Brandon, South Dakota Office: (605) 582-2798 Cell: (605) 366-8031 TJass@FarmersNational.com www.farmersnational.com/thomasjass Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance nsultations Oil and Gas Management Lake Management Forest Resource Management National Hunting Leases FNC Ag Stock
Property Information Legal Description: Tract 1: SW 1/4 NW1/4 Section 16, 101-54, Mcok unty, South Dakota Tract 2: N 1/2 SE 1/4 and S 1/2 of NE 1/4 except the N 900 ft of the E 968 ft of the SE 1/4 NE 1/4 Section 16, 101-54 Mcok unty, South Dakota : E 1/2 NE 1/4 except Lot H-1 and Lot H-2 and E 1/2 W 1/2 NE 1/4 except Lot H-1, Section 20, 101-54 West of the 5th P.M. Mcok unty, South Dakota. If the area of sells as and these tracts will be surveyed to create legal descriptions for and. Property Description: This offering is an excellent opportunity to purchase tracts of various sizes of ag land and a potential beautiful building site near South Dakota Highway 42 just south of Canistota. Tract 1 (40+/- acres) is an excellent farming tract with a USDA PI of 83.8. Tract 2 (141+/- acres) is also an excellent farming tract with a USDA PI of 74. (117+/- acres) offers cropland and pasture with a weighted average USDA PI of 69.7. (53.47+/- acres, part of ) will be offered as the acreage site with trees, pond and pasture. (63.7+/- acres, part of ) is all cropland with 63.7+/-acres with USDA PI of 81.1. If Tracts 4 and 5 are to sell the combined total bid of both tracts must exceed the total bid on. Farm Data: Tract 1 Cropland Non-crop Tract 2 Cropland Non-crop Cropland Pasture Pasture Cropland 39.60 acres.40 acres 40.00 acres 132.42 acres 8.58 acres 141.00 acres 63.70 acres 53.47 acres 117.17 acres 53.47 acres 53.47 acres 63.70 acres 63.70 acres FSA Information: Tract 1 Base Yield rn 19.2 acres 120 bushels Soybeans 19.1 acres 36 bushels Tract 2 Base Yield rn 63.4 acres 120 bushels Soybeans 67.6 acres 36 bushels Base Yield rn 31.8 acres 120 bushels Soybeans 14.0 acres 36 bushels Taxes: Tract 1: $1,134.80 or $28.37 per acre Tract 2: $4,210.02 or $29.85 per acre : $2,912.44 or $24.85 per acre
445th Ave Aerial Overview 264th St Tract 1 Sec. 17 Tract 2 S Sec. 21 S
445th Ave 445th Ave Tract 1 Aerial Photo Tract 1 Soil Map Tract 1 Tract 1 Ck Clarno-Bonilla loams, 0 to 3 percent slopes IIc 84 76 37.9 Ck Crossplain clay loam IIw 77 70 1.1 Clarno loam, 3 to 6 percent slopes IIe 81 74 0.2 TOTAL 83.8 75.8 39.2 Tract 2 Aerial Photo Tract 2 Soil Map EbC Tract 2 Sec. Tract 2 Tb CeB Wo CeB Ck Crossplain-Clarno complex IIw 78 71 49.2 Clarno-Bonilla loams, 0 to 3 percent slopes IIc 84 76 36.3 EbC Ethan loam, 6 to 9 percent slopes IVe 53 48 13.2 Ck Crossplain clay loam IIw 77 70 13.1 Clarno loam, 3 to 6 percent slopes IIe 81 74 11.2 Wo Worthing silty clay loam, 0 to 1 percent slopes Vw 30 27 6.8 CeB Clarno-Davison loams, 2 to 5 percent slopes IIe 70 64 5.6 Tb Tetonka silt loam, 0 to 1 percent slopes IVw 56 51 4.7 TOTAL 74.0 67.2 140.1
, 4, and 5 Aerial Photo Soil Map Sec. 17 Ck HaB HbA Clarno-Bonilla loams, 0 to 3 percent slopes IIc 84 76 60.9 Ethan-Betts loams, 9 to 15 percent slopes VIe 32 29 29.8 Crossplain-Clarno complex IIw 78 71 9.0 Clarno loam, 3 to 6 percent slopes IIe 81 74 7.0 Ck Crossplain clay loam IIw 77 70 4.3 HbA Hand-Bonilla loams, 0 to 3 percent slopes IIc 85 77 3.0 HaB Hand loam, 3 to 6 percent slopes IIe 80 73 2.6 TOTAL 69.7 63.2 116.6
Tract Sec. 17 4 Soil Map Sec. 21 Sec. 21 YMBOL NAME LCC PI PI ACRES Ethan-Betts loams, 9 to 15 percent slopes VIe 32 29 27.7 Clarno-Bonilla loams, 0 to 3 percent slopes IIc 84 76 15.7 Clarno loam, 3 to 6 percent slopes IIe 81 74 6.1 Crossplain-Clarno complex IIw 78 71 3.0 TOTAL 55.9 50.7 52.5 Soil Map Sec. 17 A-21529 Mcok., SD Latitude: 43.5397 N Longitude: -97.3318 W Imagery Source: USDA NAIP Soil Data Source: USDA NRCS Boundaries Are Approximate Ethan-Betts loams, 9 to 15 percent slopes VIe 32 29 27.7 Crossplain-Clarno complex IIw 78 71 3.0 TOTAL 55.9 50.7 52.5 Sec. 17 Ck HbA Clarno-Bonilla loams, 0 to 3 percent slopes IIc 84 76 15.7 Clarno loam, 3 to 6 percent slopes IIe 81 74 6.1 A-21529 Mcok., SD Latitude: 43.5397 N Longitude: -97.3318 W Imagery Source: USDA NAIP Soil Data Source: USDA NRCS Boundaries Are Approximate Sec. 21 Ck HbA HaB HaB Clarno-Bonilla loams, 0 to 3 percent slopes IIc 84 76 45.2 Crossplain-Clarno complex IIw 78 71 6.0 Ck Crossplain clay loam IIw 77 70 4.3 HbA Hand-Bonilla loams, 0 to 3 percent slopes IIc 85 77 3.0 HaB Hand loam, 3 to 6 percent slopes IIe 80 73 2.6 Ethan-Betts loams, 9 to 15 percent slopes VIe 32 29 2.1 Clarno loam, 3 to 6 percent slopes IIe 81 74 0.9 TOTAL 81.1 73.5 64.1 A-21529 Mcok., SD Latitude: 43.5397 N Longitude: -97.3318 W Imagery Source: USDA NAIP Soil Data Source: USDA NRCS Boundaries Are Approximate
AUCTION TERMS Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s). Taxes: It is the Seller s intent to pay the 2016 taxes that are due in 2017 if the amount is known by the closing date. If the amount is not known by the closing date the Seller s will give the Buyer(s) credit at closing based on the most recent 2015 taxes. nditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an AS IS-WHERE IS basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National mpany. Possession: Possession will be granted at closing on January 24, 2017 or such other date agreed to by the parties. Subject to the current lease which expires March 31, 2017. rn stalk bales will be removed by the farm operator prior to the lease expiration date. Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier s check, personal check, or company check. All funds will be deposited and held by Mcok unty Abstract and Title mpany. ntract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Farmers National mpany the required earnest payment. The Seller will provide an owner s policy of title insurance in the amount of the contract price. The cost of title insurance will be shared equally by the Seller and Buyer(s). The cost of any escrow closing services will be shared equally by the Seller and the Buyer(s). Sale is not contingent upon Buyer(s) financing. Closing: The sale closing is on January 24, 2017, or such other date agreed to by the parties. The balance of the purchase price will be payable at the closing in cash, guaranteed funds, or by wire transfer at the discretion of Farmers National mpany. Survey: The Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. The Seller will pay the survey costs. Final contract price will not be adjusted to reflect any difference between the advertised and actual surveyed acres. Sale Method: The real estate will be offered as multiple tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National mpany and Seller. All decisions of the Auctioneer are final. Approval of Bids: Final sale is subject to the Seller s approval or rejection. Agency: Farmers National mpany and its representatives are acting as Agents of the Seller. Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National mpany nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or more or less. Any announcements made auction day by Farmers National mpany will take precedence over any previous printed materials or oral statements. Farmers National mpany and Seller reserve the right to preclude any person from bidding if there is any question as to the person s credentials or fitness to bid. Seller: Richard Cannon, James Cannon, and Roger Cannon Auctioneer: Eric Mueller, 14635 Note: Tract 2 has been fall tilled with a vertical disc. Buyer will reimburse farm operator for 132.4 acres at $17 per acre = $2,250.80
445th Ave 446th Ave N 7th Ave 4th St 1st St LAND AUCTION 298.17+/- Acres, Mcok unty, South Dakota Thursday, December 22, 2016 10:30 AM at the American Legion Hall Canistota, South Dakota 261st St Property Location Map W Willow St E Will W Elm St N 3rd Ave Canistota E Main St W Ash St 262 263rd St 264th St Tract 1 Tract 2 T5 T4 T5