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Lot 1
Lot 2
Lot 3
Lot 4
Lot 5
Lot 6
Lot 7
Lot 8
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Turton & Frankfort Area Land of 1272 Acres Real Estate Sale
Thursday, December 7, 2017 - 10:00 AM
Auction Location: Aberdeen, SD
 

Auction Location: Dakota Event Center,
720 Lamont Street, Aberdeen, SD

To be offered at Public Auction:

Lot 1 - NE ¼ of 18-118-61, Sumner Twp, Spink County, SD

This tract will be offered $____x 160 taxable acres.
The acreage will contain approximately 156.27 acres cropland. The balance will be non-crop acres and right of ways. The County Soil Rating: .730. Combined Bases (with Lot 2): Wheat 17.43, Corn 164.62, Soybeans 131.52. The Surety weighted average: 76.9. The 2016 real estate tax: $2,022.88.

Lot 2 - NW ¼ of 18-118-61, Sumner Twp, Spink County, SD

This tract will be offered $____x 156 taxable acres.
The acreage will contain approximately 157.3 acres farmland of which 154.55 are cropland. The balance will be non-crop acres and right of ways. The County Soil Rating: .806. Combined Bases (with Lot 1): Wheat 17.43, Corn 164.62, Soybeans 131.52. The Surety weighted average: 72.1. The 2016 real estate tax: $2,177.70.

Lot 3 - SW ¼ of 19-118-61, Sumner Twp, Spink County, SD

This tract will be offered $____x 158 taxable acres.
The acreage will contain approximately 155.52 acres cropland. The balance will be non-crop acres and right of ways. The County Soil Rating: .660. Bases: Wheat 8.75, Corn 81.59, Soybeans 65.18. The Surety weighted average: 63.0. The 2016 real estate tax: $1,806.10.

Lot 4 - NW ¼ of 30-118-61, Sumner Twp, Spink County, SD

This tract will be offered $____x 158 taxable acres.
The acreage will contain approximately 157.36 acres cropland. The balance will be non-crop acres and right of ways. The County Soil Rating: .667. Bases: Wheat 8.85, Corn 82.55, Soybeans 65.96. The Surety weighted average: 63.8. The 2016 real estate tax: $1,825.04.

Note: It is our intention to offer choice of Lots 1, 2, 3 & 4. High bid may take Lot 1 ($___x 160 taxable acres), Lot 2 ($___x 156 taxable acres), Lot 3 ($___x 158 taxable acres), Lot 4 ($___x 158 taxable acres) or any combination of Lots ($___x combined taxable acres). We will then offer choice of any remaining Lots. 

Lot 5 - NW ¼ of 22-118-62, Clifton Twp, Spink County, SD

This tract will be offered $____x 160 taxable acres.
The acreage will contain approximately 156.61 acres cropland. The balance will be non-crop acres and right of ways. The County Soil Rating: .559 (crop) & .222 (non-crop). Bases: Wheat 8.68, Corn 82.23, Soybeans 65.70. The Surety weighted average: 57.5. The 2016 real estate tax: $1,162.12.

Lot 6 & 7- W ½ of 25-118-62, Clifton Twp, Spink County, SD

This tract will be offered $____x 320 taxable acres.
The acreage will contain approximately 311.24 acres cropland. The balance will be non-crop acres and right of ways. The County Soil Ratings: .665 (NW) & .654 (SW). Combined Bases: Wheat 17.45, Corn 163.31, Soybeans 130.48. The Surety weighted average: 64.6. The 2016 real estate tax: $3,553.92. Tract has a FWS wetland easement.

Lot 8 - SW ¼ of 26-118-62, Clifton Twp, Spink County, SD

This tract will be offered $____x 160 taxable acres.
The acreage will contain approximately 158.15 acres cropland. The balance will be non-crop acres and right of ways. The County Soil Rating: .476 (crop) & .231 (non-crop). Bases: Wheat 8.78, Corn 83.03, Soybeans 66.34. The Surety weighted average: 43.5. The 2016 real estate tax: $870.16.

Note: It is our intention to offer choice of Lots 5, (6 & 7 as W 1/2) & 8. High bid may take Lot 5 ($___x 160 taxable acres), Lots 6 & 7 ($___x 320 taxable acres), Lot 8 ($___x 160 taxable acres) or any combination of Lots ($___x combined taxable acres). We will then offer choice of any remaining Lots.

Land Location: Directions are to a centrally located starting point between parcels 
3 & 4.

From Turton, SD – go 6 miles West on Co. Hwy 12 (161 St.) & 3 miles South (400 Ave). From Frankfort, SD (Jct. Hwy’s 212 & 11) - go 4 miles East on Hwy 212 & 8 miles North on Co. 7 (400 Ave.). From Doland, SD (Jct. Hwy’s 212 & 37) - go 6 miles North on Hwy 37, 6 miles West (166 St.) & 2 miles North (400 Ave.).

Note: This is a fantastic opportunity to add Spink County cropland to your portfolio. These tracts are considered all tillable and are situated within 5 miles of each other. They have good access and consist of soils with good production capabilities. All parcels have 100% base. Parcels offered free of liens and will be transferred by Trustee’s deed. This sale offers farming, hunting & investment opportunities!

Buyer(s) will have the right to operate in 2018

Terms: All sales are subject to US District 12 Bankruptcy Court approval. Successful bidders will deposit 10% down as irrevocable earnest money on day of sale. The balance will be due at closing. Closing date to be set by US District 12 Bankruptcy Court and will be conducted by Forrest Allred, Trustee. The cost of title insurance and closing service fees will be divided between buyer and seller. Jark/Worlie Auction, LLC is acting as agent for seller. Possession will be given at closing. Seller will pay 2017 real estate taxes (paid in 2018). Seller will convey to buyer any gas, oil, mineral or hunting rights now owned. Seller reserves the right to accept or reject any or all bids. Announcements made the day of sale shall take precedence over written advertisements. These parcels are offered subject to any rights, easements, restrictions and/or reservations of record. No buyer contingencies of any kind – have financial arrangements secured prior to bidding. *While we feel that all information is correct, it is your responsibility as buyers to research any/all information to your own satisfaction.

Forrest Allred - Trustee

 
Owner: Bankruptcy Estate of Randal Kent Hansen

Managed & Conducted by:
Jark/Worlie Auction Company, 221 S. 1st St Aberdeen, SD 57401
E-mail: jarkauction@nvc.net  Phone: 605-225-1828  
Web Site: http://jarkworlie.com/

Auctioneers:
Merlin T. Worlie               Val W. Jark
Aberdeen, SD                  Warner, SD
(605) 715-9200                 (605) 380-2244
RE Auctioneer #114           RE Auctioneer #327

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