Directions: Take Exit 150 off US Intestate 90 at Kadoka (the west exit) and go north to Frank Creek Road. Then go west 2.25 miles on Frank Creek Road and you will be at the northeast corner of the property.
Auction will be conducted at the Kadoka City Auditorium Annex located at 820 Chestnut, ST, Kadoka, SD
This property is 577.14 taxable acres, consisting of 489 acres +/- of good farm ground and 83 acres +/- of grassland. It's located in a great location right off Interstate 90 at Kadoka, SD, with excellent gravel roads after leaving the Interstate. This is rolling land that's productive. This property has an average USDA Soil Rating of 45.97
Legal Description: ALL of Section 26 except SE4SE4 and the Highway Right of Way, Township 2S, Range 21E of BHM, Jackson County, SD
Taxes: 2,603.42/ year
TERMS: A 15% non-refundable earnest money deposit along with a signed Purchase Agreement is required the day of the auction. No contingency for financing will be accepted. Possession upon signing purchase agreement and a 15% Earnest money deposit. Closing will be on or before June 1, 2018. Title insurance & closing service fees will be divided equally between Sellers & Buyers with closing to be held at Davison County Title, Mitchell, SD. Cash at Closing or a 5 year Contract for Deed with 30% of purchase price due at closing, 5% interest on unpaid balance. A $40,000.00 payment for years 2, 3 &4 and a balloon payment at end of 5 year contract. 2017 RE Taxes due & payable in 2018 will be paid in full by Sellers. Information on this property was obtained from the Jackson County governmental offices & is deemed reliable but is not guaranteed by the Sellers or Dean/Edwards & Associates, LLC, who are representing the Sellers only in this transaction. Sellers retain the right to reject any and/or all offers. No warranty is being made or implied as to the property boundaries, soil productivity, water supply, or environmental hazards, if any. Announcements made day of auction will take precedence over printed materials.