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High Quality Cropland Sale of Frankfort and Doland Area Land
Tuesday, November 13, 2018 - 10:00 AM
Auction Location: Frankfort, SD
 

Auction Location: Fisher Grove Club House,
17290 Fisher’s Lane, Frankfort, SD

To be offered at Public Auction:

Lot 1 - NW ¼ of 9-116-61, Belle Plaine Township, Spink County, SD

This tract is offered $____x 160 taxable acres.
The acreage will contain approx. 156.75 acres farmland - all considered cropland. The balance will be non-crop acres and right of ways. The County Parcel Rating: .947. The Surety Productivity Index: 93.7. Estimated Bases: Corn 75.15, Soybeans 75.15.
The 2018 real estate tax: $2,784.00. * Has FSA farmed wetland.

Lot 2 - SW ¼ of 9-116-61, Belle Plaine Township, Spink County, SD

This tract is offered $____x 160 taxable acres.
The acreage will contain approx. 155.79 acres farmland of which 152.45 are considered cropland. The balance will be non-crop acres and right of ways. The County Parcel Rating: .840 (.869 cropland). The Surety Productivity Index: 80.8. Estimated Bases: Corn 73.1, Soybeans 73.1. The 2018 real estate tax: $2,461.28. * Has FSA farmed wetland.

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

Land Location: From Frankfort, SD (Jct of Hwy’s 11 & 212) – go 6 miles East on Hwy 212 & 1 mile South (402 Ave). From Doland, SD (Jct of Hwy’s 37 & 212) – go 4 miles West on Hwy 212 & 1 mile South (402 Ave).

Note: This is a fantastic opportunity to acquire high quality Spink County cropland with terrific soil ratings. These tracts have good access and would look great in any portfolio. This sale offers farming, hunting & investment opportunities!

- Buyer(s) will have the right to operate in 2019

Terms: Successful bidder(s) will deposit 10% down as irrevocable earnest money on day of sale. The balance will be due at closing which will be within 45 days after date of sale. The closing agent is Rob Ronayne, Ronayne & Cogley Law Office, Aberdeen, SD.

Jark/Worlie Auction, LLC and Rob Ronayne are acting as agents for seller. The cost of title insurance and closing service fees are divided between buyer and seller. Possession given at closing. Seller will pay 2018 real estate taxes (paid in 2019). 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. Parcels 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.

Norman Smith - Trustee

 
Owner: Gwendolyn Bollerslev Trust

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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