A great opportunity to purchase farm ground located 3 miles West and 1/8 North of Mitchell, SD with a lot of potential options! This 70.33 acres is as diversified as you can find this close to Mitchell, SD. There are 4 lots already subdivided and platted in the SW Corner that runs East and West with another 18 lots that have been drawn out but not officially platted. These lots are located in the alfalfa field in which there is approximately 32.87 acres currently in alfalfa, 37.29 acres in hay land and the Northeast Corner show some potential for gravel. (Gravel has not been certified but a pile has been dug and runs about 8’ deep in the test hole.) This property has a Soil Productivity Index of 77.7. According to the Davison County FSA Office there is 70.16 acres of DCP cropland. Real Estate will be sold as 1 Tract and not divided into parcels or tracts.
Sale will be held at property.
Please listen to KMIT radio for any weather announcements the day of sale.
Legal Description: SW 1/4 Ex-RY Platted Lots EX North of Railroad Section 24, Township 103N, Range 61 West, Beaulah Township, Davison County, South Dakota and A Plat of Lots 1,2,3 and 4, Block 1 of Powderhorn Subdivision and Longhorn Court in the SW 1/4 of Section 24, T103N, R61 W of the 5th PM, Davison County, South Dakota.
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 at closing. Closing will be on or before Dec. 30, 2019. 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. 2019 RE Taxes will be paid by Seller. Information on this property was obtained from the Davison 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.