CRYSTAL TWOMEY LIVING TRUST & LOREN SMITH Public Land Auction
TUESDAY, JANUARY 31, 2023
Sale Time: 10:00 AM Central
Community Center
125 Broadway Street, Conde, SD
We would like to invite and welcome you to our Public Auction! This is an opportunity to add Spink County, SD land to your portfolio. ** Buyers have the right to operate in 2023 **
This sale offers Farming – Hunting & Investment Opportunities!
TO BE OFFERED AT LIVE PUBLIC AUCTION:
NW 1/4 of 4-119-61 EX RD (4.05),
Benton Township
Spink County, South Dakota
This tract is offered $_____ x 157.95 taxable acres.
According to the FSA Office, this tract has 154.54 FSA Farmland acres of which 91.14 are considered cropland and 63.4 acres are CRP w/CREP Walk in (both expire Sept. 2032). The CRP pays $90.58 per acre / $5744 per year.
The CREP Program pays $23.40 per acre / per year.
The balance of the land is shelter belt, non-crop acres and R.O.W.
The Spink County Rating is: .406. The Surety Productivity Index: 41.7. The 2022 Real Estate Taxes: $935.22. ** There is a Wetland Easement on a portion of it. ** There may be the presence of noxious weeds.
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 of date of sale. The cost of title insurance and closing service fees will be divided equally between buyer and seller. The Closing Agent is Ronayne Law Office, Aberdeen, SD. Jark/Worlie Auction, LLC and Ronayne Law Office are acting as agents for sellers. Possession will be at closing. The 2023 real estate taxes to be paid by buyer. Sellers will convey to buyer any gas, oil, mineral or hunting rights now owned. Buyers agree to follow CRP & CREP contract. Sellers reserve the right to accept or reject any or all bids. Announcements made day of sale shall take precedence over written advertisements. This parcel is 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.
LAND LOCATION
From Conde, SD (Jct of Hwy’s 20 & 37) – go 4 miles West on Hwy 20.
From Brentford, SD (Jct of Hsy’s 20 & County 11) – go 7 miles East on Hwy 20.
OWNERS: CRYSTAL TWOMEY LIVING TRUST & LOREN SMITH
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SALE CONDUCTED BY JARK/WORLIE AUCTION, LLC, ABERDEEN, SD
Val W. Jark (605) 380-2244 – RE Auctioneer #327
Merlin T. Worlie (605) 715-9200 – RE Auctioneer #114
CLOSING AGENT: RONAYNE LAW OFFICE, ABERDEEN, SD (605) 225-0100
