315 +/- Acres Jerauld County Live Real Estate Auction

Tues. May 21, 2023 @ 10:00 AM  
Take advantage of this opportunity to purchase some quality Jerauld County Crop Ground and Pasture.
Located 1 1/2 miles East of Alpena, SD and 1 1/2 South on 394th Ave., or 6 miles West of Hwy 37 along the Alpena Oil Road and 1 1/2 South on 394th Ave to the North side of property.
Sale will be conducted on site at the Farm Yard South of the Alpena Oil Road on 394th Ave., Watch for Signs

Owner: Glenn D. Olson Estate

Open House: May 4th, 2024 from 1:00—3:00 PM
Click Here to go to Google maps

315.3 +/- Taxable acres
     162.64 DCP Cropland acres
     132.54 Acres Pasture
     15.37 Acres sod west of Rail Road Tracks
     4.76 Acres of Trees and Building site.

Legal Description: SE/4 13-108-63 and NE Exc. 4.7A RR     24-108-63 Alpena Township, Jerauld County , South Dakota
Physical Address: 22329 394TH Ave. , Alpena, SD 57312
2024 Taxes: $3,389.24 / Year
Description: Surety Productivity Index of 54.6
Productive Farm ground, and an opportunity for someone to add to their existing operation with a rental house possibility or for someone looking for hunting ground with a lot of diversity. A very nice shelter belt on North Side of Farm yard,  Pasture water is the creek and the dugout and surrounded with a 4 barb fence.
DCP Crop Data Base Acres PLC Yield
Corn 45.60 113
Soybeans 40.60 29

This property will include a 1 1/2 story 1696 sq. ft. home built in 1907. There is a detached double garage and a detached single garage. There are a couple older out buildings with repairable potential.

• New shingles 5 or 6 years ago, Pump well fixed in fall of 2023
• Breaker box panel, Pressure tank, Electric Hot water heater are located in the basement area.
       Basement has dirt floor.
• Window AC; LP Floor furnace (checked yearly the past few years)
• LP tank on property is owned by Alpena Coop

Cropland and Pasture land is rented for the 2024 season. Buyer will receive the 2nd half of the 2024 rent income. 2023 RE Taxes due & payable in 2024 will be paid by Seller. Seller will pay the first half 2024 taxes due in 2025. Buyer will be responsible for the Second half of the 2024 taxes due and payable in 2025 and beyond.

Buyer could have access to the house and farm yard (4.76 Acres) at closing.  Renters would have access through farm yard until end of contract.

Accommodations for phone bidding may be made by talking with Auctioneers prior to the auction and a $5000.00 Earnest Money Deposit made payable to Dean Edwards Trust Account must be in our possession prior to bidding or a past history of registered bidder with Dean Edwards Real Estate and Auction. If bidder is successful, the balance of Earnest Money Deposit will be delivered within the day of sale or by arrangements and all paperwork signed.
Live bidding only for this auction.

Sale conducted by:
Justin Dean, RE Auctioneer/Broker – 605-999-4239
Lanning Edwards, RE Auctioneer/Broker Associate – 605-999-1250
Bill Maddocks, Broker Associate –  605-933-0246
Kelbi Dean-Messmer, Broker Associate – 605-999-8812
Austin Messmer, Broker Associate – 605-353-5001

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 on or before June 21, 2024, with current tenant having full rights until the end of the current 2023 contract. Title Insurance & closing service fees will be divided equally between Sellers & Buyers with closing to be held at Jerauld County Title, Wessington Springs, SD. Cash at Closing. 2023 RE Taxes due & payable in 2024 will be paid by Seller. Seller will pay the first half 2024 taxes due in 2025. Buyer will be responsible for the Second half of the 2024 taxes due and payable in 2025 and beyond. Information on this property was obtained from the Jerauld 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.