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Walworth County, SD Farm Land - 196.3 Acres
Listing ID#: 83479
| Auction Location |
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Glenham, SD 57631 |
| Auction Dates and Times |
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Monday Sep 17, 2018 Completed |
| Auction Type |
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 Live Auction
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| Company Information |
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Thorpe Realty & Auction Inc. Website: ThorpeRealtyAuction.com GoToAuction.com ID#: 2271 View company information and listings |
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| Listing Terms and Conditions |
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Successful bidder will deposit 5% irrevocable earnest money down day of sale with balance due in certified funds upon closing, on or before October 22, 2018. Purchaser will receive possession subject to lessee rights upon closing. Purchaser shall have full possession for the 2019 crop year. Property is selling in "as is" condition and without Purchaser contingency of any kind, have financial arrangements secured prior to bidding. Marketable Title will be conveyed, and owner’s title insurance will be provided with the cost of the owner’s policy shared equally between the Purchaser & Seller. Von Wald Law Office will be the closing agent and their closing service fee will be split equally between Purchaser and Seller. Seller is responsible for the 2018 real estate taxes payable in 2019. The Sellers do not guarantee that existing fences lie on the true and correct boundary. FSA yields, bases, payments, acres & other information is estimated and not guaranteed and are subject to County Committee Approval. Seller will convey to the Purchaser all his oil, gas and mineral rights related to the Property. Seller makes no representation and does not warrant the nature and extent of such interests. It is the intention of the Seller to create an IRS Code Section 1031 tax deferred exchange and that the Seller’s rights and obligations under the purchase agreement may be assigned to an exchange company, to facilitate such Exchange. Purchaser agrees to cooperate with the Seller in a manner necessary to enable Seller to qualify for said exchange at no additional cost or liability to the Purchaser. The property is sold subject to existing easements, zoning restrictions, reservations or highways of record, if any, which do not interfere or restrict the existing use of property. Verbal announcements made day of sale shall take precedence over promotion advertisements. Thorpe Realty & Auction is representing the Seller exclusively.
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| File Attachments |
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 Auction Information Packet
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| Listing Information |
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Walworth County Farm Land Auction CROP - HUNTING - INVESTMENT 196.3 Taxable Acres
MONDAY, SEPTEMBER 17, 2018 – 11:00am Auction Location: Glenham Fire Department Hall – 121 Main St. - Glenham, SD 57631 Walworth County, SD - Outstanding opportunity to purchase 196.3 taxable acres of which 193.72 is crop land with an 85.3% soil productivity. Purchaser receives full possession for the 2019 crop year. Located in an excellent hunting area for pheasants, waterfowl and deer. Property Location: From Glenham, SD - 4 miles north and 1/2 mile west on 124th St. Legal Description: Offered @ 196.3 Taxable Acres x $______________ per acre TERMS & CONDITIONS: Successful bidder will deposit 5% irrevocable earnest money down day of sale with balance due in certified funds upon closing, on or before October 22, 2018. Purchaser will receive possession subject to lessee rights upon closing. Purchaser shall have full possession for the 2019 crop year. Property is selling in "as is" condition and without Purchaser contingency of any kind, have financial arrangements secured prior to bidding. Marketable Title will be conveyed, and owner’s title insurance will be provided with the cost of the owner’s policy shared equally between the Purchaser & Seller. Von Wald Law Office will be the closing agent and their closing service fee will be split equally between Purchaser and Seller. Seller is responsible for the 2018 real estate taxes payable in 2019. The Sellers do not guarantee that existing fences lie on the true and correct boundary. FSA yields, bases, payments, acres & other information is estimated and not guaranteed and are subject to County Committee Approval. Seller will convey to the Purchaser all his oil, gas and mineral rights related to the Property. Seller makes no representation and does not warrant the nature and extent of such interests. It is the intention of the Seller to create an IRS Code Section 1031 tax deferred exchange and that the Seller’s rights and obligations under the purchase agreement may be assigned to an exchange company, to facilitate such Exchange. Purchaser agrees to cooperate with the Seller in a manner necessary to enable Seller to qualify for said exchange at no additional cost or liability to the Purchaser. The property is sold subject to existing easements, zoning restrictions, reservations or highways of record, if any, which do not interfere or restrict the existing use of property. Verbal announcements made day of sale shall take precedence over promotion advertisements. Thorpe Realty & Auction is representing the Seller exclusively. Owner: Casey Perman
Jim Thorpe
Peggy Thorpe Office: 605-225-7776
Thorpe Realty & Auction
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Auction License: SD Real Estate Broker #9907 & ND Auctioneer #525 |
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