Upcoming Live Public Auction Of Farmland Located In Alcester and Virginia North TWPS, Union County, SD

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Auction Description:

Upcoming Live Public Auction Of Farmland Located In Alcester and Virginia North TWPS, Union County, SD
Live Auction
Auction Date/Time: November 7th, 2024 – 10:30am
Location: Alcester, SD
Directions: From Alcester, SD, 4 miles north on SD Hwy 11, 3 miles east on SD Hwy 46 and ¼ south on 482nd Ave.

Owners: Gordon Schoellerman and Howard and Jule Schoellerman Estate, Owners

UNION COUNTY LAND AUCTION
154 +/- Acres, 2 Tracts
Alcester and Virginia North Townships

We will sell the following real estate at public auction, both live/online at the land site located from Alcester, SD, 4 miles north on SD Hwy 11, 3 miles east on SD Hwy 46 and ¼ south on 482nd Ave.
Auctioneer’s Note: If you are looking to expand your farming operation or buy land as an investment, don’t miss this auction! Located in the rolling hills east of Alcester and just west of the Iowa border, this productive land has been in a corn/soybean rotation and is available to farm for the 2025 crop year. The land is located near grain elevators and an ethanol plant.

Tracts will be sold separately and not combined.
Tract 1: Legal Summary: SE ¼ NE ¼ and NE ¼ SE ¼, Less Acreage 1-95-49, Union County, SD, 74.0 +/- acres. This tract will be surveyed and will be paid for by the seller. Predominate soils: Moody-Nora silty clay loams, 6-10 percent slopes and Alcester silty clay loam, 2-6 percent slopes. According to Surety/AgriData, the land has a productivity index of 70.1. The FSA office estimates there is approximately 70.39 acres of cropland with a 33.32-acre corn base/165-bushel PLC yield and a 19.31 soybean base/42-bushel PLC yield. After the survey, the tract will be subject to reconstitution by the FSA. The acreage site is not included with this tract. Taxes: TBD.
Tract 2: Legal Description: W ½ Lot 1 NW ¼ and N ½ Lot 2 SW ¼, 6-95-48, Union County, SD, 80.59 acres. Predominate soils: Moody-Nora silty clay loams, 6-10 percent slopes, Alcester silty clay loam, 2-6 percent slopes and Calco silty clay loam, wet, 0-2 percent slopes, occasionally flooded. According to Surety/AgriData, the land has a productivity index of 54.6 and a soil rating of .672. The FSA office estimates there is approximately 78.87 acres of cropland with a 41.13-acre corn base/165-bushel PLC yield and a 23.84-acre soybean base/42-bushel PLC yield. Taxes: $1,719.46.

Terms: 15% nonrefundable down payment day of sale with the balance due at closing on or before Dec 19, 2024. Possession March 1, 2025. Title insurance and closing costs split 50/50 between buyer and seller. 2024 taxes due in 2025 to be paid by the seller. The acres in this property are based on acres stated in the county tax records with acres to be understood to be “more or less”. The seller does not warranty or guarantee that the existing fences lie on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. The property is sold in as-is condition and as a cash sale with no financing contingency. Sold subject to existing easements, restrictions, reservations, or highway of record, if any. Information is deemed to be correct but it is not guaranteed. All prospective buyers are encouraged to inspect the property and verify all data provided. Statements made the day of sale take precedence over all written advertising. Real Estate licensees are agents for the seller. Sold subject to confirmation of owner.

Howard and Jule Schoellerman Estate, Owner
Kevin & Julie Schoellerman PR
Gordon Schoellerman, Owner

Auctioneer/Broker Associates:
Joel R Westra, Broker, Beresford, SD 605-310-6941
Joel A Westra, BA, Chancellor, SD 605-957-5222
Jonathan Hagena, BA, Lennox, SD 605-728-7282
John Hauck, BA, Beresford, SD 605-254-6966
Phil Eggers, BA, Renner, SD 605-351-5438
Mark Zomer, Zomer Company, Rock Valley, IA 712-470-2526

To view complete auction flyer, click here: https://www.westraauction.com/wp-content/uploads/2024/09/Schoellerman-Booklet.pdf

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