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LAND & PERSONAL PROPERTY AUCTION CROP LAND - INVESTMENT - HUNTING LAND 960 Acres +/- McPHERSON COUNTY, SD

TUESDAY, MARCH 25, 2014 - Personal Property 12:00pm - Real Estate 2:00pm Auction Location: Hosmer Civic Center - 210 N Railroad Avenue – Hosmer, SD - Lunch Served Personal Property – 12:00 pm 1979 Chev Pickup 2WD 2007 Yamaha Rhino 660 MF 165 Tractor 2WD, Diesel, 3pt., 540 pto, S/N: CDW643011825 Stainless Steel Water Tank w/ Flat Bed Trailer Land Pride Rotary Mower 7’ Dixie Chopper Silver Eagle Series Mower 60’’ All Power Generator 6000 watt, 13 hp,

Sanborn Air Compressor 6hp, 15 gallon Troy Bilt Garden Tiller Gold Series High Flow ATV Sprayer Fairbanks Platform Scale Bench Grinder 8” w/ stand 2 Aluminum Extension Ladders Assorted Electric Hand Tools Pipe Wrenches, Jacks Large assortment of Hand Tools 2 – Chain Saws Garden Tools & Hoses Horse Eveners Misc. too numerous to mention!

Fencing Equipment & Tools Gallagher High Tensile Wire Several Rolls of #9 Wire Post Maul Approx. 50 Steel Posts (new & used) Windmill PLM Pheasant Self-Feeder 3 – Live Traps Refrigerator Apartment Size Refrigerator Old Cast Cook Stove

Real Estate – 2:00 pm 12349 334th Ave - Hosmer, SD - Hillsview Twp. – McPherson County - Outstanding opportunity to purchase 960 acres +/- that is contiguous. If you are looking for productive crop land, hunting land or add to your investment portfolio then plan on attending. The property is located in an excellent hunting area for pheasants, waterfowl and deer. It has been developed for premier pheasant hunting habitat (extensive tree belts, CRP & nesting areas). Tract 1 includes a very attractive rural acreage with home, barn & outbuildings. Properties of this size are very rarely available! Land location from Hosmer, SD: 1 ½ west on SD Hwy 253 & 1 mile north on 344th Ave. Tract 1: E1/2 of Section 34-T125N-R72W of the 5th P.M., McPherson County, SD - 320 acres +/213.8 FSA cropland acres (37.3 acres currently CRP) w/ the balance grass land & building site Tract 2: NW1/4 and E1/2 of Section 35-T125N-R72W of the 5th P.M., McPherson County, SD - 480 acres +/241.5 FSA cropland acres (80.8 currently CRP) w/ balance pasture land & wetlands Tract 3: SW1/4 of Section 35-T125N-R72W of the 5th P.M., McPherson County, SD - 160 acres +/70.6 FSA cropland (19.5 acres currently CRP) w/ balance in grass land (could be tilled) Tract 4: The combination of Tracts 1,2 & 3 - 960 acres +/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 April 25, 2014. Buyer will receive immediate possession upon closing. Property is selling in "as is" condition and without Buyer 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 Buyer & Seller. McPherson County Abstract and Title Co. will be the closing agent and their closing service fee will be split equally between Buyer and Seller. The 2013 real estate taxes payable in 2014 will be paid by the Sellers at closing. Buyer is responsible for the 2014 real estate taxes. The land is to be sold subject to the CRP contracts. The Purchaser shall assume the CRP contracts and all rights and obligations therein. The CRP payment due October 1, 2014 will be paid to the Purchaser. Purchaser agrees to cooperate with the Seller in a manner necessary to enable Seller to qualify for a 1031 tax deferred 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. Verbal announcements made day of sale shall take precedence over promotion advertisements. Thorpe Realty & Auction and Simon Auction Service are representing the Seller exclusively Owners: Jeanne Heier-Donnellan, Cindy Heier and Ronald S and Marlene Airoso-Heier Revocable Living Trust dated March 24, 2005

Jim Thorpe Broker/Auctioneer 605-216-7776 (605) 225-7776

Steve Simon Auctioneer 605-380-8506 (605) 397-8507

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Tract 1: E1/2 of Section 34-T125N-R72W of the 5 P.M., McPherson County, SD - 320 acres +/213.8 FSA cropland acres (37.3 acres currently CRP) w/ the balance grass land & building site Included in the building site is a well maintained four bedroom home. The one-half story home has nd vinyl siding, 2 baths, 1560 sq. ft. (1196 sq. ft. – main, 362sq. ft. - 2 level, 728 sq. ft. – basement). It sells complete with furniture, beds, appliances and miscellaneous household items. Outbuildings include a steel sided hip roof barn, detached garage (18’x28’) & pole barn (26’x40’). 2013 Real Estate Taxes $1,920.74

Offered @ 320 acres x $__________________ per acre = $_______________________________________

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Description

Farm Number :  Tract Number : 

: NE 34 125 72

FAV/WR History : No

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