REAL ESTATE FOR SALE ON BIDS 38548 135th St. – Aberdeen, SD Outstanding opportunity to purchase a four bedroom home with up to 155 acres on the edge of Aberdeen! This updated three story home abounds with character and history. Buildings include a 90’ x 196’ horse facility. This barn includes 23 stables, restroom and riding arena (58’ x 196’). You will also find 19 outdoor pens & riding arena. It is currently being used as a horse boarding business and adds excellent revenue to the property. Balance of land is currently in grass & alfalfa but could be tilled. From Aberdeen, SD (intersection of US Hwys 281 & 12): 2 miles south & ½ mile west. Property can be viewed privately by contacting Thorpe Realty & Auction! DESCRIPTION: Tract One: (40 acres +/‐) SE1/4SW1/4 including Aberle’s Outlot A – Sec 27‐T123N‐R63W of the 5th P.M., Brown County, South Dakota. Includes home, outbuildings & 31 +/‐ tillable acres (currently alfalfa & grass) 2009 RE Tax $1402.00 Tract Two: (115 acres +/‐) NE1/4SW1/4 & W1/2SW1/4 except land deeded – Sec 27‐T123N‐R63W of the 5th P.M., Brown County, South Dakota. 114 +/‐ Tillable acres (currently alfalfa & grass) 2009 RE Tax $944.56 Tract Three: (155 acres +/‐) Combination of Tract One & Two – Total 2009 RE Tax $2346.56 TERMS & CONDITIONS: 1.) Interested parties should contact Thorpe Realty & Auction for a bid packet with detailed information and specific terms and conditions of the sale. 2.) Written bids will be accepted until November 26, 2010 at 5:00 p.m. Central Time. Bids should be submitted for total purchase price per tract, not per acre. 3.) The top five bidders for each tract will be invited to the final oral bidding. Oral bidding will be held 11:00 a.m. on Tuesday, November 30, 2010. Bidding will be conducted using a Multi‐Parcel process. 4.) Successful bidders will deposit 5% irrevocable earnest money down day of sale with balance due in certified funds upon closing, on or before December 30, 2010. Buyer will receive immediate possession upon closing. Property is selling without Buyer contingency of any kind, have financial arrangements secured prior to bidding. Title insurance and closing service fee will be split equally between Buyer and Seller. Seller shall pay the 2010 real estate tax payable in 2011 based on the assessed valuation, occupancy status, and formula available at the time of closing. Any additional verbal announcements made at time of oral bidding shall take precedence over any prior written statements. The Seller reserves the right to reject any or all bids. The Seller reserves the right to reject any or all bids. Thorpe Realty & Auction represents the Seller exclusively. For more information: www.ThorpeRealtyAuction.com Office: (605) 225‐7776 or 1‐877‐607‐9871 Peggy Thorpe Broker (605) 216‐1309
Jim Thorpe Broker (605) 216‐7776
Thorpe Realty & Auction Inc. 1812 6th Ave SE – Ste 2 Aberdeen, SD 57401
REAL ESTATE BID FORM BID DEADLINE: Friday, November 26, 2010 at 5:00 p.m. Please clearly print information requested.
Name of Bidder(s): _______________________________________________________________ _______________________________________________________________
Address:
__________________________________________________________________
City, State, Zip: __________________________________________________________________ Phone#: ________________________________________________________________________ Email Address: __________________________________________________________________ Terms & Conditions:
1.) Written bids will be accepted until Friday, November 26, 2010 at 5:00 p.m. Central Time. Bids should be submitted for total purchase price per tract, not per acre. 2.) The top five bidders for each tract will be invited to the final oral bidding. Oral bidding will be held 11:00 a.m. on Tuesday, November 30, 2010. Bidding will be conducted using a Multi‐Parcel process. 3.) Successful bidders will deposit 5% irrevocable earnest money down day of sale with balance due in certified funds upon closing, on or before December 30, 2010. Buyer will receive immediate possession upon closing. Property is selling without Buyer contingency of any kind, have financial arrangements secured prior to bidding. Title insurance and closing service fee will be split equally between Buyer and Seller. Seller shall pay the 2010 real estate tax payable in 2011 based on the assessed valuation, occupancy status, and formula available at the time of closing. Any additional verbal announcements made at time of oral bidding shall take precedence over any prior written statements. The Seller reserves the right to reject any or all bids. Thorpe Realty & Auction represents the Seller exclusively.
Legal Description:
Tract One: (40 acres +/-) SE1/4SW1/4 including Aberle’s Outlot A – Sec 27-T123N-R63W of the 5th P.M., Brown County, South Dakota. Includes home & outbuildings. Bid Amount: $_________________________________________________________________
____________________________________________________________________________________ Tract Two: (115 acres +/-) NE1/4SW1/4 & W1/2SW1/4 except land deeded – Sec 27-T123N-R63W of the 5th P.M., Brown County, South Dakota Bid Amount: $_________________________________________________________________
____________________________________________________________________________________ Tract Three: (155 acres +/-) Combination of Tract One & Two
Bid Amount: $_________________________________________________________________ ____________________________________________________________________________________
The Owner retains the right to reject any or all bids. I/we submit this bid and understand the conditions set forth above and in the Notice of Sale. Signature and printed name of bidder(s): Signature:
___________________________________________________________________
Printed Name: ___________________________________________________________________ Date:
____________________________________________________________________
SUBMISSION OF BID: Mail or submit your bid in a sealed envelope to: Thorpe Realty & Auction 1812 SE 6th Ave Ste 2 Aberdeen, SD 57401 MARK ENVELOPE: Please mark on outside of bid envelope “Sealed Bid" in the lower left hand corner. Include return name and address on envelope.
Office: (605) 225‐7776 or 1‐877‐607‐9871 Peggy Thorpe Broker (605) 216‐1309
Jim Thorpe Broker (605) 216‐7776
Aerial Map
Tract 2
Tract 1
map center: 45° 26' 4.29, 98° 31' 52.59 scale: 5401
Maps provided by:
27-123N-64W Brown County South Dakota
©AgriData, Inc. 2010 www.AgriDataInc.com Field borders provided by Farm Service Agency as of 5/21/2008. Aerial photography provided by Aerial Photograpy Field Office.
10/31/2010
Soils Map
South Dakota Brown 027-123N-064W Aberdeen 154.5 10/31/2010
State: County: Location: Township: Acres: Date:
Maps provided by: Fsa borders provided by the Farm Service Agency as of May 23, 2008. Soils data provided by USDA and NRCS. Acres
Percent of field
Non-Irr Class
Productivity Index
©AgriData, Inc 2008 www.AgriDataInc.com
Code
Soil Description
Alfalfa hay
Barley
Bromegrass hay
Bromegrass alfalfa
Corn
Corn silage
Grain sorghum
Oats Soybea
Cv
Cresbard-Cavour loams
67.9
43.9%
IIIs
49
1.7
33
1.7
1.9
44
4.2
26
40
WfB
Williams-Cavour loams, 3 to 6 percent slopes
62.7
40.6%
IIIs
66
1.8
36
1.8
2
50
4.7
29
44
Hr
Harriet loam
7.6
4.9%
VIs
7
2
0.2
0.2
4
0.4
3
1
WfA
Williams-Cavour loams, 0 to 3 percent slopes
7.3
4.7%
IIIs
71
1.9
39
1.8
2.1
54
5.1
31
48
Tk
Tonka silt loam
5.1
3.3%
IVw
58
0.4
17
1.4
1.4
49
4.6
30
22
Cf
Cavour-Ferney complex
3.3
2.1%
Vs
27
0.8
18
1
1
18
1.7
11
20
Rc
Ranslo-Harriet loams
0.6
0.4%
Vs
17
0.4
8
0.7
0.7
14
1.3
8
8
Weighted Average
54.5
1.6
32
1.6
1.8
44.4
4.2
26
38.9
USDA USDA iiIiiIIi
Farm Service Agency
Legend
Brown County, SD
CJ Tract Boundaries
D Section-Township-Range
Map 1850 1236427 F7395
N
CRP Common Land Units
1:8,893
'l/--
May 5,2010
Rangeland
Wetland DetennlnatJon Identifoers lSDAFSA. rreps are for FSA Program actni'llstraton on~. There Is no gUBrtrltee or fapresertation to Us user m b the aa::uracy. o.mency, sulatilty or reli1bllty.
FSAM\PS CO NOT REPRESENT A LEGPLSURJEY. Theusor acx:~lsthedata 'as is am assumes all r1sIG asscx:iatedwith Is use.
'l/'rld.lffld roirts reflectreoords avalatjew;thNRCS end rrey or rrsy nol cmstihte a rul invenbry d th3 proJ:erty.
Tte USDA Farm SEJvice Pgen:y Ilssurres no f88p