SW 1/4 of Section 35-T99N-R68W - Peterson Land & Auction LLC

SW 1/4 of Section 35-T99N-R68W

Lot Number:1
Completed
Start Time:11/12/2024 7:00:00 PM
Bid Count:48
Winning Bidder:D****s
Starting Bid:$3,000.00
Bid Increment:$100.00
Current Bid:$6,050.00x 160= $968,000.00
Bidding complete

Tract 1: SW 1/4 of Section 35-T99N-R68W of the 5th PM Charles Mix County, SD. 160 +/- acres. 

This excellent, easily accessed piece of property features 90.85 +/- acres under cultivation, 9.53 +/- acres of hay land with the 59.62 +/- acre balance in pasture, creek and ROW.  The entire tract features a 68 productivity index with the current cultivated portion boasting a strong 76 productivity index!  The property is bordered by a dirt road on the south and west boundaries.   

R.E. Taxes: $2218.08 (2023)

There are no bids for the lot at this time

No donations for this lot

November 12, 2024 - 1:00 pm

Auction Location: American Legion, 501 S Main St, Platte, SD

We are pleased to bring 160 acres of Charles Mix County, Platte Township, SD land to the market at public auction! This auction represents a great opportunity to purchase a diversified tract of land with cultivated land, pasture, hay and hunting potential.  The land is well-located approximately three miles south of Platte, SD, and is only one-half mile off the highway! Access, eye appeal and good productivity with this parcel!  Inspect the property on your own - from the roads.  Contact our office with any questions.  Remember…only at auction!

CLICK HERE FOR PROPERTY LOCATION MAP!

CLICK HERE FOR VIDEO!

Qualifying to Bid: All prospective purchasers that have no prior real estate purchase/business history with Peterson Land & Auction LLC shall be required to submit a letter of credit/guarantee or proof of funds from an FDIC insured lending institution or financial services company prior to being approved to bid.  Auctioneers & Brokers, and the Seller, shall have absolute discretion and authority to approve or not approve potential bidders.  If you have any question as to your ability to bid, contact our office in advance of the auction. 

Contract & Escrow: A 15% non-refundable earnest money deposit along with a signed purchase agreement will be required the day of the auction.  The balance of the purchase price will be due in full, certified funds at closing on or before December 20, 2024, at Rosebud-Platte Title, Platte, SD.  Deposit to be held in trust account of Rosebud-Platte Title Co.

Real Estate Taxes: The Seller will pay 2023 R.E. Taxes due and payable in 2024.  Buyer will receive a credit at closing for the 2024 R.E. Taxes due and payable in 2025-based on the most current county information.  Buyer is responsible for subsequent R.E. Taxes.

Title Insurance & Closing: Title Title Insurance and closing service fee will be divided equally between Buyer and Seller.

Data:  Information on this property was obtained from the Charles Mix County governmental offices, USDA Farm Service Agency and USDA Natural Resources Conservation Service. This information is deemed reliable but is not guaranteed by the Seller, Auctioneers and Real Estate Brokers.

Agency: Peterson Land & Auction LLC represent the Seller only in this transaction.

Possession: Possession shall be transferred at closing-subject to the rights of the current tenant which expires February 28, 2025.  Purchaser has the right to operate the land for the 2025 crop season.

Type of Sale: Cash. No buyer contingencies of any kind are offered, nor will any be accepted. Please have financial arrangements secured prior to bidding. The property will be sold by legal description only and in “As-is” condition-No warranty is made as to property boundaries, soil productivity, water supply or environmental hazards. Please inspect the property to the extent deemed necessary and rely on your own judgment when bidding. Do your own research both onsite and offsite. Announcements made day of auction take precedence over printed material or prior representations. 

501 S Main St
Platte, South Dakota 57369
United States

Not applicable