Lincoln County, SD Land Auction – Andreessen

Andreessen Cal Image

Friday, November 04, 2022 - 11:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

Location

Lincoln County, South Dakota

Andreessen Cal Image

Seller

Andreessen Family Farms, LLC

Managed By

Allen Henslin (320) 979-1808

Dan Sullivan (319) 795-1833

Location & General Information

461.45 Acres± (Subject to Survey) • 3 Tracts

The Andreessen land is located southeast of Tea, SD, and west of Harrisburg. All tracts are a short distance from Sioux Falls, SD. The land is further described as being located in Section 4, T99N – R50W, LaValley Township and Section 32, T100N-R51W, Delapre Township, all in Lincoln County.

Tract Information

Tract 1 – 150.17 Acres± (Subject to Survey)

  • FSA figures indicate 144.4 acres of NHEL cropland
  • Crop Productivity Index (PI) Rating: 80
  • Productive soil types include Egan-Shindler, Chancellor-Tetonka and Wentworth.
  • Access is along the north side by Hwy 110 (tar road) and the east by 473rd Ave.

 

Tract 2 – 200.18 Acres± (Subject to Survey)

  • FSA figures indicate 190.5 acres of NHEL cropland
  • Crop Productivity Index (PI) Rating: 75.6
  • Productive soil types include Egan-Shindler, Chancellor-Tetonka, and Wentworth
  • Access is along the east side by SD Highway 17 (tar road) and the south side by 273rd Street.

 

Tract 3 – 109.3 Acres± (Subject to Survey)

  • FSA figures indicate 47.7 acres of NHEL cropland and 20 acres± of CRP
  • Crop Productivity Index (PI) Rating: 69.8
  • Productive soil types include Clamo, Egan-Shindler, Egan-Worthing and Chancellor-Tetonka
  • Access is along the east side by 465th Ave and the south side by 273rd Street.

Method & Terms

All tracts will be sold on a price per acre basis, based on the surveyed acres, and offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can elect any or all tracts (in any order) for their high bid. If the high bidder elects only one of the tracts, then the remaining tracts will be sold. The tracts will NOT be offered together at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at closing, on or before Friday, December 16, 2022. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide marketable title and pay the 2022 real estate taxes. Possession will be given at the time of closing.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold “As Is”.

Aerial Maps

Soil Maps

Andreessen Family Farms, LLC - Seller

 

Representing Attorney:

Thomas Frieberg

Frieberg, Nelson & Ask, L.L.P.

(605) 763-2107

 

Auction Managers:

Allen Henslin (320) 979-1808

Dan Sullivan (319) 795-1833