To settle the Linda Herrig Estate, we will offer the following land at public auction in the Legion Hall Post 274 on Main St. in Corsica, SD

Here is an excellent opportunity to acquire 320 acres of, all contiguous, tillable & pasture land located in a tightly held area of Douglas County!!  This farm runs a mile long with a nice mix of tillable and pasture land. This would make an amazing farm & grazing unit for producers and investors alike! If Hunting is in your plans, with a little work and setup, these tracts would make an ideal hunting haven.

Property Location: From Corsica, SD on Hwy 281 go ½ mile south to 274^th St., 1 mile east to 390^th Ave, & ½ mile south to North edge of Tract 1. Or from the Corsica corner on 281 & 44 go 1 mile east to 390^th St. and ½ mile north to south edge of Tract 2.  Watch for signs!

 TRACT #1 – 160 ACRES

This tract consists of 160 +/- acres of high quality farm land.  According to the FSA, this tract has approx. 127 acres tillable with 120 acres currently under cultivation.  The balance of the land is in pasture, trees, and RROW.  The predominant soil types are Eakin-Ethan complex and Highmore silt loam. This tract carries a productivity index of 76.  The current assessed value is $341,309 and 2017 RE taxes are $2,634.08

LEGAL: The SW ¼ in Section 11-99-64, Douglas County, SD.

 TRACT #2 – 160 ACRES

This tract consists of 160 +/- acres of high quality farm land.  According to the FSA, this tract has approx. 133 acres tillable with 80 acres currently under cultivation.  The balance of the land is in pasture and RROW.  This tract was setup to provide a larger grazing unit for the current tenant with a rural water pasture tap on the western boundary.  If the new buyer would like to maximize more crop land, there are 53 acres of pasture that are classified as tillable acres.  The predominant soil types are Highmore silt loam and Eakin-Ethan complex.  This tract carries a productivity index of 80.  The current assessed value is $357,519 and 2017 RE taxes are $2,746.66

LEGAL: The NW ¼ in Section 14-99-64, Douglas County, SD.

 TRACT #3 – 320 ACRES

Combination of Tracts 1 & 2.  Grandview Township has vacated the RROW between Tract 1 & 2 making this an all contiguous tract of 320 acres, which is very hard to find in Douglas County! With a nice balance of tillable and pasture, this tract would make a great add on opportunity for any cattleman, farmer, or investor.

 TERMS:   Cash Sale with a 10% non-refundable down payment on sale day and the balance on or before December 14, 2018.  A personal representative’s deed will be provided. Title insurance utilized with the cost of Owner’s Policy split 50/50 between buyer and seller.  Seller to retain all the 2018 rental income. New buyer will receive landlord’s possession at closing with full possession on January 1, 2019 at the expiration of the 2018 lease contract.  Seller will pay the 2017 RE taxes due in 2018.  New buyer will be credited at closing for the 2018 taxes due in 2019.  Sold subject to the personal representative’s confirmation and any easement of record.  Wieman Land & Auction Co., Inc. is representing the sellers in this transaction.

 This land has been in the Herrig family for 70+ years. If a land purchase is in your plans – please check out these great tracts.  We invite you to view this parcel of land at your convenience.  For an information packet, go to www.wiemanauction.com or contact Ryan Wieman 605-366-3369, Alan Herrig 605-941-6019, or Paul Herrig 563-543-6873 for more details. Auction will be held at the Legion Hall Post 274 in Corsica, SD.  Come prepared to buy!

 LES & LINDA HERRIG ESTATE - OWNER

Alan & Paul Herrig – Co-PRs

Wieman Land & Auction Co., Inc.
Marion SD   605-648-3111
www.wiemanauction.com

Morgan Theeler, LLP
Don E. Peterson – Closing Attorney
Mitchell, SD 605-996-5588