We will offer the following farmland at public auction located from Salem SD, north edge go 5 miles north on Hwy 81, 2 miles west and ½ mile south.

 Auction will be held on the land site!  Auction will not be livestreamed at the site so if you are interested in bidding call one of the auctioneers at 605-351-1273 (Nate) or 605-366-3369 (Ryan).

The real estate consists of 152.15 acres (+ or -) of farmland. The FSA Office indicates that this tract has 91 acres tillable and the balance in pasture and a Sioux 9000 Bu Grain Bin with drying floor and Sukup fan.  The tillable acres have had some tiling done.  The land lays level to gently rolling with the pasture dugout and waterway passing through it.  The predominate soil types are Bon Loam, Clarno-Ethan Bonilla Loams, Clamo Silty Clay Loam, Clarno Loam, Delmont Loam, Delmont-Enet Loams, Talmo-Betts Loams and Tetonka-Canisteo Complex and the tillable acres have a 62.9 soil productivity rating.  A portion of this land has potential for gravel extraction.  The annual real estate taxes are $2090.96.  We invite you to view this land at any time. This land is being sold to facilitate a 1031 Exchange on other land.  For buyer info packet, visit our website at www.wiemanauction.com or call 605-648-3111 and we will send one to you!

LEGAL:   The SE ¼ except Lot A Schmeichel Addition in Section 21-104-55, McCook County, South Dakota

TERMS:  Cash Sale with a 15% nonrefundable down payment the day of the sale and the balance on or before December 14, 2022. Title insurance will be utilized with the cost split 50/50 between buyer and seller and title passed by Warranty Deed.  The seller will pay all 2021 and 2022 Real Estate Taxes.  Possession granted upon final settlement for the 2023 crop year.  Sold subject to confirmation by the owners.  Wieman Land & Auction Co. is representing the seller in this transaction. Buyer broker representation is not offered with this transaction.  This parcel is involved in a 1031 Exchange.

LARRY & MARY LOU SCHMEICHEL, OWNERS

605-421-1292