WILLIAMS & WILLIAMS REAL ESTATE AUCTIONS

132+/- Acres in 2 Parcels in Union County

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On The Lawn
132+/- Acres In Union County
Beresford, SD 57004
SELLS WITHOUT RESERVE
Property Type:Single-Family
Description:4BR | 2.5BA | 1,626+/- sf | 132+/- ac
Bidding Closed
Auctioned
Auction Info
Auction Date/Time:
Thursday, December 5, 2019
at 11:00am CST
Auction Location:
The Bridges at Beresford Golf Course 601 S 7th Street
Beresford, SD 57004
Open Public Inspections:
1-4pm Saturday November 16
Nominal Opening Bid:
SELLS WITHOUT RESERVE

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records. SD Broker: Philip Heiliger Re Lic 17570 Ranch & Farm Auctions LLC 15136, Jason Schendt, Broker Re Lic 16828 Whitetail Properties Real Estate LLC, LIC13439, Broker Jeff Evans Re Lic 16846 Williams & Williams Mrktg Srvcs, Inc. Re Lic 12782

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.

Property Type:
Single-Family
Bedrooms:
4
Bathrooms:
2.5
Square Footage:
1,626+/- sf
Lot Size:
132+/- ac
Year Built:
N/A
Property ID:
356204
Union County, Beresford, SD 57004

Coming to auction, this 132+/- ac farm and home located just across the interstate west of Beresford, SD. Divided into two tracts, the 128+/- ac productive farmland consists of good soil rating a 73.8 on the productivity index. Easy access on two sides help get your crops to market with ease. The second tract in the northeast corner features a 1,626+/- sf, 4 bedroom/2.5 bath cozy farmhouse sitting on 4+/- ac. The homesite includes a two-car garage, an old schoolhouse and several storage options. Conveniently located, the farm is minutes away from downtown Beresford or jump on the interstate and be on your way to Sioux Falls or Sioux City in no time.

• Less than 1 Mile from Beresford, 35 Miles to Sioux Falls, & 52 Miles to Sioux City
• Potential for Commercial development
• Driveway access off of Highway 46
• Access off of 470th Ave to fields
• Rural Water
• Wire fencing on the perimeter
• Some drain tile present
• Home was built in 1897 but has been updated
• 2 car detached garage with 4 other outbuildings including an old schoolhouse, Quonset converted to a workshop, open faced shed and grainery

Tract 1 – 4+/- ac with home
Nearly hidden in plain sight, is this wonderful farm place. Sitting in the middle of the farmyard you'll discover a cozy farmhouse, with a modern feel, consisting of 4 bedrooms and 2.5 baths. At the end of the driveway is a two-car detached garage. The Quonset was converted into a workshop that is set up with outlets and air lines running throughout the building. An open-faced shed also sits on the yard, making a great place for either equipment storage or livestock. Find additional storage inside the old grainery. Finally, an old schoolhouse sits nearby. A garage door has been added to this building, allowing for many uses. This homestead has all the feel of country living, with the amenities of town a short drive away. Located at the intersection of Highway 46 and Interstate 29, you can be on your way to Sioux Falls or Sioux City in no time. This would be a great site for someone to call home!

Tract 2 – 128+/- ac
This productive farm is primarily made up of primarily Egan-Shindler complex, Wentworth silty clay loam and Wentworth-Worthing silty clay loam soils. The Surety AgriData productivity index averages 73.8. Located at the intersection of Highway 46 and Interstate 29, you can quickly and easily get your crop hauled out to one of the local grain buyers. Excellent opportunity for commercial development with quick access from town.

Questions?

This individual seller chose to auction their property for a time-definite sale. If you have questions about this property, please email Customer Service or call 918.362.6742

On The Lawn
132+/- Acres In Union County
Beresford, SD 57004
SELLS WITHOUT RESERVE
Property Type:Single-Family
Description:4BR | 2.5BA | 1,626+/- sf | 132+/- ac
Bidding Closed
Auctioned

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records.

SD Broker: Philip Heiliger Re Lic 17570 Ranch & Farm Auctions LLC 15136, Jason Schendt, Broker Re Lic 16828 Whitetail Properties Real Estate LLC, LIC13439, Broker Jeff Evans Re Lic 16846 Williams & Williams Mrktg Srvcs, Inc. Re Lic 12782

Auction Date/Time:
Thursday, December 5, 2019
at 11:00am CST
Auction Location:
The Bridges at Beresford Golf Course 601 S 7th Street
Beresford, SD 57004
Open Public Inspections:
1-4pm Saturday November 16
Nominal Opening Bid:
SELLS WITHOUT RESERVE

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.

Property Type:
Single-Family
Bedrooms:
4
Bathrooms:
2.5
Square Footage:
1,626+/- sf
Lot Size:
132+/- ac
Year Built:
N/A
Property ID:
356204
Union County, Beresford, SD 57004

Coming to auction, this 132+/- ac farm and home located just across the interstate west of Beresford, SD. Divided into two tracts, the 128+/- ac productive farmland consists of good soil rating a 73.8 on the productivity index. Easy access on two sides help get your crops to market with ease. The second tract in the northeast corner features a 1,626+/- sf, 4 bedroom/2.5 bath cozy farmhouse sitting on 4+/- ac. The homesite includes a two-car garage, an old schoolhouse and several storage options. Conveniently located, the farm is minutes away from downtown Beresford or jump on the interstate and be on your way to Sioux Falls or Sioux City in no time.

• Less than 1 Mile from Beresford, 35 Miles to Sioux Falls, & 52 Miles to Sioux City
• Potential for Commercial development
• Driveway access off of Highway 46
• Access off of 470th Ave to fields
• Rural Water
• Wire fencing on the perimeter
• Some drain tile present
• Home was built in 1897 but has been updated
• 2 car detached garage with 4 other outbuildings including an old schoolhouse, Quonset converted to a workshop, open faced shed and grainery

Tract 1 – 4+/- ac with home
Nearly hidden in plain sight, is this wonderful farm place. Sitting in the middle of the farmyard you'll discover a cozy farmhouse, with a modern feel, consisting of 4 bedrooms and 2.5 baths. At the end of the driveway is a two-car detached garage. The Quonset was converted into a workshop that is set up with outlets and air lines running throughout the building. An open-faced shed also sits on the yard, making a great place for either equipment storage or livestock. Find additional storage inside the old grainery. Finally, an old schoolhouse sits nearby. A garage door has been added to this building, allowing for many uses. This homestead has all the feel of country living, with the amenities of town a short drive away. Located at the intersection of Highway 46 and Interstate 29, you can be on your way to Sioux Falls or Sioux City in no time. This would be a great site for someone to call home!

Tract 2 – 128+/- ac
This productive farm is primarily made up of primarily Egan-Shindler complex, Wentworth silty clay loam and Wentworth-Worthing silty clay loam soils. The Surety AgriData productivity index averages 73.8. Located at the intersection of Highway 46 and Interstate 29, you can quickly and easily get your crop hauled out to one of the local grain buyers. Excellent opportunity for commercial development with quick access from town.

Questions?

This individual seller chose to auction their property for a time-definite sale. If you have questions about this property, please email Customer Service or call 918.362.6742

Terms of Sale:

Thank you for participating in this Williams & Williams Auction. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing to Williams & Williams ("Broker" and/or "Auctioneer") and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes, and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

All the information contained on this property was obtained from official county maps or other sources deemed reliable, but is not guaranteed and may be in error. Seller DOES NOT WARRANT the accuracy thereof. Seller has made no independent investigation of any information provided, and assumes no responsibility for the providing of or absence of any information, whatsoever, or for the accuracy thereof.

Tracts sold by the acre- The contract will indicate the current acreage, bid per acre, and the high bid will be current acreage times the bid per acre. If a survey is required prior to closing that results in a change to acreage, the contract will be adjusted accordingly before closing.

A Buyer's Premium of 5% ($2,500 minimum) will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Each high bidder must make a 10% non-refundable deposit per property ($5,000 MINIMUM - whichever is greater) at the conclusion of the auction. Electronic wire funds and cashier's checks are the only forms of payment accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. Once the Seller approves the Sale, the deposit will be credited to the Contract. The balance of the purchase price all closing costs, and the Technology Fee are due at closing. Closing costs generally range from $750-$3000 and include title exam, title policy, closing fee, filing costs and any other fees noted unless otherwise noted in the Contract.  See contract for specific language on how the deposit will be handled.

Within 24 hours immediately following the close of the auction, Auctioneer or Title Company shall contact Buyer by electronic mail, telephone or facsimile to provide documents for execution. All purchase documents will be provided to the Buyer and Buyer will be required to sign and return all purchase documents to Auctioneer via overnight delivery. Buyer shall have two (2) days following the auction to return all completed documents or shall be subject to paying a liquidated damages amount equal to the down payment. If you wish to have the purchase documents reviewed by an attorney, please contact Auctioneer PRIOR to the Auction and we will provide them to you for review so as to not delay the post auction process. You may also obtain a copy of our current contract on our website at www.williamsauction.com. The contract is not subject to negotiation.

The Parties acknowledge Buyer will tender the Down Payment in the form of a certified check, cashier’s check, money order, or personal/business check, and said instrument will be made payable to the Escrow Agent, or a wire shall be sent directly to the Escrow Agent, if permitted by the Contract. In those instances where the Down Payment instrument was transmitted to the Auctioneer, Auctioneer shall transmit the Down Payment instrument to the Escrow Agent upon Seller’s acceptance of Buyer’s offer. The Down Payment shall be held by Escrow Agent and disbursed to the Closer identified in the Contract for Sale prior to the Closing Date and following clearance of funds by the issuing financial institution.  Interest, if any, earned on the Down Payment shall be deemed part of the Down Payment and shall be applied together with the principal portion of the Down Payment to the Purchase Price.  The Parties agree that upon a fully executed Contract, the Down Payment is non-refundable, and, at Seller’s request, shall immediately be released to Seller in accordance with the Contract for Sale.

BUYER UNDERSTANDS AND AGREES IF SELLER HAS PERFORMED SELLER'S OBLIGATIONS UNDER THE CONTRACT FOR SALE, AND IF AT CLOSING THE BUYER FAILS TO PAY THE BALANCE OF THE PURCHASE PRICE OR TO PERFORM ANY OTHER OBLIGATIONS UNDER THE CONTRACT FOR SALE, THE DOWN PAYMENT WILL BE DISBURSED PURSUANT TO OF THE CONTRACT FOR SALE.  BUYER HEREBY DIRECTS ESCROW AGENT AND CLOSER TO DISBURSE THE DOWN PAYMENT FUNDS PURSUANT TO THE TERMS OF THE CONTRACT FOR SALE HEREIN.

If Buyer is a winning bidder and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Auctioneer. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All properties offered for sale at auction under the "ABSOLUTE" or "WITHOUT RESERVE" designations are being offered for sale without reserve (i.e.) for the high bid price in each instance and are not subject to subsequent approval by any third party. All other auctions are subject to court or seller approval unless otherwise provided in the Contract and Auction Day Notes. Possession is not granted until filing of the deed at which time the property should be re-keyed. [Any mobile/manufactured housing on property will only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted].

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it. 

Auction Network
TERMS & CONDITIONS OF SERVICE

The property offered in this auction will be offered and sold by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: https://www.auctionnetwork.com/Site/TermsOfUse.asp, as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Auction Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

You are registering to bid on the following properties, and as stated above, your bid, and the sale of the property, will be governed by the property specific Williams & Williams Contract for Sale, Disclosures, Auction Day Notes, and Terms & Conditions of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID unless and until you review these documents. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

 

Disclosures:
• ALL PROPERTIES ARE SOLD "AS IS, WHERE IS" WITH NO FINANCING, INSPECTION OR OTHER CONTINGENCIES TO SALE.

• ESCROW. BUYER ACKNOWLEDGES RECEIPT OF THE JOINT ESCROW INSTRUCTIONS THAT MODIFIES THE CONTRACT FOR SALE TO PROVIDE FOR A DESIGNATED ESCROW AGENT TO HOLD DOWN PAYMENT FUNDS.

• SURVEY FEE DISCLOSURE. BUYER WILL PAY SURVEY FEE OF $425.00 PER TRACT PURCHASED.

• BUYER SHALL ORDER ANY REQUIRED SURVEY WITHIN FIVE BUSINESS DAYS OF SELLER ACCEPTANCE/EXECUTION.

• AN UNRECORDED LEASE FOR A BILLBOARD SIGN IS CURRENTLY IN FORCE ON THE PROPERTY WITH AN ANNUAL FEE PAYMENT TO THE LANDOWNER OF $200 PAID THROUGH MARCH 2020 WHICH WILL NOT BE PRORATED AT CLOSING THE TERMS OF THE LEASE ALLOW FOR BUYER TO CONTINUE THE LEASE OR REQUEST THE LESSEE TO REMOVE THE BILLBOARD SIGN UPON 30 DAYS ADVANCE WRITTEN NOTICE TO LESSEE. THE LEASE ALSO CONTAINS A CLAUSE THAT RESTRICTS ERECTION OF ANY OTHER SIGN THAT MAY IN ANY MANNER OBSTRUCT THE VIEW AND OPERATION OF LESSEE'S SIGN. BUYER SHALL BE RESPONSIBLE FOR CONTACTING THE LESSEE REGARDING CONTINUATION OR TERMINATION OF THE BILLBOARD SIGN LEASE AFTER CLOSING. THE SPOT WHERE THE BILLBOARD LIES IS SUBJECT TO FINAL SURVEY TO DETERMINE IF THE BILLBOARD LIES ON THE TRACT DESCRIBED HEREIN.

• BUYER ACKNOWLEDGES RECEIPT OF SELLER'S PROPERTY CONDITION DISCLOSURE DATED 9/4/2019.

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