To settle the Genevieve L. Watts Estate, we will sell this high quality farm land at public auction located 1 ½ mile west and ½ mile south of Lake Preston, SD

It is our privilege to offer this quality, highly productive, land located just 2 mile southwest of Lake Preston, SD.  The new buyer will receive possession for spring tillage on 3/1/2019 and have the right to farm this tract in 2019.  This powerful tract would be a great addition for any farmer-operator or investor.  It has good eye appeal with a topography that is gently rolling and according to the FSA, there are 156.73 acres tillable.  The tract has strong soils that carry a productivity index of 76.2.  The current assessed value is $441,647 and the 2017 taxes are $3,326.94

LOCATION: From Lake Preston go 1 ½ miles west on US Hwy 14 then ½ mile south on 440^th Ave.

LEGAL:  The NW ¼ in Section 11-110N-55W, Kingsbury County, SD.

TERMS:   Cash Sale with a 10% non-refundable down payment on Sale Day and the balance on or before December 14, 2018.  A trustee’s deed will be provided. Title insurance will be utilized with the cost of Owner’s Policy split 50/50 between buyer and seller.  New Buyer will receive full possession for the 2019 Crop Year.  Seller will credit the new buyer at closing for the 2018 RE Taxes due in 2019.  Sold subject to the trustee’s confirmation and any easement of record – Come prepared to buy! Wieman Land & Auction Co., Inc. is representing the sellers in this transaction.

If a land purchase is in your plans – please check out this great tract.  We invite you to view this parcel of land at your convenience.  Property is currently leased for the 2018 crop year until March 1, 2019.  For an information packet, go to www.wiemanauction.com or call our office at 800-251-3111. Auction will be held on the land.  Come prepared to buy!

GENEVIEVE L. WATTS TRUST - OWNER

John Massey - Trustee

Wieman Land & Auction Co., Inc.
800-251-3111     Marion SD
Rich, Kevin, Mike, Derek, & Ryan Wieman
& Ron Leitheiser – Land Brokers
www.wiemanauction.com

Closing Attorney
Dale L. Strasser
Freeman, SD
605-925-7745