300 W. Havens
Mitchell, SD  57301
Phone: 605-996-7653
Fax: 605-996-7073
E-mail:cranerealty@cranerealty.net

Located:  From Letcher, South Dakota go south of Brooks Oil on 404th Ave. 2 miles, then go 2 miles west on 243rd St. to corner of 402nd Ave. and 243rd St.  Watch for Signs.

An excellent opportunity to buy a choice piece of cropland in Sanborn County.  This land is rented for the 2008 crop year.  Buyer will have option to take rent or close at a later date.  See Terms!

Legal Description:  NE 1/4, Sec. 32, T105N, R61W, Letcher Township, Sanborn County, South Dakota.
Description:  160 +/- Acres farm ground.  Average soil rating is .85
Taxes:  2007 R.E. Taxes due and payable in 2008 are $1623.34

                                                           FSA Information
                                                            Crop        Base    Payment    Direct   CC
                                                                            Acres    Acres        Yield    Yield
                                                           Corn        129.6    118.7         52         52
                                                            Soybeans  6.4       5.4             21         21

For a complete brochure, please call our office at (605) 996-7653!
 

Terms:  A 10% non-refundable earnest money deposit along with a signed Purchase Agreement will be required the day of the auction.  No contingency for financing will be accepted.  Title Insurance and closing service fees will be divided equally between Sellers and Buyers.  Sellers will pay all 2008 R.E. Taxes due and payable in 2009, unless buyer takes possession earlier, then taxes will be paid by Buyer.  Transfer of Title will be by warranty deed.  The balance of the purchase price can either be June 1, 2008 and the new buyer retains the rent for 2008 or the balance of the purchase price will be due in full on December 1, 2008 and the Seller retains all rents for 2008.  Closing will be held at Sanborn County Title & Realty, Main Street, Woonsocket, SD 57359.  Possession will be March 1, 2009.  Information on this property was obtained from the Sanborn County Courthouse and FSA Offices.  This information is deemed reliable but is not guaranteed by the Sellers or Crane Realty, LLC who are representing the Sellers only in this transaction.  No warranty is being made or implied as to property boundaries, soil productivity, water supply, or environmental hazards and is being offered with reserve.  Any announcements made the day of the auction will take precedence over printed materials.
 

                                                                                                                 OWNER: Michael J. McGraw
 
 

                                                            For more information contact our office, Crane Realty LLC at 605-996-7653.

                                                                                                                         Sale conducted by:
 

                                                                                  Justin Dean - Broker Assoc.            605-999-4239                Crane Realty, LLC
                                                                                  Lanning Edwards - Broker Assoc.   605-999-1250                 300 W. Havens
                                                                                  Myron Grosz - Broker Assoc.          605-999-4087                Mitchell, SD  57301
                                                                                  Larry Crane - Broker Assoc.           605-770-7653                 1-605-996-7653