• Prime Pasture • Newer Country Home • Tillable Land • Numerous Ponds • Great Road Access
Land Auction - 2,485 Acres in 23 Tracts, Prime Pasture, Newer Country Home
Just Southeast of Rapid City, South Dakota - Pennington County
Owner: Gordon and Connie Howie Tue, May 17, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Open House/ Inspection Dates:
Tuesday, April 12, 10am to 11am
Tuesday, April 26, 10am to 11am We invite you to meet a Murray Wise Associates LLC representative to get your questions answered at the Comfort Suites located on
1333 North Elk Vale Road, Rapid City, SD 57703. Please contact Murray Wise Associates LLC
to schedule additional showings.
PROPERTY LOCATION
From interstate 90 take exit 61 to North Elk Vale Road and travel 3 miles south to Hwy 44 exit. Travel east on Hwy 44 approximately 6.5 miles to Bradsky Road and turn right. Travel 0.7 miles, property will be on right.
Watch for Auction Signs!
AUCTION LOCATION
Comfort Suites
1333 North Elk Vale Road
Rapid City, SD 57703
Directions to the Auction and Information Site:
From east or west on Interstate 90 take exit 61 at to North Elk Vale Road.
Turn south on North Elk Vale Road, travel 0.1 miles and the
Comfort Suites Hotel will be on the right.
PROPERTY DESCRIPTION
Approximately 10 miles southeast of Rapid City on Highway 44 is a great investment opportunity for your very own ranch located minutes from the conveniences of the city. With 2,485+/- contiguous acres being offered in 23 tracts there are endless ways to combine tracts for that perfect sized property to call home, graze cattle or develop. A custom built home sits atop a hill with spectacular views in every direction. An old farmstead located on the east side of the property with the potential for restoration adds to the charm of owning a piece of South Dakota ranching history.
The property includes a quality constructed 2,604sq.ft. country ranch home with a 1,902sq.ft. walkout basement of which 951sq.ft. is nicely finished. The home features 5 bedrooms and 3 baths with a large master suite. Tall cathedral ceilings in the living room with lots of windows give a spectacular view of the ranch. There is a spacious formal dining room off of the well lit eat-in kitchen. The south facing front porch is a place to relax and enjoy the view of the ranch and Black Hills. There is also an oversized detached two car garage and a 576sq.ft. metal sided pole barn.
his ranch has it all: gently rolling hills, tillable acreage, good fencing, numerous ponds with year-round water and excellent grass. Being so close to town, the development potential cant be overlooked either. Whether you are an investor, developer, home builder, rancher or just looking for a new place to settle down, this auction is for you.
TRACT DESCRIPTIONS
Tract 1: 160.5± ac
Tract 2: 39.3± ac
Tract 3: 38.5± ac
Tract 4: 37± ac
Tract 5: 39.8± ac
Tract 6: 161.9± ac
Tract 7: 125.4± ac
Tract 8: 226.5± ac
Tract 9: 212.4± ac
Tract 10: 38.6± ac
Tract 11: 44.1± ac
Tract 12: 42.8± ac
Tract 13: 35.5± ac
Tract 14: 37.4± ac
Tract 15: 44.2± ac
Tract 16: 41± ac
Tract 17: 39.4± ac
Tract 18: 234.6± ac
Tract 19: 329.7± ac
Tract 20: 306.6± ac
Tract 21: 42.2± ac
Tract 22: 42.9± ac
Tract 23: 162.5± ac
AREA MAP
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 23 individual tracts, any combination of tracts, or as a whole property. The property will be sold in the manner resulting in the highest total sale price.
DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashiers check. The balance of the contract purchase price is due in cash at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: All successful bidders will sign a purchase agreement at the auction site immediately following the close of bidding. All final bid prices are subject to the sellers acceptance or rejection. BUYER BROKER PARTICIPATION: A commission will be paid to any properly licensed Buyer Broker who registers a successful buyer according to the Broker Participation Guidelines. Broker Registration Forms are available from the Auction Information Office. CLOSING: Closing shall occur 30 days after auction.
TITLE: Seller shall provide, through Pennington Title Company, an Owners Policy of Title Insurance in the amount of the purchase price, and shall execute a proper deed conveying the real estate to the Buyer(s). Seller shall pay the premium of the title insurance policy.
REAL ESTATE TAXES AND ASSESSMENTS: The 2010 calendar year taxes shall be prorated to the date of closing and shall be paid by the Seller in the form of a credit to the Buyer(s) at closing. Prorations will be based on the most recent attainable tax receipts. Buyer(s) will be responsible for all subsequent taxes.
GROWING WHEAT CROP: The Seller will retain the growing wheat crop subject to the terms and conditions as outlined in the purchase agreement. Please contact Auction Company for details.
EASEMENTS AND LEASES: Sale of said property is subject to any and all easements of record and any and all government leases.
SURVEY: AT THE SELLERS OPTION, the seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in the auction. Any need for a new survey will be determined solely by the Seller. The Seller will pay 100% of the cost if a survey is needed. The type of survey performed shall be at the SellerÃ
None at this time
