FAULK COUNTY LAND FOR SALE

The following real estate in Elroy Township, Faulk County, South Dakota, will be offered for sale in the designated tracts:

 TRACT 1:    SW ¼ 9-119-72, West of the 5^th P.M., consisting of 160 acres more or less; 

TRACT 2:    All 8-119-72, West of the 5^th P.M., consisting of 640 acres more or less;

TRACT 3:    N ½ NW ¼ 17-119-72, West of the 5^th P.M., consisting of 80 acres more or less;

 TRACT 4:    N ½ NW ¼ 16-119-72, West of the 5^th P.M., consisting of 80 acres more or less;

  TRACT 5:       SE ¼ 16-119-72, West of the 5^th P.M., consisting of 158.979 acres more or less;

Terms of Sale - prospective buyers must submit sealed bids on or before October 30, 2008, at 1:30 p.m. CDT.  All bids will be opened on October 30, 2008, at 1:45 p.m. CDT, at The Steak Out, with the top four bidders of each tract being allowed to raise their bids at that time.  Highest bidder must be prepared to give 10% of the purchase price as down payment at that time, remaining amount shall be due at time of closing which shall be on or before December 1, 2008.  Bidders must be present at time of bid opening or make other arrangements prior to that time.  Seller reserves the right to reject any and all bids.  Announcements made date of sale take precedents over advertising. Send sealed bid to: Faulk County Realty, c/o Sealed Bid, PO Box 36, Faulkton, SD 57438. Contact listing office for additional information and sale brochure. Vaughn P. Beck, Attorney/Broker, Julie Beck, Broker Assoc., and Faulk County Realty are representing the Seller’s interest in this sale.

The following property located in Spring Creek Township, McPherson County, South Dakota is offered for sale. 

Listing Price:        $136,000.00 

Location of Property:    From Eureka, South Dakota, 9.5 miles North on US HWY 45, then 1 mile West, then .5 mile North on section line 

LEGAL:      Northwest Quarter (NW¼) of Section Eleven (11), Township One Hundred Twenty-eight (128) North, Range Seventy-three (73) West of the 5^th P.M., McPherson County, South Dakota, subject to all rights-of-ways, reservations & restrictions of record; 

DESCRIPTION:   Property consists of 160 acres of real estate of which approximately 75 acres is rangeland; 61 acres CRP to expire 2012; 18 acres CRP to expire 2010; 2.5 acres CRP (trees) to expire 2015. 

                             Natural spring on the south edge of property and a nice draw meandering through the middle of the property.

                             Newer well on property with pasture pump and electricity.

 2007 Real Estate Taxes:          $640.74 

ANNUAL INCOME:               Rent - $1600.00
                  CRP - $2473.00

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This information is deemed accurate but not guaranteed.