Lots in Hughes & Beadle County, South Dakota
Selling in 7 Tracts On Our
UNRESERVED ONLINE AUCTION
October 3, 2024
Bidding opens September 19, 2024, and ends October 3, 2024, at 11:00 a.m. CDT
Tract 4:
Description: 36 lots located north of 4th Street in northeast Pierre. These lots are all 25’ x 125’ and are contiguous. There are proposed streets on the east and west boundaries.
The bidding increments will be $500/Per Tract. The final sale price will be calculated based on the highest bid. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Red Rossa Italian Grill
Plains Room
808 W Sioux Ave.
Pierre, SD 57501
BigIron Realty Agents will be at the Red Rossa Italian Grill in Pierre, SD, on October 3, 2024, from 9:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the tracts. BigIron Realty Representatives will be there to assist buyers with registering to bid online. You do not have to be present to bid online, but you are required to be available by phone.
BIDDING PROCESS: You may place bids on these tracts for 14 days beginning September 19, 2024, and ending October 3, 2024, at 11:00 a.m. This unreserved online auction features bidding extensions. The closing times will be automatically extended when any one of the coupled tracts receives a bid in the last 5 minutes and will close simultaneously when none of the tracts receive a bid for 5 minutes. This will allow bidders to monitor each tract without the fear of missing out on any other tract. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.
Legal Description: Lots1 through 12 and Lots 25 through 48, Block 8 of Ervin’s Fairview Addition in the City of Pierre, Hughes County, South Dakota.
2023 Taxes: $25.86
Land Location: North of East 4th Street just west of the Edgewood Assisted Living Facility.
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to the Title Company. The earnest deposit can be made by a personal check, company check, or by wire transfer. The balance will be due at closing on or before November 4, 2024. The seller will provide marketable title to the buyer evidenced by title insurance; the title insurance and owners’ policy premium will be paid by the seller and lender fees will be paid by the buyer. The 2024 real estate taxes will be prorated to the day of closing. Property will not be sold subject to financing. Bidding increments may be changed at the discretion of the Real Estate Agent. Please have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.
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