McPherson County Land Sale

Sale Pending












































Sealed bids will be accepted for 315 taxable acres of real estate described as follows:


East one-half (E1/2) of Section-24, township-126N, Range-67W, McPherson Co., South Dakota, subject to highway rights of way and easements and conveyances existing and of record.


Tract currently consists of approximately 115 acres of cropland, 146 acres of rangeland and 54 acres of hayland.


Sealed bids shall be mailed to Schaffer Real Estate, PO Box 294, Leola, SD or delivered to Schaffer Real Estate at 1127 Burtis Ave. Leola, SD and marked McPherson Land Bid.  Bids must be received no later than 4:00 PM on October 11th, 2016 at which time the bids will be opened.  Bids are to include buyer’s name, complete address, phone number and a check for 5% of the total bid amount payable to Schaffer Real Estate Trust Account.  Highest six bidders may be contacted at the seller’s discretion and allowed to raise their bids on October 14th, 2016.  A 10% nonrefundable down payment will be required from the successful bidder upon the acceptance of the bid with balance due at closing on or before November 15, 2016.  Cost of title insurance and closing agents cost will be shared equally between buyers and seller.  Seller reserves the right to accept or reject any or all bids.  Schaffer Real Estate is representing the seller on the sale.  For more details and a bid packet contact James R. Schaffer at Schaffer Real Estate 605-439-3167, 1-800-894-6910, 605-380-2120 or email at schafre@valleytel.net.