Martin Madsen Estate
Absolute Real Estate Auction
Wednesday October 23rd, 5:30 p.m.
Auction Location: Wakonda Legion Hall, Wakonda, SD
In order to settle the estate of Martin Madsen, we will offer the following home and tracts of real estate in and around the town of Wakonda at No Reserve Auction.
Tract 1: Home on 311 Slant St, Wakonda, SD. Legal: W ½ of Aud Tract 2 of Outlots B, City of Wakonda, SD. Taxes are $1,234.60. This is a 3-Bedroom, 2-Bath home built in 1923. Total Square Feet is 1,652. This home would make a wonderful project for restoration and renovation.
Tract 2: 3.5 Acres south of the home on 311 Slant St. Legal: Aud Tract 10 of Outlot B, Exc N. 60’ of W 69.5’ & Also Exc E 60’x N 105’ in sec cor Outlots, City of Wakonda, Clay County, SD. This is a predominately bare tract of land currently into hay. Taxes: $241.52.
Tract 3: Combination of 2 Irregular Parcels, west of the old grain elevator with a dilapidated building, South of Tract 2: Legal: Lot 5, Blk 4 Railway Addition AND That PT E ½ NW ¼ & W ½ NE ¼ Comm at PT of Intersection of N & S Center Line, Sec 33 with Center of Main Track thenc swerly 400’ T-Hench Nwerly 50’ to POB of Landed conveyed thenc newerly 20’ Thenc. Combined Taxes: $37.17.
Tract 4: .41 Acres behind the old Grain Elevator—Fertilizer Shed. This property has an older 70’x40’ Fertilizer Storage Building on the property. Legal: Lot B of Lot 3, Block 4, Railway Addition, City of Wakonda, SD. Taxes are $226.36.
Tract 5: Combination of 2 Parcels. This is a large lot west of the corner of Ohio St (Main St.) and 1st Street in the City of Wakonda. There is an older 2-car garage on the property. Legal: All of Lot 2, Block 4, Railway Addition, City of Wakonda, SD.
Tract 6: 5.18 Acres on the Southedge of Wakonda. Legal: 1,156’ E of NW Cor of SE ¼, A Tract 8 RDS x 63 RDS & A Tract 16 RDS x 20 RDS in SE ¼ adj to 33-95-53, Star Township, Clay County, SD. This an nearly all tillable tract of farmland that is currently into hay.
Terms: 20% ($500 minimum per tract) Non-refundable down payment due the day of auction with the balance due on closing. Closing on or before, Dec 2nd, 2019. Possession on Closing. Closing Costs & Title insurance split 50/50 between the buyer and seller. Clay County Title Company, Closing Agent. Taxes prorated to the day of closing. Auctioneers are acting as agents for the seller. See www.GirardAuction.com for maps & photos.
Martin Madsen Estate
Renee Osborne, Personal Representative
Ken Girard, CAI, AARE—Auctioneer-Broker; Mike Girard, CAI—Auctioneer/Broker Asso.; Scott Moore--Auctioneer
Girard Auction & Land Brokers, Inc.
Toll Free: 1-866-531-6186
Girard Auction Location
Tract 1-Home--Blue Lines
Tract 2--Blue Lines
Tract 3--Red Lines
Tract 4--Blue Lines
Tract 5--RED Lines
Tract 6--Blue Lines