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LAKE LOT AUCTION

SOLD FOR $53,000

Lake Hendricks Lake Lots

REAL ESTATE AUCTION

2 Attractive Lots on the South Dakota Side on the West Side of Lake Hendricks
– 1 Lot Lying Adjacent to the Lake and the other being a Large Off the Lake Lot
with Vantage Points with Lake Views

Due to health issues, David Vik has decided to offer two attractive Lake Hendricks SD lake lots at public auction with the lots located from Brookings, SD (Exit #133 on I-29) – approx. 7 miles north on I-29 to the White-Bruce, SD Exit #140, then approx. 13 miles east on Hwy. #30, then 4 miles north on 485th Ave., 1 mile east on 199th St., 1 mile south on 486th Ave. and approx. 2/10ths mile east on 200th St. to the Lake Lot and just a few hundred yards further east to the off the lake lot on the north side of 200th St.; or from Hendricks, MN – 1 mile west, ½ mile north on Hwy. 17, 1 ½ miles west on 198th St, 2 miles south on 486th Ave. and approx. 1/8th mile east on 200th St.

FRIDAY JULY 15, 2016               SALE TIME: 6:00 PM

This auction provides the opportunity to purchase either one or two Lake Hendricks Lake Lots. Each of these lots, though different, have some extremely desirable attributes. These lots will be offered individually. The owner has had some rather recent health issues and is motivated to sell! So make your inspections and arrangements for financing and come prepared to bid!

PARCEL #1: +/- 1.1 Acre Triangular shaped Lake Lot with Lake Frontage and a Terrific View Overlooking Lake Hendricks – ABBREVIATED LEGAL DESC.: Lot 20 of AL-MAR Lake Hendricks Add’n., in Sec. 21 & 28, T. 112N., R. 47W., Brookings Co., SD.

Parcel #1 consists of a beautiful, unique and very desirable Triangular Lake Lot with approx. 70 feet of frontage on Lake Hendricks which is approx. 270’ wide on the south side of the lot adjacent to 200th St., approx. 375’ depth along the west lot line, 70’ east-west along the Lake frontage and 232’ N&S along the east lot line containing a total of approx. 1.1 acres. Within this lot is a high hill that provides a terrific view overlooking Lake Hendricks. The terrain of this lot potentially is adaptable to a walk-out style home. The total of the 2015 RE taxes payable in 2016 are $598.90.

PARCEL #2 – +/- 1.3 Acre Spacious Rectangular Shaped Off the Lake Lot situated on the north side of 200th St. with Vantage Points with Lake Views & existing utilities. LEGAL DESC.: Lot C of AL-MAR Lake Hendricks Add’n., in Sec. 21 & Sec. 28, T. 112N, R. 47W., Brookings Co., SD.

Parcel #2 consists of a spacious +/-1.3 acre rectangular shaped lot. This lot is approx. 170’ wide on the south side of the lot adjacent to 200th St., a +/-300’ North-South depth along the east and west property lines and a 200’ width East West on the back side of the lot. This lot has an existing concrete block double garage & utilities inclusive of electricity and rural water on the property. Additionally this lot has some existing evergreens and other trees and from areas of the property there are some vantage points from which there are views of Lake Hendricks. Lots of this size within a close proximity of Lake Hendricks are difficult to find, so make plans to inspect this lot prior to the auction. The total of the 2015 RE taxes payable in 2016 are $880.06.
TERMS: Cash – A 15% non-refundable earnest money payment on each lot on sale day & balance on or before Sept. 1, 2016. Marketable Title will be conveyed and owner’s title insurance provided with the cost of the owner’s policy and closing agent’s fees divided 50-50 between the buyer and seller. All of the 2015 RE taxes payable in 2016 will be paid by the seller and based on that amount the 2016 RE taxes will be prorated to date of closing. This property is sold in “AS IS” Condition. The information contained herein is deemed to be correct, but is not guaranteed. The RE licensees in this transaction are acting as agents for the seller. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all county zoning ordinances. Sold subject to confirmation of the owner.
Inspect the property at your leisure prior to the auction. For additional information contact the owner or the auctioneers.

DAVID VIK, Owner
Ph. 507-476-3818

CHUCK SUTTON – Auctioneer & Land Broker
– Sioux Falls, SD – ph. 605-336-6315 or Flandreau, SD – ph. 605-997-3777 &
Burlage-Peterson Auctioneers & Realtors – Brookings, SD – ph. 605-692-7102

LAKE HENDRICKS, SD/MN

DAVID VIK – OWNER

Later Event: July 19
BAR & RESTARAUNT AUCTION