3-Property Residential Real Estate Auction
311 E Clemmer, 325 E Clemmer, 120 N Merrill - Chamberlain, SD
LIVE, Onsite Auction
Auctioneer’s Note: We are pleased to bring these three properties to public auction! Mary has owned and operated these properties as part of her home rental business for many years. She and her husband have retired, moved away and do not plan to be absentee landlords. Each property is unique and ready for the new owners to put their touches to each one. If you’re looking for a place to call home for yourself or want to add real estate to your investment portfolio, we encourage you to check these properties out! Come prepared to buy! Remember…Only at Auction!
Auction Location: The auction will begin at 311 E Clemmer & 325 E Clemmer at 1 pm with 120 N Merrill immediately following the conclusion of Clemmer Street properties.
Parcel 1: 325 E Clemmer, Chamberlain, SD.
Legal: Lot 20-Except the North 80’-Block 21, 1stAddition, Chamberlain
Two bedroom, one bath home featuring 832 finished square feet on the main level with a full, unfinished, ground level basement that offers additional living and bedroom options. The house is currently vacant and was previously rented for $600/month with tenants paying all utilities. 2019 Assessed Value: $69,865. 2019 Real Estate Taxes: $1378.22. Zoning: Moderate Density Residential.
Parcel 2: 311 E Clemmer, Chamberlain, SD.
Legal: Lot 19-Except the North 80’-Block 21, 1stAddition, Chamberlain.
Two bedroom, one bath home features 780 square feet of living space on the main floor with a 120 sq ft unfinished basement that includes laundry hookups, water heater and storage space. The house is currently vacant and was previously rented for $600/month with tenants paying all utilities. 2019 Assessed Value: $53,590. 2019 Real Estate Taxes: $1057.16. Zoning: Moderate Density Residential.
Parcel 3: The combination of Parcels 1 and 2. The property will be sold in the manner that generates the most revenue for the seller. This combination allows the new buyer the chance at two properties located next door to each other. Live in one and rent the other, rent them both…buyer’s choice.
Parcel 4: 120 N Merrill, Chamberlain, SD. THIS PROPERTY SOLD FOR $64,000 10/15/2020!
Legal: North 59.45’ of Lot 12 Block 23 1stAddition, Chamberlain.
Attractive two bedroom, one and one-half bath home with updated kitchen, nice bathroom and spacious living room! The property features 986 square feet of living space on the main floor and full basement includes a non-conforming bedroom, laundry/utility area and tuck under garage! Located on a corner lot just two blocks east of Chamberlain’s Main Street, this home will not disappoint once you’ve taken a tour! 2019 Assessed Value: $85,017. 2019 Real Estate Taxes: $1677.10. Zoning: Moderate Density Residential.
Owner: Mary Helland
Terms: A 10% non-refundable earnest money deposit along with a signed purchase agreement will be required the day of the auction. The balance of the purchase price will be due in full, certified funds at closing on or before November 20, 2020 at Brule County Abstract, Chamberlain, SD. The Seller will pay 2019 R.E. taxes due and payable in 2020. 2020 R.E. taxes due and payable in 2021 will be pro-rated to closing date based upon the most current information. Buyer is responsible for subsequent R.E. taxes. Title Insurance and closing service fee will be divided equally between Buyer and Seller. Information on this property was obtained from the Brule County governmental offices. This information is deemed reliable but is not guaranteed by the Seller or Peterson Land & Auction LLC who is representing the Seller only in this transaction. Property will be sold subject to seller confirmation. Property sells for cash. No buyer contingencies of any kind are offered nor will any be accepted. Please have financial arrangements secured prior to bidding. The property will be sold in “As-is” condition-No warranty is made as to property boundaries, soil condition, structural integrity or environmental hazards. Please inspect the property to the extent deemed necessary and rely on your own judgment when bidding. Do your own research both onsite and offsite. Announcements made day of auction take precedence over printed material or prior representations.