502 Main Street, Timber Lake, SD

502 Main Street, Timber Lake, SD

Residential Auction - Written Bids
Bids Due - Wednesday, December 4, 2024, 5:00 pm MT

OPEN HOUSE
Thursday, November 21st
11 am - 1 pm
5 pm - 7 pm

Don’t miss this rare opportunity to own a well-maintained ranch home in a great location!  This ranch-style home is perfectly situated on a spacious corner lot across from the school. With its large backyard adorned with mature trees and a lilac bush border, this property offers both privacy and space for outdoor enjoyment. Step inside the main level that includes two bedrooms and two bathrooms, with an open layout to the living, kitchen and dining areas — ideal for entertaining or family gatherings.  The full basement, while mostly unfinished, features a bathroom and a non-egress bedroom, providing additional space and potential for customization. Recent improvements include new shingles and gutters in 2024 and new siding in 2023, ensuring peace of mind for years to come.

Bid Procedure:   Written bids will be accepted by Gill Land Company, Broker for the landowner until December 4th, 2024.  Bids may be received by email at [email protected], Fax 605-699-8356, or mail to PO Box 23, Mobridge, SD 57601.  The bids should include bid amount, bidder name, address and phone number.  The top bidders will have the opportunity to orally raise their bid by phone on December 6th, 2024.  The successful bidder(s) will be required to sign a purchase agreement and provide a 10% earnest money check with the balance due in full in 30 days. Seller will convey title by warranty deed at closing. Cost of Owners Title Insurance policy to be split 50/50 between buyer and seller. Seller reserves the right to accept or reject any and all bids and modify oral bidding requirements.

Sellers:  Mavis Dahlgren Estate

This sale is managed by Gill Land Company, Kristen Gill, SD #16339. All statements made the day of the auction take precedence over all printed materials.

Legal Description:
Lots 7 & 8, Block 39, Timber Lake, SD
Square Feet:
1920
Year Built:
1954
Bedrooms:
2
Bathrooms:
2.5
Garage:
Attached, two stall
Basement:
Unfinished
Heating:
Fuel oil
Cooling:
Central air
Water:
City
Sewer:
City
Electrical:
Moreau Grand
Interior Features:
Hardwood floors in the living area; Personal property included: kitchen stove, fridge, microwave, laundry washer & dryer, window coverings, backyard shed.
Exterior Features:
Corner lot with large backyard and mature trees across from the school. Underground sprinklers. Improvements: new shingles and gutters (2024); new siding (2023).
Property Taxes:
$1422.04
Property Tax Year:
2023
Lot Dimensions:
100' x 140'

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Gill Land Company, LLC.

We serve the agricultural real estate needs of both buyers and sellers of farmland, pastureland and hunting land. 

Our knowledgeable, professional and personal approach will make the process a smooth and positive experience for you, from beginning to end.

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