County land auction set for Tuesday

2012-12-03T10:14:00Z 2012-12-03T15:34:04Z County land auction set for TuesdayRyan Lengerich Journal staff Rapid City Journal
December 03, 2012 10:14 am  • 

Pennington County on Tuesday will take another shot at unloading 40 acres of land it owns after the first auction ended amid confusion and without a sale.

A Hermosa man purchased the 40 acres of county land west of Deerfield Lake at a Nov. 1 auction for what he thought was $2,550 total, when in fact he had bid that much per acre for a total of $102,000.

County and auction officials declared a "no sale" soon after the man realized he had made a mistake.

McPherson Auction and Realty rescheduled the auction and county officials approved an additional $1,000 for advertising.

The 40-acre tract is west of Deerfield Lake and is about 6,850 feet in elevation. Pennington County owned the land for nearly a century, but didn't realize it until recently and opted for an auction to get the land off its books.

Officials have said they don't know whether the land will sell for more or less than it would have the first time, since that bid was made without the bidder realizing the auction rules.

McPherson Auction has posted a message on its website in all capital letters indicating the property is "SELLING BY THE ACRE X 40 ACRES." Legal advertisements posted in the Rapid City Journal mentions specifically a "sale by the acre."

Tuesday's auction will be held at 3 p.m. at the Commissioners Meeting Room of the Pennington County Courthouse. More information can be found at www.mcphersonauction.com/index.php?cmd=prevauction&id=211

Contact Ryan Lengerich at 394-8418 or ryan.lengerich@rapidcityjournal.com.

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