Advantage Land Company

753+/-Acres of Cropland in Hand County, SD

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Auction Date: August 2, 2018
Auction Location: On Site!
Property Location: Hand County, SD
Property Size: 753+/- Acres
Owner(s):
Listing Broker: Advantage Land Company

 


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Property Details

Thursday, August 2nd, 2018

Auction Location: American Legion in Miller, SD

South Broadway Ave (Highway 45) , Miller, SD 57362

Land Location from Miller:  6 miles North on Hwy 45,  7 1/2 miles East on 191st St, Tract 2 will be on the North side of the road.

From Wessington:  13 miles North on  Hwy 12/ 374th  Ave, 5 miles west on 191 St,  1/2 mile North on 369 Ave, Tract 5  will be on the West side of the road.

 

Snap Shot: 5 Contiguous Quarters, Good Access, Majority Class II Clay Dirt Ranked at 88%, Turnkey Farm with Recreational Attributes in East Central South Dakota.  

 

Legal Description:   E 1/2 of  Section 1-T113N-R67W and N 1/2 and SW1/4 of  Section 6-T113N-R66W Hand County, SD.

 

Total Taxes:  $7,089.64

 

 

Owner:  Willowdean Stephens Trust

 

 

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Broker's Comments

Property Breakout

T R A C T   1

A C R E S :  164.58+/- acres                                           T A X E S :  $1,786.88                          

L E G A L :  NE 1/4 Sec 1-T113N-R67W York Twp

B R O K E R S   N O T E :  This quarter is nearly all tillable, offering convenient farming with easy access from 368th Ave and 190th St. The soils are mainly comprised of Class II clay Houdek-Prosper loams and Bon-Northville Complex with an aggressive productivity index of 88 and 91%, with an overall soil quality of 75.5%. There are 156+/- cropland acres and 119.51 base acres having a 35.99 acre wheat base with a 48 bu plc yield, a 27.44 corn base with a 113 bu plc yield, a 3.08 acre sunflower base with a 1127 lb plc yield and a 53 acre soybean base with a 34 bu plc yield. Put this nearly level, quality dirt farm to work for you! There is Waterfowl Management Rights Easement that covers this tract and it is bordered by Tract 2, 3, and 4.

T R A C T   2

A C R E S :  160+/- acres T A X E S :  $1,761.96

L E G A L :  SE 1/4 Sec 1-T113N-R67W York Twp

B R O K E R S   N O T E :  Located South of Tract 1, this quarter of cropland boasts of 154.36+/- cropland acres and Little Turtle Creek running through it. The beauty of this land is seen all around with it being convenient for the modern day farmer, good location, a gently rolling topography, and easy access. The overall weighted soil average is 59.2 with over 78 acres of Class II soils. This farm offers 118.02 base acres having a 35.56 acre wheat base with a 48 bu plc yield, a 27.12 acre corn base with a 113 bu plc yield, a 3.04 acre sunflower base with a 1127 lb plc yield, and a 52.3 acre soybean base with a 34 bu plc yield. There is also a potential opportunity for tile with Little Turtle Creek as an outlet, once a Certified Wetland Determination is obtained, along with a USFWL wetlands map, as there is Waterfowl Management Rights Easement that covers this tract.

T R A C T   3

A C R E S :  133.34+/- acres  T A X E S :  $1,388.70

L E G A L :  NW 1/4 Sec 6-T113N-R66W Gilbert Twp

B R O K E R S   N O T E : This tract offers over 115 acres of Class II Houdek-Prosper loams with an aggressive productivity index of 84% and 88%, with a weighted average of 81.6%. Surrounded by every tract, this land has convenient access and nearly level ground convenient for the modern day farmer. There are 121 +/- cropland acres and 92.74 base acres having a 28 acre wheat base with a 48 bu plc yield, a 21.3 acre corn base with a 113 bu plc yield, a 2.3 acre sunflower base with a 1127 lb plc yield and a 41.4 acre soybean base with a 34 bu plc yield. Add this hard hitting dirt to your portfolio and expect consistent returns. There is Waterfowl Management Rights Easement that covers this tract.

T R A C T   4

A C R E S :  133.87+/- acres T A X E S :  $896.56

L E G A L :  SW 1/4 Sec 6-T113N-R66W Gilbert Twp

B R O K E R S    N O T E :  With 120 cropland acres laying back to back with Tracts 2 and 3, add this nearly level piece of farmland with easy access a to your operation. There are 91.42 base acres having a 27.5 acre wheat base with a 48 bu plc yield, a 21 acre corn base with a 113 bu yield, a 2.36 acre sunflower base with a 1127 lb plc yield, and a 40.56 acre soybean base with a 34 bu plc yield. With the outlets Little Turtle Creek and another drainage ditch located on this farm, one could potentially implement tile after Certified Wetland Determination was completed to help with the water flow, making this one of the better quality farms for eastern Hand County. This tract also has the potential to be developed into your own income producing hunting paradise! There is a Waterfowl Management Rights Easement that covers this tract.

T R A C T   5

A C R E S :  161.04+/- acres T A X E S :  $1,255.54

L E G A L :  NE 1/4 Sec 6-T113N-R66W Gilbert Twp

B R O K E R S   N O T E :  Located east of Tract 3, this tract boasts a primary tillable soil rating of 88% ,Class II clay soil and over 103 acres with a soil rating of 79.8%. There are 100.54+/- cropland acres and 77.26 base acres having a 23.2 acre wheat base with a 48 bu yield, a 17.7 acre corn base with a 113 bu plc yield, a 2.16 acre sunflower base with a 1127 lb plc yield and a 34.2 acre soybean base with a 34 bu plc yield. This tract has a large cattail slough making it a prime location for a variety of recreational opportunities including prime waterfowl, upland birds, and white tail deer hunting. With quality dirt and endless outdoor activities, enjoy the recreation and return this land brings. There is Waterfowl Management Rights Easement that covers this tract and offers easy access from 369th Ave to the East.

 

Closing Terms

Closing and landlord possession will be on or before September 20, 2018 as this land is sold subject to 2018 leases expiring December 31, 2018. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% of the sale price due at the conclusion of the auction. If buyer is not immediately available at the conclusion of the auction, the purchase agreement and 10% non-refundable earnest money deposit must be complete within 24 hours from the close of the auction. The balance will be due at closing. Merchantable title will be conveyed and title insurance cost will be divided 50-50 between the buyer and seller. Closing costs are to be split 50-50 buyer and seller. The 2017 real estate taxes due in 2018 will be paid by the seller. All of the 2018 RE taxes due and payable in 2019 will be paid 50/50 between buyer & seller, based on 2017 taxes, as a credit at close. The seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. A survey will not be provided and will be the purchasers responsibility if needed or requested. FSA yields, bases, payments and other information is estimated and not guaranteed and are subject to County Committee Approval. Information contained herein is deemed to be correct but is not guaranteed. Sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all Hand County Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Announcements made day of sale take precedence over any written materials. Said property is sold as is. This is a cash sale. This sale is subject to a 5% buyer’s premium. This sale is subject to seller confirmation. Not responsible for accidents.



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