A 7% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.
Closing to take place on or before March 29th, 2023. Possession will be given March 1, 2024. Land sold subject to lease expiring March 1, 2024. Property is Free and Clear on March 1, 2024. Seller to credit buyer at closing in the amount of the following amounts: Tract 1 ($25,000), Tract 2 ($21,500), Tract 3 ($32,500), Tract 4 ($30,000) and Tract 5 ($36,500) for not being able to farm or rent cropland in 2023. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% will be due at the conclusion of the sale. If the buyer is not immediately available at the conclusion of the auction, the purchase agreement and 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 2022 RE Taxes due and payable in 2023 will be paid by the seller. The 2023 RE Taxes due and payable in 2024 and all future RE taxes will be paid by the buyer. 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. FSA yields, bases, payments, and other information are 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 Spink County Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. A survey/plat will not be provided and will be the buyers responsibility if needed or requested. Announcements made day of sale take precedence over any written materials. This is a cash sale. Property is sold as is. This sale is subject to Seller Confirmation. This sale is subject to a 5% buyer premium. Not responsible for accidents. Tracts will be offered individually, any combination, and as a unit. Purchase Agreement will be signed according to how winning bid was placed.
Heading to the auction block February 23rd, 2023, Advantage Land Co. proudly presents 796+/- acres of quality and versatile dirt nestled in Spink County’s well-known cattle, crop, and pheasant country just a few short miles Southeast of Conde, South Dakota. This property provides something for everyone with easy access for modern machinery and it’s well-stewarded cropland and pasture. There are several pastures with high caliber Class II dirt that have the potential to be converted into row crop production. With sloughs and waterways providing a natural corridor for wildlife, the outdoor enthusiasts will be in their haven. The soil majority is Class II with 301.49 acres of well producing dirt ranked at a 91% and 92% Productivity Index. FSA reports a total of 482.06 Cropland Acres with 323.65 total Base Acres. There are 226.32 acres of native sod, pastureland, and free flowing waterways through the property with the potential for additional cropland to be added into the mix. This area comes natural to wildlife of all kinds including upland birds and North America's #1 game species making it ideal for not only harvest but all year around. This cropland is currently rented through the 2023 harvest season and a combined buyers credit for being unable to farm or rent in 2023 totaling $145,500. Take Advantage of adding this prime real estate to your portfolio and make it your own on auction day!
Acres: 156+/- Taxes: $1,371.70 Legal: NW4 SEC 23-T119N-R60W, Spink County, South Dakota. Buyer Credit: $25,000
Conveniently located right off of Highway 20, this tract provides 156+/- acres containing a combination of cropland, pasture, and a slough. This tract has a majority of Class II soils and an FSA reported 83.62 Cropland Acres at a 73.1% Productivity Index with 57.1 Base Acres and is modern machinery ready. The remaining balance of 66.82 acres is comprised of a pasture with a dugout along with a cattail slough for your extreme habitat.
· Combination Crop, Pasture, & Habitat
· Majority Class II Soils
· Cropland Soils at 73.1% PI
· Easy Access off HWY 20
Acres: 160+/- Taxes: $1,576.66 Legal: SE4 SEC 24-T119N-R60W, Spink County, South Dakota. Buyer Credit: $21,500
With a mixture of cropland, hay land, pastures, and 2 waterways with 2 dugouts, Tract 2 brings 160+/- acres of diverse landscape for a buyer into it all. With an FSA reported 69.94 cropland acres and a total of 44.89 base acres, this property recognizes an overall cropland PI of 69.4% along with it’s 2 pastures totaling 70+/- acres and 28.33+/- acres that are currently utilized as hay land.
· Crop, Hay and Pasture Land
· Easy Access
· 69.4% Cropland Soil PI
· Good Water Sources
Acres: 160+/- Taxes: $2,101.38 Legal: NW4 SEC 25-T119N-R60W, Spink County, South Dakota. Buyer Credit: $32,500
Tract 3 has a total of 160+/- acres of primarily Class II soils ranking at an overall PI of 78% as the cropland soils have a PI rating of 81.3%. With an FSA reported 120.19 cropland acres and a total of 81.61 base acres this diverse property brings loads of potential to any owner. Utilize the center grass drainage as a pasture or hay land or make use of the drainage as a potential drain tile outlet to help with Alkaline areas and other poor drainage areas once approved.
· Majority Class II Soils
· 120.19 Cropland Acres
· Cropland Soil PI of 81.3%
· Easy Access & Key Drainage Ditch
Acres: 160+/- Taxes: $2,283.26 Legal: NE4 SEC 25-T119N-R60W, Spink County, South Dakota. Buyer Credit: $30,000
With an overall 82.9% soil PI, this strong Class II South Dakota dirt brings quality to the table. FSA reports 87.36 cropland acres with the remainder being used as pastureland that could be converted to row crop production. This quarter compliments Tract 3 and 5 well by being all contiguous and good Class II dirt on both sides for your row crop operation.
· 82.9% Overall Soil PI
· Convert Additional Acres
· Easy Access and Eye Appeal
· Quality Row Crop Farm
Acres: 160+/- Taxes: $2,256.60 Legal: SE4 SEC 25-T119N-R60W, Spink County, South Dakota. Buyer Credit: $36,500
This cropland tract boasts a productive 160+/- acres primarily comprised of Class II soils with an average of 82% PI, gently rolling slopes and straight rounds. With 120.97 Cropland acres, this tract offers the opportunity to farm quality land with 35.48 pasture acres to potentially be converted into row crop production to make this a square 160.
· 82% Soil PI Overall
· 143.86 Acres of Class II Soils
· Convert Pasture Acres
· For Modern Day Equipment