315+/- Acres in Spink County, SD Online Only Land Auction - Advantage Land Co./G3 Auction - South Dakota and Minnesota's Premier Auctioneers & Farm Management Services

315+/- Acres in Spink County, SD Online Only Land Auction

Auction Date: Online Auction - August 15th, 2024 - Auction to close at 11AM

Auction Location: www.AdvantageLandCo.com

 

Acres

315+/-

Date of Auction

8/15/2024

Taxes

$6,598.05

Legals: E1/2SE1/4 SEC 12; W1/2NE1/4 and NW1/4 less 5+/- Acres in SEC 13; all in T116-R64W in Spink County, South Dakota.

Owners: Robert C. Nelson and Cheryl Nelson

Snapshot:

·         289.75 FSA Cropland Acres of Quality Dirt with an 88.1% Cropland Soil PI.

·         235 Contiguous Acres of Cropland.

·         Excellent Wildlife Corridor with Mature Trees & Sloughs.

·         Convenient Access for Modern Equipment & Excellent Eye Appeal.

Directions: 

From Redfield, SD: Head East out of Redfield on US HWY 212 for 1/2 miles to 387th Avenue. Turn South for 1 mile and then head East on 174th Street. Tract 2 and Tract 3 will be on the South side of the road.

Heading to the auction block, 315+/- acres of quality and versatile dirt nestled in Spink County’s known agriculture and wildlife rich country just a few miles from Redfield, South Dakota. This property provides something for everyone with easy access for modern machinery, well-stewarded cropland, mature tree lines along with CRP for wildlife refuge, and ability to convert more acres into tillable cropland down the road. With a weighted soil average of 82.1%, this property will produce strong harvests for years to come as 198+/- acres pack a punch with a soil productivity between 81% and 98%! FSA reports a total of 289.75 Cropland acres with 122 total base acres comprised of a 76.1 acre Corn base with a 115 bu PLC yield, a 93.4 acre Soybean base with a 26 bu PLC yield, and a 2.7 acre Oats base with a 43 bu PLC yield. This 315+/- acres boasts a strong wildlife corridor with CRP and tree lines providing good winter cover for hunting enthusiasts. The 11+/- acres of volunteer trees are in the process of being cleaned giving the producer the ability to put those acres into production in 2025. There are currently 2 CRP contracts that include 58.46 acres total that bring a total annual payment of $10,342.00 that were signed in 2021 and expire in 2031. Tract 2 has 15.78 acres enrolled at a rate of $172.20 per acre for a total of $2,717.00 annually and Tract 3 has 42.68 acres enrolled at a rate of $178.65 per acre for a  total of $7,625.00 annually.  Take ADVANTAGE of adding this prime real estate to your portfolio and make it your investment of a lifetime!

 

TRACT 1: 

Acres: 80+/-  Taxes:  $1861.75 

Legal: E1/2SE1/4 of SEC 12-T116N-R64W in Redfield Township, Spink County, South Dakota.

 Highlights:

·         Overall Soil Rating of 88.1% PI.

·         Class II Soils with Majority Great Bend Beotia Silt Loams.

·         Minimal Waste Acres & Excellent Eye Appeal.

·         One of the Best Farms Spink County has to Offer.

This cropland boasts a productive 80+/- acres of primarily row crop, gentle slopes, minimal waste acres, and straight rounds. This tract has an overall soil Productivity Index of 88.1% and has FSA reported 73.75 Cropland Acres. If you’re in the market for a heavy lifting income producing property, this is your chance to take Advantage and add one of the best farms Spink county has to offer to your portfolio. 

 

TRACT 2: 

Acres: 75+/-  Taxes:  $1384.48 

Legal: W1/2NW1/4 of SEC 13-T116N-R64W in Redfield Township, Spink County, South Dakota.

 Highlights:

·         Overall Soil Rating of 75.5% PI.

·         Habitat for Wildlife Protection.

·         CRP Contract for 15.78 acres at a rate of $172.20 per acre.

With a diverse balance of cropland, CRP, and timber just 1 mile from US HWY 212, this property has the means to provide for owners, operators, and hunting enthusiasts alike. Boasting 67.33+/- FSA Cropland acres, this tract provides a productive opportunity for any steward with a high percentage tillable. The CRP contract enrolls 15.78 acres of land with a rental rate of $172.20 per acre for a total of $2,717.00 per year. This property also provides a dugout and fence along the perimeter for fall grazing and the southern border of the property provides a thick tree line with ample coverage for wildlife cover.  

 

TRACT 3: 

Acres: 160+/-  Taxes:  $3345.82 

Legal: E1/2NW1/4 & W1/2NE1/4 of SEC 13-T116N-R64W in Redfield Township, Spink County, South Dakota.

Highlights: 

·         160+/- Acres with 85.7% Cropland Soil PI.

·         Sloughs for Drainage & Habitat for Wildlife Protection.

·         CRP Contract for 42.68 acres at a rate of $178.65 per acre.

Housing 160+/- acres with an 85.7% Cropland Soil PI, CRP for wildlife cover, and volunteer trees that are getting cleaned up, this property provides something for everyone! A CRP contract established in 2021 enrolls 42.68 acres with a rental rate of $178.65 per acre for an annual total of $7,625.00. With straight 1/2 mile rounds along the East side of the property and easy access for modern day equipment, this investment will provide dividends to the new owners for years to come!

 

Closing to take place on or before September 18th, 2024. This property is sold subject to the lease that expires December 31st, 2024 with full possession to be given January 1st, 2025. This property will be free and clear to farm or rent in 2025. The new buyer will get hunting rights at closing. Buyer to assume CRP contracts. 2024 CRP payments to be received by the seller. 2025 CRP payments and beyond to be received by the buyer. 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 completed 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 between the buyer and seller. The 2023 RE Taxes due and payable in 2024 will be paid by the seller. The 2024 RE Taxes due and payable in 2025 will be paid by the seller as a credit at closing. 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. No warranty is made or implied for the property boundaries, mineral rights owned, or water supply. 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. This is a cash sale. Property is sold “as is”. This sale is subject to Seller Confirmation. Announcements made day of sale take precedence over any written materials. Not responsible for accidents. Tracts will be offered individually, any combination, and as a unit. The dynamic ending of the online auction at AdvantageLandCo.com will keep extending every 15 minutes as long as bids are placed.