South Central SD Land Auction - Advantage Land Co

South Central SD Land Auction

Auction Date: August 5, 2021 - 11am

Auction Location: Gregory American Legion

Online Bidding Opens: August 2, 2021



Date of Auction

8/5/2021 - 11 AM



Legal: W2SE4 Sec.14-T99N-R73W, Dixon S. Twp. & SW4 Sec.24-T96N-R73W, Dickens Twp. Gregory Co, SD

Owners: Laura Haines-Frazer

Tract 1 Location from Dixon, SD: Head East out of Dixon, SD on U.S Highway 44 for 1.5 miles and the property lies on the North side of the Highway.

  • 77.66+/- Cropland Acres.
  • 69.4% Overall Soil PI.
  • Primarily consisted of Class III Silty Clay Soils.
  • US Hwy 44 Borders the property to the South.
  • Potential building site.

Tract 1 consists of 77.66 estimated cropland acres currently utilized for row crop in Dixon S. Twp. that reports an overall Soil Productivity Index at 69.4%. Estimated FSA information consists of 24+/- base acres, a 7+/- acre wheat base with a 47bu. PLC yield, 13.5+/- acre corn base with an 89 bu. PLC yield, and 3.5+/- acre soybean base with a 37 bu. PLC yield. This parcel offers two grass waterways to use for haying, or look into a potential drain tile project.

Tract 2 Location from Gregory, SD: Head South from Gregory on State Highway 251 for 8 miles and turn East onto 296th St. Property lies on the north side of the road.

  • 145.43 Cropland Acres.
  • Mature trees and dugout in the SW corner.
  • Good access from Hwy 251.
  • Good fences.
  • Potential building site.

According to FSA, Tract 2 consists of 145.43 cropland acres currently utilized as pasture land that offers a small shelter belt and dugout in the southwest corner of the property providing a good water source and protection making it optimal for grazing throughout the year. FSA reports this parcel having 12.94 acre wheat base with a 47 bu. PLC yield, 25 acre corn base with an 89 bu. PLC yield, and 6.58 acre soybean base with a 37 bu. PLC yield. This grass was farmed in prior years and could be converted back into row crop production with ease.

Located just west of the Missouri River in the well-known agricultural country near Gregory, SD, Advantage Land Co. presents this unique offering of 240+/- acres having well graded crop land along with a square quarter of pasture. Excellent access on black top for both parcels provides for potential building sites with rural water and electrical services near the property. If you are in the market for more quality row crop or pasture land you will want to take Advantage of this opportunity on sale day! Available in two separate tracts, or as a combination.

Closing on or before September 8, 2021. Landlord possession to take place day of closing on or before March 1, 2022. This property is under lease for the 2021 year expiring March 1, 2022. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% with possession will be due at the conclusion of the sale. If 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 2020 RE Taxes due and payable in 2021 will be paid by the seller. The 2021 RE Taxes due and payable in 2022 will be paid by the seller as a credit to purchaser at closing based on most recent tax information. 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 Gregory County Zoning Ordinances. A survey/plat will not be provided and will be the purchasers responsibility if needed or requested. 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. Subject to a 5% buyer premium. This sale is subject to seller confirmation. Not responsible for accidents.