LAND AUCTION

+/-71.90 Acres of Productive Spring Lake Twp., Hanson County, SD Land with a High Percentage Tillable in a Highly Regarded Area of Hanson County, SD!

We will offer the following Land at Public Auction located from the Hunters Den in Epiphany, SD – 1 ½ Miles East on 244th St., then 1 ½ Miles South on 429th Ave to the NE Corner of the Land.

MONDAY NOVEMBER 25, 2024 Sale Time: 10:00 AM

This auction awards the opportunity to purchase a productive parcel of Hanson County, SD Farmland with a high percentage tillable, productive soils & good farmability situated in Spring Lake Twp., Hanson County, SD. This Parcel is an inside +/-71.90 Acre Tract with very little roadway on the East End of the Farm. According to FSA information this parcel consists of approximately 65.36 acres of cropland with a 19.76 acre corn base with a 99 Bu. PLC yield and a 16.00 acre soybean base with a 30 Bu. PLC yield. This farm has been farmed in a split corn/soybean rotation and has a high percentage tillable, long rows from east to west, and non-tillable portions are situated in the corners making this farm very adaptable to modern day farm equipment & farming practices. According to Hanson County Assessor’s information this land has an overall soil rating of a .664. Comparatively, information obtained from Surety Agridata Inc. indicates that this parcel has a weighted average Productivity Index of a 69.3 in its entirety, and a 73.3 on the cropland acres. Additionally, there are areas of this property which could provide some hunting & wildlife opportunities as well. If you are in the market for a productive parcel of land to add to an existing farming operation or investment, make plans to inspect this property & be in attendance at this auction!

LEGAL DESC: The SE ¼ (Less Tr. 1 Scheuren Addn.) in Sec. 11, T. 104N., R. 57W., Spring Lake Twp., Hanson County, SD

TERMS: A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before Jan. 14, 2025 with full possession for the 2025 crop year. Subject to the rights of the current tenant to harvest the 2024 crops in accordance with the 2024 farm lease. A Deed will be conveyed and an Owner’s Title Insurance Policy will be provided with the cost of the owner’s policy and closing agents fee divided 50-50 between the buyer & seller. This property is sold based on the acres as stated on the county tax records with the acres understood to be “more or less”. The buyer will receive a credit at closing equal to the RE Tax amount payable in 2024 of $979.02, subsequently the buyer to assume responsibility for payment of all of the 2024 RE taxes payable in 2025, with no further adjustments. The sellers do not warranty or guarantee that existing fences lie on the true & correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA yields, bases, payments or other info. is estimated and subject to County Committee approval. Information contained herein is deemed to be correct but is not guaranteed. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, and subject to any Co. Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the sellers. Sold subject to confirmation of the Sellers.

DR JPS SODAK, LLC - Owner

TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626

CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – Ph. 605-336-6315

JARED SUTTON CAI – Auctioneer & RE Broker Associate – Flandreau, SD – Ph. 605-864-8527
SD: Mitchell