784.93+/- Acres of Codington & Grant County Land Auction

Closing to take place on or before September 26, 2024. This property is sold subject to a written lease that expires December 31^st, 2024, with full possession to be given January 1^st, 2025. Hunting rights will be given at closing. 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 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 to the buyer 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 Codington and Grant County Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. A plat will be provided for Tracts 3 & 7, all other tracts will not be surveyed and will be the buyers responsibility if needed or requested. Purchaser shall cooperate with Seller on signing documents and coordination of facilitating an IRS 1031 exchange if Seller participates in this Exchange. 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. This sale is subject to a 5% buyer premium. Tracts will be offered individually, any combination, and as a unit.  Purchase Agreement to be signed according to how the winning bid is placed.   

 

Snapshot:

·         646.46 FSA Cropland Acres

·         Overall Cropland Soil Rating of 84.5%

·         Overall Soil PI of 80.2%

·         Lays Nearly Level to Rolly with Excellent Eye Appeal

·         Wildlife Corridor with Mature Trees & Waterways

·         Made for Modern Equipment

·         2 Potential Building Sites with Prime Locations

 

Directions:

From Watertown, SD: Head North out of Watertown for 14.25 miles on SD-20/455^th Ave. Tract 1 is on the West side of the road.

From the South Shore exit: Head West on SD-20 for 2.5 miles. Turn South onto 455^th Ave. Tract 1 is on the West side of the road.  

 

On the auction block August 22^nd, Advantage Land Company proudly presents 784.93+/- acres of quality and versatile dirt nestled in Grant and Codington County, north of Watertown, SD. This property provides powerful dirt with easy access for modern machinery, well-stewarded cropland, mature tree lines, waterways, hay land, pasture, potential building sites, and natural corridors for wild game. FSA reports 646.46 acres of cropland with an overall weighted soil productivity index of an 84.5%. FSA also reports a total of 618.20 base acres comprised of a 123.00 acre Corn base with a 120 bu PLC yield, a 406.10 acre Soybean base with a 25 bu PLC yield, and an 89.10 acre Wheat base with a 41 bu PLC yield. Across the majority of acres, including cropland, pasture, and building sites, it offers an overall weighted soil average of 80.2% PI. With the different waterways, one could conduct potential drain tile projects with the appropriate approvals. For the hunting enthusiasts, this property has strong wildlife corridors with grass waterways and mature trees for good winter cover. If you’ve been looking for room to build your forever home, this auction has multiple potential acreage sites, or you could convert the acres to successful cropland. Take ADVANTAGE of adding this prime real estate to your investment portfolio and make it your own this time around!

 

TRACT 1:

Acres: 158.22+/-  Taxes:  $2,936.08 

Legal:   S1/2 NE1/4, NW1/4 SE1/4, & Lot 1 except H-1 in SEC 12-T119N-R52W, Codington County, South Dakota.

 

·         Soil Rating at 91.8% PI

·         156.46 FSA Cropland Acres

·         Minimal Waste Acres & Excellent Eye Appeal

·         Made for Modern Day Equipment

As the old timers would say, “Now that’s good dirt.” This is a powerhouse of a farm right on SD Hwy 20 that lies nearly flat. FSA reports a total of 150.10 base acres comprised of a 71.70 acre Corn base with a 120 bu PLC yield and a 78.40 acre Soybean base with a 25 bu PLC yield. The heavy soil makes for top yields and efficient farming operations, which is an asset for investors, seasoned farmers, and newcomers alike.

 

TRACT 2:

Acres: 50.81+/-  Taxes:  $872.92 

Legal: Lot 1 SEC 29-T120N-R51W, Codington County, South Dakota.   

 

·         30.57+/- FSA Cropland Acres

·         Cropland Soils Rating at 86% PI

·         Ability to Hay Grass Waterways

·         Natural Waterway for Potential Tile Project

Tract 2 is another quality farm with crop land with a waterway, enhancing productivity and appeal. This combination supports diverse farming practices and makes it a highly versatile investment. FSA reports a total of 30.50 base acres comprised of a 15.30 acre Corn base with a 120 bu PLC yield, and a 15.20 acre Soybean base with a 25 bu PLC yield.

 

TRACT 3:

Acres: 39.2+/-  Estimated Taxes:  $804.99

Legal: Lot 1 of Giese Addition in the NW1/4 SW1/4, Lot 4 in SEC 20-T120N-R51W, Grant County, South Dakota, subject to plat approval. 

 

·         The Location for Building Your Forever Home

·         10.78 FSA Cropland Acres

·         Entirely Class I and II Soils – 86.2% PI

·         Thick Mature Trees for Wildlife and Protection

West of I-29 and just off the black top, Tract 3 has an excellent location and is surrounded by a mature tree belt, stretching a half mile long, to hold up against the worst mother nature can throw at it. This tract features a blend of productive crop land, grass land, and the potential for a building site to make your own. With single phase, underground power from Codington-Clark Electric across the road and the potential for a well to be drilled for your water source, Tract 3 offers an ideal location for you to design and build your own hobby farm.

 

TRACT 4:

Acres: 65.36+/-  Estimated Taxes:  $1,415.86

Legal:  NW1/4 SW1/4, Lot 3 and Lot 4 less Lot 1 of Giese Addition in SEC 20-T120N-R51W, Grant County, South Dakota.

 

·         65.36+/- FSA Cropland Acres

·         Overall Soil Rating at 86.5% PI

·         Minimal Waste Acres & Excellent Eye Appeal

·         Straight Rounds with Good Access

This Grade-A farm is characterized by minimal waste ground, maximizing usable acreage for a variety of investment opportunities. FSA reports an estimated 665.36 base acres comprised of a 30.60 acre Corn base with a 120 bu PLC yield and a 34.85 acre Soybean base with a 25 bu PLC yield. Whether you're considering expansion, diversification, or investment, Tract 4 presents a compelling opportunity in a desirable location.Top of FormBottom of Form

 

TRACT 5:

Acres: 151.34+/-  Taxes:  $3,507.24 

Legal: SE1/4 except Lot H-2 SEC 34-T120N-R52W, Grant County, South Dakota.

 

·         142.35+/- FSA Cropland Acres

·         Cropland Soil Rating at 79.8% PI

·         Majority Class II Soil

·         Soo Creek Cuts Corner

Located adjacent to I-29 and 14 miles North of Watertown, Tract 5 offers productive soil, good access, and is made for modern day equipment. FSA reports a total of 141.10 base acres comprised of a 105.80 acre Soybean base with a 25 bu PLC yield and a 35.30 acre Wheat base with a 41 bu PLC yield. Years of successful stewardship build character as the grass waterways prevent soil erosion, giving this property all the advantages for a thriving operation.

 

TRACT 6:

Acres: 160+/-  Taxes:  $3,196.42 

Legal: SW1/4 SEC 35-T120N-R52W, Grant County, South Dakota.

 

·         80.33+/- Estimated Cropland Acres

·         Cropland Soil Rating at 79.3% PI

·         Potential to Hay Grass Waterways

·         64+/- Acre Pasture with Soo Creek and Dugout

 

This one is for the farmer and rancher. Let your cattle graze on the 64+/- acre belly deep pasture surrounded by strong fence line with the Soo Creek free flowing through the property feeding the dugout as its quality water source. The remainder of acres provide productive cropland with several grass waterways which support agricultural needs and make for easy tile projects. FSA reports an estimated 80.33 base acres comprised of a 62.14 acre Soybean base with a 25 bu PLC yield, and a 20.18 acre Wheat base with a 41 bu PLC yield.

 

TRACT 7:

Acres: 10+/-  Estimated Taxes:  $241.07 

Legal: Lot 1 of Giese Addition in the NW1/4 SEC 35-T120N-R52W, Grant County, South Dakota, subject to plat approval.

 

·         Country Living on the Hilltop

·         Make It Your Own

·         Mature Trees with Privacy & Protection

·         5+/- Acres of Crop Land

Once a building claim and with mature trees on the Northwest corner, Tract 7 offers the new buyer a blank canvas. Located just 15 miles from Watertown, this potential acreage brings loads of character. Grant-Roberts Rural Water and underground, single phase electric services offered by Whetstone Valley Electric are located across the road. Build on the hilltop and enjoy the breathtaking views of South Dakota’s natural and abundant beauty.

 

TRACT 8:

Acres: 150+/-  Estimated Taxes:  $3,510.93

Legal: NW1/4 less Lot 1 of Giese Addition SEC 35-T120N-R52W, Grant County, South Dakota.

 

·         124+/- Estimated Cropland Acres

·         Overall Cropland Soil Rating of 84.4% PI

·         Waterways & Excellent Eye Appeal

·         Convert Grass into Row Crop

Tract 8 features 124+/- acres of cropland and 22.5+/- acres of pasture with the Soo Creek cutting through the Southeast corner. FSA reports an estimated 124 base acres comprised of a 96.12 acre Soybean base with a 25 bu PLC yield, and a 31.20 acre Wheat base with a 41 bu PLC yield.Enhance the agricultural value by potentially looking into a drain tile project to convert more acres into high quaility cropland as the overall soil PI is 83.2%.