458.64+/- Acres in Hamlin County, SD Land Auction

Closing to take place on or before October 30th, 2024. This property is sold subject to the terms and conditions of a lease that expires March 1^st, 2025. This property will be free and clear to farm, graze or rent after March 1^st, 2025. 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. Acres were obtained by original survey/plat provided by Bureau of Land Management. 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 based on the most recent tax information available. 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 Hamlin 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. Tile Easement will be signed on or before closing, only if Tract 2 and Tract 3 sell separately. 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. This sale is subject to a 5% buyer premium.  Announcements made day of sale take precedence over any written materials. Tracts will be offered individually, any combination, and as a unit and purchase agreements will be drawn according to how the winning bids were placed. Not responsible for accidents. 

Snapshot:

•         354.35 FSA Cropland Acres of Quality Dirt with an 81.6% Cropland Soil PI.
•         324+/- Acres of Class I and II Soils.
•         Nearly 19,000 feet of Installed Tile.
•         Convenient Access for Modern Equipment & Excellent Eye Appeal.

Directions:

From Hazel, SD: Head South out of Hazel on 1st Street/County Road L for 2.75 miles to 184^th Street. Tract 1 begins on the SW corner of that intersection.

Look no further and get ready to cultivate your future with premium farmland! Put on the auction block September 19^th, 2024, 458.64+/- acres of quality and versatile dirt nestled in the heart of Hamlin County’s known agriculture and wildlife rich country just a few miles from Hazel, South Dakota. Enjoy the benefits of nutrient-rich soil and nearly 19,000 feet of tiling that through the years has provided high yields and successful harvests year after year. With convenient access to major roads and local markets, this property allows the modern farmer to embrace all the efficiencies and benefits any operator desires. With an overall weighted soil average of 79%, this dirt will help protect against tougher growing years. Nearly 324+/- acres of this ground are Class I & Class II soils with a productivity between 81% and 98%! FSA reports a total of 354.35 Cropland acres with 297.10 total base acres comprised of a 148.34 acre Corn base with a 158 bu PLC yield, a 139.76 acre Soybean base with a 43 bu PLC yield, and a 9.0 acre Wheat base with a 79 bu PLC yield. Whether you’re an expanding farmer or and avid investor, this land represents a diversification for your future and for generations to come! Let your legacy start here and take ADVANTAGE of this exceptional, lifetime opportunity to expand your agricultural portfolio and bid to buy on September 19^th!

TRACT 1:

Acres: 158.02+/-  Taxes:  $2,670.02 

Legal: NW1/4 of SEC 1-T114N-R55W in Hamlin County, South Dakota.

This cropland boasts a productive 144.94+/- acres of row crop, gentle slopes, 8,628' of drain tile, minimal waste acres, and straight rounds. This tract has an overall soil Productivity Index of 80.9% and FSA reports a total of 144.94 Cropland acres with 121.51 total base acres comprised of a 60.67 acre Corn base with a 158 bu PLC yield, a 57.16 acre Soybean base with a 43 bu PLC yield, and a 3.68 acre Wheat base with a 79 bu PLC yield. 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 Hamlin county has to offer. 

Highlights:

·         Overall Soil Rating of 80.9% PI.

·         139.26+/- Class I & II Soils.

·         8,628 Feet of Tile Installed.

·         Minimal Waste Acres & Excellent Eye Appeal.

TRACT 2:

Acres: 140.62+/-  Taxes:  $2,461.15

Legal: NE1/4 less the 46 rods of the west 62 rods of the NE1/4 and less the East 50' of the West 1,073' of the North 759'  of the NE1/4 of SEC 1-T114N-R55W in Hamlin County, South Dakota.

Boasting an overall soil productivity index of 81.7%, this property has the means to provide for investors, operators, and hunting enthusiasts alike! FSA reports a total of 139.15 Cropland acres with 116.67 total base acres comprised of a 58.25 acre Corn base with a 158 bu PLC yield, a 54.88 acre Soybean base with a 43 bu PLC yield, and a 3.53 acre Wheat base with a 79 bu PLC yield. With easy access for modern day equipment, 3 sloughs for the late season habitat, and nearly 8,200 linear feet of tile (with potential for more), this investment will provide dividends for years to come!

Highlights:

·         Overall Soil Rating of 81.7% PI.

·         116.12+/- Class I & II Soils with Gentle Slopes.

·         Nearly 8,200' of Tile, 3 Sloughs & Easy Access.

·         Minimal Waste Acres & Excellent Eye Appeal.

TRACT 3:

Acres: 160+/-  Taxes:  $2,765.23

TRACT 3: SE1/4 of SEC 1-T114N-R55W in Hamlin County, South Dakota.

Consisting of nearly 160+/- acres and a 75% Overall Soil PI, this property is your chance to own some of the finest and most well-connected crop and pasture land in Hamlin County! With an 81.1% Cropland Soil PI, FSA reports a total of 70.26 Cropland acres with 58.91 total base acres comprised of a 29.42 acre Corn base with a 158 bu PLC yield, a 27.71 acre Soybean base with a 43 bu PLC yield, and a 1.79 acre Wheat base with a 79 bu PLC yield. With potential to convert to more row crop production, add additional tile with your own outlet, a half mile long mature tree belt, and belly deep pasture ground, the opportunities with this dirt are limitless!

Highlights: 

·         Overall Soil Rating of 75% PI.

·         122.21+/- Class I & II Soils with Straight Rounds.

·         Potential to Convert to More Row Crop.

·         Mature Tree Belt & Established Waterway.