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1,595.84+/- Acre Ranch Auction
Auction Date: Thursday, November 14th, 2024
Auction Location: Miller American Legion, Miller, SD
Legal: SEC 26, SE4 SEC 27, NE4 SEC 34, SEC 35 all in T111N-R70W in Hand County, South Dakota.
Owners: The Revocable Trust of Marvin T. Hasart and Patricia K. Hasart dated Nov 1, 2018, Rhonda & Mike Hasart, Allison & Ryan Ryckman
Snapshot:
· All Contiguous Working Ranch, Great Access in The Green Valley.
· 18+ cross-fenced pastures with 22+ miles of newer fence.
· 233.61 FSA Cropland Acres Sewed to Alfalfa and Sorghum.
· Headquarters Includes Shop, Sheds, Quonsets and Two Homes.
Directions From Ree Heights:
Head South out of Ree Heights on 349th Ave for 8 miles, the property begins on the West side of the road.
To get to the working ranch, continue another short mile and turn Right (West) onto Hasart Road. Head on Hasart Road for 1.5 miles and the ranch is on both the North and South sides of the road.
Brokers Notes:
Built with passion, a vision, and hard work, Hasart Ranch is a 5th generation, grand, all contiguous, nearly 1,600 acre estate, offered at auction by Advantage Land Co., located in the heart of cattle county in Hand County South of Ree Heights, South Dakota. This property provides both beauty and efficiency with 18+ cross-fenced pastures containing over 22 miles of fence lines, over 17,800 feet of pipeline distributing water to 12 strategically placed water tanks, and a high water table supplying two shallow wells. This land can support 300+/- pairs during summer months, have winter feed with the alfalfa flats, and still have grass left for the snow catch. With convenient access, the property resides on both sides of Hasart Road and along the paved 349th Avenue in The Green Valley. 233.61 cropland acres strengthen the ranch by providing alfalfa and additional forage with a rich soil rating average of 82% across the majority of the tillable acres. FSA reports a total of 233.61 Cropland acres with 49.90 total base acres comprised of a 26.01 acre Corn base with a 81 bu PLC yield, a 16.28 acre Soybean base with a 27 bu PLC yield, and a 7.61 acre Oat base with a 56 bu PLC yield. This is a true working ranch with a mix of grass and crop land, two homes, sheds, cross-fenced paddocks and pens for year around operation. The Hasart family has flourished on this property for more than 100 years but it has come time for someone new to harness this land and make it their way of life. This property has been stewarded to make it not only functional but ready to build your own memories, so take Advantage of this muti-generational powerhouse and bid at auction!
Closing to take place on or before December 19th, 2024. This property is sold subject to the terms and conditions of a lease on the pasture land that expires 12/31/2024. Possession on land to occur January 1, 2025. Possession on the homesites to occur at closing. Personal property noted in the Bill of Sales will transferred to the new owners with the other personal property to be removed prior to possession. There are some portable fences in the acreage sites that will be removed; however, they will be replaced by suitable fencing. 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. 2024 RE Taxes due and payable in 2025 will be paid by the seller based on the current tax amount of $10,144.62 and held in escrow with Hand County Title. 2025 taxes due and payable in 2026 and all future payments will be the responsibility of the buyer. 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, along with grassland easements on a portion of this land, restrictions, reservations, or highways of record, if any, as well as any or all Hand 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. 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.