187.27± Acres Spink County Land Auction
Auction Date: Thursday, April 3rd, 2025 @ 11AM.
Auction Location: On-Site.
Legal: E2NE4 SEC 26-T115N-R61W; W2SW4 SEC 31-T114N-R61W (except Lot H-1 and except Tract A & Tract B); NE4SE4 SEC 36-T114N-R62W; all in Spink County, South Dakota.
Owners: Glenda Williams, Carolee Griffin, Gregory Kockrow
Snapshot:
· Total of 166.36 FSA Cropland Acres.
· Overall Soil Rating of 65.1%.
· Made for Modern Day Equipment.
· $42,135 Total Buyer Credit.
Directions From Doland, SD to Tract 1: Head South of our Doland, SD on County Road 3 for 10 miles. Turn right (West) onto County Road 24 for 1 mile. Tract 1 begins on the South side of the road.
If you are looking to build your investment portfolio or expand your row crop operation, you will want to take Advantage of this 187.27+/- acres of Spink County, SD dirt. This property offers a high percentage of tillable acres, straight rounds, and easy access off SD HWY 37, SD HWY 28 and County Road 24, comprised of good dirt and high-quality soils. With 133.62+/- acres of Class II soils with a productivity index of 75.25%, and an overall weighted soil rating of 65.1%, these tracts offer strong agriculture potential. FSA reports a total of 144.41 Cropland acres with 144.40 total base acres comprised of a 108.30 acre Corn base with a 129 bu PLC yield and a 36.10 acre Soybean base with a 39 bu PLC yield. Located in pheasant country, this property appeals to hunting enthusiasts and farmers with the slough acres along the perimeter, creating ease for operators and the quick hunt. This property provides something for everyone with well-stewarded cropland, easy access for modern equipment, and sloughs for wildlife. Whether you're looking to expand your row crop operation, diversify your investments, or enjoy the outdoors, these tracts present a unique opportunity for strong, long-term dividends. Bid to buy on April 3rd!
TRACT 1:
Highlights:
· 66.70 FSA Cropland Acres.
· 69.49± Acres of Class II Soils with a 76.67% soil PI.
With easy access from County Road 24, this 80 acres has an overall soil Productivity Index of 70.6%, while 69.49+/- acres of Class II soil form a soil PI of 76.67%. FSA reports a total of 66.70 Cropland acres with 66.69 total base acres comprised of a 50.02 acre Corn base with a 129 bu PLC yield and a 16.67 acre Soybean base with a 39 bu PLC yield. Tract 1 appeals to farmers and investors looking to expand a row crop operation or diversify their portfolio.
TRACT 2:
Highlights:
· 36.64± Acres of Class II Soils with 71% PI.
· 36.52 FSA Cropland Acres.
This property’s straight rounds, nearly all tillable acres, and easy access off SD HWY 37 makes it perfect for any farmer. With 36.64+/- acres that offer a soil productivity index of 71% and an overall soil PI rating of a 68.7% across the 38.00+/- acres, this tract has the potential to produce strong harvest for years to come. FSA reports a total of 36.52 Cropland acres with 36.31 total base acres comprised of a 17.56 acre Corn base with a 117 bu PLC yield and a 18.75 acre Soybean base with a 33 bu PLC yield.
TRACT 3:
Highlights:
· 63.14 FSA Cropland Acres.
· Straight Rounds and Slough for Wildlife.
Located off SD HWY 28 and 37, Tract 3 provides easy access for modern machinery and straight rounds. With an overall soil productivity index of 57.2%, this tract packs a punch. FSA reports a total of 63.14 Cropland acres with 62.79 total base acres comprised of a 30.36 acre Corn base with a 117 bu PLC yield and a 32.43 acre Soybean base with a 33 bu PLC yield.
Closing to take place on or before May 8th, 2025. This property is sold subject to a lease that expires December 31, 2025. This property will be free and clear January 1st, 2026. Seller to give a total buyer credit at closing in the amount of $42,135 broke out as T1: $18,000, T2: $8,550, and T3: $15,858. 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 2024 RE Taxes due and payable in 2025 will be paid by the seller. 2025 RE taxes due and payable in 2026 and all future taxes will be the buyers responsibility. 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. Any mineral rights currently owned by the seller will pass to the buyer, however, the seller does not warranty or guarantee any. 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 Spink 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. This is a cash sale. Property is sold “as is”. This sale is subject to Seller Confirmation. This property is subject to a 5% buyer premium. Purchaser shall cooperate with Seller on signing documents and coordination of facilitating an IRS 1031 Exchange if Seller participates in this Exchange. Announcements made day of sale take precedence over any written materials. Not responsible for accidents. Tracts will be offered individually, any combination, and as a unit. Purchase Agreements will be signed according to how the bids were placed at auction.