302.99 Acres of Hanson Co., SD Land
February 22, 2017 @ 10:00 am
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LAND AUCTION
302.99 Acres Hanson County Farmland, Pasture, CRP and Improved Acreage Building Site
We will offer the following real property on
Wednesday, February 22, 2017 – 10:00 A.M.
Located from Chef Louies Steak House Mitchell, SD – 5 miles east on Hwy. 38 to sale site, or from the Jct. of I-90 Riverside Road Exit 335 and 413th Ave. ½ mile north on 413th Ave., 1½ miles east on Hwy. 38, or from the north edge of Alexandria, SD – 3 miles north on 421st Ave & 6½ miles west on Hwy. 38.
Real Estate To Be Offered As Tract 1: 12.90 acres Improved Acreage Building Site with House & Barn. Tract 2: 69.75 acres unimproved farmland. Tract 3: 63.53 Acres unimproved farmland, CRP, and grass low land with trees. Tract 4: The combination of Tracts 2 & 3 with 133.28 acres of farmland, CRP, and grass low land. Tract 5: Located directly south of Sale Site & Hwy. 38 consisting of 156.81 acres of farmland, CRP, and native pasture.
Tract 1 – Legal Description: Lot E of Tuttles addition SW¼ 21-103-59 Hanson County SD consisting of 12.90 Acres M/L.
Real Estate consisting of a 12.90 acres improved building site with outbuildings. This acreage has an older house that is being sold in “As Is” condition with no warranties expressed or implied. This 1 ½ story home (for repair or salvage) has 5-bedrooms, kitchen with cupboards, dining area, large living room with additional family room, utility room, full bathroom, entry way, and basement area with propane heat. Outbuildings include a 40’x54’ barn with newer steel roof and cattle pen, 18’x30’ utility shed with concrete floor, 18’x32’ shop building. This acreage site has rural water, electricity, large shelterbelt of mature trees for wind protection, lawn & garden area, hard surface road (Hwy. 38), room to expand with new house and shop building, and location being minutes from downtown Mitchell, SD.
Tract 2 – Legal Description: Lot D of Tuttles Addition SW¼ 21-103-59 Hanson County SD consisting of 69.75 Acres M/L.
Real Estate consisting of 69.75 acres of high producing unimproved farmland. The topography is level to nearly level. This tract was surveyed to include all tillable farmland. The majority soil types are Clarno, Prosper-Stickney, and Prosper-Clarno soils, with a combined productivity rating of .8110. All farmland was enrolled in the U.SDA. farm program but new bases will have to be redetermined due to survey work and subject to county committee approval. This tract has a U.S. Fish & Wildlife Easement pertaining to no draining, burning, or leveling farmed acres. This high producing tract of land would make a nice add on addition for any row crop operator.
Tract 3 – Legal Description: Lot C Tuttles Addition SW¼ 21-103-59 Hanson County SD consisting of 63.53 Acres M/L.
Real Estate consisting of 63.53 acres of unimproved farmland, CRP, and grass low land with trees. According to FSA information this tract has 21.05 acres farmland, 2.90 acres CRP, with the balance in grass low land. The topography on the tillable acres is level to nearly level. The majority soil types on the tillable acres are Dudley-Stickney and Hand soils. Tillable acres were enrolled in the U.SDA. farm program but new bases will have to be redetermined due to survey work and subject to county committee approval. This tract has a U.S. Fish & Wildlife Easement pertaining to no draining, burning, or leveling farmed acres. 2.90 acres are enrolled in a 10 year CRP contract at $110.47 per acre with an annual payment of $320.36, with the contract expiring September 30, 2020. The balance of this tract 39.58 acres is grass low land with trees. These acres would be a sportsman dream with abundant deer and pheasant hunting with plenty of habitat.
Tract 4: Is the combination of Tract 2 and Tract 3 with 133.28 acres previously described.
Tract 5 – Legal Description: NW¼ (Less H-1 I-90 Lots) 28-103-59 Hanson County SD consisting of 156.81 Acres M/L.
According to FSA information this tract has 78.43 acres tillable farmland, 51.80 acres CRP, 24.19 acres native pasture, with the balance in shelterbelt of trees. The majority soil types are Clarno-Ethan, Clarno, and hand soils on the tillable acres with a combined soil productivity rating of .710. The topography is nearly level to gently rolling. Tillable acres were enrolled in the U.SDA. farm program but new bases will have to be redetermined due to combining other tracts acres and subject to county committee approval. 51.80 acres are enrolled in a 10 year CRP contract at $110.47 per acre with an annual payment of $5,722.34, with the contract expiring September 30, 2020. 24.19 acres is native grass with good fences and dugout for water supply. This pasture borders I-90 and has 4 Interstate sign locations generating $2,500.00 of annual revenue. 2016 Real Estate Taxes are $2,477.12.
Terms: Cash Sale with 10% non-refundable payment day of sale with the balance due and payable on or before March 29, 2017 with possession for the 2017 crop season. 2016 Real Estate Taxes due in 2017 to be paid by sellers. A warranty deed will be conveyed and owners title insurance provided with the cost split equally between the buyer & seller. Closing Agent will be Davison-Hanson Title Co. with the closing costs split equally between buyer & seller. Information contained herein is deemed to be correct but is not guaranteed. Real Estate Auctioneers in this transaction stipulate that they are acting as agents for the sellers. This property is sold subject to existing easements, restrictions, and highways of record as well as any or all County Zoning ordinances. Sold subject to confirmation of the owners. For further information contact the Auctioneers.
Owners: Ramona Persan, Rodney Tuttle, John Tuttle
For information contact – Rod – 605-999-3063
Terry Haiar – Real Estate Auctioneer – Alexandria – 605-239-4626,
Chuck Sutton – Land Broker – Sioux Falls – 605-336-6315
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