Whitney Land Partnership – 238.96 Acres of Unimproved Spring Lake Twp., Hand Co., SD Land
October 17 @ 11:00 am
LAND AUCTION
+/-238.96 Acres of Productive Spring Lake Township, Hand County, SD Land
We will offer the following farm “ON SITE” at the land located from Miller, SD (Jct. Hwy’s #14 & #45) – Approx. 18 miles south on Hwy. #45, 5 miles east on 216th St. and 1 mile south on 365th Ave. to the NE Corner of the land at the Jct. of 365th Ave. & 217th St.; or from Gann Valley, SD – 3 miles north to the Jct. of Hwy’s. #45 & #34, the 12 miles north on Hwy. #45 to 216th St., miles east on 216th St. and 1 mile south on 365th Ave. to the NE Corner of the land at the Jct. of 365th Ave. & 217th St.
TUESDAY OCTOBER 17, 2023 Sale Time: 11:00 AM
AUCTIONEERS NOTE: This auction presents the opportunity to purchase a productive parcel of cropland situated in a prominent agricultural, hunting and recreational area of Hand County, SD, that has been in the Whitney Family for over 60 years. This farm has productive acres of cropland with respectable soil ratings and would make a nice addition to an area row crop farming operation and/or an investment opportunity, while also affording some hunting and recreational prospects. Please mark your calendars and make plans to be in attendance at this auction. Chuck Sutton
This property consists of approx. 238.96 acres according to Hand County assessment data and will be offered as one individual parcel. According to FSA information, this farm is indicated to have approx. 235.30 acres of farmland with approx. 230.13 acres of cropland and has a 108.08 acre corn base with a 107 bu. PLC yield, a 37.38 acre soybean base with a 27 bu. PLC yield and a 47.54 acre wheat base with a 41 bu. PLC yield. Presently the non-crop acres consist of a some hayland acres, waterway, drainage and roads. The property is bordered by a gravel road on the east (365th Ave.) and grassed minimum maintenance roads on the north (217th St.) and on the west (364th Ave.). According the Hand County Assessor this farm has a soil rating on the NE¼ of .636 & on the N½ NW¼ of .644; comparatively information obtained from Surety Agri-Data, Inc. indicates this land in its entirety has a soil productivity index of 63.6. The general topography of the cropland is level to gently rolling with some steeper slopes and lower lying land in non-crop acres and in the drainage areas. According to US Fish and Wildlife there are no existing conservation easements on this land. This land is available to the purchaser to operate this land in 2024. The RE taxes payable in 2023 on this property were $1,312.96 + $668.76 for a combined total of $1,981.72.
Legal Desc.: The NE¼ (+/-158.96 acres) and the N½ NW¼ (+/-80 acres) of Sec. 21, T. 109N., R. 67W. (Spring Lake Twp.), Hand Co., SD.
TERMS: A 10% nonrefundable downpayment on the day of the sale and the balance on or before December 1, 2023, with full possession for the 2024 crop year in accordance with the current farm lease which expires on Feb. 29, 2024 and the rights of the current tenant to harvest the 2023 crops. Marketable Title will be conveyed and an owner’s title insurance policy will be provided with the cost of the owner’s policy and closing agent’s fee (if any), to be divided 50-50 between the buyer and seller. All of the 2022 RE taxes payable in 2023, as well as all of the 2023 RE taxes payable in 2024 with be paid by the sellers. The total acres being sold are based on the acres as stated on the county tax records, with acres understood to be – more or less. The sellers do not warranty or guarantee that the existing fences lie on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA cropland, yields, bases & other information is estimated and not guaranteed and are subject to county committee approval. Information contained herein is deemed to be correct but is not guaranteed. This property is sold in “AS IS” CONDITION and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all Kingsbury County Zoning Ordinances. The sellers may desire to utilize this property in connection with a 1031 tax free exchange, and if so, the buyer will agree to cooperate with facilitation of the exchange, with all cost related to the exchange to be paid by the sellers. The RE licensees in this transaction are acting as agents for the agent for the owners. Sold subject to confirmation of the Owners. This is a parcel of land that is well suited to serve as an addition to an area farming operation or investment. To to make arrangements for absentee bidding or other information contact the auctioneers.
WHITNEY LAND PARTNERSHIP – Wyman Allen Whitney Estate – Carol Whitney, Margaret Anne Newville & Harriet Louise Edman, Owners
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315
JARED SUTTON, CAI – Auctioneer & RE Broker Assoc. – Flandreau, SD – ph. 605-864-8527
MARK JOENS – RE Broker – Fischer, Rounds & Associates, Pierre, SD – – Office Ph. 605-224-9223 or Cell Ph. 605-280-7001
TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626