CLAY COUNTY, SD LAND AUCTION

704.11 +/- Acres, Star Township

Offered in 5 Tracts

Thursday March 14, 2019 10:30 AM

 

We will sell the following real estate at public auction at the land site located from Wakonda, SD, 2 miles north on 455th  Ave or from Irene, SD, 3 miles east on SD Hwy 46 and 2 miles south on 455th Ave.

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Auctioneer’s Note: Rarely does a section of land that includes cropland and pasture come up for sale in southeastern South Dakota.  Here is an opportunity to purchase multiple tracts of land to expand your current farming operation or purchase as an investment. The land is located north of Wakonda, SD, a reasonable distance to ethanol plants & grain elevators, with a hard surface road on the east boundary. The land is in a corn/soybean rotation and is available to the new owner for the 2019 crop year. The pasture fence line is the boundary between the pasture and the other tracts. The FSA estimates there is approximately 527.7 acres of cropland with a 334.30 acre corn base and a 135 bushel PLC yield, a 193.39 acre soybean base with a 40 bushel PLC yield, 39.3 acres of CRP with an annual payment of $278.86 per acre through 2026 and 116.5 acres of pasture. According to Surety/AgriData the cropland has a productivity rating of 80.3. County soil rating of .713 on the entire property. Taxes: $18,684.18. This property has a minority interest owned by a Broker Associate of Westra Atkins Land & Auction, LLC.  In the case of inclement weather listen to WNAX radio or visit www.westraatkins.com.

CLICK HERE FOR ENTIRE SALE BOOKLET

Legal Description: Tracts 1, 2, 3, 4, and 5 of Atkins Addition in Section 16, Township 95, Range 53, Clay County, SD.

CLICK HERE FOR VIDEO OF ALL 5 TRACTS

CLICK HERE FOR THE SURVEY OF THE TRACTS

CLICK HERE FOR THE SURVEY WITH AERIAL IMAGE

CLICK HERE FOR CERTIFIED WETLANDS DETERMINATIONS (4 PAGES)

 

The land will be offered as follows: Choice will be offered on Tracts 1 & 2. The successful bidder will have the option to purchase the tract of his choosing or both tracts. If the winning bidder only desires one tract, the remaining tract will be offered as an individual tract. Choice will be offered on Tracts 3 & 4. The successful bidder will have the option to purchase the tract of his choosing or both tracts. If the winning bidder only desires one tract, the remaining tract will be offered as an individual tract. Tract 5 will be offered as an individual tract.  All Tracts will be sold as surveyed acres X final price bid.

 

According to the FSA Tracts 1 & 2 have 317.57 acres of cropland with a 197.80 acre corn base/ 135 bushel PLC yield, and 119.76 acres soybean base/40 bushel PLC yield. If the tracts are sold separately the FSA will reconstitute the land after closing.

 

Tract 1: 177.02 +/- surveyed acres, located in the NE ¼ of the section, includes cropland, waterway and roads. According to Agridata/Surety the land has a productivity rating of 82.3. Predominate soils include Egan-Ethan-Trent complex, 1-6 percent slopes and Egan-Trent silty clay loams, 1-6 percent slopes.

CLICK HERE FOR A MAP OF TRACT 1

CLICK HERE FOR A SOIL MAP OF TRACT 1

 

Tract 2: 153.39 +/- surveyed acres, located in the SE ¼ of the section, includes cropland, roads and a non-functioning well. According to Agridata/Surety the land has a productivity rating of 79.8 Predominate soils include Egan-Ethan-Trent complex, 1-6 percent slopes and Davison-Chancellor complex, 0-3 percent slopes.

CLICK HERE FOR A MAP OF TRACT 2

CLICK HERE FOR A SOIL MAP OF TRACT 2

 

According to the FSA Tracts 3 & 4 have 210.13 acres of cropland with a 136.50 acre corn base/ 135 bushel PLC yield, and 73.63 acres soybean base/40 bushel PLC yield. If the tracts are sold separately the FSA will reconstitute the land after closing.

 

Tract 3: 99.61 +/- surveyed acres, located in the NW ¼ of the section, includes cropland, roads and 17.1 acres of CRP with an annual payment of $278.86 per acre through 2026.  According to Agridata/Surety the land has a productivity rating of 78.5. Predominate soils include Egan-Ethan-Trent complex, 1-6 percent slopes.

CLICK HERE FOR A MAP OF TRACT 3

CLICK HERE FOR A SOIL MAP OF TRACT 3

 

Tract 4: 157.59 +/- surveyed acres, located in the SW ¼ of the section, includes cropland, roads and 22.2 acres of CRP with an annual payment of $278.86 per acre through 2026.  According to Agridata/Surety the land has a productivity rating of 78.4. Predominate soils include Egan-Ethan -Trent complex, 1-6 percent slopes.

CLICK HERE FOR A MAP OF TRACT 4

CLICK HERE FOR A SOIL MAP OF TRACT 4

 

Tract 5: 116.50 +/-surveyed acres, pasture. The tract runs north and south in the middle of the section. Pasture can be divided into two units for grazing (north unit includes rural water/tank and the south unit includes stock dam/non-functioning well). According to Agridata/Surety the land has a productivity rating of 70. Predominate soils include Ethan-Davison-Tetonka complex, 0-6 percent slopes; Egan-Chancellor-Davison complex, 0-3 percent slopes and Egan-Ethan-Trent complex, 1-6 percent slopes.

CLICK HERE FOR A MAP OF TRACT 5

CLICK HERE FOR A SOIL MAP OF TRACT 5

 

TERMS:  15% nonrefundable down payment the day of the auction with balance due at closing on or before April 23, 2019. Possession of the land will be given at closing, however upon making the non-refundable down payment, the buyer may begin field work for the 2019 crop year. Failure to close, as per the terms of the purchase agreement, shall result in forfeiture of the down payment and work performed. Title insurance and closing costs split 50/50 between buyer and seller. 2018 taxes due in 2019 to be paid by the seller. 2019 taxes due in 2020 to be paid by the buyer. 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 statutes.  Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property.  The property is sold in as is condition and as a cash sale with no financing contingency.  Sold subject to existing easements, restrictions, reservations, or highway of record, if any. Information is deemed to be correct but it is not guaranteed. On Tracts 3 and 4, the buyer(s) will receive 100 % of the payment on the CRP acres payable in 2019, with no proration and will be obligated to succeed to the contract and comply with all the remaining terms and provisions of the existing terms of the CRP contract; furthermore any buyouts or penalty due for cancellation or non-compliance with the terms of the CRP contract will be the responsibility of the new owner(s). All prospective buyers are encouraged to inspect the property and verify all data provided.  Statements made the day of sale take precedence over all written advertising.  Real Estate licensees are agents for the seller.  Sold subject to confirmation of owners.

 

Atkins Family LP, Owner

 

Pete Atkins, Manager

Thomas Frieberg, Closing Attorney

 

Joel R Westra, Broker, Beresford, SD 605-310-6941

Pete Atkins, Broker Associate, Tea, SD 605-351-9847

Joel A Westra, Broker Associate, Chancellor, SD 605-957-5222

Phil Eggers, Broker Associate, Renner, SD 605-351-5438

Craig Atkins, Broker Associate, Tea, SD 605-351-9850

Mark Zomer, Vande Vegte Zomer Auctions, Rock Valley, IA 712-470-2526