148.43 +/- Acre Land Auction, Hamlin Co., SD

March 25, 2025 10:00 am

Oxford Twp., Hamlin Co., SD

Bid Online!

Directions

Located from Watertown, SD, 8 miles south on Hwy. 81, 4 miles west on Hwy. 22 & 1 ½ mile south on 451st Ave. From Castlewood, 4 miles west on Hwy 22 then proceed 4 miles straight west of Kones Korner on 183rd St. Or from Hayti, 5 miles north on 450th Ave. & ½ mile east on 183rd St.

Sold for $11,200 Per Acre or $1,662,416.00

Auctioneer Notes

This auction presents an opportunity to purchase a quality farm featuring predominantly tillable acres with a smaller portion of grassland acres too, well represented by high rating soils. The sale will be held live at the farm with online bidding available. The new buyer will receive possession at closing!

Overview

This well-located farm has 147.13 cropland acres per the FSA office, and a total soil productivity rating of 79.4. The primary soil on the farm is a strong Class II Poinsett-Waubay Silty Clay Loam, which are ideal for row crops. The farm is currently utilized for corn and soybean rotation and also has 51.69 +/- acres in alfalfa that were seeded in 2019. Currently there also are 31.04 +/- acres that are primarily cut for grass hay but could have a large portion of those acres cultivated and enrolled into row crops, or also used for livestock grazing. The farm is also well located in a strong agricultural area, close to Watertown, Castlewood and Hayti, and just off two paved highways. This farm will produce strong yields or cash rents, and will make for an excellent addition to your farming or investor portfolio!

Description

SE ¼ Less Brekke Addn., Sec. 28, T-115-N, R-53-W, Oxford Twp., Hamlin Co., SD

Terms

10% non-refundable earnest money deposit due day of sale; balance due on or before April 25th, 2025. Closing fees split 50/50 between buyer & sellers. The buyer will receive possession for the 2025 crop year, with early access before closing available with permission from the sellers. The sellers will pay the 2024 taxes payable in 2025, and the buyers are responsible for the 2025 taxes payable in 2026. This property is sold subject to easements and restrictions, if any, and is sold subject to confirmation of owners. The farm is offered as is, where is, without warrantees or guarantees of any kind and sold by the acre per recorded deeded acres. The information contained herein and all statements made are believed accurate but not guaranteed. Sellers do not guarantee fences lie on the true boundaries. New fencing, if any, is the buyer’s responsibility. The buyers are responsible to conduct their own due diligence for current or future uses and practices. Buyers or sellers may elect to do a 1031 exchange. The auctioneers and brokerage firm represent the sellers in this transaction, listed as the Heirs of Helen B. Strohfus, Terry, Daniel, Harvey, Randy Strohfus and Diane Panka.

Owner

HEIRS OF HELEN B. STROHFUS

Additional Information

Burlage Peterson Auctioneers & Realtors, LLC Office@burlagepeterson.com or 605-692-7102 317 4th St., Brookings SD / www.burlagepeterson.com