160 +/- Acre Land Auction, Kingsbury Co., SD

October 10, 2024 10:00 am

Baker 'S' Twp. ,Kingsbury County, SD

Bid Online!

Directions

Located from Arlington, SD, 8 ½ miles west on Hwy 14 then ½ mile south on 445th Ave.; or from Lake Preston, SD, 3 miles east on Hwy 14 then ½ mile south on 445th Ave.

Sold for $11,500 Per Acre or $1,840,000.00

Auctioneer Notes

This auction presents the opportunity to purchase a choice & virtually all tillable Baker South Twp., Kingsbury County, SD Land. This land has predominately good class I & II soil! This land is situated between Arlington and Lake Preston, SD and just ½ mile off Hwy. 14 in a prominent agricultural area. The auction will be held live on-site at the land with online bidding available day of the sale.

Overview

This property consists of an extremely choice & nearly 100% tillable parcel of land with productive soil, good access being located just ½ mile off Hwy. 14, and excellent eye appeal situated in Kingsbury County, SD. According to FSA information this property has approximately 154.63+/- acres of cropland. Surety Agri Data, Inc. indicates this land has a strong soil productivity rating of 84.5 with nearly 100% of the soil to be Class I & II soil types consisting of Poinsett-Buse-Waubay and Waubay-Badger soils. This parcel would make an excellent addition to any area row-crop farming operation or to add to your investment portfolio!

Description

NE ¼ of Sec. 9, T-110-N, R-54-W, Baker South Twp., Kingsbury Co., SD

Terms

10% non-refundable earnest money deposit due the day of sale with balance due on or before November 21, 2024. Title insurance and closing fees split 50/50 between buyer & seller. The sellers will pay the 2024 real estate taxes due and payable in 2025 with the new buyer(s) to pay the 2025 real estate taxes due in 2026 and beyond. Sellers do not guarantee that existing fences lie on the true boundaries, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. The total acres, cropland acres, yields and bases are per Kingsbury Co., and the FSA office. This land is rented for the 2024 crop year with the new buyer(s) to receive possession after the lease expires. The new buyer(s) is responsible for conducting their own due diligence for any future uses and practices with the property. The land is sold subject to easements, contracts, and restrictions, if any, and is sold subject to confirmation of the owners on the day of the sale. The information contained herein, and all statements and descriptions made are believed to be accurate but not guaranteed. Buyers or sellers may conduct a 1031 exchange. The auctioneers represent the seller in this transaction.

Owner

Wayne Olson

Additional Information

AUCTIONEERS & REALTORS Burlage Peterson Auctioneers & Realtors, LLC Land Brokers - Auctioneers - Realtors - Farm Managers Office@burlagepeterson.com or 605-692-7102