311.04 +/- Acre Land Auction, Moody County, SD

November 2, 2023 10:00 am

Fremont Twp., Moody County, SD

Bid Online!

Directions

We will offer the following farms at public auction. The sale will be conducted at Tract 1. From Lake Campbell Sportsman’s Club, 1 mile to the east on Moody County Rd 2 then turn South on 469th Ave. for a 1 mile. From Nunda/Ward I29 Exit, go west 3 ½ miles on 223rd St., then go North 1 ½ miles on 469th Ave.

Tract 1 Sold for $12,100 Per Acre - Tract 2 Sold for $4,800 Per Acre -Tract 3 Sold as Individual Tracts - Tract 4 Sold for $6,400 - Sale Total $2,508,766.00

Auctioneer Notes

Here is an opportunity to purchase up to 311.04 +/- acres all in the same section. The farms feature productive land that includes a mixture of a nearly all tillable row crop tract, a pasture grassland tract, and mixture of tillable and pasture tract located in Moody Co., SD. This auction presents an excellent opportunity if you are in the market as a farmer or investor. These tracts of land are all in a very good agricultural area and have good access. The auction will be conducted live on site at Tract 1, with online bidding available. Aerial Maps, Soil Maps, Tile Maps, Plat Maps and FSA-156EZ (PLC Yield) for all farms are available through our website or office. All Tracts are free and clear for the 2024 crop year. Live Auction On-Site with Online Bidding Available. Don’t miss this excellent opportunity!

Overview

Tract 1 – 105.1 +/- Acres This exceptional, nearly all tillable farm lays level with great eye appeal. According to Surety AgriData, it consists primarily of Class I & II soils and has a soil rating of 83.2. Per the FSA office, the farm has 103.75 cropland acres. This farm has recently installed drain tile in 2020. The farm utilizes more acres for production by being an inside parcel. The farm will be offered individually or as a unit with Tract 2.
Description: 105.1 +/- Acres the survey part in NE ¼ of Sec. 9, T-108-N, R-50-W, Fremont Twp., Moody Co., SD

Tract 2 – 50.6 +/- Acres Located to the north of Tract 1, these 47.75 +/- acres are made up of class II soils. Per the Surety AgriData the farm has a strong soil rating of 71.7, with potential produce row crop ability. The pasture has established fences and a natural water source. The farm will be offered individually or as a unit with Tract 1. This 50.6 +/- Acres could qualify for a building permit. Excludes existing building site.
Description: 50.6 +/- Acres the survey part in the NE ¼ of Sec. 9, T-108-N, R-50-W, Fremont Twp., Moody Co., SD

Tract 3 – 155.7 +/- Acres (Combination of Tract 1 & 2)
Description: 155.7 +/- Acres NE ¼ of Sec. 9, T-108-N, R-50-W, Fremont Twp., Moody Co., SD

Tract 4 – 155.34 +/- Acres This farm lies directly SW of Tract 3 in same section. Per the FSA office, the farm has 97.00 cropland acres. Additionally, the remaining acres are fenced in, and utilized for pasture grazing. This farm has recently installed drain tile 2020. The farm is predominantly comprised of Class II soils with a rating of 73.7, per Surety AgriData.
Description: 155.34 +/- Acres SW ¼ Exc. S-388’ E-523’ W-1518’ Sec. 9, T-108-N, R-50-W, Fremont Twp., Moody Co., SD

MAKE PLANS TO ATTEND THIS AUCTION AND COME PREPARED TO BUY.

Description

SW 1/4 & NW 1/4 of Sec. 9, T-108-N, R-50-W, Fremont Twp., Moody Co., SD - Excluding Building Sites

Terms

10% non-refundable earnest money deposit due day of sale with balance due at closing. Tract 1, Tract 2, or Combination of 1 & 2 will close on or before December 15th, 2023. Tract 4 will close on or before January 5th, 2024. Title insurance and closing fees split 50/50 between buyer(s) & seller. All parcels are free for possession for the 2024 crop year. Sellers to pay all the 2023 real estate taxes due and payable in 2024. The new buyer(s) will be responsible for the 2024 RE taxes payable in 2025. Access for fall fieldwork must be approved by the renter, per existing lease. A survey will be provided for Tracts 1 & 2 if sold separately, or if sold as a unit. A preliminary survey has been completed on Tract 1 & 2, and the unit listed as Tract 3. Total acres may vary depending on final survey. The sellers and agents do not make any claims for boundary lines. Fences are not guaranteed to be accurate boundary line representations. New fencing, if any is responsibility of the new buyer per SD Statutes. This property is sold subject to easements, contracts, and restrictions, if any, and is sold subject to confirmation of the owner. New buyer(s) are responsible to conduct their own due diligence for future use and practices. Listed cropland acres are per the FSA office and are not guaranteed to be exact. The sellers do not provide any guarantees, warrantees, or contingencies for parcels. The information provided is believed accurate but not guaranteed, statements made on the day of sale take precedence over previous written material. Buyers or sellers may conduct a 1031 exchange. The Auctioneers & Brokerage firm represents the sellers in this transaction.

Owner

Rieck Family Partnership, LLP

Additional Information

LAND BROKERAGE FIRM & AUCTIONEERS Burlage Peterson Auctioneers & Realtors, LLC Office@burlagepeterson.com or 605-692-7102 Chuck Sutton Auctioneer & Land Broker, LLC