160 +/- Acre Land Auction, Kingsbury County, SD

Auction Date:

March 28, 2025 | 10:00 am

Auction Location / Nearest City:

Erwin, SD, USA

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Auction Description:

160 +/- Acre Land Auction, Kingsbury County, SD
Date/Time: March 28, 2025 10:00 am
Address: Kingsbury County, SD
Directions: Located from Erwin, SD (200th St. & 438th Ave.), 1 mile north on 438th Ave., then 1 mile west on 199th St., then 1 mile north on 437th Ave.; or from Bryant, SD, 5 miles south on 437th Ave.; or from De Smet, SD (Hwy 14 & Hwy 25), 7 miles north on Hwy. 25, then 4 miles east on 200th St., then 2 miles north on 437th Ave.

Auctioneer Notes
Live Auction On-Site with Online Bidding Available

Overview
Here’s your opportunity to add quality tillable acres to your farming operation or investment portfolio! Located just northwest of Erwin, northeast of De Smet and south of Bryant, this Kingsbury County farm offers productive cropland with good soils and additional recreational potential. According to the FSA, this property includes 133.23 cropland acres with a soil productivity rating of 65.6, featuring predominantly Poinsett-Buse-Waubay complex soils ideal for consistent yields. The FSA office has those cropland acres with a corn PLC Yield of 131 and a soybean PLC yield of 38. The land is currently rented for the 2025 crop year, with the new buyer(s) to receive a seller enhanced rent credit in the amount of $35,000.00 at closing. Additionally, the west half of the property is subject to a USFW wetland easement, adding conservation value while maintaining productive use of the land. Positioned in a thriving agricultural region near Erwin, Bryant, and De Smet, this farm is an excellent opportunity for expansion or investment. Don’t miss out on this well-located, income-generating property! Contact us today for more details.

Description
SW ¼ in Sec. 8, T-112-N, R-55-W, Hartland West Twp., Kingsbury Co., SD

Terms
10% non-refundable earnest money deposit due day of sale; balance due on or before May 6th, 2025. Closing fees & title insurance will be split 50/50 between buyer(s) & sellers. The farm is rented for the 2025 crop year with the new buyer(s) to receive a seller enhanced rent credit in the amount of $35,000.00 at closing. The sellers will pay the 2024 taxes payable in 2025, and the new buyer(s) are responsible for the 2025 taxes payable in 2026 and beyond. The total acres, cropland acres, yields and bases are per Kingsbury Co., and the FSA office. The new buyer(s) will 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. Preliminary title work has been done on this farm and will be made available to any potential buyer(s) before the auction. This property is sold subject to easements, restrictions and contracts, 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 buyer(s) are responsible for conducting their own due diligence for current or future uses and practices. Buyer(s) or sellers may elect to do a 1031 exchange. The auctioneers and brokerage firm represent the sellers in this transaction.

Owner
Melvin E. & Peggy J. Johnson Family Trust

Additional Information
LAND BROKERAGE FIRM & AUCTIONEERS Burlage Peterson Auctioneers & Realtors, LLC [email protected] or 605-692-7102 317 4th St., Brookings SD / www.burlagepeterson.com