DR JPS SODAK, LLC – +/-166.15 Surveyed Acres of Spring Lake Twp., SD Land

Live Auction

Categories:     LandReal Estate

Auction Date:

January 31, 2025 | 10:00 am

Auction Location / Nearest City:

Epiphany, SD, USA

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Auction Description:

DR JPS SODAK, LLC – +/-166.15 Surveyed Acres of Spring Lake Twp., SD Land
Date/Time:
January 31 @ 10:00 am
Location: Epiphany, SD

Auction Brochure: https://www.suttonauction.com/wp-content/uploads/2025/01/DR-JPS-SODAK-LLC-EPIPHANY-LAND-AUCTION-BROCHURE.pdf

+/-166.15 Surveyed Acres of Spring Lake Twp., SD Land Located at Epiphany, SD with a Mixture of Productive Cropland, Hayland, CRP & Areas for Hunting & Wildlife Habitat!

We will offer the following land at Public Auction with the land located at the Jct. of SD Hwy #25 & 244th St. at Epiphany, SD. (Approx. ¼ Mile West of the Hunter’s Den in Epiphany, SD on 244th St.)

The property being offered consists of a very unique +/-166.15 Acre farm which contains productive farmland but is also income producing with areas enrolled in CRP making this a very attractive property to add to any Farming Operation as well as any investment portfolio. This property has very good location, bordered on the west by SD Hwy. #25. According to FSA information this property consists of +/-124.22 acres of cropland with +/-86.35 acres of effective cropland and +-37.87 acres enrolled in CRP. The property carries a 67.64 acre corn base with a 99 Bu. PLC yield & a 12.20 acre soybean base with a 30 Bu. PLC yield. The current CRP payments are held in 3 contracts ranging from $191.00-$229.00/acre generating $8,412.00 annually with all contracts set to expire in Sept. 2031 (Copies of contracts available upon request). information obtained from Surety Agridata Inc. indicates that this parcel has a Productivity Index of a 67.8 with 75% of class II & III soils. This property has a mixture of Productive Cropland as well as acres utilized for wildlife habitat with trees & CRP acres creating a wildlife mecca for Deer, Pheasants, Turkeys and other wildlife. The 2023 RE Taxes payable in 2024 on this land were $2,696.08. If you are in the market for an extremely unique property which is both income producing and a productive parcel of farmland, make plans to inspect this property & be in attendance at this auction! To make arrangements for absentee bidding, please contact the auctioneers. The 2024 RE Taxes Payable in 2025 on this land are $2,021.68.

LEGAL DESC.: Outlot F Incl H-1 & Inc. Pt. Govt. Lots 3-4 in the NW ¼ and the SW ¼ of the NW ¼ and the SE ¼ in Sec. 3 (Exc. Parcels to be Platted as Tracts 1&2 of Scheuren Addn.), T. 104 N., R. 57 W. Spring Lake Twp., Hanson Co., SD

TERMS: A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before April 1, 2025 with full possession for the 2025 crop year. Marketable Title will be conveyed and owner’s title insurance provided with the cost the owners policy and closing agent’s fee divided 50-50 between the buyer and seller. All of the 2024 RE taxes payable in 2025 will be paid by the sellers. This property will be sold based on a Survey Completed by Midwest Land Surveying Inc., with the acres understood to be more or less. Buyers will continue and succeed existing CRP contracts & will be obligated to comply with the remaining terms and provisions of the existing CRP contracts and by succession will be responsible for any future penalties for noncompliance in the years subsequent to closing – the sellers will retain any or all previous CRP payments and rents including 100% of rents and CRP payments payable in 2024, with the buyer to receive 100% of the CRP payments payable in 2025 with no proration. The seller does not warranty or guarantee that existing fences lie on the true & correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA yields, bases, payments or other info. is estimated and subject to County Committee approval. Information contained herein is deemed to be correct but is not guaranteed. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, and subject to Co. Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the sellers. Sold subject to confirmation of the owners.

DR JPS SODAK, LLC – Owner

TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626

CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – Ph. 605-336-6315

JARED SUTTON CAI – Auctioneer & RE Broker Associate – Flandreau, SD – Ph. 605-864-8527

DR JPS SODAK, LLC – +/-166.15 Surveyed Acres of Spring Lake Twp., SD Land

Epiphany, SD, USA
Epiphany, SD

Auction Location / Nearest City:

Epiphany, SD, USA

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