DR JPS SODAK, LLC – Highland Twp., Charles Mix County, SD Land

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Auction Description:

DR JPS SODAK, LLC – Highland Twp., Charles Mix County, SD Land
Date/Time: December 13 @ 1:00 pm
Location: On Site
LAND AUCTION

+/-199 Acres of Productive Highland Twp., Charles Mix County, SD Land with a Mixture of Productive Cropland, CRP, Developed Shelterbelts & Scenic Areas Creating a Wildlife Haven!!

We will offer the following Land at Public Auction Onsite at the Land. Located from Marty, SD – Jct. of 388th Ave & 303rd St. – St. Paul Catholic Church – 2 Miles East on 303rd St. (Follow Curves), & ¼ Mile N. on 390th Ave.

Auction Brochure: https://www.suttonauction.com/wp-content/uploads/2024/11/DR-JPS-SODAK-LLC-CHARLES-MIX-CO.-SD-LAND-AUCTION-2024.pdf

The property being offered consists of a very unique +/-199 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 investment portfolio as well as any area Farming Operation. According to FSA information this property consists of +/-178.81 acres of cropland with a 66.57 acre corn base with a 96 Bu. PLC yield, a 50.23 acre soybean base with a 33 Bu. PLC yield, a 14.70 acre wheat base with a 39 Bu. PLC yield, and a 2.38 acre oats base with a 43 Bu. PLC yield. Currently +/-120.86 acres are indicated to be under row crop production with +/-57.95 acres enrolled in 5 CRP contracts with payments ranging from $150.49/acre to $111.60/acre ending in 2026-2028, 2032 & 2033 generating total revenue of $8,535.00 annually (Copies of contracts available upon request). Information obtained from Surety Agridata Inc. indicates that this parcel has a Productivity Index of a 74.0 with 80% of class II soils. This property has a mixture of Highly Productive Cropland as well as acres utilized for wildlife habitat with developed shelterbelts & 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.

LEGAL DESC.: The NW ¼ of the NW ¼ (Less 1 Ac. School) & the S. ½ NW ¼, NE ¼ of the SW ¼, & the NW ¼ of the SW ¼ in Sec. 35, T. 95N., R. 64W. (Highland Twp.), Charles Mix County, SD

TERMS: A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before January 29, 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 taxable acres, with 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

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