+/-114.65 Surveyed Acres of Cornwall Twp., Spink County, SD Land

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Auction Description:

Gatzke, Ling, Wentworth & Thorn – +/-114.65 Surveyed Acres of Cornwall Twp., Spink County, SD Land
Date/Time: April 2 @ 1:00 pm
Location: On-Site

Auction Brochure: https://www.suttonauction.com/wp-content/uploads/2025/02/Gatzke-Land-Sprink-County-Brochure-2025-1.pdf

+/-114.65 Surveyed Acres of Cornwall Township Spink County, SD Land Located Near Hitchcock, SD and Tulare, SD – Including a High Percentage Tillable, with this Property and Situated in a Prominent Agricultural Area in Southern Spink County, SD and Near the Northern Line of Beadle County, SD – BUYER TO RECEIVE IMMEDIATE POSSESSION OF THIS LAND FOR THE 2025 CROP YEAR!

We will offer the following real property at auction “On Site” at the Land – Located from Hitchcock, SD (Jct. of 391st Ave. & Hwy. #28/190th St. – 3 miles east on Hwy. #28 and 2 miles north on 394th Ave. to the Northwest Corner of the Land at the Jct. of 394th Ave. & 188th St.; from Tulare, SD – 7 miles south on Hwy. #281, 3 miles east on Hwy. 28/190th St. and 2 miles north on 394th Ave.; or from Huron, SD (Jct. of Hwy’s. #14 & #37 – approx. 18 miles north on Hwy. #37 to Hwy. #28/190th St., then 6 miles west on Hwy. #28 and 2 miles north on 394th Ave.

AUCTIONEERS NOTE: Due to the multi-fractioned ownership in this land the owners have made the decision to offer this property at public auction This auction presents a great opportunity to purchase a high percentage tillable parcel of land located in a prominent agricultural area near Hitchcock and Tulare, SD in Southern Spink, County, SD. This auction truly presents an “opportunity of a lifetime” to purchase this land that has been in this family for over 75 years. Please mark your calendars and make plans to inspect this property prior to the auction and make plans to attend this auction!

This surveyed +/- 114.65 acre farm will be offered as a unit. According to FSA information this +/- 114.65 surveyed acres has approx. 110.15 acres of cropland. FSA indicates that currently there are no established FSA yields or bases. The general topography of this land is level to nearly level. According to the Spink County Assessor this farm has county soil rating of .64.2, comparatively information obtained from Surety Agri-Data indicates this land has a soil index rating of 60.2. The 2024 RE taxes payable in 2025 on this property are $1,395.12. The buyer will receive full possession of this land on sale day, with this land available to the buyer to farm or lease for the 2025 crop year!

LEGAL DESC.: The NW¼, Less the East 38 Acres of Sec. 30, T. 114N., R. 62W., (Cornwall Twp.), Spink County, SD – Containing +/-114.65 Acres .

TERMS: Cash – A 10% nonrefundable downpayment sale day and the balance on or before May 16, 2025 – with full possession on sale day for the 2025 crop year. Marketable Title will be conveyed and an Owners Title Insurance Policy will be provided, with the cost of the owners’ title ins. and closing agent’s fees (Spink County Abstract & Title) to be divided 50-50 between the buyer & sellers. All of the 2024 RE taxes payable in 2025 will be paid by the sellers. The acres being sold are based on the acres as determined by a survey completed by Assurance Land Surveying, with the acres understood to be “more or less”. All survey costs will be paid by the owners. The seller(s) do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the purchaser(s) pursuant to SD Law. FSA cropland acres, yields, bases, payments & other information are estimated and not guaranteed and are subject to County Committee Approval. Information contained herein is deemed to be correct but is not guaranteed. This property is sold in “AS IS” CONDITION and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all Spink County Zoning Ordinances. Some of the owners may desire to utilize this property in connection with a 1031 tax free exchange, and if so, the buyer will agree to cooperate, with any or all costs related to the exchange to be paid by the exchanging party(s). The RE licensees in this transaction are acting as agents for the sellers. Sold subject to confirmation of the owners. For additional information, contact the auctioneers.

BRIAN GATZKE, BRENDA LEE LING, NICHOLE WENTWORTH & JEANNIE THORN, Owners

CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777, JARED SUTTON, CAI – RE Auctioneer & Broker Associate – Flandreau, SD – ph. 605-864-8527; JARK-WORLIE AUCTION SERVICE, LLC – Aberdeen, SD – Val W. Jark – RE Auctioneer & Broker Associate – ph. 605-380-2244 & Merlin Worlie – RE Auctioneer – 605-715-9200 and JOE LUTTER – Auctioneer & RE Broker – Redfield, SD – ph. 605-460-3176

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