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480 Acres * Farm Land & Ranch Land
Wednesday, June 12, 2019 - 1:00 PM (MT)
Auction Location: Martin, SD
 

Offered in 4 affordable tracts & as entire unit
Bennett County – northwest of Martin, SD
Only 2 miles off Hwy 18
LAND AUCTION

Auction held at Crossroads Inn Convention Center in Martin, SD

Directions to property: At Martin, SD, go 7 ½ east on Hwy 18, then 2 north on 226th St. From Exit 150 on I-90 at Kadoka, SD, go 46 south on Hwy 73 to Hwy 18, then 4 west, & 2 north.****Maps & info are in mail box at property. Tract Signs are posted & ribbons mark corners.

• Contiguous & Adjoining, along a gravel road
• Wells
• Electricity
• Working Windmill
• Farmland, Hay Ground, & Pasture with some protection
• Easy Access: Only 2 miles from paved Hwy 18, on a gravel road that touches each tract
• Hunting

Offered in 4 Tracts and as Entire Unit

Tract 1: 160 acres ~ SE 1/4 Sec. 20 ~ Rolling Pasture Land, with some deeper draws for fall protection ~ Well, Tank and Working Windmill ~ Stock Dam on west side ~ Canyon-Oglala Loam soils ~ Fenced ~Taxes for 2018: $ 292.96

Tract 2: 120 acres ~ S1/2 SW 1/4, NE 1/4 SW 1/4 Sec. 21 ~ Mostly grass & alfalfa ~ Presently used for hay ground ~ Mostly Keith-Rosebud silt loams, with a productivity rating of 82, with some Mobridge silt loam and Keith silt loams, with productivity ratings of 91 and 85 ~ Fenced, but needs some upkeep ~Taxes for 2018: $ 857.96

Tract 3: 40 acres ~ NW 1/4 SW 1/4 Sec. 21 ~ Good smaller tract, near town, for someone who wants to place a home or barn, and have some horses or a few cows ~ Has a well, tire tank, and electricity ~ Good soils, but has some slope ~ 6.10 acres are currently cropped in the field with Tract 4 ~ Fences are not on legal boundaries, but usage could be traded with Buyer(s) of the other tracts ~ Or, Fences could be moved onto correct legal lines ~ Great property to add onto any of the other tracts ~ Presently, cattle can pass through a culvert under the road to reach the grass on Tract 1 ~ Taxes for 2018: $ 285.99

Tract 4: 160 acres ~ NW 1/4 Sec. 21 155.36 tillable acres ~ Crop productivity is mostly 82 to 91 with its silt loams ~ Has winter wheat stubble on it now ~ Easy equipment access with the gravel road along the north and west, and only 2 ½ miles from Hwy 18 ~ Electricity along north and west, but no meters on the property ~ Taxes for 2018: $ 1143.95

Property Showings: Inspect property on your own, or auctioneers will be on property for guided tours and to answer questions on:
Wednesdays May 29 and June 5 from 1-3 pm

FSA Crop Bases: According to FSA 156 Farm Record, this property has 467.72 farmland acres, with 278.08 acres of that as cropland. Crop Bases will be divided according to established FSA procedures. Total Base acres of 161.6 acres, with Crop Base Acres of Wheat: 96.3 acres, Corn: 65 acres; and Barley: 27.4 acres

Soils: The main soil types are Mobridge silt loam, Keith-Rosebud silt loams, Oglala-Canyon loams, Canyon-Oglala loams, Lohmiller silty clay loam, and Keith silt loam. The cropland in the NW 1/4 of Sec. 21 (Tract 4) has productivity indexes up to 91, with its weighted average being 77.3. Tracts 2 and 3 range from 38 to 91, with a few acres of more hilly ground.. The weighted average productivity for Tracts 2 and 3 is 53.4.

Real Estate Taxes: Seller pays all of the 2018 Real Estate Taxes, due in 2019. The Buyer will pay all the 2019 taxes, as they come due in 2020. Taxes for 2018 were $ 2580.86.

Electric: There is one electric meter, located in SW 1/4 of Sec. 21 (Tract 3). C & J Ranch will cooperate in the transfer of that meter to the new owner of Tract 3. Electricity lines run north and south along 226th St, bordering all tracts. Electricity runs east and west along the north side of Tract 4. It should be easy to add electricity to any of the tracts.

Mineral Rights: Any mineral rights, if any, held by the Seller, will transfer to the Buyer.

Terms: Successful bidder will deposit 20 % irrevocable earnest money on Auction Day w/balance due in certified funds on or before July 17, 2019. Property sells without buyer contingency. Have financial arrangements secured prior to bidding. Marketable title transferred by Warranty Deed, subject to any easements, restrictions, or reservations of record. Acreage determined by Bennett County Assessor and not guaranteed. Land will sell by legal description only. No surveys provided.

Fencing: Fencing is adequate around pastured areas. Tract 3 is fenced, but not on all of the legal boundaries. New buyers will be responsible for any additional fencing. Or, they can cooperate with the other Buyers to determine a “trade-off” of usage, or “rental” for acres on opposite sides of legal boundaries, if they don’t wish to change the fenceline.

Title Insurance, Closing, & Possession: Sandra Heaton of Haakon County Abstract, will conduct the closing. Policy is available for inspection prior to auction. Title Insurance & Closing Agent Fee will be split between Buyer & Seller. Buyer(s) get possession of the property on day of closing.

Inspect Property to the extent deemed necessary, and rely upon your own judgment when bidding. Do your own research both onsite and offsite. Descriptions and information are from sources deemed reliable; however, neither the Seller, Auctioneer, nor associated personnel is making any guarantees or warranties, actual or implied. Property is sold “As-is, Where-is.”

Announcements made at Auction take precedence over any printed material or prior representations. Auctioneers represent Seller in this transaction.

480 acres, more or less
Legals: Township 38 N, Range 36 E east of the 6th Principal Meridian in Bennett County, SD
(160 acres) Sec. 20: SE 1/4
(320 acres) Sec. 21: W 1/2

Broker Participation Invited

 
 
Owner: C & J Ranch, Clayton Merchen & James Merchen

Managed & Conducted by:
Piroutek Auction Service - Dan Piroutek, South Dakota
E-mail: dpiroutek@goldenwest.net  Phone: 605-544-3316  
Web Site: http://www.piroutekauction.com
Arneson Auction Services - Lonnie Arneson, 20886 River Road,
Elm Springs, SD 57791
E-mail: larneson@gwtc.net  Phone: 605-798-2525  
Web Site: http://www.arnesonauction.com

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