520 +/- Acres in Clark Co, SD Online Only Land Auction

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Description

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520 +/- Acres in Clark Co, SD Online Only Land Auction

Bidding begins to close on Thursday, October 8th at 11:00am CT. 

Clark County, SD

 

Tract 1 Information:

Legal Description: NW 1/4 23-115-58 Clark Co, SD.

Tillable Acres Productivity Rating: 78.2 PI

2026 Taxes: $2,140.26

Taxable Acres: 160 +/-

FSA Cropland Base Acres, and PLC Yields:

Farmland- 155.00 Acres

Cropland- 142.61 Acres

CRP- 0.00 Acres

Corn- 30.97 Acres

PLC Corn Yield- 130

Soybeans- 38.02 Acres

PLC Soybean Yield- 38

CRP: None on record.

FWS Easements: None. 

 

Tract 1 Documents

Auction ProspectusX

Tillable Soils Map

Surety Map

Topo Map

FSA Map

156EZ Farm 5497. All Tracts

Wetland Determination

Tax Statement

Plat Map by Parcel

 

Tract 2 Information:

Legal Description: SE 1/4 22-115-58 Clark Co, SD.

Tillable Acres Productivity Rating: 73.6 PI

2026 Taxes: $1,591.52

Taxable Acres: 160 +/-

FSA Cropland, Base Acres, and PLC Yields:

Farmland- 152.77 Acres

Cropland- 94.10 Acres

CRP- 0.00 Acres

Corn- 20.43 Acres

PLC Corn Yield- 130

Soybeans- 25.08 Acres

PLC Soybean Yield- 38

FWS Easements: None on record.

Wetland Determination: Yes. A copy of the most recent Wetland Determination on file can be found in the "files" tab associated with each Tract.

 

Tract 2 Documents

Auction ProspectusX

Tillable Soils Map

All Soils_Tillable and Grassland

Surety Map

Topo Map

FSA Map

156EZ Farm 5497. All Tracts

CRP Contract

Wetland Determination

Tax Statement

Plat Map by Parcel

 

Tract 3 Information:

Legal Description: NW 1/4 NW 1/4 36-115-58 Clark Co, SD.

Tillable Acres Productivity Rating: 69.6 PI

2026 Taxes: $400.82

Taxable Acres: 40 +/-

FSA Cropland Base Acres, and PLC Yields:

Farmland- 38.42 Acres

Cropland- 38.42 Acres

CRP- 0.00 Acres

Corn- 9.2 Acres

PLC Corn Yield- 130

Soybeans- 9.5 Acres

PLC Soybean Yield- 38

Wheat- 4.8 Acres

PLC Wheat Yield- 31

Barley- 11.40 Acres

PLC Barley Yield- 40

CRP: None.

FWS Easements: None on record.

Wetland Determination: Yes. A copy of the most recent Wetland Determination on file can be found in the "files" tab associated with each Tract.

 

Tract 3 Documents

Auction ProspectusX

Soils Map

Surety Map

Topo Map

FSA Map

156EZ Farm 5497. All Tracts

Wetland Determination

Tax Statement

Plat Map by Parcel

 

Tract 4 Information:

Legal Description: SE 1/4 15-115-57 Clark Co, SD.

Tillable Acres Productivity Rating: 74.9 PI

2026 Taxes: $1,598.38

Taxable Acres: 160 +/-

FSA Cropland and Base Acres:

Farmland- 156.92 Acres

Cropland- 138.69 Acres

CRP- 74.24 Acres

Corn- 3.5 Acres

PLC Yield- 130

FWS Easements: Yes. A copy of the easement can be found in the "files" tab associated with each Tract.

 

Tract 4 Documents

Auction ProspectusX

Tillable Soils Map

All Soils Map

Surety Map

Topo Map

FSA Map

156EZ Farm 5497. All Tracts

CRP Contract

Wetland Determination

FWS Easement

Tax Statement

Plat Map by Parcel

 

INFORMATION FOR ALL TRACTS:

CRP: All 2027 program year CRP income will be 100% the Buyers. Buyer agrees to cooperate with the Seller, and the Seller agrees to cooperate with the Buyer to successfully transfer any existing CRP contracts to the Buyer for program year 2027 and thereafter. Buyer is responsible for completing the CRP contract assumption with the local FSA office promptly after recording of the deed. Any penalties due to any violation of existing CRP contracts occurring on or after closing — including any required refund or repayment of prior CRP payments, interest, or liquidated damages assessed by FSA/USDA, and including any violation arising from Buyer's failure to timely assume the contracts — will be the sole responsibility of the Buyer, and Buyer will indemnify and hold Seller harmless from those amounts. Seller remains responsible for any violation occurring prior to closing. This provision survives closing and the delivery and recording of the deed. Bidders can inspect the CRP contracts as well as FSA maps located in the "Files" tab under each respective Tract. 

Tract 2: CRP Acres- 34.06. Annual Payment- $1,676.00. Expiration- 9/30/2039.

Tract 4: CRP Acres- 74.24. Annual Payment- $12,472. Expiration- 9/30/2039.

 

Wetland Determination: Yes. A copy of the most recent Wetland Determination on file can be found in the "files" tab associated with each Tract.

 

Possession: Landlord Possession will be given upon successful closing. This farm is currently under lease until December 31st, 2028. If declared, the winning Bidder will sign and execute a lease assumption provided by the Seller at the same time as the purchase agreement. Under the new lease assumption, the Tenant will be responsible to pay the assigned Lessor per the terms of the original lease. 

 

Lease Assumption: By registering to bid or placing a bid, you agree to be bound to execute the Lease assumption provided by the Seller at the same time as the purchase agreement. The lease terms per parcel will be as follows for years 2027 and 2028. All payments will be paid semiannually with the first half of the rent due and payable by April 15th and the second half of the rent due and payable by October 1st of each crop years 2027 and 2028 accordingly. In the event there is more than one successful bidder, the lease will be assigned per parcel based on the formula below:

 

TRACT 1: 139 Tillable Acres X $180/Tillable Acre: $25,020 annually. Semiannual payments paid as follows: 

- 2027 Crop Year: $12,510 due by April 15th, 2027, $12,510 due by October 1st, 2027. 

- 2028 Crop Year: $12,510 due by April 15th, 2028, $12,510 due by October 1st, 2028.

 

TRACT 2: 93 Tillable Acres X $180/Tillable Acre: $16,740 annually. Semiannual payments paid as follows: 

- 2027 Crop Year: $8,370 due by April 15th, 2027, $8,370 due by October 1st, 2027. 

- 2028 Crop Year: $8,370 due by April 15th, 2028, $8,370 due by October 1st, 2028.

 

TRACT 3: 36 Tillable Acres X $180/Tillable Acre: $6,480 annually. Semiannual payments paid as follows:

- 2027 Crop Year: $3,240 due by April 15th, 2027, $3,240 due by October 1st, 2027. 

- 2028 Crop Year: $3,240 due by April 15th, 2028, $3,240 due by October 1st, 2028.

 

TRACT 4: 52 Tillable Acres X $180/Tillable Acre: $9,360 annually. Semiannual payments paid as follows:

- 2027 Crop Year: $4,680 due by April 15th, 2027, $4,680 due by October 1st, 2027. 

- 2028 Crop Year: $4,680 due by April 15th, 2028, $4,680 due by October 1st, 2028.

 

Sale Method for ALL Tracts: This is an ONLINE ONLY auction. Bidders can bid on the property now and bid until October 8th at 11AM. Any bids placed within the last two minutes of the auction closing will extend the auction an additional two minutes on all tracts. Bidders may combo tracts by being the highest bidder on each tract when the auction closes.

Auctioneer

AgVisors

300 East Kemp Avenue, Suite A
Watertown, SD 57201

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Phone Number
605-809-5552
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