93.52+/- Acre Hanson County, SD Land Auction

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Description

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93.52+/- Acre Hanson County, SD Land Auction

Saturday, April 18th at 11:00am CT

Auction to be held on site

Physical Address: 1/2 mile South of I-90 and Riverside Exit on Riverside Drive, then 1/2 mile east on 255th St., Mitchell, SD.

 

Legal Description: S 495’ W 660’ SW4SE4 29-103-59 and SE4 (Less S495’ W660’ SW4SE4; Lot A Snells SubDiv; Hafner Tract 1; Lot BC-1; Lot H1, Menning Tract 1) 29-103-59, Hanson Township, Hanson County, South Dakota
2025 Taxes due in 2026: $2,166.54 / year
Property Description: This property is located directly south of I-90, providing excellent access and visibility while offering a diverse range of agricultural and investment opportunities. The tract features a construction ready building site with a prime scenic overlook nestled among mature trees on the southern portion of the property. The remaining acreage is predominantly grassland with strong farming potential. With a Soil Productivity Index (SPI) of 62.3, this property offers solid agricultural capability relative to the region.
According to the FSA Form 156EZ there are 81.41 DCP Cropland acres. 28.36 CRP acres and 53.05 Effective DCP Cropland acres.
            DCP Base Acres                 PLC Yield
Oats                      3.45                           58
Corn                     24.90                          49
Grain Sorghum   24.70                           53
This property presents an excellent opportunity for producers, investors, hunting or conservation-minded buyers seeking a sizable agricultural holding with established FSA base acres. There is a potential $70,000.00 contract for clay mining from the DOT in 2027. Current CRP contract of $224.00 per acre on 28.36 expires in 2032. Current contract will transfer to new buyer. If a buyer elects to terminate the CRP contract, the seller is willing to assist with arrangements as needed.

Terms: A 15% non-refundable earnest money deposit along with a signed Purchase Agreement is required the day of the auction. No contingency for financing will be accepted. Possession at closing on or before May 30, 2026. Title Insurance & Closing Service Fees will be divided equally between Sellers & Buyers with closing to be held at 605 Title Company, Mitchell SD. Cash at Closing. 2025 RE Taxes due & payable in 2026 will be paid by Seller. 2026 taxes due in 2027 will be prorated to date of closing. Real Estate Taxes 2026 and beyond will be the responsibility of the Buyer. Information on this property was obtained from the Hanson County governmental offices & is deemed reliable but is not guaranteed by the Sellers or Dean/Edwards Real Estate & Auction, who are representing the Sellers only in this transaction. Sellers retain the right to reject any and/or all offers. No warranty is being made or implied as to the property boundaries, soil productivity, water supply, or environmental hazards, if any. Announcements made day of auction will take precedence over printed materials.

Sale conducted by: Dean Edwards Real Estate and Auction
Justin Dean – Broker/RE Auctioneer – 605-999-4239
Lanning Edwards – RE Auctioneer/Broker Associate – 605-999-1250
Austin Messmer – Broker Associate – 605-353-5001
Kelbi Dean-Messmer – Broker Associate – 605-999-8812
Bill Maddocks – Broker Associate – 605-933-0246
Steve Larson – Broker Associate – 605-770-9818

Auctioneer

Dean/Edwards & Associates, LLC

23390 SD Hwy 37
Artesian, SD 57314

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Phone Number
605-999-4239
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