Pukwana Real Estate Online Only Auction
Bidding opens on October 8th at 12:00am CT
Bidding Begins to Close: Tuesday, October 13th, 2026 @ 6:00 PM CT
Address: 112 Stockwell, Pukwana, SD 57370
CLICK HERE FOR AUCTION TERMS, CONDITIONS, REGISTRATION & MORE!
Pukwana Investment & Equity-Building Opportunity — Two Residences on .33 Acre
Whether you are looking for an affordable home you can improve over time, a renovation project, or an investment property with additional rental income, 112 Stockwell offers an interesting opportunity in Pukwana.
Situated on a 100ft x 142ft (.33-acre) property, the real estate includes a circa-1910 home and an older mobile home currently being used as a rental. Both residences are located on the same parcel and will sell together as one property.
The main home features two bedrooms, one full bathroom, an eat-in kitchen and a spacious living room with wood flooring that offers potential for refinishing. A full basement provides additional utility space and includes a half bath.
This home is ready for its next chapter. The interior is ready to be renovated, and the home was previously occupied by a smoker. While there is plenty of work to be done, the home appears to offer a solid starting point for renovation. For the buyer willing to invest, this property presents an opportunity to build equity. Contractors, handymen and do-it-yourself buyers will appreciate the chance to renovate the property according to their vision.
An older two bedroom mobile home is also situated on the property and is currently occupied by a tenant on a month-to-month lease at $350 per month. Limited information is presently available regarding the mobile home, and prospective buyers should conduct their own inspection and due diligence. For an investor, the second residence provides an existing source of rental income with potential to complement the main house.
If you are looking for an affordable property where cleanup, repairs and renovation could translate into additional value, 112 Stockwell deserves a look.
$25,000 Starting bid meets the reserve!
For more information or to schedule a private showing, contact us at 605-234-4214.
Owner(s): Layne Hantke - formerly Linda Hantke Estate
112 Stockwell - Pukwana, SD
Auction Terms
All potential bidders will need to be approved by the Auction Company prior to bidding using the following requirements/terms.
1. Each party must register with their full legal name, current mailing address, telephone number and email address.
2. Each party must provide auction company with ONE of the following: 1) A bank issued pre-approval letter stating the buyer is approved for the starting bid of at least $25,000 and up to the respective bidder's maximum. 2) A bank/financial services company issued letter stating the buyer has cash and/or line of credit available for the starting bid of at least $25,000 and up to the respective bidder's maximum.
3. Buyer and Seller agree to execute a written purchase agreement within 24 hours of auction closing.
4. Buyer shall deposit $5,000 (Five Thousand dollars) non-refundable earnest money at time of purchase agreement execution.
5. No Buyer contingencies of any kind are offered, nor will any be accepted. These include but are not limited to appraisal, financing, home inspection & home sale. Potential buyers are expected to have their financial arrangements secured prior to bidding. Buyers who are unable to close because of insufficient funds will be in default and the earnest money will be forfeited.
6. Property Inspection: Each potential bidder shall be responsible for conducting, at their own risk, independent inspections, inquiries and due diligence concerning the property. Each potential bidder shall be liable for any property damage caused by any such inspections or investigations. Seller makes no warranty whatsoever about the property and specifically disclaims all warranties of fitness for a particular purpose or any warranty of habitability. Property sells in AS-IS condition.
7. Closing & possession date shall be on or before August 25, 2026 at Brule County Abstract, Chamberlain, SD. The closing fee shall be divided equally between the buyer and seller.
8. Merchantable title shall be conveyed by Warranty Deed. Owner's title insurance will be provided with the cost divided equally between buyer and seller.
9. Property is being sold by legal description only. Seller is not aware of any boundary issues.
10. 2025 Real Estate taxes due and payable in 2026 will be paid by the Seller at closing. 2026 Real Estate taxes due and payable in 2027 shall be pro-rated to the date of closing based on the most current county information.
11. Chisum E. Peterson, Broker and Peterson Land & Auction LLC, Brokerage Firm, represent the Seller Only in this transaction.
12. No Buyer's Premium on this auction.
13. The laws of the State of South Dakota governs this agreement. Any dispute arising from the terms of this auction shall be brought in a court of Brule County, South Dakota.
Auction Documents
Hantke_112 Stockwell_Data Sheet.pdf
49.3 MB
Disclosure Layne Hantke-08282026105944.pdf
207.0 kB
Contacts
Chisum Peterson
chisum@petersonlandauction.com
(605) 234-4214
(605) 730-4214
Auction Removal Times
Not applicable.
Auction Preview
Property Location: 112 Stockwell, Pukwana, SD
Property shown by appointment only.
Buyer brokers are welcome to show, No compensation available from the seller.
