2260.14 +/- Acre Buffalo County, SD Land Auction
November 5, 2020 - 11am
35188 SD Hwy 34 - Gann Valley, SD
Auction Location: 35188 SD Hwy 34, Gann Valley, SD. Join us for this LIVE, ONSITE public land auction located from Gann Valley, SD, 3 miles north on SD Hwy 45 and 8 miles west on SD Hwy 34 or from Wessington Springs, SD, 29 miles west on SD Hwy 34.
Auctioneer’s Note: Peterson Land & Auction is excited to partner with Westra-Atkins Land & Auction to bring you this outstanding ranch property in Buffalo County, SD! Portions of this land has been in the Etbauer family since the early 1890’s and offers a once in a lifetime buying opportunity in Buffalo County, SD, where land rarely comes up for sale. Located northwest of Gann Valley, SD, the land is divided by SD Hwy 34 offering tremendous ease of access for a large tract of land. FSA data shows 2222.81 acres of ag land made up of, 397.66 acres of cropland, with the balance of the acres in pasture-530 acres hayed-acreages and roads. Corn base: 168.06 acres/94 bushel PLC yield; Soybean base: 70.93 acres/26 bushel PLC yield; Wheat base: 38.05 acres/41 bushel PLC yield; oat base: 18.49 acres/66 bushel PLC yield; Sunflower base: 27.17 acres/1603 lb PLC yield. Water sources include: Mid-Dakota Rural Water, well, Elm Creek and 5 dams (some needing repair). The current tenant runs approximately 200 cow/calf pairs on the pasture with his lease ending March 1, 2021. The land will be available to the new owner for 2021 crop year. Taxes: $8,646.92. We can’t say enough about the excellent opportunities for farming, ranching, hunting and enjoying the outdoors that are afforded by this balanced and well-located property. Come prepared to buy! In case of inclement weather please check our website or listen to WNAX radio.
For property inspection instructions, please contact Chisum Peterson, 605-730-4214 or Joel Westra, 605-310-6941. Auction information also available at www.westraatkins.com.
The land will be offered in multiple tracts and as an entire unit
Tract 1. 156.01 acres. SOLD! $2475/acre. Legal Description: NW 1/4 less 3.99 Acres (Lot H-1), 17-107-69, soil rating: 0.679, Agridata/Surety productivity rating of 73.2. Predominate soils: Promise clay, 0-3 percent slopes and Ree loam, 0-7 percent slopes. FSA data shows 146.73 acres of beautiful, flat croplandthat would make an excellent addition to a current agriculture operation.
Tract 2: 1187.90 Acres. SOLD! $1225/acre. Tract 2 brings a lot to the table in terms of location, access and a headquarters site included with a large grazing & hay unit. Tract 2 is located south of SD Hwy 34 and includes 30.83 acres cropland, with the balance in pasture of which 490 acres are hayed. Tract 2 also includes a 22 acre acreage north of SD Hwy 34 featuring an 1100 sq ft, two story, three bedroom home, outbuildings and two rural water pits/meters-one for the acreage, the other for a pasture tap for the pasture south of SD Hwy 34 which is watered by three water tanks in different locations. Note, Buffalo County owns an election building located at the acreage site north of SD Hwy 34 used as a voting location
Tract 2 Legal Descriptions:
Lot 2(a): E 1/4 except 3.33 Acres (Lot H-2 1.36 A), 14-107-70, 156.67 acres, 0.480 Soil Rating
Lot 2(b): W 1/2 NE 1/4 less 1.78 Acres (H-2 .77 A).13-107-70, 78.22 acres, 0.423 Soil Rating
Lot 2(c): E 1/2 NE 1/4 less 1.74 Acres (H-1 .74 A), 13-107-70, 78.26 acres, 0.432 Soil Rating
Lot 2(d): Lots 1-2 & SE 1/4 of NW 1/4 less H-2 .68 A, 18-107-69, 122 acres, 0.394 Soil Rating
Lot 2(e): NE 1/4 NW 1/4 less 2.74 Acres (H-2 .71 A), 18-107-69, 37.26, 0.369 Soil Rating
Lot 2(f): S 1/2 NW 1/4 NE 1/4 & SW 1/4 NE 1/4, 18-107-69, 60 acres, 0.341 Soil Rating
Lot 2(g): E 1/2 NE 1/4, 18-107-69, 80 acres, 0.580 Soil Rating
Lot 2(h): E 1/2 SW 1/4, 13-107-70, 80 acres, 0.406 Soil Rating
Lot 2(i): SE 1/4, 13-107-70, 160 acres, 0.421 Soil Rating
Lot 2(j): Lots 3-4 & E 1/2 SW 1/4, 18-107-69, 155.49, 0.348 Soil Rating
Lot 2(k): SE 1/4, 18-107-69, 160 acres, 0.378 Soil Rating
Lot 2(acreage) 20 acre acreage located in the S 1/2 SE 1/4, 7-107-69
Tract 3: 916.23 Acres. SOLD! $1480/acre. Tract 3 is located north of SD Hwy 34 and includes approximately 220 acres of cropland with the balance pasture and a 5.5 acre acreage site/older buildings, 6500 & 3000 bu grain bins with fans, rural water and well. Served by a maintained gravel road, Tract 3 gives buyers the ability to raise feed or cash crop in addition to the moderate sized pasture unit. The existing building site is located one mile north of SD Hwy 34 and is a nice opportunity for an additional home place-if needed.
Legal Descriptions of Tract 3:
Lot 3(a): SW 1/4, 6-107-69, 160 acres, 0.523 Soil Rating
Lot 3(b): SE 1/4, 5-107-69, 160 acres, 0.565 Soil Rating
Lot 3(c): Lots 7-8-9, 7-107-69, 122.12 acres, 0.578 Soil Rating
Lot 3(d): Lots 3, 4, 7, & 8, 8-107-69, 176.46 acres, 0.418 Soil Rating
Lot 3(e): Lots 1-2 & N1/2 SE 1/4, 7-107-69, 175.66 Acres, 0.572 Soil Rating
Lot 3(f): Krog's Tract 1 in SW 1/4, 8-107-69, 61.99 acres, 0.455 Soil Rating
Lot 3(g): S 1/2 SE 1/4, 7-107-69, less acreage, 60 acres, 0.596 Soil Rating
Tract 4: Combination of Tracts 1, 2, 3. As stated earlier, much of this ranch has been in the same family since the early 1890s. Rarely do opportunities come up to find a ranch property of this size that is easily accessed that offers grazing, hay and cropland in a largely contiguous unit. Once sold, it’s unlikely another opportunity to own this ranch will come up for one or two generations. The property will be sold in a manner generating the most revenue for the seller.
TERMS: 15% nonrefundable down payment the day of the auction with balance due at closing on or before Dec 30, 2020. Possession of the land March 2, 2021. Title insurance and closing costs split 50/50 between buyer and seller. 2020 taxes due in 2021 to be paid by the seller. 2021 taxes due in 2022 to be paid by the buyer. If the land is sold to multiple buyers the FSA will do a reconstitution for each tract and seller will pay for survey of acreage in Tract 2. The sellers do not warranty or guarantee that the existing fences lie on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. The property is sold in as is condition and as a cash sale with no financing contingency. Sold subject to existing easements, restrictions, reservations, or highway of record, if any. Information is deemed to be correct but it is not guaranteed. All prospective buyers are encouraged to inspect the property and verify all data provided. Statements made the day of sale take precedence over all written advertising. Real Estate licensees are agents for the seller. Sold subject to confirmation of owners.