Absolute Farmland Real Estate Auction: Schelling West River Farm- East Unit
October 9, 2019 | 846.54 Acres Total, 767.76 Acres Tillable| Martin, Bennett County SD
Farm Location: Located 7 miles East of Martin, SD along Hwy 18-73
Auction Details: October 9, 2019 | 1:00 pm MT | American Legion Hall – SD Hwy 18 – 73 Martin, SD 57551
Owners: Cornelius and Jean Schelling
Acreage Breakdown: 846.54 Acres | 767.76 Acres Tillable, 78.78 AC Grass-HQ | Exceptional Hwy 18-73 Frontage!
Showing Dates: September 25th, October 2nd and 9th (Auction Day), 10:00 – Noon each day or by appointment
THE PROPERTY WILL BE OFFERED IN 5 TRACTS AND COMBINATION OF TRACTS, selling in the manner realizing the greatest return to the Seller
HEWITT LAND COMPANY is proud to offer this Highly Productive Bennett County, South Dakota Farmland with Hwy frontage, HQ, and established Shelterbelt, all in the flyway of the re-known LaCreek Wildlife Refuge! All that remains of the Cornie and Jean Schelling Bennett County holdings!
Years ago, Cornie and Jean Schelling saw the promise in Bennett County Farmland and having spent over a decade putting this high-quality property together this is all that remains as they move their holdings closer to home! Productive farmland within minutes of the famed LaCreek Nat’l Wildlife Refuge!
Hewitt Land Company represents the Seller in this transaction. Selling Absolute, without reserve bid! Property sells without Buyer contingency, have your arrangements secure. Internet bidding available. Broker participation invited (form and deadline required).
TRACT 1; HQ Tract Consisting of 40+/- AC (31.20 ac Tillable) Taxes: TBD
Exceptional HQ tract with Hwy 18-73 frontage; access on 228th Ave. and over 30 acres of highly productive tillable! The tillable on this tract is comprised mostly of Cl II and III Keith-Rosebud silt loam and Mobridge silt loam soils with productivity indexes of 82 -91! A well-established shelterbelt encases the HQ which has a shallow well, Quonset, older grain storage and lots. The fences are not all on the property boundaries, any fencing or surveying required shall be the responsibility of the Buyers.
TRACT 2; Consisting of 160.0 +/- AC (99.90+/- ac Tillable) Taxes: TBD
Tract 2 is a bordered by 228th Ave, a county gravel rd. and consists of approx. 99.80 +/- acres of tillable, most of which is currently utilized as grazing land. The tillable on this tract rolling in topography and is comprised mostly of CL II and II Keith-Rosebud and Richfield-Keith silt loams indexing from 70-82! The property is fenced and cross-fenced. Livestock water is provided by a windmill located on the Tract. The fences are not all on the property boundaries, any fencing or surveying required shall be the responsibility of the Buyers.
TRACT 3; Consisting of 428.10+/- AC (426.35+/- ac Tillable) Taxes: TBD
Tract 3 is a highly productive nearly 100% Tillable tract with no improvements and nearly one mile of Hwy 18-73 frontage and access. The Tillable acreage is comprised mostly of CL II and III Keith, Rosebud and Richfield soils with productivity indexes of mostly 70–87! The fences are not all on the property boundaries, any fencing or surveying required shall be the responsibility of the Buyers.
Unit A; Tracts 1, 2, and 3 Combined; Consisting of 628.10+/- AC (557.45+/- ac Tillable) Taxes, $4,800.96
TOWNSHIP 38 NORTH, RANGE 36 WEST, 6TH PM, BENNETT COUNTY, SD
SECTION 34; ALL LESS HWY ROW;
Unit A is a highly desirable unit with HQ site, Hwy 18-73 frontage and access, feed lot pens, Quonset, grain storage, 2 Wells and established shelterbelt with 557.45 ac classified Tillable (USDA).
TRACT 4; Consisting of 58.44+/- AC (56.74+/-ac Tillable) Taxes: $433.62
TOWNSHIP 37 NORTH, RANGE 36 WEST of 6th PM, BENNETT COUNTY, SD
SEC. 3: E2 OF LOT 1; E2SE4NE4; E2NE4SE4;
Tract 4 is nearly 100% Tillable and is bordered by Hwy 18-73 on the north and 228th Ave on the east. The Tillable is comprised of CL III and VI silt loam and fine sandy loam soils with productivity ranging for 23-82.
TRACT 5; Consisting of 160.0+/- AC (153.57+/- ac Tillable) Taxes: $1,611.54
TOWNSHIP 37 NORTH, RANGE 35 WEST of 6th PM BENNETT COUNTY, SD
Sec. 10: SW4;
Tract 5 is a ‘full quarter’ which is nearly 100% tillable! The Tillable is comprised of CL II and III Keith, Mobridge and Richfield silty loam soils with productivity ratings of 70-91! The property is accessed by a two-track section line road and is partially fenced.
Terms and Conditions:
The property will be offered in Five (5) Tracts individually, and as a Combination of Units selling in the manner realizing the greatest return to the Sellers. Successful bidder(s) shall make a 15% non-refundable earnest money deposit at the conclusion of the auction with the balance due in certified funds at closing, on or before November 13, 2019 (any early closing will require mutual consent). Property sells ABSOLUTE, without reserve bid and without buyer contingency of any kind. Have your financial arrangements secured prior to bidding!
Title transfers by Warranty Deed, an owners’ policy title commitment showing merchantable title, subject to conditions, restrictions, zoning, and easements of record will be provided and is available for review prior to the auction. The property is currently subject to a cash lease which shall terminate on January 1, 2020. There shall be no proration of the 2019 lease income. The 2018 and prior years’ RE taxes will be paid by the Seller, the 2019 RE taxes, payable in 2020, shall be prorated to the date of closing. The closing agent fee and cost of Owners Policy of title insurance will be divided equally between Buyer(s) and Sellers. Sellers make no representation as to any interest in mineral, oil, gas, fossil and hydrocarbons of any nature. All Seller mineral interests (if any) transfer with title. Announcements made sale day take precedence over any printed material.
Closing and Possession:
Closing shall be on or before November 13, 2019. Possession of the premises shall be granted January 1, 2020.
- Land is 846.54 acres
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Join us in Martin, SD for this Absolute Real Estate Auction, Oct. 9, 2019. 846.54 Acres Total, 767.76 Acres Tillable. Highly Productive Farmland with Hwy frontage, HQ, and shelterbelt, all in the flyway of the re-known LaCreek Wildlife Refuge!