Kapp Family Farmland Auction | Hewitt Land Company

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Kapp Family Farmland Auction

154.14 Acres

Absolute Auction

Dupree, SD

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Property Description:

This property has been held in the Kapp family for generations and is now being offered for sale at public on-line auction! The property offers exceptional paved highway access, productive soils and is nearly 100% tillable. The property carries a 73.5 acre wheat base and is conducive to crops typically grown in the area such as wheat, corn, soybeans and sunflowers. Don’t miss the opportunity to add this choice piece to your real estate portfolio! Join us ONLINE ONLY – register to bid online here

Bidding opens March 17 at 10 a.m. MT and closes March 20, 2021 at 6:00 pm MT.

Feel free to inspect the property at your convenience or brokers will be available onsite on March 11th from 10am-12pm.

Location

The property is located two miles East of Dupree, SD on Hwy 212, and four miles North on Highway 65. The quarter adjoins Highway 65.

Acreage

The property consists of 154.14 total acres. Farm Service Agency indicates 146.61 acres tillable with 73.50 acre what base. The farmland is conducive to crops typically grown in the area such as wheat, corn, soybeans and sunflowers.

Access

The property is conveniently accessed via US Highway 65 and via section line road along the southern border of the property.

Soils

Mostly comprised of CL II and III Regent Silty and Reeder-Lantry complex PI ratings 60-79.

Terms & Conditions

Title: Title transfers by Warranty Deed, a title opinion of merchantability of title, subject to conditions, restrictions, zoning, and easements of record will be provided and is available for review prior to the auction. The 2020 taxes shall be paid by Seller. 2021 taxes prorated to date of closing. Closing services will be performed by Titles of Dakota The closing agent fee will be divided equally between Buyer(s) and Seller. A 15% non-refundable earnest money deposit and executed purchase agreement shall be required at the conclusion of the auction. Seller makes no representation as to any interest in mineral, oil, gas, fossil and hydrocarbons of any nature. All mineral interests owned by Sellers (if any) transfer with Title. Announcements made sale day take precedence over any printed materials.
Taxes: 2020 Real Estate Taxes $1,045.66
Closing/Possession: Closing shall be on or before April 20, 2021. Possession shall be granted upon Closing.
Representation: Hewitt Land Company Represents the Sellers in this transaction.
Seller: Kapp Family

JD Hewitt

Managing Broker

Piedmont, SD

(605) 347-1100

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The information provided by Hewitt Land Company has been obtained from sources deemed to be reliable, but is not guaranteed or warranted by Hewitt Land Company or the sellers of these properties. It is the responsibility of the prospective buyer to independently confirm the accuracy and completeness of this information. Prospective buyers and advisors are encouraged to do their own due diligence in regard to tax, financial and legal matters, and to determine the suitability of a specific property to the buyer's needs. This offering is subject to errors, omissions, prior sale, price change, correction or withdrawal from the market without notice. All references are approximate. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. Sellers reserve the right to accept or reject any and all offers without liability to any buyer or cooperating broker. Fences may or may not be located along property borders.