February 27, 2025 10:30 am -- Live Public Auction of 65.33 +/- acres of Farmland/Pasture with housing eligibilities Located in Clay County, SD

Clay County, SD Land Auction

65.33 +/- Acres, Fairview Township
Bluff View Overlooking the Missouri River Valley
Building Eligibilities, Cropland, Pasture

Thursday, Feb 27, 2025 @ 10:30 AM

We will sell the following real estate at public auction both live/online at the land site located from Vermillion, SD, 4 miles east on SD Hwy 50 and ½ mile south on 469^th Ave (Burbank Rd) or from I-29 Vermillion Exit # 26, 1 ½ west SD Hwy 50 and ½ mile south on 469^th Ave (Burbank Rd).

Auctioneer’s Note: Location, Location, Location!  Situated just east of Vermillion, SD, this picturesque must-see land checks all the boxes: a great bluff view overlooking the Missouri River Valley, cropland, rolling hills, pasture, trees, recreational land, and 4 building eligibilities all on a hard surface road.  The land has a soil rating of .734 and according to Surety-AgriData a productivity index of 74.8.  Primary soils include: Wentworth-Trent complex, 0-2 percent slopes, Bon loam, 0-2 slopes, occasionally flooded, Betts-Ethan loams, 15-40 percent slopes and Blake silty clay loam, 0-2 percent slopes.  Taxes:  $2,253.24.   According to the FSA office there is 50.50 acres of cropland, 23.61-acre corn base/146-bushel PLC yield and a 23.09-acre soybean base/46-bushel PLC yield.  This land will be surveyed and paid for by the seller if sold in separate tracts and will need to be reconstituted with the FSA.  According to Clay Rural Water System, the nearest line access is located in the ditch of the property at the intersection of 469^th Ave and 318^th St. For more information concerning water line locations, availability, and cost, contact Clay Rural Water System at 605-267-2088.

Legal Description: W ½ NW ¼, except Lynch tracts 1 and 2, 24-92-51, Clay County, SD.

The land will be offered in 3 tracts.

Tract 1:  39.43 +/- acres, 1 building eligibility.  The land includes approximately 25 acres cropland with the balance of the land in pasture, trees, dugout, well and older outbuildings.  According to Surety-AgriData, the land has a productivity index of 82.2.  The cropland is leased for the 2025 crop year and the buyer will be credited the 2025 crop lease payment.

Tract 2:  25.9 +/- acres.  This tract features 3 building eligibilities with a beautiful bluff view of the Missouri River Valley, plentiful trees with the balance of the land in pasture.  According to Surety-AgriData, the land has a productivity index of 63.0.  The land is available to the buyer for the 2025 year.  Don’t miss this opportunity to build your dream home!

Tract 3: Combination of Tract 1 and 2.

Terms: 15% non-refundable down payment day of sale with the balance due at closing on or before April 28, 2025.  The land will be surveyed if sold in separate tracts and paid for by the seller, no survey to be done if sold as a unit.  Title insurance and closing costs split 50/50 between buyer and seller.  2024 taxes due in 2025 to be paid by the seller.  2025 taxes due in 2026 to be paid by the buyer.  The seller does 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 owner.  Broker Participation is Welcome.  Cooperating Brokers must pre-register prior to the day of auction and meet the requirements for Broker’s Participation to qualify for a commission.

Kevin Lynch, Owner

Auctioneer/Brokers:
Joel R Westra, Broker, Beresford, SD 605-310-6941
Joel A Westra, BA, Chancellor, SD 605-957-5222
John Hauck, BA, Beresford, SD 605-254-6966
Phil Eggers, BA, Renner, SD 605-351-5438
Mark Zomer, Zomer Company, Rock Valley, IA 712-470-2526