Property 989394
This property was auctioned on: 09/10/2013
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This Property is Off-Market

234.68 Acres in Hutchinson County

287th St and South River Road Olivet SD 57052  |  Hutchinson County, SD
  • 234.68 acres

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Listing Status: Off Market
Listing Type: Auction
Property Type(s):
Irrigated: No
Residence: No
Property ID: 989394

Property Description

234.68 ACRES OF CAPITAL TOWNSHIP HUTCHINSON COUNTY LAND
ROLLING PASTURE HILLS, RIVER BOTTOM FARMLAND AT ABSOLUTE AUCTION

In order to settle the estate, the following land will be offered for sale to the high bidder at public auction located from the South West corner of Olivet, SD go 1 mile south on South River Road on the east and west sides of the road or Junction of 287th St and South River Road on:

TUESDAY, SEPTEMBER 10TH
10:30 A.M.
Land Auction held on Site
It is our privilege to offer this unique tract of land that offers deep wooded draws along the James River breaks, River bottom farmland that has awesome natural habitat for big & small game along the James River and all of this located in the tightly held Capital Township. Offered in several tracts!
TRACT ONE: 211.78 ACRES PASTURE & TILLABLE LAND
LEGAL: The SW of the NE less Lot 7, SE of the NW , NW of the SE , and Lots 3 & 5 less Parcel B of Herrboldts Subd in Lot 5, E of the NE less Parcel A of Herrboldts Subd. and except Tract 1A of Schaeffer Add. all found in Section 15, 97-58 Hutchinson County, SD.

50.25 acres tillable land with the balance in native pasture trees & RROW
Soil rating of 51.3. Predominant soils Betts Ethan loams & Clarno Loams.
This tract offers a large grazing unit that is cross fenced to allow for rotational grazing and has deep wooded draws and native grasses with limited weed pressure.
Current fences do not represent the true boundary lines. Annual Taxes $2,519.56.
Access is from South River road located on the east side or 287th St. located on north side.
Water is supplied from a large man made dam that is fed from 4-large draws. Dam presently leaks.
New buyer to receive full possession 3-1-14.
TRACT TWO: 22.9 ACRES RIVER BOTTOM LAND
LEGAL: Government Lot 2 less Tract 1A of Schaeffers Add. Section 14, 97-58 Hutchinson County, SD.

Approx. 17-acres tillable with the balance found in trees and excellent wildlife habitat.
Wildlife abounds in this property with ample habitat for deer, turkeys and small game. This tract offers the ability to produce income from the tillable acres or provide outstanding food plots to hold and maintain wildlife of all types. GF&P land located directly to the south!
Soil production rating of 58.4. Predominant soil is Lamo silty loams.
Annual taxes are $407.78. Buyer to receive full possession 3-1-14.
Access easement will be provided at closing.
TRACT THREE: 234.68 ACRES PASTURE & TILLABLE LAND Combination of Tracts 1-2

If sold as one unit, no surveys will be completed and buyer will settle on the acres as indicated by courthouse records.
Annual Taxes are $2,927.34.
TO INSPECT THE PROPERTY: You may inspect the property by contacting the auctioneers. Cattle are grazing gates must be shut! Ribbon is tied on the boundaries of all tracts.

TERMS: Cash sale with 15% (non-refundable) down payment auction day with the balance on November 15, 2013 if sold as one unit. Full possession will be granted to the new buyer 03-01-14. Personal Representatives deed to be granted with the cost of title insurance spit 50-50 between buyer & seller. Seller to pay all the 2013 taxes. Property will be sold in whatever manner realizes the most dollars for the seller. Sold subject to confirmation by SD Probate Court, and all easements, restrictions, and reservations of record. Come take a look at a little piece of South Dakota hunting heaven!

WALTER A. SCHAEFFER ESTATE OWNER
KENT LEHR- PERSONAL REPRESENTATIVE

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