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Nov 30th 11am Beadle County Land Auction 290 Acres

Nov 30th 11am Beadle County Land Auction 290 Acres

JUST LISTED!!!! 290 Acres 

Meyer Auction Service is pleased to present 290 acres of Beadle County farmland located just over two miles north of Huron, SD. Currently enrolled in the CREP program and established in grass, this property offers exceptional flexibility and investment potential. Whether you’re a cattle producer seeking quality pasture, a farmer looking to return acres to crop production, an investor interested in conservation program income, or a developer recognizing the value of land near Huron, this property deserves your attention. Adding to its appeal, the land provides excellent whitetail deer and pheasant hunting, creating outstanding recreational opportunities for sportsmen and outdoor enthusiasts. Opportunities to purchase a tract offering agricultural production, hunting recreation, and future development potential in such a desirable location are rare.

Live Auction held Monday Nov. 30th 11 am at the Huron Event Center

2 Miles North of Huron SD on West side of Hwy 37. 

290.92 Acres Grass, Pasture, CREP Ground that has been previously tillable.

Tract 1: 135.92 Acres   NE 1/4 Sect. 12 Theresa Twp. The Northeast quarter is currently enrolled in the CREP program and planted to grass.   Water source for livestock would be from Midakota Rural water. A new service in the NE of Sec 12-111-62 would be $6,000 (up to 300’ from the existing mainline).   Legal: NE4. LESS 1.02 AC & LOT H-2 (3.06 AC) & LESS LOT 1 & LESS LOT 2 WERNER SUBD 12-111-62 Beadle County South Dakota

1.) There is 96.9 acres of CRP that pays $76.97 per acre and totals $7,458.39. Contract expires 9/30/27
2.) Same 96.9 acres $30.79 for a total of $2,983.36
3.) Grassland CRP on 19.11 acres at $32.29 per acre and annual payment of $617, Contract expires 9/1/2033
3.) Lease of $1200 a year on 34.2 acres, lease can be terminated after 12/31/27 with certified or registered written notice given by 9/1/27. Payment in full due February 1
4.) US Fish & Wildlife Waterfowl Easement on property. 

Tract 2: 155 Acres  SE 1/4.  The Southeast quarter is currently enrolled in the CREP program and planted to grass. A portion of the property was hayed this year and with our recent rains the grass has come back lush and green. This would make an excellent pasture but will require some fencing. Livestock water source would come from Midakota Rural water located on East side. To reactivate the existing meter in the SE of Sec 12-111-62 would be $515.00 providing reactivation is approved by the engineers. Lots of deer and pheasants call this piece of land home with some lower areas providing nesting cover and some trees on the north side. The CRP & CREP contracts expire Sept. 30th 2027. Payments for 2027 will be assigned to new owner

1) There is 144.7 acres of CREP in the SE ¼ and it pays $69.69 per acre in CRP or $10,084.14 per year. Contract expires 9/30/27
2) This same 144.7 pays $27.88 per acre of $4,033.66 per year from a CREP contract with SD GFP. Contract expires 9/30/27
3) US Fish & Wildlife Waterfowl Easement and Summit easements on property

Legal: SE 1/4. LESS 1.03 AC & LOT H-2 (3.97 AC) 12-111N-62W

Combination of Tracts 1 & 2 290.92  East 1/2 12-111N-62W

Terms & Conditions – A 10% non-refundable earnest money deposit will be required on the day of the auction, with the balance of the purchase price due at closing on or before December 31st 2026. The Seller shall be responsible for all 2026 real estate taxes payable in 2027. Costs associated with the closing service and owner’s title insurance policy shall be divided equally, with 50% paid by the Buyer and 50% paid by the Seller. Possession shall be granted at closing, subject to the existing CREP contracts and the tenant lease on 34.2 acres in the NE¼. Buyer shall assume the remaining term of all CRP/CREP contracts, which expire September 30, 2027, and shall agree to comply with all contract provisions and program requirements. Any penalties, refunds, damages, or liabilities resulting from the buyer’s failure to comply with the terms of the CRP/CREP contracts shall be the sole responsibility of the buyer.  A preliminary title commitment has been completed, providing assurance of marketable title. Interested bidders are encouraged to contact Ben Meyer for a copy outlining the condition of title and any easements or encumbrances of record. All property is being sold as is, where is.   Prospective purchasers are encouraged to conduct their own independent inspections and due diligence regarding the property prior to bidding.  Property boundary lines shown in advertising materials are approximate. Existing fences, if any, may or may not be located on the true legal boundary lines as per SD statute. Property is sold by legal description. The sale is not contingent upon financing, appraisal, inspection, or any other buyer contingency. Prospective bidders are advised to have all financial arrangements secured prior to participating in the auction and be able to close by December 31st 2026. The Auctioneer/Broker represent the Seller exclusively. All announcements made on auction day shall take precedence over any printed or electronic advertising material. Sold subject to owner confirmation. Come prepared to buy!

Owner: Dick & Suzanne Werner

Meyer Auction Service LLC

Ben Meyer CAI Auctioneer RE #13234 1-605-350-0316

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