Spencer, SD 57374(Hanson County)

ATTENTION Row Crop Operators, Crop-Livestock Operators as well as Investors & Others in the market for Hanson Co., SD Land! This Land is Located in a Prominent Agricultural Area, where land does not come available on the open market with great frequency. As the current owners intend to purchase other property and intend to utilize this property in connection with an exchange, they have made the decision to offer this land at Public Auction! This Land will be offered in Individual Tracts or in combinations of Tracts. This land will be available to farm or lease for the 2026 crop year! Additionally, a positive note is that this land is not subject to any US fish & Wildlife Easements.

This land consists of a total of +/-305.39 Taxable Acres: To be Offered as Tr. 1A The South +/-139.01 Acres, or Tr. 1B The North +/-166.38 Acres, or Tr. 1A & 1B Combined +/-305.39 Acres According to FSA information this land is indicated to have approximately 282.48 Acres of Cropland with +/-101.46 Acres currently farmed on Tr. 1A & +/- 121.79 Acres currently farmed on Tr. #1B with a 95.47 acre corn base with a 130 Bu. PLC yield, a 94.08 acre soybean base with a 39 Bu. PLC yield & a 27.85 acre wheat base with a 37 Bu. PLC yield. Information from Surety Agri-Data Inc. indicates this Property as a whole has a productivity index of an 80.4 and individually Tr. #1A has a productivity index of an 83.7 with a County Soil Rating of a .788. Tr. #1B is indicted to have a productivity index of a 77.8 with a County Soil Rating of a .725. It should be noted that this land IS NOT subject to any USF&W Easements & additional potential tillable acres could be added, if areas currently utilized as hayland/pasture were converted for Row Crop use, as +/-58.87 acres currently utilized as hayland/pasture and not currently under cultivation have a previous cropland history. There is an easement for a portion in the SW corner of Tr. #1A which has a Shut-Off Station for a TC Energy Crude Oil Line (This easement had a One-Time payment several years ago to the previous owner & there is no current rent paid for the easement or station area). The 2024 RE taxes payable in 2025 on Tr. #1A were $2,112.86 and on Tr. #1B were $2,249.88.

LEGAL DESC.: Tr. #1A +/-139.01 Acres: The SE (Less Steichen Tract 1) of Sec. 2, T. 103N., R. 57W., Edgerton Twp., Hanson County, SD, Tr. #1B +/-166.38 Acres The NE Incl. Govt. Lots 1 &2 of Sec. 2, T. 103N., R. 57W., (Edgerton Twp.), Hanson County, SD

TERMS: Cash A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before March 4, 2026, with full possession for the 2026 crop year. A Warranty Deed will be conveyed, and an Owners Title Insurance Policy will be provided with the cost of the owners policy and closing agents fee divided 50-50 between the buyer & seller. This land is sold based on the acres as stated on the county tax records, with the acres offered understood to be more or less. All of the 2025 RE Taxes payable in 2026 will be paid by the sellers. The sellers do not warrant or guarantee that existing fences lie on the true & correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA yields, bases, payments or other info. is estimated and subject to County Committee approval. Information contained herein is deemed to be correct but is not guaranteed. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, and subject to any Co. Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the sellers. The seller may desire to utilize this property in connection with a 1031 tax free exchange, and if so, the buyer will agree to cooperate with facilitation of the exchange, with all costs related to the exchange to be paid by the sellers. Sold subject to confirmation of the Owners.