Egan, SD 57024(Moody County)

AUCTIONEERS NOTE: This auction awards the opportunity to purchase land with a combination of excellent amenities, including a great location, productive soils and areas with existing drain tile. This land is located in a prominent agricultural area located between Egan and Colman, SD. This land has been owned by Robert Vandermeer for over 40 years, thus this auction presents a Once in a Lifetime Opportunity to purchase this land, as this land is located in and ownership where land is tightly held and seldom becomes available on the open market. This land will be sold with the buyer to receive full possession of this land for the 2026 crop year. If you are in the market for land as an addition to a row crop farming operation or as an investment, you will want to inspect this property and make plans to be in attendance at this auction!

The land being offered for sale on this auction consists of a parcel of land with a high percentage tillable and is inclusive of productive cropland with some a high percentage of Class II and III soils. This land will be offered as a +/-153.34 Acre Unit, with the acres being sold to be in accordance the acres as stated per the Survey. According to FSA information this farm has approximately 154.34 acres of Farmland with 148.18 Cropland Acres with a 73.40 acre corn base with a 143 Bu. PLC Yield and a 73.40 acre soybean base with a 37 bu. PLC yield. The non-tillable acres are comprised of a waterway, drainage, ditches and roads. The general topography of this land is gently rolling to rolling. According Moody County Assessors information this farm has a soil rating of a .856, comparatively according to information obtained from Surety Agri-data Inc., this parcel has a weighted Productivity Index of an 82.3. This property has an NRCS Certified Wetland Determination. The farmability of this land has been enhanced by the installation of some drain tile in the northern one third of the farm. The 2024 taxes payable in 2025 on this land are $_4,679.98. This is a desirable parcel of land that has the potential to fulfill the needs of a variety of buyers, including those looking for an extremely well located parcel of productive cropland to add to their farming operation and/or investment portfolio.

LEGAL DESC.: The SW, Except Outlot A and Lot H-2, of Sec. 16, T. 106 N., R. 49 W., (Egan Twp.), Moody County, SD.

TERMS: Cash A 10% non-refundable earnest money payment on sale day and the balance on or before January 9, 2026 with full possession for the 2026 crop year. Marketable title will be conveyed with an owners title insurance policy provided with the cost divided 50-50 between the buyer and seller, additionally a title company closing fee will be divided 50-50 between the buyer and seller. The total acres being sold will be sold in accordance with a survey as completed by Midwest Land Surveying, Inc., with the acres understood to be more or less. The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the purchaser(s) pursuant to SD Law. FSA cropland acres, yields, bases, payments & other information are estimated and not guaranteed and may be subject to an FSA reconstitution & County Committee Approval and also are subject to pending action and implementation of the New Farm Bill. Information contained herein is deemed to be correct but is not guaranteed. This property is sold in AS IS CONDITION and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all applicable Moody County Zoning Ordinances. All of the 2024 RE taxes payable in 2025, as well as the 2025 RE taxes payable in 2026 will be paid by the sellers. The RE licensees in this transaction are acting as agents for the agent for the owners. Sold subject to confirmation of the personal representative/owner.