| Date | October 27, 2026, 11:00 am (America/Chicago) |
|---|---|
| Tracts | 1 of 3 |
| Type | Live with online bidding |
| Tract Status | Active |
| Auction Location | Milbank Community Room, 1001 E 4th Ave, Milbank, SD 57252 |
Tract 3 of 3
Description
Tract 3: Approximately 47.26 Acres of Productive Farmland
If you have been searching for a manageable tract of productive Grant County farmland, this approximately 47-acre property near Stockholm presents an excellent opportunity. Consisting primarily of tillable land and featuring strong soil productivity ratings, this tract may appeal to area producers, investors, and neighboring landowners seeking additional crop acres.
The soils carry an impressive 75.00 average Crop Productivity Index and a 68.52 average National Commodity Crop Productivity Index. These ratings reflect productive soils for the region and support the tract’s continued use for crop production. The combination of soil quality and a manageable tract size makes the property well-suited for incorporation into an existing farming operation.
With the majority of the property devoted to tillable production, Tract 3 offers income potential through owner operation or agricultural leasing. The tract may serve as a practical expansion opportunity for a nearby producer or as a standalone investment for a buyer seeking agricultural land in northeastern South Dakota.
The property’s size may also make it accessible to buyers who want to enter the farmland market without purchasing a larger operation. For an established landowner, the tract offers an opportunity to add productive acres in a strong agricultural region while maintaining efficient management.
The surrounding Grant County landscape is composed of cropland, pasture, wetlands, shelterbelts, and rural farmsteads. In addition to supporting agriculture, this diverse landscape provides habitat and travel corridors for whitetail deer, ring-necked pheasants, waterfowl, and other wildlife commonly found in the region.
Located near Stockholm, the property combines a rural setting with convenient access to larger service communities. Milbank and Watertown provide grain markets, agricultural services, equipment dealers, healthcare, shopping, and other amenities needed by area producers and landowners.
Productive tracts of this size can be difficult to find, particularly when they offer strong soil ratings and a high percentage of tillable acreage. Whether your goals include expanding an existing farming operation, purchasing an agricultural investment, or adding a manageable tract to your land portfolio, Tract 3 offers quality farmland in a proven agricultural area.
Tract #: 3
Deeded Acres: 47.26
FSA Farmland Acres: 47.86
Soil Types: Forman-Buse-Aastad loams, 1 to 6 percent slopes, Forman-Buse-Aastad loams, 2 to 9 percent slopes, Vallers-Parnell complex, coteau, 0 to 2 percent slopes
Soil PI/NCCPI/CSR2: 75 CPI Average; 68.52 NCCPI Average; 2.44 Cap. Average
Lease Status: Open Tenancy for 2027
Possession: Immediate possession subject to the current tenant's rights for 2026
Survey Needed?: No survey needed
Brief Legal: replat
PIDs: 14.50.14.3100
Lat/Lon: 45.10885, -96.7951
Zip Code: 57264
Terms of Sale
BUYERS PREMIUM: no buyer’s premium or internet fees
TAXES: 2026 taxes shall be paid by the seller
TENANCY: Open tenancy for 2027
RENTS: Seller shall receive the 2026 cash rents
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Title search, title insurance, and closing fees shall be split 50% seller and 50% buyer. Deed preparation fees
shall be split such that sellers pay for the preparation of the seller’s deed, and the buyer pays for the preparation of
the buyer’s deed.
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: Immediate possession subject to the current tenant's rights for 2026
SURVEY: No survey needed
SELLER: Stemsrud
SALE ORDER: By the acre
SALE METHOD: Sells Subject to seller acceptance
Licensing
Ranch & Farm Auctions, LLC LIC15136,
Broker Jason R Schendt SD LIC #16828
Cody Lowderman Auc Lic RE17883
Katie Graeb, Whitetail Properties Agent/Land Specialist, 605.690.8582
Brian Graeb, Whitetail Properties Agent/Land Specialist, 605.690.3026
