Land for Sale in Olivet, South Dakota

39.34+/- Acres Of Farmland/Recreational Property/CRP For Sale In Wittenberg TWP, Hutchinson County, SD! This Land is Located Northwest Of Olivet, SD & Southeast Of Parkston, SD! Hunters, Outdoor Enthusiasts, Farmers & Conservationist Take A Look At This Property! Agents Note :This land is currently enrolled in CREP and receives an attractive annual payment! If you are a hunter, or outdoor enthusiast then do not pass up this opportunity! This farm also offers the opportunity to potentially be turned back into tillable cropland upon expiration of the current CREP contract! Contact an agent for more details on this property today! Directions: From Olivet, SD go North on 426th Ave. for 4 miles to 282nd St. then go West on 282nd St for 1 1/4 mile to the farm site. Land is located in the Northwest corner of the intersection of 282nd St and 425th Ave. Signs will be located at the property. Abbreviated Legal: The SE1/4 of the SE1/4 of Section 16, TWP 98N, Range 58W, Hutchinson County, SD. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. General Description: According to the county assessor, this property contains 39.34+/- gross acres. According to FSA, this farm has approx.. 37.59+/- acres currently enrolled in CREP with an annual payment of $6,580.00 with a contract ending on 9-30-2037 and in addition to this this property has an agreement with South Dakota Game Fish & Parks that earns an additional $1,699.58 annual payment for the term of the CREP contract. This contract with South Dakota Game Fish & Parks allows for walkin public access for public hunting and fishing. This farm in total receives an annual payment of $8,279.58. Seller will retain the full payment payable on 10-1-2026. This farm is classified as NHEL. The predominant soil types include: CdB-Clarno, EtB-Ethan-Betts,Tt-Tetonka-Harps, CeB-Clarno-Davison, Te-Tetonka. The Agri-Data productivity index rating is 71.6. If you are an outdoor enthusiast looking for an excellent opportunity to purchase a recreational property that also produces income then be sure to take a look at this farm! Or if your looking for a nice tract of land to turn back to cropland then this property also offers an opportunity to you as a property that earns income today and could be potentially farmed in the future! Land in this area has over time proven to be a great investment! Taxes: The current Real Estate Taxes according to the Hutchinson County Treasurer are approx. $668.44 per year. Taxes will be pro-rated through December 31, 2026. Method of Sale: Tract will be sold as one parcel. Contact agent for pricing! Possession: Closing Day. Closing Day: 45 days after an accepted offer. Terms: Buyer shall receive a clear and merchantable title to the property on closing day. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All buyers are encouraged to do buyer's due diligence. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statutes. Aerial maps, soil maps and booklets are available upon request. If buyer delays closing, penalties may apply. I