Excellent Potential Rural Home Construction Site!!
+/- 53.53 Acres of Extremely Well Located Sverdrup Township Minnehaha County Land With Terrific Potential for Establishment of a Rural Home Site by Utilizing the Remaining Rural Housing Eligibility on this Land – This Parcel Features Scenic Countryside Views and Land with a Mixture of Cropland & Pasture, making this an Excellent Acreage/Hobby Farm or Add-on to an Area Farming Operation – Located just minutes from Sioux Falls, SD and Situated Between Sioux Falls, SD and Baltic, SD.
We will offer the following real property at auction at the land located from Sioux Falls, SD – Jct. of I-90 & North Cliff Ave./SD Hwy. #115 (Exit #399 on I-90) – approx. 6 miles north on Hwy. #115 and 1/4 mile east on 255th St.; from the Midway Corner on Hwy. #115 – 1 mile south on Hwy. #115 and 1/4 mile east on 255th St.; from the Renner Corner on Hwy. #115 – 2 miles north on Hwy. #115 and 1/4 mile east on 255th St.
FRIDAY APRIL 20, 2018 SALE TIME: 10:00 AM
This property consists of a very well located +/-53.53 acre parcel of land which features a scenic terrain that provides some attractive vantage points that would be very adaptable for use of the remaining Minnehaha County rural housing eligibility that is assigned to this parcel of land. **NOTE – There are two existing acreages within this parcel which are excluded and not included with the portion being offered for sale.** This property is located in a vicinity where numerous rural homes have been constructed in recent years. Presently this property has a mixture of productive cropland along with a few nontillable acres comprised of pasture/hayland and creek. This is an extremely desirable parcel of land that could be very well adapted to serve as a site for future establishment of a rural home site, along with some acres of productive cropland and non-cropland that could serve as an excellent hobby type farm/rural acreage with crop income potential and enough acres to accommodate some horses, cattle or other livestock; and/or as an addition to an area farming operation or investment. According to Minnehaha County Planning & Zoning this property has 1 rural housing eligibility available. The terrain of this land makes this property very conducive for future establishment of a home site with potential for a walk-out basement, while affording a pleasant countryside view from various vantage points of the land. This property is indicated to be in the Dell Rapids School District according to County data. Minnehaha Community Rural Water is located on the south side of the property on the north side of 255th St., for info. concerning availability and cost contact M’haha. RW @ 605-428-3374. According to FSA information this farm is estimated to contain approx. 34.85 acres of cropland with a 7.90 acre corn base with a 106 bu. PLC yield and a 15.60 acre soybean base with a 29 bu. PLC yield and is enrolled in the ARC County election of the USDA Farm Program. The general topography of this land includes some gently rolling to rolling areas, with some lower lying areas in the grassland areas in and around the creek. According to the M’haha. Co. Assessor this land has a soil rating of .488, comparatively info. obtained from Surety Agri-Data Inc. indicates this land has an overall productivity index of 55.3. The 2017 RE taxes payable in 2018 on this land were $981.06. This is a very desirable and extremely well located parcel of land that has potential to be of interest to a wide variety of buyers and must be seen to be fully appreciated!
LEGAL DESC.: The SW¼ SE¼ and the E½ SE¼ SW¼, (Sverdrup Twp.), Minnehaha County, SD, Except Tr. 1 of Dearduff Add’n. contained therein; and Exc. the W. 167’ of the E. 2,032.97’ of the S. 350’ and of the SE¼ contained therein.
TERMS: CASH – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before June 1, 2018 with immediate possession for the 2018 crop year and full possession at closing. Marketable Title will be conveyed and an Owner’s Title Insurance policy will be provided with the cost of the owner’s policy divided 50-50 between the buyer and seller. A title company closing fee, if any, will be divided 50-50 between the buyer and sellers. The acres in this property are based on the acres as stated on a recent survey of the property 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 buyer(s) pursuant to SD Law. All of the 2017 RE taxes payable in 2018 will be paid by the sellers, with the buyer(s) to be responsible for all of the 2018 RE taxes payable in 2019. This property is sold in “As Is Condition” and the information contained herein is deemed to be correct, but is not guaranteed. FSA cropland acres, yields, bases & other information is estimated and subject to County Committee approval. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all M’haha.Co. Zoning Ordinances. The RE licensees in this transaction are acting as agents for the seller. Sold subject to confirmation of the Owners. For additional information, contact the auctioneers.
GARY VOSBURG, JANET KENNEDY, KEVIN VOSBURG & JAMES VOSBURG, Owners
CHUCK SUTTON – Auctioneer & Land Broker –
Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777
DAN UTHE – Auctioneer & RE Broker Assoc. – Sioux Falls, SD – ph. 605-351-2230
JARED SUTTON – RE Broker Assoc. & Auctioneer – Flandreau, SD – ph. 605-864-8527