LINCOLN COUNTY SD LAND AUCTION
74.11 Acres of Very Well Located Dayton Township Lincoln County, SD Land – This Is a High Caliber Parcel of Farmland with High Quality Productive Soils, an Extremely High Percentage Tillable and an Excellent Location Situated Within 5 Miles of Harrisburg, SD & Worthing, SD, Within 10 Miles of Sioux Falls, SD & Within 8 Miles of the SD/IA State Line and Inclusive of 1 Rural Housing Eligibility
Due to the death of one of the owners, Jeraldine “Jerry” Johnson, we will offer this choice parcel of farmland at public auction, with the auction to be held “on site” at the land located from the Harrisburg SD High School – approx. ½ mile west on 273rd St., 6 miles south on Hwy. #115 and 2 miles east on 279th St. to the SW Corner of the Land at the Jct. of 476th Ave. & 279th St.; from the Lennox-Parker Exit #68 on I-29 – 3½ miles east on Hwy. #116 (276th St.), 3 miles south on Hwy. #115 (474th Ave.) and 2 miles east on 279th St.; from the Worthing, SD Exit #64 on I-29 – 5½ miles east on 280th St. & 1 mile north on 476th Ave.; from the Canton, SD Exit #63 – 5½ miles east on Hwy. #18 and 3 miles north on 476th Ave. or from Sioux Falls, SD (Schulte Subaru & Wal-Mart) at the Jct. of 85th St. & Minnesota Ave./Hwy. #115 – 9 miles south & 2 miles east on 279th St.
WEDNESDAY MARCH 28, 2018 SALE TIME: 10:00 AM
This auction presents an excellent opportunity to purchase a high caliber parcel of Lincoln County, SD land which has an extremely high percentage tillable, very productive soils and excellent eye appeal. Furthermore this property has 1 remaining housing eligibility and a superb location conveniently located to the area communities of Harrisburg, Worthing, Canton and Sioux Falls, SD. If you are in the market a very desirable parcel of land with many excellent amenities to add to a row crop farming operation or as an addition to your investment portfolio, then make plans to inspect this property and be in attendance at this auction or contact the auctioneers to make arrangements for absentee bidding.
According to a survey of the property completed in 2008 by Midwest Land Surveying, Inc., this property consists of a total of 74.11 acres. FSA information on this property indicates that this farm is estimated to contain approximately 70.2 acres of cropland, with the nontillable acres comprised of roads, waterway and a small area of shrubs situated in the NE corner of the farm, with an FSA 22.45 acre corn base with a 115 bu. PLC yield and a 22.45 acre soybean base with a 45 bu. PLC yield and is enrolled under the ARC County election of the USDA farm program. According to the Lincoln County Assessor this land has a very respectable overall soil rating of .873, similarly info. obtained from Surety Agri Data, Inc. indicates this land has a soil rating of 87. This land has excellent eye appeal with a nearly level topography. According to Lincoln County Planning and Zoning this property has 1 rural housing eligibility. This land has an excellent location conveniently located to the Farmers Coop Society Grain terminal, several other area grain terminals and ethanol facilities and is located within a close proximity to I-29 and several progressive area communities. This land is available for a new owner to farm or lease as they desire in 2018.
LEGAL DESC.: The S ½ of Gov’t. Lots 1 & 2 of the SW ¼ (Essentially the S½ SW¼) of Sec. 31, T. 99N., 49W., (Dayton Twp.), Lincoln County, SD.
TERMS: Cash – A 10% non-refundable earnest money payment on the day of the sale and the balance on or before May 11, 2018 with full possession for the 2018 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. All of the 2017 RE taxes payable in 2018 in the amount of $1,773.64 will be paid by the sellers. This property has been previously surveyed and is sold based on the acres as stated on the survey, with the acres understood to be “more or less”. The sellers do not warranty or guarantee that the existing fences lie on the on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA cropland, yields, bases & other information is estimated and not guaranteed and are subject to county committee approval. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any. Information contained herein is deemed to be correct but is not guaranteed. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Sold subject to confirmation of the owners. For additional information concerning this property contact the auctioneers.
ROBERT RAE FARM PARTNERSHIP, ETAL – Owners
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315
TOM SOUVIGNIER – Auctioneer & RE Broker Associate – Canton, SD – 605-987-2404
TED SOUVIGNIER – Auctioneer & RE Broker Associate – Canton, SD – 605-660-3962
& JARED SUTTON – Auctioneer & RE Broker Associate – Flandreau, SD – ph. 605-864-8527