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Sutton Auction

Romereim – 112.37 & 118.42 Acres of Canton Twp., Lincoln Co., SD Land

CANTON TWP., LINCOLN COUNTY LAND AUCTION

Offering Both a Prime 112.37 Acre and a 118.42 Acre Highly Productive Canton Twp. Farmland Tracts

The Romereim Family Trust has decided to offer both of these very productive farm parcels at Public Auction located from Canton SD, go 2 miles north of US Hwy 18 on West Ave. (480th Ave.); or from west edge of Canton SD (Security Savings Bank) on US Hwy 18, 2 miles north. From Intersection of 480th Ave. and 280th St; Farm 1 is to NW and Farm 2 is to SW.

TUESDAY, JANUARY 23RD, 2018     10:00 AM

This is truly one of the finest offerings of Lincoln County SD farm land to have been offered for many years as the land is virtually all tillable and the soils the best found most anywhere in Lincoln County SD. When comparing available land within SD there will be few that can match the soil quality, topography, cropland acres and productivity of this land offering. These farms are being offered individually only.

FARM 1: This land consists of +-112.37 acres of farmland containing 105.3 cropland acres which according to County FSA information there is an estimated corn base of 47.38 acres with 132 bu. PLC yield, soybean base of 43.15 acres with 36 bu. PLC yield and oats base of 3.94 acres with 49 bu. PLC yield. According to the County Assessor the primary soil found is Wentworth-Chancellor silty clay loam covering 105 acres of land with Chancellor-Wakonda complex and Chancellor-Tetonka silty clay loam providing the balance with an overall county soil rating of .870 while similar information from Surety Agri-Data states a Productivity Index of 87.7. The topography is level to only slightly rolling, high percentage of tillable acres excepting RR, road right of ways and small tract of trees and is available for the 2018 crop year. There is some drain tile installed. Property contains 2 rural housing eligibilities by conditional and permitted use. The 2016 RE taxes paid in 2017 were $2,983.74.

Legal Desc: E1/2 of SE1/4 and NW1/4 of SE1/4 exc. 2.7 acres Railway and E 440′ of S 488′ of SE1/4 of SE1/4, Section 3, Twp. 98, R49 (Canton Twp.), Lincoln County, SD

Farm 2: This land consists of 118.42 acres of farmland containing 114.40 cropland acres which has a corn base of 51.32 acres (132 bu. PLC yield), soybean base of 46.75 acres (36 bu. PLC yield) and oats base of 4.26 acres (49 bu. PLC yield) the same PLC yields mentioned earlier as this farm was operated jointly with Farm 1. The County soil survey list the primary soils as: Wentworth and Wentworth-Chancellor silty clay loam Class I soils); Chancellor-Tetonka complex, Class II soil along with small soil tracts of Chancellor-Viborg, and Shindler-Egan complex. The County soil rating is .881 while Surety Agri-Data states a 88.1 Productivity Index. The topography very level and virtually all tillable except for road right of ways and is also available for the 2018 crop year. Property contains 2 rural housing eligibilities. The 2016 RE taxes paid in 2017 were $3,175.16.

Legal Desc: N1/2 of NE1/4 exc. Romereim Tract and NE1/4 of NW1/4, Section 10, Twp. 98, R. 49 (Canton Twp.), Lincoln County, SD.

If you are in the market for high caliber, productive and well located Lincoln County SD farm land; whether a farm operator or land investment, make plans to inspect these two farms and then attend this great land offering being sold at auction on site.

Terms: CASH. A 10% non-refundable earnest money payment day of sale with balance due on or before March 1st, 2018 with full possession. A clear deed and Owner’s Title Insurance policy will be provided with the cost of the policy and the closing agents fee (Lincoln County Title) to be split 50/50 between the sellers and buyers. Seller to pay all 2017 RE taxes due in 2018 with buyer to assume 2018 tax year. Property is sold by the acres stated at the County Courthouse with the acres understood to be “more or less” and in “AS IS” condition subject to any existing easements, restrictions, reservations or highways of record, if any. FSA yields, bases and payments and other information are estimated and not guaranteed and are subject to county committee approval. The Licensees/Auctioneers in this transaction are acting solely as agents for the Sellers with property sold subject to confirmation of the Trustee.

ROMEREIM FAMILY TRUST, OWNER

Susan Lottman, Trustee, Canton SD

Tom Souvignier, RE Auctioneer & Broker Assoc., Canton, SD (605) 987-2404

Chuck Sutton, Auctioneer & Land Broker, Sioux Falls, SD (605) 336-6315

Ted Souvignier, RE Auctioneer & Broker Assoc., Canton, SD (605) 660-3962

Jared Sutton, RE Auctioneer & Broker Assoc., Flandreau, SD (605) 864-8527

Date

January 23

Time

10:00 am

PDF

View Auction Brochure

Location

Romereim
480th Ave. & 280th St.
Canton, SD 57013

Auctioneers

Tom Souvignier
Chuck Sutton
Ted Souvignier
Jared Sutton

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