Auction Items For Sale
ACREAGE/HOBBY FARM AT AUCTION
Well Located +/- 41.15 Acre Acreage/Hobby Farm Located North of Madison, SD with Access Lying Adjacent to Hwy. #81 – Including an Older 2 Story Fixer Upper 4 Bedroom Home,
Shop & Livestock Buildings & Other Improvements Situated in a Pleasant Rural Setting With A Dense Mature Grove & Personal Property Including Farm & Hobby Farm Machinery, Guns, Many Shop Items & Carpentry Tools, Livestock Equipment, Household Items & More!
As Melvin has decided he can no longer maintain his acreage and has made the difficult decision to move to town, he had decided to offer his acreage/hobby farm and personal property at auction, with the auction to be held at the property located at 22750 US Hwy. #81, Madison, SD; from Madison, SD (Jct. of Hwy’s. #34 & #81 (Pizza Ranch Corner) – 5 ½ miles north on Hwy. #81; from Arlington, SD – approx. 2 ½ miles south on Hwy. #14 & #81 to the Hwy. Curve, then continue approx. 16 ½ miles south on Hwy. #81.
MONDAY AUGUST 16, 2021
SALE TIMES: Personal Property – 3:00 PM w/Real Estate to follow at approx. 7:00 PM
OPEN HOUSE DATES: Sunday August 1st from 1:00 to 3:00 PM and Wed. Evening Aug. 4th from 5:00 to 7:00 PM or Shown by Appointment Arranged with Either the Auctioneers or the Owner
Auctioneer’s Note: WANT TO FILL YOUR ACREAGE WISH LIST?? If so, this acreage has the amenities that acreage buyers are looking for – A Location with access lying adjacent to a hard surfaced highway, a pleasant rural setting with an established grove & other mature trees, rural water & electricity to the farmstead and farm outbuildings & enough acres for a raising a few head of livestock and/or hayland or row crop production with a Fixer-Upper Home or With Removal of the Existing Residence This Could be a Very Desirable Location for Construction of a New Home on a Site Containing Approx. 41.15 Acres. This Property has Potential to Meet the Needs of a Variety of Buyers and Must be Seen to be Fully Appreciated!
Properties such as this are extremely difficult to find, as this property has a combination of amenities which are difficult to find within one parcel of land, as this property has a combination of existing mature trees, rural water & electrical in place on site, other developed site improvements and has a few acres of adjacent land for livestock, hay or row crop production or other conforming use and last but not least – a great location within 5 ½ miles of Madison, SD, and other nearby communities of Ramona, Rutland & Nunda, SD and other communities and points of interest. The improvements on the property include a fixer-upper type home that is in need of some updating and repair, with the home comprised of an older 2 story home with a main level comprised of an enclosed south entry, kitchen w/built-in cabinets & dining area, living room w/sliding patio door to a covered concrete patio, dining room w/new carpet, bedroom w/closet, full bath w/tub and adjacent dressing room and there is a window AC w/remote control; the second story includes 3 bedrooms (2 w/closets) and hallway with a large walk-in storage closet; the home has a partial basement with a newer Bryant LP gas furnace, Marathon HW heater, 100 amp breaker elec. service and a chest freezer that will stay with the home. The exterior of the home has wooden siding and had new shingles installed in April 2021. Other improvements include an unattached double garage, barn/shop building, a galv. metal machine shed and other incidental improvements. The property is serviced by Sioux Valley Energy Rural Electric and Kingbrook Rural Water. This property has a dense mature tree grove on the north and east of the farmstead and others trees at various locations on the property. According to Lake County Planning & Zoning this parcel has 1 rural housing eligibility currently consumed by the existing residence, although with the removal of the existing residence this could be a great location for construction of a new home. This property includes a total of approx. 41.15 acres which could allow space for a few head of livestock, some hayland & grass for grazing, garden and/or other utilizations. With the location & other amenities of this acreage, this property has a great deal of potential and makes this property a rare find in Lake County, SD and is a property that truly must be seen to be fully appreciated!
LEGAL DESC.: Tract 1 of Fatland’s Add’n. in the W½ of Sec. 7, T.107N., R.52W., (Leroy Twp.), Lake County, SD.
TERMS: Cash - A 10% non-refundable earnest money payment on sale day and the balance on or before Oct. 1, 2021 with possession. Marketable Title will be conveyed and owners title insurance 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 & seller. All of the 2020 RE taxes due and payable in 2021 in the amount of $1,074.61 will be paid by the seller, in addition the owner will credit the buyer with that same amount of $1,074.61 towards the payment of the 2021 RE taxes payable in 2022, with the buyer to be responsible for any additional amounts due. The acres in this property are based on the acres as stated on the Lake County tax records, with the acres understood to be “more or less.” This property is sold in “AS IS” condition, with no contingencies for financing, inspections, appraisals or other items whatsoever, and is sold subject to any existing easements, restrictions, reservations or highways of record, as well as being subject to any or all Lake County zoning ordinances. Any or all fencing will be the responsibility of the buyer(s) in accordance with SD Law. The information contained herein is deemed to be correct, but is not guaranteed. The RE licensees in this transaction are acting as agents for the seller. Sold subject to confirmation of the owner.
COME PREPARED TO BUY!! To view the property, plan to attend the Open Houses or Contact the Auctioneers for an Appointment. To view photos, FSA aerial photos and other information see suttonauction.com . Watch for Upcoming Ads Inclusive of the Personal Property.
MELVIN WOLLMAN, Owner
Home Ph. 605-256-4009 or Cell Ph. 605-480-0262
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD - ph. 605-336-6315
& Kuhle-Sutton Agency, LLC - Flandreau, SD - ph. 605-997-3777
WAYNE BESSMAN – RE & Pers. Property Auctioneer – Madison, SD –ph. 605-270-4980
JARED SUTTON – RE Auctioneer & Broker Assoc. – Flandreau, SD – ph. 604-864-8527 &
RICK BECKER – Pers. Property Auctioneer – Madison, SD – ph. 605-480-1976