Auction Items For Sale
ESTATE LAND AUCTION
+/-198.92 Acres of Choice High Producing Extremely Well Located Lone Rock Township, Moody County, SD Land - Situated in the Garden Spot of Eastern South Dakota
We will offer the following real property at auction at the land located from Flandreau, SD – 3 miles south on Hwy. #13 (481st Ave.), 5 miles east on Hwy. #34 and 1 mile south on 486th Ave. to the Southwest Corner of FARM #1 and the Northwest Corner of FARM #2 (Jct. of 486th Ave. & 234th St.); from the Madison-Colman, SD Exit #109 on I-29 – 13 ½ miles east on Hwy. #34 and ½ mile south on 486th Ave.; from Pipestone, MN – 7 miles west on MN Hwy. #30 to the SD/MN State Line, then continue 1 ½ miles west on SD Hwy. #34 and ½ mile south on 486th Ave.
THURSDAY OCTOBER 22, 2020 SALE TIME: 10:00 AM
AUCTIONEERS NOTE: This auction awards an opportunity to purchase a parcel or parcels of Choice High Caliber Lone Rock Township, Moody County, SD land that is situated in the “Garden Spot” of Eastern SD. This auction is especially noteworthy that the 40 acre parcel being offered for sale has been in owned by the Ellefson/Ekern family for over 120 years dating back to 1899 and the quarter has been family for over 85 years, thus this auction presents an opportunity of a lifetime to purchase this prime cropland. This auction includes choice land with very high percentages tillable and superb soils located in one of the most highly regarded agricultural areas of Eastern SD. If you are in the market for land as an addition to a row crop farming operation or as an investment, you will want to inspect this property and make plans to be in attendance at this auction. Chuck Sutton
This +/-198.92 Acres of Moody County, SD farmland will be offered as FARM #1 – +/-159.08 Acres –
LEGAL DESC.: The SW ¼ of Sec. 9, T. 106N., R. 47W., (Lone Rock Twp.), Moody County, SD – To Be Offered As - Tract #1A - The N. +/-79.56 Acres (N ½ SW ¼), Tract #1B – The S. +/-79.52 Acres (S ½ SW ¼) or Tracts #1A & #1B Combined – The SW ¼ as a +/-159.08 Acre Unit; and
FARM #2 – +/-39.84 Acres - LEGAL DESC.: The NW ¼ NW ¼ of Sec. 16, T. 106N., R. 47W., (Lone Rock Twp.), Moody County, SD
The land being offered for sale on this auction consists of a parcel of land with extremely high percentages tillable and inclusive of choice high caliber cropland with some extremely high caliber soils. According to FSA information Farm #1 as a 159.08 acre parcel has approximately 151.65 acres of cropland, with the nontillable acres are comprised of remnants of a +/-4.37 acre farmstead that includes a 36’x40’ metal storage building w/dirt floor, a Butler +/-7,500 bu. steel grain bin with perforated floor and fan, other incidental improvements, some mature trees and roads. According to FSA information FARM #2 has approx. 38.36 acres of cropland with the only non-tillable acreage being the roadways. According to FSA 156EZ on this property, both Farms #1 & #2 (the +/-200 acres) are combined into one operating unit with 194.38 acres Farmland and approximately 190.01 acres of cropland, with a huge 189.9 acre corn base with a 157 bu. PLC yield and is enrolled under the PLC Election of the USDA farm program. According to NRCS information there is only an old “Official” wetland determination on file as no “Certified” wetland determination has been performed nor requested on this property. According to the Moody County Assessor FARM #1 (the 160 acre parcel) has an overall soil rating of .829 and FARM #2 (the 39.84 acre parcel) has an overall soil rating of .912; similarly info. obtained from Surety Agri-Data, Inc. indicates FARM #1 Soil Index of 87.9 and FARM #2 has a soil index of 91.6 - with the predominate soils on both farms comprised of Class I & II soils. The general topography of this land is level to level to very gently rolling with excellent eye appeal. The RE taxes payable in 2020 on Farm #1 (159.08 Acres) were $4,879.58 and on Farm #2 (39.84 Acres) were $1,325.08. This property has potential to fulfill the needs of a variety of buyers including those looking for extremely high quality productive cropland to add to their farming operation and/or their investment portfolio. These are extremely desirable parcels of high caliber land that truly must be seen to be appreciated!
TERMS: Cash - A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before December 10, 2020, with possession, subject to the rights of the current tenant to harvest the 2020 crops in accordance with the 2020 farm lease. Marketable Title will be conveyed and an Owner’s Title Insurance Policy will be provided with the cost divided 50-50 between the buyer & seller. These properties will be sold in accordance to surveys as completed by Midwest Land Surveying, Inc. and if FARM #1 is sold as a unit, it will be sold as 159.08 acres and if divided into two individual parcels - Parcel A will be 79.56 Acres & Parcel B will be 79.52 Acres; FARM #2 – has also been surveyed and will be sold as 39.84 Acres – Certificates of Survey will be Provided and surveyed acres are understood to be “more or less”. All of the 2019 RE taxes payable in 2020, as well as all of the 2020 RE taxes payable in 2021 will be paid by the estate/sellers. The sellers do not warranty or guarantee that existing fences lie on the true & correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA yields, bases, payments or other info. is estimated and subject to County Committee approval. Information contained herein is deemed to be correct but is not guaranteed. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, and subject to Moody Co. Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Sold subject to confirmation of the Trustee/Personal Representative.
Please mark your calendars and plan to attend this auction, or if you are unable to attend and need to make arrangements to bid by phone, then contact the auctioneers prior to sale day to make arrangements. To View FSA Maps, Soils or additional information, see www.suttonauction.com or contact the auctioneers.
DEAN EKERN ESTATE
Donna Smith – Personal Representative – Flandreau, SD
CHUCK SUTTON - Auctioneer & Land Broker - Sioux Falls, SD - ph. 605-336-6315
& Flandreau, SD - ph. 605-997-3777
DEAN STOLTENBERG - Auctioneer & RE Broker Associate – Jasper, MN – ph. 507-348-7352
JARED SUTTON - Auctioneer & RE Broker Associate - Flandreau, SD - ph. 605-864-8527