LAND AUCTION

 

480.07 Acres of Unimproved Charles Mix & Douglas County, SD Land

Located Near Delmont, SD - To be Offered as Four Individual Farms

FARM #1 - 160 Acres in Charles Mix Co., SD & FARM #2 - 80 Acres,

FARM #3 - 80.07 Acres & FARM #4 – 160 Acres – All in Douglas Co., SD

 

We will offer the following real property at auction, with Farms #1, #2, #3 & 4 all be offered for sale at the site of FARM #1 - Located from Delmont, SD - 4 miles south on 401st Ave. to 288th St., then 2 miles west to the SE Corner of Farm #1 at the Jct. of 399th Ave. & 288th St.

 

WEDNESDAY FEBRUARY 15, 2012                 Sale Time:  10:00 AM

 

FARM #1: SALE SITE - 160 Acres of Choice High Percentage Tillable Unimproved Choteau Creek North Twp., Charles Mix Co., SD Land – LEGAL DESC.:  The SE ¼ of Sec. 18, T. 97N., R. 62W., Charles Mix Co., SD - Located from Delmont, SD - 4 miles south on 401st Ave. to 288th St., then 2 miles west to the SE Corner of Farm #1 at the Jct. of 399th Ave. & 288th St.

 

Farm #1 consists of a parcel of land that might be best described as Choice, Choice, Choice!   This farm has an extremely high percentage of cropland and has excellent eye appeal and features some high caliber productive soils.  According to FSA information this 160 acre farm has approx. 154.6 acres of cropland with a 30.9 acre corn base with an 56 bu. Direct & CC yield, a 32.4 acre soybean base with a 24 bu. Direct & CC yield, a 37.1 acre Grain Sorghum base with a 58 bu. Direct & CC yield and a 28.2 acre wheat base with a 27 bu. Direct & CC yield.   According to Surety Agri Data Inc. this farm has a very good Productivity Index of 89.1 which corresponds closely to the avg. parcel rating of .870 as provided by the Charles Mix Co. Assessor, with the predominate soils comprised primarily of productive high quality Class II soils.  The general topography of this land is level to very gently rolling. The 2011 RE taxes payable in 2012 on this property are $2,477.78. This is a very desirable parcel of land that is extremely well suited to be utilized as an addition to a row crop farming operation or as an investment.

 

FARM #2:  80 Acres of High Percentage Tillable Belmont Twp., Douglas County, SD Land – LEGAL DESC.: The W½ SW¼ of Sec. 35, T. 98N., R. 62W., Douglas Co., SD. - Located from Farm #1 – 2 miles east, 2 miles north on 401st Ave, 1 mile east on Hwy. #18 & 1 mile north on 402nd Ave., with the SW Corner of Farm #2 at the Jct. of 402nd Ave. & 285th St.; from Delmont, SD (Water Tower on East Main St.) - ½ mile east on Co. Hwy. (284th St.), then 1 mile south on 402nd Ave.

 

Farm #2 consists of a very high caliber parcel of land which has a relatively high percentage tillable.  The general topography of this land is gently rolling with excellent eye appeal.   According to FSA information this farm has approx. 73.9 acres of cropland with a 17.6 acre corn base with an 56 bu. Direct & CC yield a 26.0 acre Grain Sorghum Base with a 58 bu. Direct & CC yield  and a 15.6 acre soybean base with a 24 bu. Direct & CC yield.  According to Surety Agri Data Inc. this farm has a very good Productivity Index of 81.8 which corresponds closely to the avg. parcel rating of .806 as provided by the Douglas Co. Assessor, with the predominate soils comprised primarily of productive high quality Class II soils.  The 2011 RE taxes payable in 2012 on this property are $1,110.74. This is a very desirable parcel of land that is extremely well suited to be utilized as an addition to a row crop farming operation or as an investment.

 

FARM #3:  80.07 Acres of Unimproved Belmont Twp. Douglas Co., SD Land -  Inclusive of a Substantial Number of Acres that Could Potentially be Converted to Row Crop Use, As Well as Some Acres of Hayland/Grass, Creek, Trees and Areas with some Hunting & Wildlife Habitat – LEGAL DESC.:  The W½ SW ¼ of Sec. 36, T. 98N., R. 62W., Douglas Co., SD. - Located from the SW Corner of Farm #2 - 1 mile east, with the SW Corner of the Farm #3 situated at the Jct. of 285th St. & 403rd Ave.; or from Delmont, SD (Water Tower on East Main Street) – 1½ miles east on 284th St. and ½ mile south on 403rd  Ave. to the NW Corner of Farm #3.

 

Farm #3 consists of a farm which appears to have a substantial number of acres which could potentially be converted to row crop use, especially throughout the north 2/3rds of the farm, as the majority of this farm presently is being utilized has hayland/grass.  According to FSA information this farm has approx. 5.2 acres of cropland with a 4.6 acre corn base with an 56 bu. Direct & CC yield.  According to Surety Agri Data Inc. this farm has a Productivity Index of 71.7 which is slightly lower than the avg. parcel rating of .835 as provided by the Douglas Co. Assessor, with the predominate soils found on the upland comprised primarily of Class II soils and the creek and lowland areas comprised primarily of Class VIw soils.  The 2011 RE taxes payable in 2012 on this property are $1,103.44. This is a parcel of land which appears to have much more potential and productivity than the current method of operation, that with NRCS approval could potentially have a significant number of acres suitable for row crop production.  Areas of this farm, especially in and around the creek, the trees and lowland areas could provide some hunting and recreational amenities.  This land could serve as a nice addition to an area crop/livestock operation or as an investment.

 

FARM #4:  160 Acres of Unimproved East Choteau Twp. Douglas Co., SD Land -  Inclusive of a Substantial Number of Acres that Could Potentially be Converted to Row Crop Use, as well as Some Acres of Hayland/Grass, Creek, Trees & Areas with some Hunting & Wildlife Habitat - LEGAL DESC.:  The NW 1/4 of Sec. 1, T. 97N., R. 62W., Douglas Co., SD. - Located directly south of Farm #3, with the NW Corner of Farm #4 situated at the Jct. of 285th St. & 403rd Ave.; or from Delmont, SD (Water Tower on East Main St.) - 1½ miles east on 284th St. and 1 mile south on 403rd  Ave. to the NW Corner of Farm #4. 

 

Farm #4 consists of a farm which appears to have a substantial number of acres which could potentially be converted to row crop use, as the majority of this farm presently is being utilized has hayland/grass.  According to FSA information this farm currently has approx. 39.8 acres considered to be cropland with a 8.0 acre corn base with an 53 bu. Direct & CC yield, a 14.7 acre soybean base with a 27 bu. Direct & CC yield, a 14.7 acre Grain Sorghum base with a 56 bu. Direct & CC yield and a 7.2 acre wheat base with a 27 bu Direct & CC yield.   According to Surety Agri Data Inc. this farm has a Productivity Index of 79.5 which is slightly lower than the avg. parcel ratings of .838 on the W½ NW¼  and .808 on the E½ NW¼, as provided by the Douglas Co. Assessor, with the predominate soils found on the upland comprised primarily of Class II soils and the creek and lowland areas comprised primarily of Class VIw soils.  The 2011 RE taxes payable in 2012 on this property on the W½ NW¼  of Sec. 1 are $1,014.74 and on the E½ NW¼ of Sec. 1 are $981.52.. This is a parcel of land which appears to have much more potential and productivity than the current method of operation, subject to NRCS compliance could potentially have a significant number of acres suitable for row crop production.  Areas of this farm, especially in and around the dugout, creek, trees and lowland areas in the southwest portion of the farm could provide some hunting and recreational amenities.  This land could serve as a nice addition to an area crop/livestock operation or as an investment.

 

TERMS: Cash – A 10% non-refundable downpayment on the day of sale & the balance on or before March 30, 2012.  This land is currently under lease, although the lease provides a provision for sale of the land, which allows the purchaser the right to terminate the lease with written notice upon sale, although the existing tenant shall have the right to harvest crops planted and growing concurrent with the date of sale, if any. Trustee’s Deeds will be conveyed and Owner’s Title Insurance provided, with the cost of the owner’s policies divided 50-50 between the buyer and seller.  Each of these farms are sold based on the acres as stated on the County tax records, with the acres understood to be “more or less”.  Any Fall Tillage completed on these farms will pass at “no cost” to the buyer.  The sellers do not warrant or guarantee that existing fences lie on the true & correct boundary, any new fencing, if any, or future maintenance of fences is the responsibility of the buyer in accordance with SD law.  All of the 2011 RE taxes due in 2012 will be paid by the seller.  These properties are sold “As Is Condition” and 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. This property is sold subject to existing lease provisions, easements, restrictions, reservations or highways of record, if any, as well as any or all Co. Zoning Ordinances.  Sold subject to confirmation of the Trustee.

 

For additional information, contact the auctioneers.

 

FAITH P. EWING LIVING TRUST

Trudy A. Morgan – Morgan-Theeler LLP, Attorney & Closing Agent for the Seller

- Mitchell, SD – ph. 605-996-5588

 

CHUCK SUTTON - Auctioneer & Land Broker -

Sioux Falls, SD - ph. 605-336-6315 & Flandreau, SD - ph. 605-997-3777 

TERRY HAIAR – RE Auctioneer & Broker Assoc. – Alexandria, SD – ph. 605-239-4626