Multi-Parcel
200.62 Acre Minnehaha County, SD Land Auction - Including 2 Spectacular
Rural
Building Sites for New Home Construction – 1 with existing Mature Trees
& Remnants
of an old
Farmstead and a 2nd which has a Terrific View Overlooking a Small Lake and
Lying
Adjacent to a
Co. Oil Hwy. #122; Plus Unimproved Cropland and Pasture with 3 Remaining
Rural Housing
Eligibilities – This Land is just 10 miles from Hartford, 6 miles from
Humboldt and within 20 miles of Sioux Falls, SD
We will offer these parcels of Minnehaha County,
SD Land at the property located from Hartford, SD – Approx. 5 ½ miles north
on the Colton Rd. – (Co. Hwy. #149/464th Ave.), then 5 miles west on 254th St Co
Hwy. #122; from Humboldt, SD – 4 miles north on Hwy. #19 to the Montrose
Corner, then approx. 1 1/2 miles east on 254th St. to
the north side of the land; from Montrose, SD – 6 miles east on 254th St. to
the Montrose Corner on SD Hwy. #19, then continue approx. 1 1/2 miles east
on 254th St. to
the north side of the land; from Sioux Falls, SD – 1 mile north on I-29 to
Exit #83 (60th St. & Hwy. #38), 8 miles west on Hwy. #38
to Hartford, SD, then Approx. 5 ½ miles north on the Colton Rd. – (464th Ave.),
then 5 miles west on 254th St.; the abandoned farmstead on this property
is located at 25431 459th Ave. Humboldt, SD.
THURSDAY SEPTEMBER 23, 2010 SALE
TIME: 10:00 AM
AUCTIONEERS
NOTE: Beryl Kapaun
the owner of this property is 111 years old and the oldest resident of
South Dakota and this property has been in her family for several decades
dating back to the early 1900’s, thus this auction presents a “Once in a
Lifetime Opportunity” to purchase this land. This auction presents a great
opportunity to purchase some exceptional potential rural acreage
residential construction sites and land with a mixture of productive
cropland and pasture situated in Clear Lake Twp. in Minnehaha County,
SD. This is an extremely unique
property that will be of interest to a variety of buyers including those
interested in attractive potential rural home sites that have attributes
that are difficult to find in rural Minnehaha County,
furthermore this property has potential to be of interest for
crop-livestock operators, wildlife enthusiasts and investors. We will offer this very well located
property in various tracts and combinations of tracts at auction in a
manner which provides a variety of options for buyers. Please mark your calendars and make plans
to attend this auction!
This
property will be offered as – Tr. #1 – The + 3.78
Acre Acreage with an Abandoned Farmstead & Dense Grove of Mature Trees;
Tr. #2 – + 4.52
Acre Potential Rural Bldg. Site Overlooking a Small Lake with a natural
terrain that would be extremely well adapted for a home with a walk-out
basement – located north and east of the lake which is situated in the
Northwest portion of the farm and adjacent to the Co. Oil Hwy. (254th St.);
Tr. #3 – + 192.32
Acres of Cropland & Pasture; Tracts #1 & #3 Combined – 196.10 Acres
Including the Former Farmstead & the Cropland & Pasture; Tracts #2
& #3 – 196.84 Acres Including a Spectacular Potential Rural Bldg. Site,
Small Lake, Cropland & Pasture or Tracts #1, #2 & #3 Combined – The
200.62 Acre Unit.
This
is an extremely unique property which has many excellent amenities, some of
which are extremely difficult to find in rural Minnehaha County, SD, as
this property has an abandoned rural farmstead with dense mature trees, a
second parcel which is adjacent to a Co. Oil Hwy. that has a breathtaking
view overlooking a small lake or large stock pond and a terrain which would
be extremely well adapted for a home with a walk-out basement and a third
parcel or combination of parcels including unimproved cropland with a
mixture of cropland and pasture and more!
According to Minnehaha Co., P&Z this 200 acre farm has a total
of 5 rural housing eligibilities if sold as a unit; otherwise 1 eligibility
will be assigned to Tr. #1 (the former farmstead), 1 eligibility will be
assigned to Tr. #2 (the proposed acreage site lying adjacent to the lake)
and 3 eligibilities will remain with Tr. #3 – the 192.32 acres of cropland
& pasture. Minnehaha Community
Rural Water is located with a main line running on the south side of Co.
Hwy. #122 (254th St.) and a main line running along the west
side of 459th Ave.; for information concerning availability
and costs contact M’haha Comm. Rural Water @
605-428-3374. According to FSA
information as a 200 acre unit this farm has approx. 124.7 acres of
cropland with the remainder in a pasture with a large stock pond/lake,
waterways, bldg. site, roads and other non-tillable areas; and an FSA corn
bas of 77.3 acres with a 65 bu. Direct and 65 bu. CC yield, a 31.6 acre
soybean base with a 24 bu. Direct and 24 bu. CC yield and a 7.0 acre wheat
base with a 28 bu. Direct and CC yield. The general topography of the cropland on this farm
is gently rolling to rolling with the pasture and some areas being gently
rolling to rather hilly. There has been
an application made with the M’haha. Co. Hwy.
Dept. for a driveway approach at the NE corner of proposed Tr. #2, hence if
parcels #2 & #3 sell separately from one another there will be a mutual
access easement on the proposed driveway for the benefit of Tracts #2 &
#3; the cost of the proposed driveway will be paid by the Seller. This is a “One of a Kind Property” which
must be seen to be appreciated!
LEGAL DESC.: The NE ¼ and the E ½ E ½ NW ¼ Sec. 26, T. 103N., R.
52.W., (Clear Lake Twp.), Minnehaha Co., SD, which if divided will include
Tracts #1 & #2 of Kapaun’s Addition. – according to the
certificate of survey thereof.
TERMS: Cash - A 10% non-refundable earnest money deposit sale day
& balance at closing on or before Dec. 1, 2010 w/possession subject to
the existing tenants rights to harvest the 2010 standing crops. Marketable
Title will be conveyed and owners title insurance
will be provided w/the cost of the owners policy divided 50-50 between the
buyer & seller. All of the 2009
RE taxes payable in 2010 as well as all of the 2010 RE taxes payable in
2011 will be paid by the sellers.
The acres in the respective tracts or on the entire unit are based
on surveyed acres, with the survey costs paid by the sellers. The sellers do not guarantee that
existing fences lie on the true and correct boundary and any new fencing,
if any, will be the responsibility of the buyer(s) pursuant to SD Law. FSA yields, bases, payments & other
information is estimated and not guaranteed and are subject to County
Committee Approval. Information contained herein is deemed to be correct
but is not guaranteed. This property
is sold in AS IS CONDITION and subject to any existing easements,
restrictions, reservations or highways of record if any, as well as any or
all Minnehaha County Zoning Ordinances.
The RE licensees in this transaction are acting as agents for the
sellers. Sold
subject to confirmation of the Owner’s POA.
BERYL KAPAUN, Owner
Ellen Head &
Linda Enstrom – POA’s
Roger Gerlach – Attorney for the Owner – Salem, SD – ph.
605-425-2911
CHUCK SUTTON - Auctioneer & Land Broker
Sioux Falls, SD -
ph. 605-336-6315 & Flandreau, SD - ph. 605-997-3777
TERRY HAIAR –
Auctioneer & RE Broker Associate – Alexandria, SD – ph. 605-239-4626