ACREAGE & LAND AUCTION

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