ESTATE LAND AUCTION
55 Acres of Very Well Located
Sverdrup Twp., Minnehaha Co., SD Land w/2 Rural Housing Eligibilities
and an Extremely High Percentage Tillable - Located Only Approx. 1/2 Mile from an Oil
Hwy.
and Within Minutes of Sioux Falls, SD.
We will offer the following real property at auction at the land located from Sioux Falls, SD (Ramkota Inn) Exit #81 on I-29 - 5 miles north on I-29 to the Renner-Crooks Exit #86, then just 1 block east, then 3 miles north on Co. Hwy. #133 (472nd Ave.) to Morefield and approx. 1/2 mile east on 255th St.; or from the Midway Corner on Hwy. #115 (Old Hwy. #77) - 2 miles west on Co. Hwy. (254th St.), 1 mile south on 473rd Ave. and 1/4 mile west on 255th St.
FRIDAY FEBRUARY 17, 2012 SALE TIME: 10:00 AM
This is a unique
parcel of land that will be of interest to a variety of buyers, including
individuals in the market for a well located parcel of land located close-in to
Sioux Falls, SD, which has 2 remaining housing eligibilities and a high
percentage tillable. This land is
situated within 1 mile of 2 oil highways.
This is an “L” shaped parcel of land that has a very high percentage
tillable, with the nontillable portions consisting of couple of small areas of
grass located in a waterway and a small area in the SW corner of the land and the
roadway bordering the south side of the land.
According to FSA information this farm has approx. 54.2 acres of
cropland with a 20.6 acre corn base and an 89 bu. Direct & CC yield and a 6.6
acre soybean base with a 54 bu. Direct & CC yield. The
general topography of this land is gently rolling to very rolling. According to Surety Agri
Data, Inc. this farm has a Productivity Index of 69.3. According to Minnehaha Co. Planning &
Zoning this property has 2 rural housing eligibilities (1 by permitted & 1
by conditional use) and with the rolling terrain of this land
this property has some areas which could provide a attractive locations for
utilization of these eligibilities, additionally this land is situated in an
area where numerous modern homes and acreage sites have been established in
recent years. According
to M’haha. Community Rural Water an existing line is located on the
north side of the road along 255th St. This land has potential to be of interest to
row crop operators, investors, individuals desiring to develop an acreage(s) or hobby farm, or others in the market for a
relatively small parcel of well located agricultural land.
LEGAL DESC.:
The SE1/4 SW1/4 & SW1/4
SE1/4, exc. S. 774’ & W. 1407’, Sec. 30, T. 103N., R. 49W., Sverdrup Twp., Minnehaha
Co., SD.
TERMS: Cash - A 15% non-refundable earnest money
payment sale day &
balance due on or before March 30, 2012 with full possession. A
Personal Representatives Deed will be conveyed and owners title insurance will
be provided, with the cost divided 50-50 between the buyer and seller. All of the 2011 RE taxes payable in 2012 in
the amount of $1,144.40, will be paid by the estate. This property is sold based on the acres
stated on the county assessor’s records, with the acres understood to be “more
or less.” The sellers do not warranty or
guarantee that existing fences lie on the true boundary & any new fencing,
if any, will be the responsibility of the purchaser pursuant to SD law. FSA
cropland, yields, bases & other information is estimated and subject to
County Committee approval. This property
is sold subject to existing easements, restrictions, reservations or highways
of record, if any, as well as any or all applicable M’haha. Co.
Zoning Ordinances. Information contained herein is
deemed to be correct but is not guaranteed.
The RE licensees in this transaction stipulate that they are acting as
agents for the seller. Sold subject to confirmation of the Personal Representative.
WILLIAM LARSEN ESTATE – Michele L.
Running - Pers. Rep.
Allen Brown – Vogt, Brown, Merry
& Hammer – Attorney for the Estate – Dell Rapids, SD
CHUCK SUTTON - Auctioneer & Land
Broker
- Sioux Falls, SD - ph. 605-336-6315
& Flandreau, SD - ph. 605-997-3777
TOM
SOUVIGNIER - Auctioneer & RE Broker Assoc. – Canton, SD – ph. 605-987-2404