78.8 Acres of Highly Productive High Percentage Tillable Baker Township, Davison County, SD Land
Due to the divided ownership in this land the owners have decided to offer the following real property at auction, with the auction to be held “On Site” at the land – Located from Mitchell, SD (Exit #332 on I-90) – Approx. 10 ½ miles south on Hwy. #37 to Mike’s Corner at Ethan, SD, then 13 miles west on 265th St., then 1 mile north on 397th Ave. and ¼ mile east on 264th St. to the SW Corner of the land; from the Mount Vernon Exit #319 on I-90 – 9 ½ miles south on 397th Ave. and ¼ mile east on 264th St. (**Note** – Due to Bridge Construction S. of Mt. Vernon a detour may be necessary); from Stickney, SD (Jct. Hwy. #281 & 262nd St. – approx. 9 miles east, 2 miles south on 397th St. and ¼ mile east on 264th St.
TUESDAY OCTOBER 20, 2020 SALE TIME: 10:00 AM
This auction provides the opportunity to purchase a high quality parcel of Baker Township Davison County SD land. This 79.02 acre parcel has been part of a quarter section that has been in the Gerlach Family and descendants thereof for many decades, although at this time due to the undivided ownership in this parcel of land, the owners have decided to sell this 80 acre farm – previously this land has been operated in common as part of a larger 160 acre parcel and in conjunction with an adjoining 80 acre property owned by their aunt, and throughout the years has been accessed from the west through that parcel of land, subsequently a new owner will need to develop their own access to this parcel of land being sold from the minimum maintenance road that borders the south side of the property, which should not be very difficult as the ditch is nearly level in areas. According to FSA information this 79.02 acre farm has approximately 75.28 acres of cropland with a 46.79 acre corn base with a 96 bu. PLC yield, an 11.3 acre soybean base with a 36 bu. PLC yield and a 12.92 acre oats base with an 83 bu. PLC yield with this land currently enrolled under the ARC Co. election of the USDA farm program. The non-tillable acres on this farm consist primarily of a +/-2.95 acre tree grove that runs east and west through the south third of the farm. According information from Surety Agri-Data, Inc. this farm has a weighted average productivity index of a 79.3; comparatively Davison Co. Assessor’s info. indicates this farm has an overall soil rating of 74.6. The general topography of this land is level to very gently rolling. The 2019 RE taxes payable in 2020 on this property were $1,622.10. This farm has very good eye appeal and must be seen to be appreciated. A recent survey of this property has been completed at the expense of the owners by Midwest Land Surveying, Inc., in order to ascertain the actual total acres and establish the location of the west boundary of the property – this land is being sold will be in accordance with the surveyed acres. If you are the market for a parcel of land to add to a row crop farming operation or as an investment, then get your financing in order, as interest rates are at or near record lows making this an extremely good time to make a long term investment in a high caliber farm such as this property. 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.
LEGAL DESC.: The E ½ of the SW ¼ of Sec. 10, T. 101N., R. 62W., (Baker Twp.), Davison County, SD.
TERMS: Cash – A 10% nonrefundable earnest money payment sale day with the balance on or before December 9, 2020, with possession subsequent to the harvest of the 2020 standing crops and 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 Owners Title Insurance Policy will be provided with the cost of the owner’s policy & a title company closing fee, if any, to be divided 50-50 between buyer and seller. This property is being sold based on the acres as determined by a recent survey of the property by Midwest Land Surveying, Inc., with the acres 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 sellers. The seller does 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 Davison 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 Owners. To View FSA Maps, Soils or additional information, see www.suttonauction.com or contact the auctioneers.
JOAN HELVIK & NANCY MANNS, Owners
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777;
TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626 &
JARED SUTTON – RE Auctioneer & Broker Assoc. – Flandreau, SD – ph. 605-864-8527