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Montross – 306.91 Acres of Unimproved Crop & Recreational Land in DeSmet Twp., Kingsbury Co., SD

December 1 @ 10:00 am

ESTATE LAND AUCTION

Multi-faceted +/-306.91 Surveyed Acres of Crop & Recreational Land Located in DeSmet Township in Kingsbury County, SD – Inclusive of a Mixture of Productive Cropland, Wildlife Habitat & Recreational Land – To be Offered in 3 Individual Parcels or as Combinations of Parcels  

We will offer the following real property at auction “On Site” at the land located from DeSmet, SD – 4 miles east on US Hwy. #14 and 3 miles north on 437th Ave. to the Northeast corner of the land at the Jct. of 437th Ave. & 205th St. or from Lake Preston, SD (Jct. US Hwy. # 14 & 441st Ave.) – 4 Miles west on Hwy. #14 and 3 miles north on 437th Ave.

THURSDAY DECEMBER 1, 2022                       SALE TIME:  10:00 AM 

This auction presents a great opportunity to purchase 3 individual parcels, combinations of parcels or the property in its entirety as a +/-306.91 acre unit – all parcels have been surveyed.   This property will have parcels adaptable for row crop use, hunting/recreational use and or recreational/livestock use.  This land is situated in an excellent agricultural & hunting area of Kingsbury County, SD.  This land being inclusive of a mixture of productive cropland, along with acres of grassland, slough/lowland & hunting habitat makes this a desirable recreational property providing a combination of income and recreational amenities not commonly found in the marketplace. 

This property will be offered individually as PARCEL #1 – The West +/-130.18 Acres of Predominately Cropland; PARCEL #2 – +/-114.9 Acres of Predominately Pasture, Grassland, Slough, Hunting & Recreational Land – Running from the North Central Sector of the Farm South and Southeasterly to the Southeastern Portion of the Farm and PARCEL #3 – +/-61.83 Acres of Primarily Cropland situated in generally the N½ NE¼; and in Combinations as Parcel #1 & #2 (+/-245.08 acres), Parcel #2 & #3 (+/-176.73 acres) or as Parcels #1, #2 & #3 – +/-306.91 acres in its Entirety as a Combined Unit.

This property as a whole consists of a total of +/-306.91 surveyed acres.  According to FSA information this farm as a unit has approx. 310.72 acres of farmland with approx. 197.39 acres of cropland with a 68.20 acre corn base with a 133 bu. PLC yield, a 74.50 acre wheat base with a 26 bu. PLC yield and a 25.30 acre soybean base with a 39 bu. PLC yield and is enrolled under the ARC County Election of the USDA farm program. The non-tillable acres on this farm are comprised of some lowland slough acres, grassland/pasture, drainage and roads.  Areas of this property provide a haven for deer, pheasants, waterfowl and other wildlife, which accentuates the hunting and recreational potential of this property.  This farm has some productive soils and has some respectable soil ratings as the majority of the cropland appears to be comprised of Class II & III soils, with lower quality soils on the non-tillable and lowland acres.  According to the Kingsbury Co. Assessor this property has an overall soil rating on the owned portion of the NW¼ of .746 and on the NE¼ of .520, comparatively info. obtained from Surety Agri-Data, Inc. indicates that this parcel as a whole has a productivity index of 63, although the measured cropland acres on Surety Agri-Data indicate that those acres have a productivity index of 78.7.  The general topography of this farm is gently rolling to rather undulating.  According to US Fish & Wildlife there are no existing wetland or grassland easements on this property, although there may be an opportunity for a buyer to enroll portions of this property into a wetland/grassland easement and obtain a substantial payment (especially on proposed PARCEL #2) – additional and more specific information concerning a potential easement enrollment may be directed to Noel Matsen – US Fish & Wildlife RE Specialist – ph. 605-350-3587.  The total 2021 RE taxes payable in 2022 on the owned portion of the NW¼, excluding the previously sold acreage site, were $2,417.64 and on the NE¼ were $1,802.88.  If you are in the market for a parcel of land with both income and recreational amenities, then make plans to inspect this property and be in attendance at this auction.

LEGAL DESC.: The NW ¼, exc. the S. 400’ of the N. 1,056’ of the E. 630’ of the W. 1,156’, and exc. the S. 342’ of the N. 998’ of the W. 526’, Sec. 19, T. 111N., R. 55W.; and the NE ¼ of Sec. 19, T. 111N., R. 55W.; all in DeSmet Twp., Kingsbury Co.,  SD. – containing 308.91 acres M/L according to the recent survey thereof.

TERMS:  Cash – A 10% non-refundable earnest money payment sale day and balance on or before Feb. 10, 2023, with full possession for the 2023 crop year, subject to the existing tenants rights and the lease which expires on Dec. 31, 2022.  Marketable title will be conveyed with owner’s title insurance provided with the cost divided 50-50 between the buyer and seller, additionally a title company closing fee will be divided 50-50 between the buyer and seller.  All of the 2021 RE taxes payable in 2022, as well as the 2022 taxes payable in 2023 will be paid by the sellers.  The total acres in both Farms #1 & #2 are based on the acres as determined by a survey as completed by Midwest Land Surveying, Inc., with the acres are understood to be “more or less”.  The sellers do not warranty or guarantee that the existing fences lie on the on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law.  FSA cropland, yields, bases & 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 County Zoning Ordinances.  The RE licensees in this transaction are acting as agents for the agent for the owners.  Sold subject to confirmation of the Court of the 3rd Judicial Circuit, Kingsbury County, SD.  To view the aerial maps, soils data and other information concerning this property see www.suttonauction.com or to make arrangements for absentee bidding or other information contact the auctioneers.

HEIRS OF DOLLIE MONTROSS, Owners  

CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777

JARED SUTTON, CAI – Auctioneer & RE Broker Associate – Flandreau, SD – ph. 605-864-8527

& WAYNE BESSMAN – RE Auctioneer – Madison, SD – ph. 605-270-4980

Auction Details

Date:
December 1
Time:
10:00 am
Auction Categories:
, ,
Brochure
View PDF

Auctioneers

Chuck Sutton
Jared Sutton, CAI
Wayne Bessman

Auction Details

Date:
December 1
Time:
10:00 am
Auction Categories:
, ,
Brochure
View PDF

Auctioneers

Chuck Sutton
Jared Sutton, CAI
Wayne Bessman

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