Larson – +/-156.93 Acres of Red Rock Twp., Minnehaha Co., SD Land – with 4 Rural Housing Eligibilities & Tillable Ground!
June 4 @ 10:00 am
ESTATE LAND AUCTION
+/-156.93 Acres of Extremely Well Located Red Rock Township, Minnehaha County, SD Land – Inclusive of 4 Rural Housing Eligibilities & a High Percentage of Tillable Highly Productive Cropland – This Property Has Tremendous Potential for Establishment of a Rural Residential Construction Site or Sites for a New Home(s) by Use of the 4 Housing Eligibilities Assigned to this 156.93 Acre Farm – 2 Sites Will be Offered as Individual Parcels and 2 Remaining Housing Eligibilities to Pass with the Larger 136.07 Acre Parcel or as Assigned to the Combinations of Parcels – This Land is Very Well Located Lying Adjacent to a County Hardsurfaced Highway and is Situated Just Minutes from Brandon, SD, Sioux Falls, SD & Other Area Communities & Points of Interest
To view drone video – click the link below . . .
We will offer the following real property at auction at the acreage site on this land located at 26146 484th Ave., Brandon, SD; from Brandon, SD Exit #406 on I-90 – Approx. 1½ mile south on Splitrock Blvd./Hwy. #11, then 2 miles east on Aspen Blvd./262nd St. to the Beaver Valley Church Corner, then ½ mile north on 484th Ave. (Co. Hwy. #109) to the Southwest Corner of the Land; or from the Jct. of Splitrock Blvd. & Redwood Blvd./261st St. in Brandon, SD – 2 miles east to the NW corner of the land (The Northwest Corner of the Land is at the Jct. of 484th Ave & 261st St.); or from Garretson, SD – ½ mile south and 1 mile west on Hwy. #11, then 7 miles south on 484th Ave.; or from Valley Springs, SD – approx. 3 miles west and ½ mile north on 484th Ave.
FRIDAY JUNE 4, 2021 SALE TIME: 10:00 AM
Auctioneer’s Note: LOOKING FOR RURAL HOME CONSTRUCTION SITES AND/OR HIGH CALIBER CROPLAND NEAR BRANDON, SD? If so, Don’t Miss This Opportunity! This is an extremely well located property that will be offered in multiple parcels – including the existing farmstead with existing trees & other incidental site improvements that would be a phenomenal potential site for construction of a new home on +/-14.48 acres, a second unimproved +/-6.42 acre potential housing site being offered in the Northwest Corner of the farm, as well as a +/-136.07 acre parcel with productive high percentage tillable cropland and as combinations of the aforementioned parcels. The location of this property is excellent, as it lies adjacent to a hardsurfaced highway and is located within only 1 mile from the Brandon City Limits. This auction is especially noteworthy as this land has been in the Larson Family many decades and was originally homesteaded by Iver Larson in 1881, thus this auction truly presents an opportunity of a lifetime to purchase this unique parcel of land. This property certainly could fulfill your wish list, as this could be a great property for individuals searching and desiring to build a new rural home, and/or as land to add to your farming operation or as an investment, so be sure to take time to inspect this property and plan to be in attendance at this auction. Chuck Sutton
THIS PROPERTY WILL BE SOLD SUBJECT TO AN EXISTING FARM LEASE FOR 2021 – with the buyer to receive a seller enhanced rent at closing of $250.00 per acre on 140 acres as a 156.97 acre unit or a pro-rata share of +/-3 acres on Parcel #1; +/- 6 acres on Parcel #2 & +/-131 acres on Parcel #3.
Properties such as this are extremely difficult to find in Minnehaha County, SD, as this property has a combination of amenities that are difficult to find within one parcel of land, especially being located within a close proximity to Brandon, SD. This property will be offered as PARCEL #1 – +/-14.48 Acres – An Executive Home Construction Site Including the Former Farmstead with Electrical On Site, Trees & 1 Rural Housing Eligibility that is Situated in the Southwest Corner of the Property; PARCEL #2 – +/-6.42 Acres of Rolling Scenic Land with a Great View & 1 Rural Housing Eligibility – Located in the NW Corner of the Farm; PARCEL #3 – +/-136.07 Acres of High Percentage Tillable Cropland w/2 Rural Housing Eligibilities or as Any Combination Thereof or as the Entire +/-156.97 Acre Unit With a High Percentage Tillable & Inclusive of a Total of 4 Rural Housing Eligibilities. This auction presents the opportunity for individuals in the market for spectacular extremely well located rural future home sites, row crop operators, investors & other in the market for a terrific multifaceted parcel of land. This property features an excellent location lying adjacent to Co. Hwy. #109 (484th Ave) that is within easy commuting distance to Brandon, Sioux Falls, Garretson, SD & other area communities & points of interest. It is very unusual to find a rural parcel of land that presents not just 1 but 2 spectacular potential future home construction sites. The first site being PARCEL #1 which is located at 26146 484th Brandon, SD. Parcel #1 is a sizeable +/- 14.48 acre parcel of land on what formerly had been a rural farmstead in years gone by – which includes an established mature grove of trees, a small abandoned 1½ story farm house that is in “tear down condition”, a windmill tower & well, a long steel corncrib, wooden chicken house and other incidental improvements and its’ own driveway and a scenic rural countryside view and which will be inclusive of some grassland & cropland acres situated south and east of the farmstead. It is especially noteworthy that there is Sioux Valley Energy electrical in place on the property. PARCEL #2 consists of a +/- 6.42 acre scenic rolling parcel of land that lies in the Northwest Corner of the farm adjacent to Co. Hwy. #109 on the West and 261st on the north – Parcel #2 as surveyed runs approx. 575’ East and West & 500’ North and South at the Jct. of 484th Ave. & 261st St. and is a site which affords a spectacular view and a terrific location for establishment of a new rural rural home – access to this parcel is restricted to enter from 261st Street, as the County “will not” allow any additional access from Co. Hwy. #109. The natural terrain of Parcel #2 could be very adaptable to a walkout or other popular type of home. Even though both of these sites have their differences, either could be developed into terrific “jazzy” rural home sites. (There has been no Rural Water Service to Either Parcel #1 or #2 – According to M’haha. Community Rural Water – for Parcel #1 a service line runs on the West Side of 484th Ave. and service would require a Hwy. bore, subsequently estimated costs would run approx. $2,500.00 for the Hwy bore, $1,100.00 for the membership and approx $2,000.00 for the meter pit & service line which could be higher depending on location of the pit and future residence; for Parcel #2 – RW has a line on the north side of 261st Street with no road bore anticipated, although this would be at the discretion of the Township, Rural Water & Installer, although there would be an $1,100.00 membership & estimated $2,000.00 meter pit and service line **Note these are estimated costs only and are subject to change! Individuals interested in obtaining rural water should contact Minnehaha Community Rural Water for Information concerning costs, availability and other specifics at 605-428-3374.**) The remainder of this farm in Tract #3 consists of +/-136.07 acres according to the survey and has 2 remaining rural housing eligibilities. This parcel as a 156.97 Acre Unit has a high percentage tillable with a gently rolling to somewhat hilly terrain; as according to FSA information, as a unit this farm has approximately 140.40 acres of cropland, with the nontillable acres comprised primarily of the existing farmstead, trees, waterway & roads, with a 114.90 acre corn base with a 148 Bu. PLC yield and a 3.80 acre soybean base with a 48 bu. PLC yield. According to Minnehaha County Assessors information this farm has an overall soil rating of a .765 and comparatively Surety Agri-Data Inc. indicates this parcel has a weighted soil rating of a 78,0. According to Minnehaha County Planning & Zoning this property has 4 Rural Housing Eligibilities – 1 being utilized by the existing farmstead and 3 available. If you are in the market for a parcel of land with 4 housing eligibilities & a variety of desirable attributes, then make plans to inspect this property & be in attendance at this auction!
LEGAL DESC.: The NW¼ of Sec. 31, T. 102N., R. 47W., (Red Rock Twp.), Minnehaha County, SD.
TERMS: Cash – 10% nonrefundable earnest money payment sale day & balance on or before July 23, 2021, with landlord’s possession for the 2021 crop year, immediate possession will be awarded on the farmstead area not under cultivation; the remainder of the land is under a cash lease for 2021, with Fall possession subsequent the harvest of the 2021 standing crops and subject to the terms of the existing lease and lease termination agreement. Marketable Title will be conveyed and an Owner’s Title Insurance Policy will be provided with the cost divided 50-50 between the buyer & seller. A title company closing fee, if any, will be divided 50-50. The acres in this property are to be based on the acres as determined by a survey as completed by Midwest Land Surveying, Inc., with the acres understood to be “more or less”, with the survey cost paid by the owners. The sellers do not warrant or guarantee that existing fences lie on the true & correct boundary, any new fencing or future maintenance of fences is the responsibility of the buyer in accordance with SD law. The 2020 RE taxes payable in 2021 in the amount of $4,723.66 will be paid by the estate; the purchaser will be responsible for all of the 2021 RE taxes payable in 2022. 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 M’haha. 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. 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. Broker Participation Welcome, with a 1% commission payable to a licensed SD RE Broker who properly pre-registers and represents a successful purchaser and that meets the prescribed criteria for Broker Participation – for Information Broker’s should contact Chuck Sutton Auctioneer & Land Broker, LLC – ph. 605-336-6315.
HEIRS OF MARJORIE LARSON – Larry I. Larson & Margaret J. Schaub, Owners
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls & Flandreau, SD – ph. 605-336-6315
JARED SUTTON – Auctioneer & RE Broker Associate – Flandreau, SD – ph. 605-864-8527
DEAN STOLTENBERG – Auctioneer & RE Broker Assoc. – Jasper, MN – ph. 507-829-6856
& TOM SOUVIGNIER – Auctioneer & RE Broker Assoc. – Canton, SD – ph. 605-987-2404