77.75 Acres of Unimproved Wall Lake Twp., Minnehaha Co., SD Land

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MINNEHAHA COUNTY LAND AUCTION

 Offering 77.75 Acres of Well Located Wall Lake Twp. Land in 2 Parcels or Unit

We will offer the following ideally located farm parcel in either 2 smaller tracts or as a whole 77.75 acres which is located at the “Wall Lake Corner” at the intersection of SD Hwy 42 (256^th St.) and County Road 151 (463^rd Ave.) or directly east of the Wall Lake Corner Station; or from I-29 and 12^th St. Exit in Sioux Falls SD, go 8 1/4 miles west; or from West Hartford SD  I-90 Exit #387, go 4 1/2 miles south on 463^rd Ave. (C Rd 151).

WEDNESDAY, MARCH 8th, 2017       1:00PM

This auction affords an opportunity to purchase either an ideally located 37.96 acre north parcel or 39.79 acre south parcel of land for either a rural acreage site, small hobby farm or investment; or purchase the entire 77.70 acres. This property is located adjacent to 2 main hard surface roads (SD Hwy 42 and County Road 151) and is just a fraction of a mile from Wall Lake and it’s recreational and housing aspects. Presently this land has been either row cropped or in hay land with the FSA information available stating there are 75.07 farmland acres with 72.93 cropland acres. There is a 32.80 acre corn base with a 112 bushel PLC yield and a 33.90 acre soybean base with 41 bu. PLC yield. This farm is currently enrolled in the County ARC program. Farmland is available for the 2017 crop year. The primary soils found on this land consist 80% of Egan-Ethan-Trent complex, (Class II soil with 1-6% slope); Davison-Crossplain clay loam, (Class II soil with 0-2% slope), along with some other incidental soil types which when combined the County states a .745 soil rating while Surety Agri-Data states an 80.1 Productivity Index. The general topography is level to slightly rolling.

The property offered as follows: Parcel 1: 37.96 acres in the North 1/2  which lies along both SD Hwy 42 and C Rd 150; or Tract 2: 39.79 acres in the South 1/2 with each parcel having an already existing driveway and 1 rural housing eligibility; or as the entire 77.70 acre unit. There are existing rural water lines on both the north and west sides of the property. Contact Minnehaha Community Water Corp. @ 605-428-3374 for costs and service. A Broker Participation fee of 1% offered to “registered” Buyer  Broker who registers prior to auction day. Contact Souvignier Real Estate for info.  If you are in the market for a well located and sizeable un-improved rural acreage, an addition to an existing farming operation or for investment purposes, be sure to inspect this property and then attend this land auction.

Legal Desc: West 1/2 of NW1/4 exc. W 140′ of S 60′ of N. 309′ and Lot H-2 and Co. Aud.  Lot H-1, Sec. 22, Twp. 101, R. 51 (Wall Lake Twp.), Minnehaha Co., SD.

Terms: CASH. A 10% non-refundable earnest money payment sale day & the balance due on or before April 19th, 2017 with full possession. A marketable title will be conveyed and title insurance policy provided with the cost of the policy and the closing agents fee (Getty Midwest Title) split 50/50 between the buyer(s) and sellers. The property will be sold be the acres determined by a survey paid for by the Sellers. The sellers do not guarantee that any existing fences lie on the true and correct boundaries and any new fencing, if any, will be the responsibility of the new buyer(s) pursuant to SD Law. The 2016 RE taxes in the amount of $2,109.90 will be paid by the sellers. Property is sold in “AS IS” condition with the information contained within deemed correct but not guaranteed. FSA cropland acres, yields, bases & other information are estimated and subject to county committee approval. This property is sold subject to any easements, restrictions, reservations or highways of record, if any, as well as all Minnehaha County Zoning Ordinances. The Real Estate Licensees in this transaction are acting solely as agents for the sellers. This real estate is partially Broker owned.

JOHN G. BARRON, ROBERT E. HELMS &

PRESTBO REVOC. LIVING TRUST, OWNERS

Tom Souvignier, RE Auctioneer & Broker Assoc; Canton SD, (605) 987-2404

Chuck Sutton, Auctioneer & Land Broker, Sioux Falls SD (605) 336-6315

Ted Souvignier, RE Auctioneer & Broker Assoc; Canton SD (605) 660-39

Jared Sutton, RE Auctioneer; Flandreau SD (605) 864-8527

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