Colman Homestead and D&P Investments – Real Estate & Large Year End Lumberyard Inventory Reduction Auction

REAL ESTATE & LARGE YEAR END LUMBERYARD INVENTORY REDUCTION AUCTION

3 – 8’ x 24’ DCT & PJ GN Trailers, 2018 Forest River 7’ x 16’ V Nose Encl. Trailer, 2005 GMC 3500 Sierra Dually Flatbed Pickup, 20+ New Larson Storm Doors, Lrg. Amt. of Vector, Marvin, Andersen New Windows, Numerous Int. & Ext. Doors – 75+, Misc. 2×4, 2×6, 2×8, 2×10, & 2×12 Lumber incl. Full Bunks, Large Assortment of Construction Supplies & Building Materials

MONDAY, NOVEMBER 10^th, 2025    

SALE TIMES: RE at 10:00 AM & Pers. Property at 10:30 AM

Online Bidding available on larger items of Personal Property at approx. 12:30 PM

We will offer the Following Real Estate & Personal Property at Public Auction with the Personal Property Located at 401 S Washington Ave, Madison, SD. From Prostrollo’s Auto Mall – Jct. of SD Hwy #34 & Washington Ave – ½ Mile North on Washington Ave. Lunch on Grounds.

AUCTIONEER’S NOTE: We will offer the following Real Estate consisting of an Existing Quonset Building on a sizable corner lot as well as a large amount of Personal Property onsite at the properties with Online Bidding available on larger items of Personal Property at approximately 12:30 PM. 2 rings may be utilized during a portion of this auction. If you are in the market for Trailers, new items from Excess Inventory, Overstocks, Returns, & General Lumberyard or other Personal Property, make plans to be in attendance at this auction!

REAL ESTATE: The Real Estate being offered is located at 403 S. Lee Ave, Madison, SD and consists of a 32’x50’ Quonset Building w/ Steel Exterior situated on a sizable 55’x136’ Corner Lot in Madison, SD. The building has a concrete floor, 11’Wx12’T OH Door, & Fuse Electric. The building also has built in shelving & storage bays on each side which could be modified to allow a more open interior layout. Currently this property is Zoned in the Light Manufacturing District. For specific questions on zoning & proposed future uses interested parties should contact the Madison City Engineering & Community Development office at 605-427-1545. The 2024 RE Taxes payable in 2025 on this property were $378.06 including special assessments.

LEGAL DESC.: Lot 1 in Block 26 Original Plat in the City of Madison, Lake County, SD

REAL ESTATE TERMS: 15% downpayment sale day & balance on or before December 10, 2025 with possession. Marketable title will be conveyed with an owner’s title insurance policy provided with the cost divided 50-50, as well as a title company fee (Weber Abstract) will be divided 50-50 between the buyer and seller. RE taxes will be prorated to date of closing.  This property is sold in “AS IS” condition and the merchantability or suitability of this property for any particular purpose is not guaranteed. Information contained herein is deemed to be correct but is not guaranteed. Sold subject to existing zoning, easements, restrictions, reservations and highways of record, if any. The RE Licensees/Auctioneers in this transaction stipulate that they are acting as agents for the seller.  Sold subject to confirmation of the sellers. One of the Owners of this property is an active SD Real Estate Licensee.

PERSONAL PROPERTY:

TRAILERS, GMC TRUCK, HARDWARE SIGN, CURTIS SPREADER: 2023 DCT 8’ x 24’ GN Trailer, 7000lb Axles, 8 Bolt HD Rims, Very Good Cond.; 2014 DCT 8’ x 24’ GN Flatbed trailer, 8 bolt HD Rims, 7,000lb Axles; 2012 PJ 8’ x 24’ GN Trailer, Flatbed, 8 Bolt Rims, 7000lbs Axles; 2018 Forest River 7’ x 16’ V Nose Encl. Trailer w/ Side Door, Rear Drop Gate, 78”x78” Rear Opening, Good Cond.; 2005 GMC 3500 Sierra Dually Pickup w/ 8’x11 ½’ Flatbed, Sgl. Cab, Auto Trans, 174,000 miles, 6.0L Vortec Eng., Runs & Drives Good; Shepardson Hardware Hank-Single Sided 8’x10’ lighted Sign; Curtis Fast-Cast 550 Series Salt/Sand Spreader- 500lb bed capacity (250lb empty and 250lb fill material);

SHOP ITEMS, TOOLS, & CONSTRUCTION SUPPLIES: Tahoe TPI9000 LXU 9000W Generator, 14 HP Gas Eng., 110V & 220V Exc. Cond., Runs good; Coleman 5000W Generator; Powermate #66, 10” Table Saw, 3 Ph., 220V, Powermatic Guide, Very Good Cond.; Fluid Management 5 Gal. Paint Shaker; 2 – Fluid Management Hero Comm. Paint Tint Machine; Dewalt Ind. Const. 16” Radial Arm Saw; Milwaukee HD Panel Saw- Exc. Cond.; Model 41C Insulation Blower w/Hose; Key Cutting Machine & Key Rack; Advance AquaMax Floor Scrubber; 3 Pallet Jacks – Need New Cylinder Kits; Pickup Side Toolboxes, Diamond Plate; Rotating 5 Sec. Hardware Bin; Plumbing & Electrical Items; Shop Rollers; 3 ½’x6’ Rolling Steel Shop Cart; Asstmt. of Hardware Bins w/ Hardware; Powr-Flite 1600 Floor Scrubber; Dewalt 12” Comp Miter Saw; New Milwaukee M18 4 Tool Combo Kit; New Milwaukee M18 Cordless Drill; Snapper Siding Shear; Lrg. Asstmt. of Coil & Hand Nails; Lrg. Asstmt. of Hardware & Hardware Organizers; Galv. Hardware Bins;

BUILDING MATERIALS: 8’ x 12’ Garden Shed w/ Roll up Door-Constructed by Colman-Egan Shop Class; 4 1/2’x10’ Open Front Storage Shed w/ Built-in Stg. Bins; 20+ New Larson Storm Doors; Lrg. Amt. of Vector, Marvin, Andersen New Windows; Numerous Int. & Ext. Doors – 75+; New Wire Shelving; 12’ x 16’ Steel Racking, Adj.; 1 Pallet of Adj. Racking Sections; New Full Garage Doors, Insulated & Non insulated and some Additional Door Panels & Hardware; Laminated Columns; Misc. Building Steel; 34’ Floor Joists; Asstmt. of Composite Decking; Asstmt. of LP Siding & Accessories; Soffit Material; Pole Bldg. Sky Light Pieces; Misc. 2×4, 2×6, 2×8, 2×10, & 2×12 wood pieces incl. Full Bunks; 9-28’ Rafters; Pallet of Standing Seam Steel; LVL’s; Fiberglass Fence Post; Can Lighting; Lrg. Asstmt. of Chain Link Fence w/Gates, Posts, & Braces; Numerous pallets of Shingles; Roof Vents; New Chamberlain OH Door Opener, Bathroom Fixtures; Asstmt. of Wdn Trim; Jams; Stair brackets; Light Fixtures & Bulbs; Durawall Bathtub Walls-New; Chimney Caps; Window Well Covers; Sheet Rock Corners, Misc. Cabinets; Misc Handrails;

REAL ESTATE OWNED BY: D&P INVESTMENTS, LLC, & PERSONAL PROPERTY OWNED BY: COLMAN BUILDING CENTER, INC. & HOMESTEAD BUILDING SUPPLIES, INC.

For Questions contact Dean Gulbranson – ph. 605-695-0133

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

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

DEAN GULBRANSON – RE & PP Auctioneer – Madison, SD – 605-695-0133

GAGE GULLICKSON – Auctioneer & RE Broker Assoc. – Flandreau, SD – ph. 605-651-3867

RICK BECKER – Auctioneer – Madison, SD – Ph. 605-480-1976