Well Located +/-3.97 Acre Improved Acreage in Sinai, SD with a 3 Bedroom 1 ½ Story Home, Small Outbuildings, Grassland/Pasture & More!
We will offer this acreage at public auction “On Site” at the property located at 320 2nd St. in Sinai, SD; from the Jct. of Main Ave.& 2nd St. in Sinai, SD – approx. 1 block south.
THURSDAY EVENING APRIL 1, 2021 SALE TIME: 6:00 PM
To Inspect the Property Plan to Attend the Open Houses on Sunday March 21st from 2:00 to 4:00 PM and Wed. March 24th from 5:00 to 7:00 PM or to be Shown by Appointment Arranged with the Auctioneers.
Don’t be fooled by an exterior drive by of the property as the interior has been significantly remodeled. This auction presents a rare opportunity to purchase an acreage within the city limits of the friendly community of Sinai, SD. This property consists of approximately 3.97 acres, but seems larger as there are some unimproved streets and other open areas adjacent to the property. The size of the property allows for a large yard with room for construction of a garage or storage building in the future, along with some pasture area situated west of the house that the previous owners utilized to keep a few head of livestock. This acreage has a quaint set of buildings including a 1 ½ story home comprised of an open deck with composite decking, a front entrance to a living room with a back-up LP gas wall heater, an open staircase, main floor bedroom and adjacent nicely remodeled bath with a whirlpool tub, pedestal sink, stool, elec. wall heater, linen cabinet and clothes closet, a kitchen-dining area with wooden cabinets, appliances including a side by side refrigerator, gas stove & dishwasher (all with stainless steel fronts) dining area w/rear sliding patio door to an open wooden deck and a staircase from the dining area to the basement – (the main floor has new laminate flooring in the living room & kitchen/dining areas); the second story includes 2 bedrooms with ceiling fans (no closets) although there is a 3rd room which was utilized as a walk-in closet & storage room; the basement has a laundry area with an LG high efficiency front load washer & dryer, an 80 gallon Rheem Marathon elec. HW heater (2018), 100 amp breaker electrical service, corner workbench and sump hole w/pump. The home is heated by a combination of electric heat and the LP gas wall heater located in the living room, additionally there is a window air conditioner included. This property is serviced by Sioux Valley Electric and Kingbrook Rural Water. Other major improvements to the property include installation of a new septic system in 2018 at a total cost of approx. $7,200.00 and was re-roofed in 2020 by Brower roofing with Tamko Thunderstorm Grey shingles at a cost of $4,380.00 And in addition the interior has had some new flooring installed and portions have been freshly painted. Other improvements on the property include some small incidental buildings. The LP Tank on the property is leased and “is not” included with the property. Also, the sellers have paid for a recent mortgage survey that will be provided as completed by Midwest Land Surveying and also have ordered a preliminary title commitment through Brookings County Title Co. which is available for review. The property has a grassed lawn, established trees including two apple trees and other deciduous trees, as well as some grassed pasture within the boundaries of the property that is located west of the house.
LEGAL DESC.: As Outlined in the Preliminary Title Commitment obtained from Brookings County Title Co. the Legals for the property are as follows: Tract 1 – Outlots “D” and “E”, less the E. 100’ of said Outlots in the Town of Sinai, SD, being a part of the N ½ SW ¼ of Sec. 14, T. 109N., R. 52W.,; Tract 2 – The S. 68’ of Lots 18 & 19 in Block 4 of the Original Plat of the Town of Sinai; Tract 3 – Lots 13, 14, 15, 16 & 17 in Block 4 of the Original Plat of the Town of Sinai; all in Brookings Co., D – Containing +/-3.97 Acres according to the recent survey thereof.
TERMS: CASH – A 10% downpayment on the day of sale with the balance on or before May 14, 2021 with full possession. Marketable Title will be conveyed and owner’s title ins. (Brookings County Title) 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 between buyer and seller. All of the 2020 RE taxes payable in 2021 in the amount of $1,434.56 will be paid by the sellers, and based on that amount the 2021 RE taxes will be prorated to the date of closing. The Boundaries and Acres as provided in a recent mortgage survey as completed by Midwest Land Surveying, Inc., are approximate as a staked property survey was not completed, subsequently the acres understood to be “more or less.” The sellers do not warranty or guarantee that existing fences lie on the true boundary & any new fencing around the perimeter of the acreage will be the responsibility of the purchaser. This property is sold in “AS IS” condition with no contingencies whatsoever & the property is purchased subject to any existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable Town of Sinai and/or Brookings Co. Zoning Ordinances. Information contained herein is deemed to be correct but is not guaranteed. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Sold subject to confirmation of the Owner. COME PREPARED TO BUY!! Brokers Participation Welcome – a 1% commission is available to a SD RE Broker that properly pre-registers and represents a successful purchaser and meets the prescribed criteria for Broker Participation – for info. & pre-registration forms contact the auctioneers. Interested Parties are Encouraged to Attend the Open Houses or for an Appointment to inspect the property, contact the auctioneers to arrange a showing.
JODY & THOMAS CORDELL, Owners – Ph. 605-695-5527
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777,
DEAN GULBRANSON – RE & Pers. Property Auctioneer – Madison, SD – ph. 605-695-0133
& JARED SUTTON – Auctioneer & RE Broker Associate – Flandreau, SD – ph. 605-864-8527