Curt & Kari Stoltenberg – +/-42.53 Acre Palisade Twp., Minnehaha County SD Land Auction
November 7, 2022 @ 10:00 am
PALISADE TWP., MINNEHAHA COUNTY SD LAND AUCTION
+/-42.53 Acres of Extremely Well-Located, Productive, Palisade Twp., Minnehaha County SD Land w/ 1 Rural Housing Eligibility Situated less than 1 Mile from the City Limits of Garretson SD! This property has Potential for Establishment of a Future Rural Home Site and Awards a Nice Opportunity to Purchase a Productive Parcel of Land to Add to an Area Row Crop Farming Operation or to Purchase as an Investment!
We will offer the following parcel of Land at Public Auction onsite at the Farm located from the East side of Garretson SD (Jct. of 486th Ave & 253rd St.), ¾ Mile East on 253rd St./Co. Hwy. #120 to the NW Corner of the Land. From the Minnehaha Co. SD/Rock Co. MN State Line, Jct. of 488th Ave & 253rd St./161st St., 1 Mile West.
MONDAY NOVEMBER 7, 2022 Sale Time: 10:00 AM
This auction awards the opportunity to purchase an extremely well-located parcel of land situated in Palisade Twp., Minnehaha County SD. This property has a variety of amenities that make this a very desirable property for a variety of potential buyers as it features the inclusion of 1 rural housing eligibility (letter of verification available upon request), and an attractive terrain that could provide attractive areas for establishment of a new acreage housing site, productive cropland acres and excellent location being just ¾ mile from the city limits of Garretson SD & 1 mile from the SD/MN state line. According to FSA information this parcel contains approximately 36.26 acres of cropland with a 14.12 acre corn base with a 156 Bu. PLC yield and a 14.12 acre soybean base with a 38 Bu. PLC yield. The non-tillable acres are comprised of a small grassland pasture area, ditches & roads. According to information obtained from Surety Agridata Inc., this parcel has a weighted average productivity index of a 66.9 consisting of Class II & III soils and some lower quality soils in the pasture/lowland areas. Areas of this land have been improved with instillation of drain tile with 3,593’ of 4, 5, & 6” tile. This property could certainly provide an attractive potential rural housing site for utilization of the 1 rural housing eligibility that is available on this parcel of land according to M’haha. County Planning & Zoning. M’haha. Community Rural Water currently services adjacent housing sites surrounding the property. For specific inquires on locations, availability & costs, interested parties should contact Minnehaha Rural Water at (605-428-3374). A survey has been completed on this property by Midwest Land Surveying, Inc. and a 33’ mutual access easement has been drafted and will be filed prior to closing for access to the south side of the land. This would be an excellent parcel of land for a beginning farmer, current farm operator, investor, or this parcel is well suited to those looking to own land for establishment of a rural acreage site. This is an extremely desirable area for land in SE SD where land does not often come available on the open market! If you are in the market for a small parcel of land with a housing eligibility & a variety of desirable attributes, then make plans to inspect this property & be in attendance at this auction!
LEGAL DESC.: The NE ¼ of the NE ¼ & the N. ½ of the SE ¼ of the NE ¼ Exc. County Auditor’s Lot H-1 of the E. ½ of the NE ¼, & Exc. Tract’s 1 & 2 of Stoltenberg’s Addition Thereof, all in Sec. 21, T. 103 N., R. 47 W., Palisade Twp., Minnehaha County, SD
TERMS: 10% nonrefundable earnest money payment sale day & balance due on or before Dec. 23, 2022, with possession. 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. All of the 2021 RE taxes payable in 2022 have been paid, with the sellers to also be responsible for payment of the 2022 RE taxes payable in 2023. The total acres being sold will be based on surveyed acres as determined by Midwest Land Surveying, Inc., with the acres understood to be “more or less”. The sellers do not warranty or guarantee that existing fences lie on the true & correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. 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.
CURT D. & KARI J. STOLTENBERG, Owners
CHUCK SUTTON – Auctioneer & Land Broker- – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777
BOB JULSON – Auctioneer & RE Broker Associate – Garretson, SD – ph. – 605-351-2654
JARED SUTTON, CAI – RE Auctioneer & Broker Associate – Flandreau, SD – ph. 605-864-8527