Dissing – +/-80.3 Acres of Lynn Twp., Moody Co., SD Land

ACREAGE/HOBBY FARM & LAND AUCTION 

+/-80.3 Surveyed Acres of Lynn Township, Moody County, SD Land To be Offered as PARCEL #1 – An Attractive +/-7.41 Acre Improved Acreage Site with “Tear Down Structures” with a Dense Mature Tree Grove Providing a Very Private Secluded Setting with the Acreage Lying Adjacent to a County Hard Surfaced Highway andas PARCEL #2 – +/-72.89 Acres of Cropland & Pasture or as PARCELS #1 & #2 Combined – The +/-80.3 Acre Unit  

We will offer the following real property “On Site” at the property located at 46779 241^st St., Colman, SD; from Chester, SD (Jct. 241^st St. & 464^th Ave.) – 3¾ miles east on 241^st St.); from the Trent Exit #104 on I-29 –2½ miles west on 240^th St., 1 mile south on Co. Hwy. (470^th Ave.) and 2 miles west on 464^th Ave.; from the Dell Rapids Exit #98 on I-29 –1½ miles west on 246^th St., 5 miles north on 470^th Ave. and 2 miles west on 241^st St. to the NE Corner of the Land at the Jct. of 468^th Ave. & 241^st St. 

THURSDAY SEPTEMBER 2, 2021                                 SALE TIME:  10:00 AM 

This Property will be offered as PARCEL #1 – An Attractive and Very Well Located +/-7.41 Acre Acreage Site that is Situated in a Secluded Country Setting Complimented by a Dense Mature Tree Grove, which would be an Attractive Rural Home Construction Site; PARCEL #2 – +/-72.89 Acres of Cropland & Pastureor as PARCELS #1 & #2 Combined – The +/-80.3 Acre Unit  

The existing farmstead has been unoccupied for some time and includes some tear down type structures including a small one story home and a couple of small outbuildings.  Presently there are no utilities servicing the property, although previously power was provided by Sioux Valley Energy Rural Electric and they indicate an existing line is located on the N. side of 241^st St. and S. Valley has estimated that to install a new service including approx. 700’ underground line and 200 amp service & disconnect would cost approx. $3,500.00 to $4,000.00, depending on the location of a future home site; water previously was provided by a well, although Big Sioux Community Rural Water is located on the north side of 241^st St. and they indicate water is available and would cost a membership of $2,000.00 and per a preliminary estimate – for approx. 700’ of waterline, a road bore, digging and installation of the meter and pit which cost approx. $5,500.00 for a total of approx. $7,500.00, plus any other footage of pipe, plumbing connections and other related costsof installation for more specifics, potential buyers can contact Big Sioux Rural Water at 605-997-2098.  The Acreage has excellent access from County Oil Highway #14 (241^st St.) and has a high sense of privacy provided by the dense grove that is situated between the farmstead and the highway, with additional trees in and around the farmstead.  Additionally there are a few acres of grassland located south of the farmstead that will be included with the acreage site.  PARCEL #2 consists of +/-72.89 acres of which according to FSA information there is approx. 64.81 acres of cropland with a 40.5 acre corn base with a 152 bu. PLC yield and a 24.3 acre soybean base with a 49 bu. PLC yield with both corn and beans enrolled under the PLC Election of the USDA Farm Program; after the deduction from the 80.3 surveyed acres, less the acreage site, less the +/-64.81 acres of cropland it appears there would be approx. 8.08 acre of non-tillable land which would be comprised of a few acres of pasture and roads.  According to the Moody County Assessor this farm in its entirety has an overall soil rating of .661; comparatively info. obtained from Surety Agri-Data, Inc. indicates this land has a soil rating of 71.7.  The general topography of this land is gently rolling to somewhat hilly. The RE taxes payable in 2020 on this farm are $1,952.02.  This property has potential to fulfill the needs of a variety of buyers including individuals seeking extremely a well located rural construction site for a new home, acreage/hobby farmers and/or area diversified area farming operations interested in land as an addition to their farming operation or as an investment property to add to their portfolio.

LEGAL DESC. FOR THE PROPERTY IN ITS ENTIRETY:  The E ½ NE ¼ ofSec. 20, T. 105N., R. 50W., (Lynn Twp.), Moody Co., SD. 

TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale with a split closing and the remainder on a short-term installment contract with an additional 40% on Dec. 30, 2021and the remaining 50% on Jan. 4, 2022, with landlord’s possession on or before Dec. 30^th and full possession subject to the rights of the existing tenant to harvest the 2021 crops and their rights under the 2021 farm lease.   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.   This property will be sold in accordance to a survey as completed by Midwest Land Surveying, Inc. – Certificates of Survey will be provided and if necessary plats will be prepared and recorded, with the surveyed acres understood to be “more or less” with all survey costs to be paid by the sellers.   All of the 2021 RE taxes payable in 2022 will be paid by the seller.  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 information is estimated and subject to County Committee approval.  The home and structures on the premises are deemed to be in “tear down” condition and are sold in “AS IS” Condition and exempt from a sellers property condition statement pursuant to SDCL 43-4-43 with No Disclosure Statement to be provided by the POA’s.  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 Moody 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 Powers of Attorney for the Owner.  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.  For additional information, contact the auctioneers.  

NELLIE M. DISSING, Owner – Stanford Dissing and Jane Dissing Dressen – Co-POA’s 

CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777

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

WAYNE BESSMAN – RE Auctioneer – Madison, SD – ph. 605-270-4980

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