Eikmeier – +/-422.49 Acre of Improved & Unimproved Moody Co., SD Land

ACREAGE & LAND AUCTION

Multi-Parcel +/-422.49 Acre Moody County, SD Land Auction – Including a +/-23.41 Acre Acreage with a Ranch Style Home, Livestock Facilities & Dense Mature Tree Groves; Parcels with a 2^nd Farmstead & Adjacent Pasture, Parcels with High Percentages Tillable and Other Parcels with a Combination of Cropland & Pasture

We will offer these parcels of Moody County, SD Land at the farmstead located at 48735 237^th St., Flandreau, SD; from Flandreau, SD – 3 miles south on Hwy. #13, 5 miles east on Hwy. #34, 4 miles south on 486^th Ave. and 1 mile east on 237^th St.; or from Pipestone, MN – approx. 7 miles west on Hwy. #30 to the SD/MN State Line, then continue 1½ miles west on Hwy. #34, 4 miles south on 486^th Ave and 1 mile east on 237^th St.; from Trent, SD – 9 miles east, 2 miles north on 487^th Ave., 1 west on 238^th St., 1 mile north on 486^th Ave. and 1 mile east on 237^th St.

MONDAY MORNING NOVEMBER 11, 2019                 SALE TIME: 10:00 AM

Acreages to be shown by appointment arranged with either the auctioneers or Gary Eikmeier – ph. 605-864-8639.

AUCTIONEERS NOTE:  This auction presents a great opportunity to purchase a sizeable +/-23.41 acre acreage, improved and unimproved cropland and pasture conveniently located to Flandreau, Trent & Dell Rapids, SD and Pipestone, Jasper & Ihlen, MN as well as other area communities & points of interest.  Whether an acreage prospect, crop-livestock operator and/or row crop operator, this offering has parcels of land suitable to meet the needs of a wide variety of buyers.  This auction truly presents an “opportunity of a lifetime” to purchase this land, as portions have been in the Eikmeier Family since 1882. To View Surveys, Tract Maps & Other Information see www.suttonauction.com or contact the auctioneers for additional information.   Please mark your calendars and make plans to inspect this property prior to the auction and make plans to attend this auction!

This property will be offered as – FARM #1 – Tr. #1A – The +/-23.41 Acre Improved Farmstead/Acreage; TR. #1B – +/- 96.51 Acres of Unimproved High Percentage Tillable Cropland or TRACTS # 1A & #1B Combined – +/-119.92 Acres with Farmstead & Cropland; FARM #2 – Tr. #2A – +/-125.53 Acres with a 2^nd Farmstead & Pasture; Tr. #2B – +/-57.52 Acres with a High Percentage Tillable; or as Tracts #2A & #2B Combined – +/- 183.05 Acres with the Farmstead, Cropland & Pasture as a Unit; and FARM #3 – +/-119.52 Acres with a Mixture of Productive Cropland & Pasture. 

FARM #1 – +/-119.92 Total Acres – GENERAL LEGAL DESC. – +/-119.92 Acres in the N. 110 Rods of the NW¼ & the N. 110 Rods of Lot 1, Sec. 34, T. 106N., R. 47W., (Lone Rock Twp.), Moody County, SD.

FARM #1 will be offered as – Tr. #1A – The +/-23.41 Acre Improved Farmstead/Acreage; TR. #1B – +/-96.51 Acres of Unimproved High Percentage Tillable Cropland or TRACTS # 1A & 1B Combined – +/-119.92 Acres with Farmstead & Cropland.

The improvements on this property include a ranch style 2+ bedroom ranch style home that is in need of some updating & repair, with the main floor comprised of a front entry w/closet, living/dining room w/built-in china closet, kitchen w/cabinets & dining area, 2 bedrooms w/closets, full bath w/linen closet, hall w/linen closet, main floor laundry, ¾ bath & entryway to an attached single garage; the home has a full basement with a concrete block foundations, although the basement experienced water damage in the Spring of 2019 due to a power failure – portions had been finished, but need renovation; the basement includes a breaker electrical service, Marathon HW heater and a well in the basement with a pressure system and the home has elec. baseboard heat; the exterior of the home has metal siding, asphalt shingles and there is a septic system, established lawn, trees and other landscaping & site improvements;  There is a 2^nd home on premises that is not habitable, but may be suitable for storage and/or potential salvage of some architectural elements. Other improvements include a Livestock & Machine Shed Building with a bi-fold elec. door, office, storage room, feed room, an area previously utilized as a livestock sale arena/equipment stg. area, utility room w/breaker electrical service and a rear area with clipping room, wash rack & gated livestock area w/7 pens & square tube gates, 5 outside gates and an alleyway w/sliding dbl. door; an additional garage/equipment stg. bldg. w/galv. exterior & concrete floor; a galv. open front cattle shed, pole barn galv. metal machine shed/stg. bldg. w/a combination of concrete and gravel floor, livestock yards with concrete & concrete bunks, an old wooden barn and granary, 4 small metal grain bins and other incidental improvements.  This property is serviced by Sioux Valley Energy rural electric and there are various wells, livestock fountains and hydrants on the property, although the portions of the water system recently has not been in operation and likely will need some renovations and repairs.  The farmstead is situated with dense tree groves on the north, west, south and east sides of the acreage.  The remainder of Farm #1 (Tr. #1B – +/- 96.51 Acres) has approx. 91.89 acres of cropland. According to FSA information as a combined +/-119.92 acre unit – Tracts #1A & #1B Combined (FSA Tr. #13230) – Has approx. 99.83 acres of cropland with a 46.0 acre corn base with a 136 bu. PLC yield and a 41.6 acre soybean base with a 39 bu. PLC yield.  According to the Moody County Assessor the 143 acres in Sec. 34 has an Overall Soil Rating of .756 (a portion of which is in TR 2A).  The RE taxes payable in 2019 on the land in Sec. 34 (143 acres) were $4,704.52.  This is a farm which has been in the Eikmeier Family for over 135 years and has a great deal of potential and must be seen to be fully appreciated.

FARM #2 – +/-183.05 Total Acres – Located – Adjacent to the West of Farm #1 – GENERAL LEGAL DESC.:  +/-83.05 Acres – The NE ¼ of Sec. 33, T. 106N., R. 47W., and a portion of W ½ W ½ in the N. 110 Rods of the NW ¼ of Sec. 34, T. 106N., R. 47W., (Lone Rock Twp.), Moody County, SD.

To be Offered as Tr. #2A -+/-125.53 Acres w/Farmstead & Pasture; Tr. #2B – +/-57.52 Acres of Cropland or Tracts #2A & #2B Combined – +/-183.05 Acres.

The improvements on this property are located in the SW Corner of the Farm and include an older 2 Story 4 Bedroom home – The main level includes an entry, living room, dining room, kitchen, laundry & full bath; the 2^nd story includes 4 bedrooms and a 1/2 bath; the home has a full basement w/elec. HW heater, LP gas forced air furnace and a fused electrical service.  Other improvements include – a machine shed w/colored steel exterior approx. 48’x88’, a barn w/galv. steel exterior, a granary w/drive-thru & galv. steel exterior, 4 livestock yards w/auto. fountains and other incidental improvements. The home is serviced by a septic system and the farmstead is serviced by a well with a pressure system.  The farmstead is situated in a secluded country setting with established mature trees on the north and west of the farmstead.  According to FSA information as a combined +/-183.05 Acre Unit – Tracts #2A & #2B Combined (FSA TR. #13229) have approx. 52.96 acres of cropland with a 36.19 acre corn base with a 135 bu. PLC yield and a 10.66 acre soybean base with a 39 bu. PLC yield; of the cropland acres Tr. #2B has approx. 53.03 of those acres; the majority of Tr. #2A is comprised of pastureland which has a flowing water supply provided by Pipestone Creek which traverses the pasture, in addition this sector of the farm had a few acres enrolled in CRP – 6.5 acres enrolled at $78.40/Acre generating an annual payment of $510.00 which is scheduled to expire in 2023 and two other contracts containing a total of  18.2 acres which expired in 2019.  According to the Moody County Assessor the 160 acres in Sec. 33 has an Overall Soil Rating of .631.  The RE taxes payable in 2019 on the land in Sec. 33 (160 acres) were $3,027.00.

FARM #3 – +/-119.52 Acres – Located – 1 mile west of Farm #1; the SE Corner of the Land at the Jct. of 486^th Ave & 237^th St. – GENERAL LEGAL DESC. – Outlots A & B, Except the N. 40 Acres, (Essentially is the SE¼, Exc. the N. 40 Acres thereof), Sec. 29, T. 106N., R. 47W., (Lone Rock Twp.), Moody County, SD.

FARM #3 will be offered as one individual +/-119.32 Acre Parcel.  According to FSA information as a combined 120 acre unit this farm has approx. 93.74 acres of cropland, of which it appears approx. 79.74 acres have been under cultivation recently, with a 33.89 acre corn base with a 156 bu. PLC yield and an 11.7 acre soybean base with a 41 bu. PLC yield; the remainder of this farm has been utilized as pasture with a dugout.  The RE taxes payable in 2019 on this land were $3,160.16.  According to information obtained from the Moody Co. Assessor this farm has an Overall Soil Rating of .838 as a combined 120 acre unit. 

TERMS:  Cash – A 10% nonrefundable downpayment sale day & the balance on or before Dec. 20, 2019 with full possession of the building sites at closing and possession of the cropland acres on March 1, 2020 and the rights of the current tenant(s) to harvest the 2019 standing crops.  Marketable Title will be conveyed and Owners Title Insurance provided with the cost divided 50-50 between the buyer & seller.  All of the 2019 RE taxes payable in 2020 will be paid by the sellers.  The acres are based on the acres as determined by a survey completed by Midwest Land Surveying, Inc., with the acres understood to be “more or less”. All survey and/or necessary platting costs will be paid by the owners. The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the purchaser(s) pursuant to SD Law.  FSA cropland acres, yields, bases, payments & other information are estimated and not guaranteed and are subject to County Committee Approval. The buyer of Farm #2 will be obligated to comply with the remaining terms and provisions of the existing CRP contract which expires in 2023, with the buyer to be responsible for any penalties for noncompliance in the years subsequent to closing. Information contained herein is deemed to be correct but is not guaranteed.  This property is sold in “AS IS” CONDITION and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all Moody County Zoning Ordinances.  The RE licensees in this transaction are acting as agents for the sellers.  Sold subject to confirmation of the owners.  For addt’l information, contact the auctioneers.

HEIRS OF GLEN & KAREN EIKMEIER

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

DEAN STOLTENBERG – Auctioneer & RE Broker Assoc. – Jasper, MN – ph. 507-348-7352 &

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