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Evangelical Lutheran Church – 120.89 Acres of Unimproved Lincoln Co., SD Land

October 31, 2023 @ 10:00 am

LAND AUCTION

LINCOLN COUNTY SD LAND AUCTION

 +/-120.89 Acres of Well Located Brooklyn Township Lincoln County, SD Land – This Land Has 3 Remaining Rural Housing Eligibilities and is Conveniently Located Near the Viborg, SD Exit #53 on I-29 and is Located within 7 Miles of Beresford, SD and within approx. 25 Miles of Sioux Falls, SD – This Property Could Provide an Excellent Addition to an Area Row Crop Farming Operation or Investment Property

Due to the receipt of a very benevolent gift from Leonard and Agnes Akland Trust to the Evangelical  Lutheran Church in America and their decision to sell this property, we will offer this land at public auction “On Site” at the land located from the Viborg, SD Exit #53 on I-29 – 1 ½ miles west on Co. Hwy. #146 (291st St.), 1 mile south on Co. Hwy. #111 (469th Ave.) and ¼ mile west on 292nd St. to the NE Corner of the land; or from Beresford, SD (Jct. of I-29 & Hwy. #46) – 1 1.2 mikes west on Hwy. #46 (297th St.) – 1 ½ miles west on Hwy. #46, 5 miles north on 469th Ave. (Co. Hwy. #111) and ¼ mile west on 292nd St..

TUESDAY OCTOBER 31, 2023       

SALE TIME: 10:00 AM 

Auctioneer’s Note:  We are privileged to offer this property at public auction on behalf of the Evangelical Lutheran Church in America.  This property features a variety of excellent amenities including a high percentage tillable, high quality soils, 3 remaining rural housing eligibilities and a great location in a prominent agricultural area of southern Lincoln County, SD.  If you are in the market for a very desirable parcel of land that would make an excellent addition to a row crop farming operation or as an addition to your investment portfolio, then make plans to inspect this property and be in attendance at this auction! 

This property consists of a very high percentage tillable parcel of land and is an inside parcel of land bordered by roadway only along the north side of the property.  According to a recent survey of the property, this farm consists of approx. 120.89 total acres.  According to FSA information this property has approximately 118.4 acres of cropland, with an FSA 57.37 acre corn base with a 161 bu. PLC yield and a 57.71 acre soybean base with a 47 bu. PLC yield.  According to the Lincoln County Assessor this land has a very respectable overall soil rating of .885, comparatively info. obtained from Surety Agri Data, Inc. indicates this land has a soil rating of 87.7 with all of the predominate soils being comprised of Class I and II soils. This land has good eye appeal with a level to gently rolling topography, with the nontillable areas comprised of roadway along the north side of the property and a small area of trees on the east side of the property.  According to Lincoln County Planning and Zoning this property has 3 rural housing eligibilities available.  The 2022 RE taxes payable in 2023 on this property were $2,692.86. This land is available for a new owner to farm or lease as they desire in 2024.

LEGAL DESC.: The NE¼, except the east 40 acres thereof, Sec. 11, T. 96N., R. 51W., Brooklyn Twp.), Lincoln Co., SD.

TERMS:  Cash – A 10% non-refundable earnest money payment sale day & the balance on or before Dec. 15, 2023 with full possession for the 2024 crop year.  Marketable Title will be conveyed with an owner’s title insurance policy provided with the cost divided 50-50, additionally a title company closing fee, if any, will be divided 50-50.  All of the 2022 RE taxes payable in 2023, as well as all of the 2023 RE taxes payable in 2024 will be paid by the seller.  This property is being sold based on the acres as determined by a recent survey of the property as completed by Midwest Land Surveying Inc., with the acres understood to be “more or less”.  The sellers do not warranty or guarantee that the existing fences lie on the on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law.  FSA cropland, yields, bases & other information is estimated and not guaranteed and are subject to county committee approval.  This property is sold subject to existing easements, restrictions, reservations or highways of record, if any.  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 Board of the of Evangelical Lutheran Church in America and/or their designee.  To make arrangements for absentee bidding or other information contact the auctioneers. 

EVANGELICAL LUTHERAN CHURCH IN AMERICA “ELCA” – Owner

 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

TOM & TED SOUVIGNIER – Auctioneers & RE Broker Associates – Canton, SD – 605-987-2404

Auction Details

Date:
October 31, 2023
Time:
10:00 am
Auction Categories:
, ,
Brochure
View PDF

Auctioneers

Chuck Sutton
Jared Sutton, CAI
Tom & Ted Souvignier

Auction Details

Date:
October 31, 2023
Time:
10:00 am
Auction Categories:
, ,
Brochure
View PDF

Auctioneers

Chuck Sutton
Jared Sutton, CAI
Tom & Ted Souvignier

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