Hilt – +/-119.49 Acres of Improved & Unimproved Lynn Twp., Lincoln Co., SD Land
April 26, 2022 @ 10:00 am
LINCOLN COUNTY SD LAND AUCTION
119.49 ACRES LYNN TWP., LINCOLN CO. PRIME FARMLAND, PASTURE and RURAL ACREAGE
Offering a 3.45 Acre Improved Farmstead w/ Buildings, 76.03 acres Prime Farm Land and 40.01 Acres Rolling Pasture All Located 9 Miles South of Sioux Falls SD – County Hwy 115 (Minnesota Ave.), and only 10 Miles South of Sioux Fall’s 85th St.
This offering presents an opportunity to purchase individually or in combination a Handyman’s rural 1 1/2 story home with shop and machine shed; a prime cropland farm; or a rolling pasture to be sold “on site” located at 47596 280th St., Canton SD or from the Jct. of 85th St and Minnesota Ave. just 10 miles south of Sioux Falls on County Hwy 115 (474th St.), then 2 miles east on 280th St.; or from Canton go 3 miles west on US Hwy 18 and then 2 miles north on 476th Ave; or from Worthing SD, 1.5 miles east to County Hwy 115 (474th St.), then 2 miles further east to acreage. Watch for signs.
TUESDAY, APRIL 26TH, 2022 10:00 AM Open House Dates: Wed. April 13th (5:30 – 7pm) & Sun. April 17th, (1 -3pm) or contact Souvignier Real Estate for Appt.
Property will be offered as Parcel 1: 3.45 Improved Acreage; Parcel 2: 76.03 Cropland Acres; or as a Unit consisting of 79.48 Acres. Then Parcel 3: 40.01 Acres to be sold separately.
Parcel 1: This 3.45 improved rural includes an older 1 1/2 story home with main floor consisting of living room, dining area, large kitchen, main floor bedroom, full bath, entryway w/ W&D hookup and shower stall. 2nd level has 3 bedrooms. There is a small partial basement with Carrier fa propane furnace, Marathon elec. water heater and 100 amp breaker service. There is a 2 stall attached garage and exterior is vinyl siding with steel roof. Property is serviced by South Lincoln Rural Water and SE Electric with a functioning well for outside use. Outbuildings include a 50×36 ft. galv. shop with overhead door and a 45×30 ft. open front machine shed. This home is a Handyman’s Special as it is in need of updating.
Parcel 2: (76.03 Ac. Cropland) This is a very productive and nearly all tillable cropland tract. FSA states there are 72.20 Cropland acres which has a 30.50 acre corn base with 148bu. PLC yield and 30.50 acre soybean base with 44bu. PLC yield. Primary soils found are Wentworth-Chancellor silty clay loam, Egan scl, Chancellor-Tetonka complex, Chancellor-Viborg scl (all Class I & II soils), and Shindler-Egan complex a Class VI soil. Surety Agri-data mapping states a high 84.7 Productivity Index. This land is mostly level to slightly rolling with a non-crop waterway and road ROW. There is 1 existing drain tile. Property sold with 1 rural housing eligibility. This cropland is leased for the 2022 crop year with the new purchaser to receive a Seller’s enhanced cash rent of $265/acre ($19,133.00) which will be credited at closing with a March 1st, 2023 expiration.
Parcel 3: (40.01 Ac. Pasture) This is a most scenic rolling pasture containing the flowing Beaver Creek and is ideal for a rural home with walkout floorplan as there is 1 housing eligibility or use in a livestock operation for grazing. This land is not rented for the 2022 year and available at closing. This tract is sold individually and not in any combination with other tracts offered. If you are in the market for an Improved rural acre, prime farmland or scenic pasture land for livestock or rural housing, be sure to attend an Open House or inspect these farmland tracts and then attend this unique Auction offering. For further information visit www.souvignierauctions.com or contact the Auctioneers.
Legal Desc: S1/2 of SE1/4 and NE1/4 of SE 1/4, Section 1, T98, R50 (Lynn Twp.), Lincoln Co., SD
Terms: Cash. A 10% non-refundable earnest money payment day of sale with the balance due on or before June 8th, 2022 with Landlord’s possession of the cropland and full possession of acreage and pasture. A clear deed and Owner’s Title Insurance policy provided with the cost of the title policy and Closing Agent’s fee (Lincoln County Title Co.) to be split 50/50 between the Buyer(s) and the Seller. Seller to pay all the 2021 RE taxes in amount of $3,064.60 due in 2022 with the 2023 acreage taxes estimated and prorated to possession date. Property sold by the recently surveyed and recorded acres and understood to be “more or less” and in “AS IS” condition subject to any existing easements, restrictions, reservations or Highways of record, if any. The FSA bases, yields and payments and other information are estimated and are not guaranteed and are subject to County Committee approval. The Licensees/Auctioneers in this transaction are acting solely as Agents for the Seller with the property sold subject to confirmation of the Personal Representatives.
BEVERLY M. HILT ESTATE, OWNER – Julie Oppold & Charlotte Farnsworth, Co-Personal Reps.
Tom Souvignier, RE Auctioneer & Broker Assoc., Canton SD (605) 987-2404
Ted Souvignier, RE Auctioneer & Broker Assoc., Canton SD (605) 660-3962
Chuck Sutton, Auctioneer & Land Broker, Sioux Falls SD (605)336-6315
Jared Sutton, CAI – RE Auctioneer & Broker Associate, Flandreau SD (605) 864-8527