Immeker – 2 High Producing Taopi Twp., Minnehaha Co,. Farms
September 22, 2022 @ 10:00 am
ESTATE LAND AUCTION
2 High Producing Taopi Township Minnehaha County South Dakota Farms – To be Offered Individually as FARM #1 – +/-74.57 Acres & FARM #2 – 129.58 Acres
We will offer the following Land at public auction – with Both Farms to be offered “On Site” at FARM #1 – Located from Colton, SD – 1½ miles west on Co. Hwy. #110 (248th St.) to the SE Corner of Farm #1; from Buffalo Trading Post on Hwy. #19 – approx. 5¼ miles east on Co. Hwy. #110 (248th St.).
THURSDAY SEPTEMBER 22, 2022 SALE TIME: 10:00 AM
AUCTIONEER’S NOTE: In order to settle the Katherine Immeker Estate, her heirs have made the decision to offer these two parcels of land at public auction. This auction presents the opportunity to purchase 2 parcels of land that are Inclusive of High Percentages Tillable. Both of these farms are situated in Taopi Township which is one of the most highly regarded agricultural areas of Minnehaha County, SD, which is an area where land ownership is especially tightly held and seldom becomes available for sale on the open market. If you are in the market for a parcel or parcels of productive Minnehaha County SD farmland to add to a row crop farming operation or as an investment, then make plans to inspect these properties and be in attendance at this auction!
FARM #1: +/-74.57 Acres – LEGAL DESC.: The S½ SW¼ of Sec. 21, T. 104N., R. 51W., (Taopi Twp.), Minnehaha County, SD, except the W. 533.58’ of the S. 377’.
This attractive extremely well located +/-74.57 acre parcel of land will be offered as one individual tract. According to FSA information this farm is stated to contain 74.64 acres of farmland with 74.64 acres of cropland with a 35.69 acre corn base with a 163 bu. PLC yield and a 31.61 acre soybean base with a 45 bu. PLC yield and is enrolled under the ARC County Election of the USDA farm program. The productivity and farmability of this land has been enhanced by the installation of some drain tile throughout portions of this farm. The general topography of this land is level to gently rolling. According to information obtained from the Minnehaha Co. Assessor this farm has an Overall Soil Rating of .765; comparatively, information obtained from Surety Agri-Data Inc. indicates this farm has a weighted productivity index of an 83.6 & is comprised of primarily Class II soils. According to Minnehaha County Planning & Zoning this parcel of land has 1 remaining housing eligibility available. The 2021 RE taxes payable in 2022 on this land were $1,890.84.
FARM #2: +/-129.58 Acres – Located from Colton, SD – 3 miles west on Co. Hwy. #110 (248th St.) and 1 mile north on Co. Hwy. #155 (461st Ave.) to the SW Corner of the land at the Jct. of 461st Ave. & 247th St.; or from the NW Corner of FARM #1 – ¾ mile north and approx. ¾ mile west on 247th St. LEGAL DESC.: The SW¼ of Sec. 17, T. 104N., R. 51W., (Taopi Twp.), Minnehaha County, SD, except the E. 950’ of the S. 1,350’ thereof, and exc. the W. 19 rods of the S. 10½ rods.
This attractive and very well located parcel of land containing +/-129.58 acre parcel of land that will be offered as one individual tract. According to FSA information this farm is stated to contain 226.11 acres of farmland with 126.11 acres of cropland with a 60.29 acre corn base with a 163 bu. PLC yield and a 53.41 acre soybean base with a 45 bu. PLC yield and is enrolled under the ARC County Election of the USDA farm program. The NRCS Certified Wetland Determination on this farm indicates a line of some existing drain tile and a drainage ditch, although the owners have no tile maps in their possession. The general topography of this land is more the most part gently rolling with some more hilly slopes, especially in the northeast corner of the farm. According to information obtained from the Minnehaha Co. Assessor this farm has an Overall Soil Rating of .662; comparatively, information obtained from Surety Agri-Data Inc. indicates this farm has a weighted productivity index of a 76.2. According to Minnehaha County Planning & Zoning this parcel of land has 3 remaining housing eligibilities – 2 by available use and 1 by conditional use. The 2021 RE taxes payable in 2022 on this land were $2,822.04.
TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before Nov. 10, 2022, with possession subsequent to the harvest of the 2022 standing crops and the rights of the current tenant to harvest the 2022 crops & corn stalks in accordance with the 2022 farm lease. Marketable Title will be conveyed and owner’s title insurance policies will be provided with the cost of both the owner’s policy and closing agent’s fee – if any, divided 50-50 between the buyer & seller. This property is being sold based on the acres as stated on the county tax records, with acres understood to be more or less. All of the 2021 RE taxes payable in 2022, as well as all of the 2022 RE taxes payable in 2023 will be paid by the seller. The seller does 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 and 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 Heirs.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 absentee bidding.
HEIRS OF KATHERINE IMMEKER, Owners
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777
JARED SUTTON, CAI – RE Auctioneer & Broker Assoc. – Flandreau, SD – ph. 605-864-8527
WAYNE BESSMAN – RE & Pers. Property Auctioneer – Madison, SD – ph. 605-270-4980