+/-118.58 Acres of Productive Well Located Marindahl Township, Yankton County, SD Land – Located Near Irene, SD, Lake Marindahl, Volin, SD and Approx. 20 Miles Northwest of Yankton, SD – Inclusive of Productive Cropland, Abandoned Farmstead w/Mature Trees and a Few Acres of Waterway, Lowland & Hunting Habitat
We will offer the following real property at auction “On Site” at the land located from Irene, SD – 4 miles west on Hwy. #46 and 2 ¼ miles south on Co. Hwy. #408 (448th Ave.) to the Northwest Corner of the Land – with the Southwest Corner of land at the Jct. of 300th St. & 448th Ave,; from Volin, SD – 3 miles west and 5 miles north on 448th Ave.; or from Yankton. SD – approx. 6 miles east on Hwy. #50 and 11 miles north on 448th Ave.
WEDNESDAY APRIL 7, 2021 SALE TIME: 10:00 AM
This +/-118.58 Acres of Yankton County, SD Farmland will be Offered as a Unit. THIS PROPERTY WILL BE SOLD SUBJECT TO AN EXISTING FARM LEASE FOR 2021 – with the buyer to receive a seller enhanced rent at closing of $200.00 per acre on 106 acres of cropland for a total amount of $21,200.00 payable at closing.
This auction presents an opportunity to purchase a parcel of land that has been in the Cook/Jorgensen family for over 75 years, since acquired by Clifford A. Cook, the father of the present owner Eunice Jorgensen. The improvements on the acreage site include a teardown house and remnants of some other incidental outbuildings which are situated in a well located country setting with mature trees, which potentially could be transformed into a nice rural acreage site for construction of a new home, especially since the driveway to the farmstead abuts a County Hardsurfaced Highway. According to FSA information this farm has approximately 114.30 acres of farmland with approx. 105.54 acres of cropland, with the non-tillable acres are comprised of remnants of the farmstead, tree grove and other trees, waterways and a lowland pocket in the southeasterly portion of the farm; with an FSA 65.90 acre corn base with a 147 bu. PLC yield and a 39.50 acre soybean base with a 32 bu. PLC yield and is enrolled under the ARC Individual Election of the USDA farm program. The cropland acres have a very good soil rating with a gently rolling to rolling topography, as according to the Yankton County Assessor this farm has an overall soil rating of .734; similarly info. obtained from Surety Agri-Data, Inc. indicates this land has a soil rating of 78.6 – with the predominate soils on the tillable acres comprised of Class II & III soils, with approx. 5 acres of non-tillable land with Class V & VIIIw soils. The 2020 RE taxes payable in 2021 on this farm are $2,753.54. This property has potential to fulfill the needs of a variety of buyers including those looking for a rural construction housing site and/or productive cropland to add to their farming operation or their investment portfolio. This is a parcel of land that truly must be seen to be appreciated!
LEGAL DESC.: The SW¼ NW¼ Exc. Lot H-1 and the W½ SW¼ Exc. Lot H-1, Sec. 16, T. 95N., R. 54W., (Marindahl Twp.), Yankton County, SD.
TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before May 7, 2021 with landlord’s possession for the 2021 crop year – with the buyer to receive the 2021 seller enhanced cash rental amount of $200.00 per acre on approx. 106 cropland acres for a total rental amount of $21,200.00 with 100% payable at closing, with full possession for the 2022 crop year. 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 2020 RE taxes payable in 2021 will be paid by the seller, with the purchaser to be responsible for 100% of the 2021 RE taxes payable in 2022. 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. 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 Yankton 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 Owners. 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.
EUNICE JORGENSEN , Owner
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
& TOM & TED SOUVIGNIER – RE Auctioneers & Broker Associates– Canton, SD – ph. 605-987-2404