Krech – +/-152 Acres of Unimproved Jefferson Twp., Moody Co., SD Land
February 5, 2020 @ 10:00 am
LAND AUCTION
+/-152 Acres of Highly Productive Jefferson Township Moody County SD Land That has been Occupied by the Same Family Since 1878 and Homesteaded in 1887
We will offer the following real property at auction at the land located from the Flandreau, SD Exit #114 on I-29 – 1½ miles west, 2 miles north on 471st Ave./Co. Hwy. #77, 5 miles west on 228th St. to the Moody/Lake County Line, then 1 mile north on 466th Ave. to the SW Corner of the Land at the Jct. of 227th St. & 466th Ave.; from Rutland, SD – ½ mile south, 4 miles east on 228th Street to the Lake/Moody County Line, then 1 mile north on 466th Ave. to the SW corner of the land; from Brookings, SD – approx. 11 miles south on I-29 to the Ward-Nunda Exit #121 – 1½ miles west on 223rd St., 5 miles south on Co. Hwy. #77 (471st Ave.), then 5 miles west on 228th St. and 1 mile north on 466th Ave.
WEDNESDAY FEBRUARY 5, 2020 SALE TIME: 10:00 AM
This auction presents a great opportunity to purchase a productive parcel Moody County SD Land that has been in the Krech family for over 130 years with ownership dating back to 1887 and occupancy since 1878. This is farm that has high percentage (+/-95%) of productive cropland with a substantial amount of drain tile installed throughout portions of the farm. According to FSA information this +/-152 acre farm has approx. 145.38 acres of cropland with an FSA 87.7 acre corn base with a 135 bu. PLC yield, a 34.9 acre soybean base with a 36 bu. PLC yield and a 19.5 acre wheat base with a 29 bu. PLC yield, with this farm enrolled under the ARC County election of the USDA farm program. The nontillable acres consist of a couple of small lowland pockets and roads. According to the Moody Co. Assessor this parcel has an Overall Soil Rating of .793, similarly info. obtained from Surety Agri Data, Inc. indicates that this farm has an overall productivity index of 80.3. This property has a level to gently rolling topography, with some low lying areas in the lowland and drainage areas. There has been a significant amount of drain tile that has been installed in this land, as the total project consisted of approx. 16,340’, with approx. 15,000 ft. of drain tile installed in this farm with the project completed in 2016. The 2019 RE taxes payable on this property in 2020 are $4,516.20. This land is located in Jefferson Township of Moody County, SD and near Rutland, SD, which is a highly regarded agricultural area. This is a farm that could serve as an excellent addition to an area row crop farming operation and/or investment property, that truly must be seen to be fully appreciated.
LEGAL DESC.: The SW¼ of Sec. 6, T. 107N. R. 50W., (Jefferson Twp.), Moody Co., SD.
TERMS: Cash – A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before March 20, 2020 with full possession for the 2020 crop year. A Warranty Deed will be conveyed and owner’s title insurance provided with the cost divided 50-50 between the buyer and seller. All of the 2019 RE taxes payable in 2020 will be paid by the sellers. This property will be sold based on the acres stated on the county tax records, with acres understood to be more or less. 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, payments or 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 Moody 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. For additional information contact the auctioneers.
KRECH HOMESTEAD PARTNERSHIP
William “Bill” Krech & Warren & Marcia Krech, Owners
CHUCK SUTTON – Auctioneer & Land Broker & JARED SUTTON – RE Auctioneer – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777;
JARED SUTTON – RE Auctioneer & Broker Assoc. – Flandreau, SD – ph. 605-864-8527
and WAYNE BESSMAN – RE & Personal Property Auctioneer – Madison, SD – ph. 605-270-4980