Mallon Estate – +/-127.5 Acres of Unimproved Minnehaha Co., SD Land
November 5, 2021 @ 10:00 am
ESTATE LAND AUCTION
+/-127.5 Acres of Minnehaha County Land– Including FARM #1 – 47.74 Acres of Extremely Well Located High Percentage Tillable Land in Lyons Twp. which has Potential for a Spectacular Location for Establishment of a Future Rural Home Site Located Near Crooks, SD and within approximately 5 Miles of Sioux Falls, SD and Lying Adjacent to a County Oil Highway & FARM #2 – 78.69 Acres of Well Located High Percentage Tillable Land in Mapleton Township with Potential Housing Site Opportunities Located within ½ mile of a County Highway and within 5 miles of Sioux Falls, SD
Both of these Farms will be offered at the Site of Farm #1 which is located from Sioux Falls, SD – 5 miles north on I-29 to the Renner-Crooks Exit #86, then 1/4 block east, then 2 miles north on Co. Hwy. #133 (472nd Ave.) with the Southeast Corner of the Land at the Jct. of 472nd Ave. & 256th St.; from Crooks, SD – approx. 1 ½ miles east on 257th St. and 1 mile north on 472nd St.; from the Midway Station Corner on Hwy. #115 – 3 miles west on Co. Hwy. #122 (254th St.) and 2 miles south on 472nd Ave. to the SE Corner of Farm #1; from the Baltic Exit #94 on I-29 – ¼ mile east, 6 miles south on Co. Hwy. #133 (472nd Ave.); or from the West Nidaros Lutheran Church – 1 east on 254th St. and 2 miles south on 472nd Ave.
FRIDAY NOVEMBER 5, 2021 SALE TIME: 10:00 AM
AUCTIONEERS NOTE: In order to settle the Estate of Maurine “Brekke” Mallon we will offer both of these farms at public auction, which provides the opportunity to land that has been in the Brekke/Mallon family for several decades. Farms #1 and #2 will be offered individually with no combinations. Each of these parcels of land have great locations and future rural housing site opportunities, as these properties are situated in a locale where many upscale homes have been established in recent years. If you are in the market for land situated within a close proximity to Sioux Falls, Crooks and Renner, SD & other area communities and points of interest, then mark your calendars and plan to attend this auction.
FARM #1 – 47.74 Acres of Very Well Located Scenic Cropland w/2 Rural Housing Eligibilities and lying adjacent to Co. Hwy. #133 (472nd Ave.) – LEGAL DESC.: The SE¼ SE¼ and the S. 16 Rods of the NE¼ SE¼, Sec. 36, T. 103N., R. 50W., (Lyons Twp.), M’haha. Co. SD.
Farm #1 is a well located parcel of land which has roads on two sides of the property – Hwy. #133 (472nd Ave.) on the east and 256th St. on the South and bordered on the west by Vista Ridge Place. This property features a scenic terrain that provides some terrific sites that would be very adaptable for use of the remaining County rural housing eligibilities that are assigned to this parcel of land, evidenced by the number of established late model upscale homes located in the vicinity near this property. Farm #1 is an extremely desirable parcel of land that could be very well adapted to serve as a site for future establishment of a rural home site, along with some acres of productive cropland and could serve as an excellent hobby type farm/rural acreage with crop income; and/or as an addition to an area farming operation or investment. According to Minnehaha County Planning & Zoning this property has 2 rural housing eligibilities available. The terrain of this land makes this property very conducive for future establishment of a home site with potential for a walk-out basement while affording a pleasant countryside view from various vantage points of the land. Minnehaha Community Rural Water is located near the property, for info. concerning availability and cost contact M’haha. RW @ 605-428-3374. According to FSA information Farm #1 is estimated to contain approx.45.22 acres of cropland with an 18.73 acre corn base with a 158 bu. PLC yield and a 19.35 acre soybean base with a 46 bu. PLC yield and is signed into the Price Loss Coverage Election of the USDA Farm Program. The general topography of this land includes some gently rolling to very rolling areas. According to the M’haha. Co. Assessor this land as a soil rating of .758, similarly info. obtained from Surety Agri-Data Inc. indicates this land has an overall productivity index of 76.2. The 2020 RE taxes payable in 2021 on this land were $1,476.96. This is a very desirable parcel of land that has potential to be of interest to a wide variety of buyers which must be seen to be fully appreciated!
FARM #2: +/-78.69 Acres with a High Percentage Tillable – Located from the SE Corner of Farm #1 (Jct. of Hwy. #133/472nd Ave & 256th St.) – ½ mile east on 256th St.; from Sioux Falls, SD – 5 miles north on I-29 to the Renner-Crooks Exit #86, then 1/4 block east, then 2 miles north on Co. Hwy. #133 (472nd Ave.), then ½ mile east on 256th St. LEGAL DESC.: W½ NE¼ of Sec. 6, T. 102N., R. 49W., (Mapleton Twp.), M’haha. Co. SD.
Farm #2 consists of a +/-78.69 acre parcel of land with a high percentage tillable. This property features a scenic terrain that provides some desirable sites that would be very adaptable for use of the remaining County rural housing eligibilities that are assigned to this parcel of land. This property has a few incidental improvements situated in the northeast corner of the property inclusive of a wooden granary, 2 small metal grain bins and a vintage Aermotor windmill. According to Minnehaha County Planning & Zoning this property has 2 rural housing eligibilities available. According to FSA information this farm has approx. 77.33 acres of cropland with a 32.04 acre corn base with a 158 bu. PLC yield and a 33.08 acre soybean base with a 46 bu. PLC yield and is signed into the Price Loss Coverage Election of the USDA Farm Program. The general topography of this land includes some gently rolling to very rolling areas. According to the M’haha. Co. Assessor this land as a soil rating of .545, comparatively info. obtained from Surety Agri-Data Inc. indicates this land has an overall productivity index of 63.5. Minnehaha Community Rural Water is located running east and west and on the north side of 256th St. along the north side of the property, for info. concerning availability and cost contact M’haha. RW @ 605-428-3374. The 2020 RE taxes payable in 2021 on this land were $1,549.24. This is a desirable well located parcel of land that has potential to serve as an addition to an area row crop farming operation, hobby farm and/or investment property.
TERMS: Cash – A 10% non-refundable earnest money payment on sale day and the balance on or before Dec. 17, 2021 with full possession for the 2022 crop year. Marketable title will be conveyed with an owners title insurance policy provided with the cost divided 50-50 between the buyer and seller, additionally a title company closing fee will be divided 50-50 between the buyer and seller. All of the 2021 RE taxes payable in 2022 will be paid by the sellers. The acres in these properties are to be based on the acres as determined by a survey to be completed by Midwest Land Surveying, Inc., with the acres understood to be “more or less”, with the survey costs paid by the Estate. 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. Information contained herein is deemed to be correct but is not guaranteed. This property is sold in “AS IS” CONDITION and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all Minnehaha County Zoning Ordinances. The RE licensees in this transaction are acting as agents for the agent for the owners. Sold subject to confirmation of the Personal Representative. For additional information or to make arrangements for absentee bidding or other information contact the auctioneers.
MAURINE “BREKKE” MALLON ESTATE – David Mallon, Personal Representative
Casson Dennison – Attorney for the Estate – Dell Rapids Law Firm, Dell Rapids, SD
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315
JARED SUTTON – RE Auctioneer & Broker Associate – Flandreau, SD – ph. 605-864-8527
DAN UTHE – Auctioneer & RE Broker Associate – Sioux Falls, SD – ph. 605-351-2230
DEAN GULBRANSON – RE Auctioneer – Madison, SD – ph. 605-695-0133