Miller – +/-164.71 Acres of Unimproved Spring Lake North Twp., Kingsbury Co., SD Land
October 2 @ 10:00 am
LAND AUCTION
+/-164.71 Acres of Productive Spring Lake “North” Township, Kingsbury, SD Land
We will offer the following farm “ON SITE” at the land located from Oldham, SD – 4 miles east on 218th St., 4 miles north on Co. Hwy. #9 (449th Ave.) and ½ mile west on 214th St.; from the Jct. Hwy’s #34 & #81 (Pizza Ranch Corner) in Madison, SD – approx. 15 miles north on Hwy. #81 to the Oldham Corner, then 5 miles west on 218th St., 4 miles north on Co. Hwy #9 (449th Ave.) and ½ mile west on 214th St.; or from Arlington, SD – 4 miles west on Hwy. #14 to the Hetland, SD Corner, then approx. 5 ½ miles south on 449th Ave. (Co. Hwy. #9) and ½ mile west on 214th St. (the NW Corner of the land at the Jct. of 214th St. and 448th Ave.).
MONDAY OCTOBER 2, 2023 Sale Time: 10:00 AM
AUCTIONEERS NOTE: This auction presents the opportunity to purchase a productive parcel of cropland situated in a prominent agricultural, hunting and recreational area of Kingsbury, County, SD. This land has a respectable soil rating and would make a nice addition to an area row crop farming operation with some hunting and recreational prospects and/or an investment opportunity. Please mark your calendars and make plans to be in attendance at this auction. Chuck Sutton
This property consists of approximately 164.71 acres according to Kingsbury County assessment data. According to FSA information, this farm has approx. 142.93 acres of cropland with an FSA 70.90 acre corn base with a 154 bu. PLC yield and a 63.76 acre soybean base with a 43 bu. PLC yield. Presently the non-crop acres consist of an area with a few trees, lowland pockets, waterway, drainage and roads. The property is bordered by a gravel road on the north (214th St.) and a minimum maintenance road on the west (448th Ave.), along which there is a portable snowmobiler’s warming building – which is not included with the property. According the Kingsbury County Assessor this farm has an overall soil rating of .713, comparatively information obtained from Surety Agri-Data, Inc. indicates this land has a soil productivity index of 70.6. The general topography of the land is gently rolling to somewhat hilly, especially in the SW portion of the farm near the waterway. According to US Fish and Willdlife the are no existing conservation easements on this land. The RE taxes payable in 2023 on this property were $2,977.14.
Legal Desc.: The NW¼ of Sec. 6, T. 109N., R. 53W. (Spring Lake Twp. “N”), Kingsbury County, SD.
TERMS: A 10% nonrefundable downpayment on the day of the sale and the balance on or before Nov. 17, 2023, with full possession for the 2024 crop year and Fall tillage privileges subsequent to the harvest of the 2023 crops. Marketable Title will be conveyed and an owner’s title insurance policy will be provided with the cost of the owner’s policy and closing agent’s fee (if any), to be divided 50-50 between the buyer and seller. All of the 2022 RE taxes payable in 2023, as well as all of the 2023 RE taxes payable in 2024 with be paid by the sellers. The total acres being sold are based on the acres as stated on the county tax records, with acres understood to be – more or less. The sellers do not warranty or guarantee that the existing fences lie 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 Kingsbury County Zoning Ordinances. The sellers may desire to utilize this property in connection with a 1031 tax free exchange, and if so, the buyer will agree to cooperate with facilitation of the exchange, with all cost related to the exchange to be paid by the sellers. The RE licensees in this transaction are acting as agents for the agent for the owners. Sold subject to confirmation of the Owners. This is a parcel of land that is well suited to serve as an addition to an area farming operation or investment. To to make arrangements for absentee bidding or other information contact the auctioneers.
GARY & DEBRA MILLER, Owners
John M. Nelson – Nelson & Ericsson Law Office, Prof. LLC – Madison, SD – Attorney & Closing Agent for the Sellers
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315
WAYNE BESSMAN – RE Auctioneer – Madison, SD – ph. 605-270-4980
JARED SUTTON, CAI – Auctioneer & RE Broker Assoc. – Flandreau, SD – ph. 605-864-8527
CHIP WOSJE – RE Auctioneer – Nunda, SD – ph. 605-480-2847