Muchow -+/-70 Acres of Unimproved Wall Lake Twp., Minnehaha Co., SD Land
September 23 @ 10:00 am
ESTATE LAND AUCTION
+/-70 Acres of Choice High Percentage Tillable Wall Lake Township, Minnehaha County SD Land with 1 Rural Housing Eligibility & an Antique Road Grader to be Sold Following the Land Auction
We will offer the following Land at public auction “On Site” at the land located from Sioux Falls, SD – Russell St./Maple St. Exit #81 on I-29 (SE Technical College) – 6½ miles west on Maple St./263rd St., 1 mile south on 465th Ave. and approx. 3/10ths mile east on 264th St.; from the Hartford, SD (Exit #387 on I-90) – 2½ miles south on Co. Hwy. #151/463rd Ave., 2 miles east on 263rd St. (Co. Hwy. #140), 1 mile south on 465th Ave. & 3/10ths mile east on 264th St.; from the Wall Lake Corner on Hwy. #42 (Jct. Hwy. #42 & 463rd Ave.) – 2 miles east on Hwy. #42, 1 mile north on 465th Ave. & 3/10ths mile east on 264th St.; or from Sioux Falls, SD (West 12th St. Exit #79 on I-29) – 5½ miles west on 12th St./Hwy. #42, 1 mile north on 466th Ave. & ½ mile west on 264th St..
FRIDAY SEPTEMBER 23, 2022 SALE TIME: 10:00 AM
AUCTIONEER’S NOTE: The Heirs of Alvera Muchow have made the decision to offer this very desirable and well located parcel of land at public auction which has been in the Muchow/Puthoff family for over 140 years at which time the land was homesteaded by Karl Muchow in 1880, thus this auction truly presents a “Once in a Lifetime Opportunity” to purchase this parcel of land. This land is very well located and is conveniently located to Sioux Falls, SD, Hartford, SD, Wall Lake, SD Hwy. #42 and other area points of interest, which could make this a great location for utilization of the remaining Minnehaha County rural housing eligibility assigned to this land. This farm has a very high percentage tillable and is comprised of predominately high quality Class I & II soils and would make an excellent addition to an area row crop farming operation or investment property.
This auction provides the opportunity to purchase a high caliber well located productive parcel of farmland with an extremely high percentage tillable that is located in an excellent agricultural area in Wall Lake Township in Minnehaha County, SD that has been in the Muchow family for many decades. According to M’haha. Co. Assessor’s information this farm has approx. 70.0 total acres and according to FSA information this farm has a total of approx. 68.03 acres of cropland with a 34.26 acre corn base with a 109 bu. PLC yield and a 33.74 acre soybean base with a 40 bu. PLC yield; and has been enrolled under the ARC Individual election of the USDA farm program. According information obtained from Surety Agri-Data, Inc. this farm has a weighted average productivity index of an 84.2 and comparatively M’haha. Co. Assessor’s info. indicates this farm has an overall soil rating of .779, with the soils being comprised of a high percentage of Class I & II Soils. The general topography of this land is level to very gently rolling. The 2021 RE taxes payable in 2022 on this property were $1,977.26. According to M’haha. Co. P&Z this property has 1 remaining rural housing eligibility by conditional use. This farm has very good eye appeal and must be seen to be appreciated! If you are the market to purchase a parcel of high quality farmland as an addition to an area row crop farming operation and/or investment, then consider this property and get your financing in order, as parcels of land of this caliber and with this kind of location are a rare find in the Sioux Falls and Minnehaha County, SD marketplace.
LEGAL DESC.: The E½ SW¼, Except Muchow’s Add’n., Sec. 12, T. 101N, R. 51W., (Wall Lake Twp.), Minnehaha Co., SD.
TERMS: Cash – A 10% nonrefundable earnest money payment sale day with the balance on or before Nov. 4, 2022, with full possession for the 2023 crop. 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, also Closing Agents Fees, if any, will be divided 50-50. 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 RE taxes payable in 2022 as well as all of the 2022 RE taxes payable in 2023 will be paid by the sellers. 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 is subject to all Minnehaha County Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Sold subject to confirmation of the Owner.
TO BE SOLD IMMEDIATELY FOLLOWING THE LAND AUCTION – Antique Russell Badger Pulltype Road/Motor Grader on Steel. Grader is located in the SE Corner of the Farm.
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.
HEIRS OF ALVERA MUCHOW – Bonnie Puthoff, Owner
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
TOM & TED SOUVIGNIER – Auctioneers & RE Broker Associates – Canton, SD – ph. 605-987-2404