Nicolai – 233.44 Acres of Unimproved Star Twp., Clay Co., SD Land
December 8, 2022 @ 10:00 am
ESTATE LAND AUCTION
+/-233.44 Surveyed Acres of Productive and Extremely Well Located Star Township Clay County, SD Land – Situated in the Irene & Wakonda, SD Area and bordered on the North by Hwy. #46 – Inclusive of Land with a High Percentage Tillable & Highly Productive Cropland
In order to settle the Reuben Nicolai Estate we will offer the following real property at public auction, with the auction to be held “On Site” at the land located from Irene, SD – approx. 1 mile east on Hwy. #46 with the land bordered on the west by 453rd Ave. and on the North by Hwy. #46; from Wakonda, SD – 5 miles north on 455th Ave. and 1 ½ miles west on Hwy. #46; or from the Beresford/Irene SD Exit #47 on I-29 – approx. 17½ miles west on Hwy. #46.
THURSDAY DECEMBER 8, 2022 SALE TIME: 10:00 AM
Auctioneer’s Note: This auction presents an opportunity to purchase a very desirable parcel or parcels of Clay County, SD land. This land has a very high percentage tillable with productive soils and a superb location. The new owner will have full possession of this land for the 2023 crop year. If you are in the market for productive Clay County, SD land to add to a row crop operation or as an investment, then make plans t inspect this property and be in attendance at this auction. This +/-233.44 Acres of Clay County, SD land has been recently surveyed and will be offered as Parcel #1 – The North +/-151.98 Acres, Parcel #2 – The South +/-81.46 Acres or as Parcels #1 & #2 Combined – The +/-233.44 Acre Unit.
This auction presents the opportunity to purchase a very well located parcel(s) of Clay County, SD land which exhibits a high percentage of productive cropland located in an excellent agricultural area in Star Township of Clay County, SD. This land has very good eye appeal and a high percentage tillable, with the non-tillable acres comprised of a small tower site, some grassland, drainage, waterway & roads. According to FSA information this farm as a unit has approx. 232.85 acres considered as cropland, although from review of the FSA aerial photo it appears approx. 226.68 acres are currently there are NO established yields of bases on this farm. According to Clay County Assessor’s information this farm was assessed as two individual parcels – with +/-152.2 taxable acres in the NW¼ which has a soil rating of 65.2 and the RE taxes payable in 2022 on this parcel were – $4,124.78; and the +/-82.76 taxable acres in the N½ SW¼ has a soil rating of 75.2 and the RE taxes payable in 2022 were 2,606.50; by comparison info. obtained from Surety Agri-Data, Inc. indicates as a whole this property in its entirety has a weighted soil rating of 76.8; and individually Surety indicated the land owned in the NW¼ has a soil rating of 74.2 and the N ½ SW ¼ has a 81.7. The general topography of this land is gently rolling to somewhat undulating. There is an existing East River Electric Communication Tower on-site situated in the north central sector of the farm described as an area approx. 320’x320’ that is subject to a perpetual easement granted by a previous owner in 1978, thus this agreement was in place when this property was purchased by Reuben Nicolai and future owners will also be bound by this agreement (copies of the agreement are available from Sutton Auction for review upon request). Either as individual parcels or as a unit, this land is well suited to serve as an excellent addition to an area row crop farming operation or investment.
LEGAL DESC.: PARCEL #1 – The NW¼, Except Lot A & Exc. Lots H-1 & H-2 in Gov’t. Lot 2, Sec. 5, T. 95N. R. 53W., Clay County, SD – 151.98 Surveyed Acres M/L; PARCEL #2 – the N½ SW¼ Sec. 5, T. 95N. R. 53W., Clay County, SD – 81.46 Surveyed Acres M/L.
TERMS: Cash – A 10% non-refundable earnest money payment on the day of the sale and the balance on or before January 25, 2023, with full possession for the 2023 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, as well as the 2022 RE taxes payable in 2023 will be paid by the estate. The total acres in in this farm are based on the acres as determined by a survey as completed by Midwest Land Surveying, Inc., with the acres understood to be “more or less”. 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 Clay County Zoning Ordinances. The RE licensees in this transaction are acting as agents for the owners. Sold subject to confirmation of the Trustee.To make arrangements for absentee bidding or other information contact the auctioneers.
REUBEN NICOLAI ESTATE TRUST, Owner –Steven Nicolai, Trustee
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777
JARED SUTTON, CAI – Auctioneer & RE Broker Associate – Flandreau, SD – ph. 605-864-8527
TOM & TED SOUVIGNIER – Auctioneers & RE Broker Associates – Canton, SD – ph. 605-987-2404