Nicolai – 80 Acres of Unimproved Union Twp., Moody County, SD Land

LAND AUCTION

80 Acres of Union Township Moody County, SD Land with a Mixture of Productive Cropland and a Small Pasture – Inclusive of Some Very Nice Sites for Establishment of a New Home on an Acreage and/or Hobby Farm 

In order to settle the Reuben Nicolai Estate, his trustees have decided offer the following real property at public auction, with the auction to be held “On Site” at the land located from the Trading Post Corner (Jct. Hwy. #13 & #32) in Flandreau, SD – 4 miles east on the Park Road (230th St.) and 1/4 mile north on 485th Ave.

FRIDAY MORNING FEBRUARY 4, 2022                       SALE TIME:  10:00 AM

This auction presents the opportunity to purchase a well located +/-80 acre parcel of Moody County, SD land.  This property has a mix of productive cropland, a small +/-5.44 acre area of pasture located in the southeast corner of the farm which is traversed by a creek.  This land has a very good location and has a topography which could make this this land extremely attractive to individuals looking for a site on which to construct a new home on an acreage/hobby farm, while also lending potential to lease a portion of the land for additional income or for an owner to utilize this entire property as a spacious acreage or hobby farm with room for livestock and/or crop production as an addition to an area farming operation.  This property is very well located just 1/4 mile from a Co. Oil Hwy. and conveniently located to Flandreau, SD, Pipestone, MN., other area communities and major highways. According to FSA information this 80 acre farm has approximately 73.02 acres of cropland with a 15.5 acre corn base and a 137 bu. PLC yield and a 15.3 acre soybean base with a 44 bu. PLC yield.   According to Moody County Assessor’s information this farm has an overall soil rating of .725, comparatively Surety Agri Data, Inc. indicates this land has a soil productivity index of 68.2.   The general topography of this land is gently rolling to rolling.  The 2021 RE taxes payable in 2022 are $1,747.44.This land is sold subject to an existing cash lease for 2022, with the new buyer to receive $275.00 per acre on 72 acres for a total of $19,800.00 which will be credited to the buyer at closing.  According to Big Sioux Community Rural Water there is an existing line that runs by the property.  This land has potential to be of interest to land buyers in the market for a choice rural building location for use as an acreage/hobby farm, as an addition to an area row crop/livestock operation or as an investment.  This is a very unique property with a variety of excellent amenities which are uncommon when compared to many parcels of land.  Make plans to inspect this property and be in attendance at this auction.

LEGAL DESC.: SE¼ NE¼ and the NE¼ SE¼ of Sec. 19, T. 107N., R. 47W, (Union Twp.), Moody County, SD.

TERMS:  Cash – A 10% non-refundable earnest money payment on the day of the sale and the balance on or before March 18, 2022 with landlord’s possession subject to the existing farm lease 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 total acres are based on the acres stated on the county tax records, with this property sold by the acre with acres to be sold – 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 Moody 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 Trustee. To make arrangements for absentee bidding or other information contact the auctioneers.

REUBEN NICOLAI 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 – RE Broker Assoc. & Auctioneer – Flandreau, SD – ph. 605-864-8527 and BURLAGE-PETERSON AUCTIONEERS & REALTORS – Brookings, SD – ph. 605-692-7102