Raabe – +/-160 Acres of Productive Montrose Township, McCook County, SD Land

LAND AUCTION

+/-160 Acres of Productive Montrose Township, McCook County, SD Land

We will offer the following real property at auction “On Site” at the land – Located from the Montrose, SD Exit #_374_ on I-90 – 2 miles north Co. Hwy. (451^st Ave.) to Hwy. #38 at the SW Corner of Montrose, SD, then 2 miles west on Hwy. #38 to 449^th Ave., then 3 miles north on 449^th Ave. to the SW corner of the land at the Jct. of 251^st St. & 449^th Ave.; or from Salem, SD (Jct. of Hwy’s. #81 & #38/253^rd St.) – 7 miles east on Hwy. #38, approx. 2½ miles north on 448^th Ave. and 1 mile east on 251^st St. to the SW corner of the land.

THURSDAY APRIL 7, 2022                      Sale Time: 10:00 AM

As Richard & Bonnie Raabe, formerly of the Montrose area, have moved out of state to Indiana to be closer to their children, they have made the difficult decision to sell this farm which they farmed for over 60 years, and have owned for over 30 years.  **NOTE – This property is NOT under lease and is available with full possession for the 2022 crop year with the new owner provided the opportunity to farm or lease this property, with immediate full possession to be awarded for the 2022 crop year.**

This auction presents the opportunity to purchase a parcel of land that has been in the Raabe Family for many  years.  This +/-160 acre farm will be offered as a unit.  This land has tremendous eye appeal and has a very high percentage tillable with powerful productive soils.  According to FSA information this +/-160 acre farm has approx. 154.77 acres of cropland with an FSA 76.4 acre corn base with a 143 bu. PLC yield and a 76.4 acre soybean base with a 43 bu. PLC yield and is enrolled under the PLC Election of the USDA Farm Program for Corn & Soybeans.  According to the McCook Co. Assessor this farm has a very good overall soil rating of .759, comparatively info. obtained from Surety Agri-Data, Inc. indicates this land has an overall productivity index of 82.  The general topography of this land is level to gently rolling.  This property is bordered on the west by 449^th Ave. and a dead road on the south.  The 2021 RE taxes payable in 2022 on this land are $3,459.86.  This is a parcel of land that could serve as an excellent addition to a row crop farming operation or as an investment.

LEGAL DESC.:  The SW¼ of Sec. 5, T. 103N., R. 53W., (Montrose Twp.), McCook County, SD.

TERMS: A 10% nonrefundable downpayment on the day of the sale and the balance on or before May 27 2022, with full possession for the 2022 crop year, with the buyer to be awarded immediate possession in order plant and operate this land in 2022!  Fall Tillage completed on this land will pass at “No Cost” to the buyer. 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, if any, 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, with the purchaser to be responsible for all of the 2022 RE taxes payable in 2023.  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 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 McCook 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 Owners.  To view aerial maps, soils data and other information concerning this property see www.suttonauction.com or to make arrangements for absentee bidding or other information contact the auctioneers.

 RICHARD & BONNIE RAABE, Owners 

CHUCK SUTTON – Auctioneer & Land Broker Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777;

TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626 &

JARED SUTTON – RE Auctioneer & Broker Associate – Flandreau, SD – ph. 605-864-8527