Smith – +/80 Acres of Parker Twp., Turner Co., SD Land
June 1, 2022 @ 10:00 am
ESTATE ACREAGE & LAND AUCTION
Well Located +/-80 Acres of Parker Township Turner County, SD Land – Located Near Parker, SD – To be Offered as Parcel #1 – +/-5.5 Acre Rural Residential Construction Site with a Tear Down Home & Other Incidental Site Improvements, Parcel #2 – +/- 74.5 Acres of High Percentage Tillable Productive Cropland or Parcels #1 & #2 Combined – The +/-80 Acre Unit.
In order to settle the estate of Harold Smith, the Trustee’s of the Smith Family Trust have made the decision to offer this real property at auction, with the auction to be held “On Site” at the land located at 27838 453rd Ave., Parker, SD; or located from the Turner County Courthouse in Parker, SD – 4 blocks west on Sanborn Street to Elm Ave./453rd Ave., then 2.75 miles south on Elm Ave/453rd Ave.
WEDNESDAY JUNE 1, 2022 SALE TIME: 10:00 AM
This auction presents the opportunity to purchase a property that is a “rare find” within a close proximity to Parker in Turner County, SD. This property will be offered in multiple parcels, with the Actual Acres to be determined by Survey, with PARCEL #1 (The Existing Acreage Site) – Estimated to Contain +/-5.5 Acres; PARCEL #2 – The Choice High Percentage Tillable Parcel Estimated to Contain +/-74.5 Acres or as PARCELS #1 & #2 Combined – The +/-80 Acre Unit (Actual Acres to be Adjusted in Accordance with the Survey, Once Completed).
THIS PROPERTY WILL BE SOLD SUBJECT TO AN EXISTING FARM LEASE FOR 2022 – with the buyer either Parcel #2 or the Unit will receive a seller enhanced rent at closing of $250.00 per acre on 74.0 acres for a total amount of $18,500.00 to be credited in full to the buyer at closing. There is no rental payment on the farmstead (Parcel #1).
PARCEL #1 is comprised of a well located abandoned farmstead which would be an excellent construction site for a new home and re-establishment of a rural acreage site – The acreage currently has a “tear down” home and some other incidental older farm buildings, as well as some existing trees and other incidental site improvements; PARCEL #2 – Has an extremely high percentage tillable and has excellent eye appeal with a level to nearly level topography. As a +/-80 acre unit FSA information indicates this farm has approx. 74.36 acres of cropland with a 36.70 corn base with a 115 bu. PLC yield and a 36.20 acre soybean base with a 34 bu. PLC yield and is enrolled under the ARC Co. Election of the USDA farm program. According to the Turner County Assessor this land has an overall soil rating of .812, comparatively info. obtained from Surety Agri Data, Inc. indicates this land has a soil rating of 86.1. According to Turner County Planning and Zoning this property has a total of 2 rural housing eligibilities. According to T-M Rural Water there is an existing line lying on the west side of 453rd Ave. – for info. concerning costs, availability and other questions, buyers are urged to contact T-M RW @ 605-297-3334. This land has an excellent location conveniently located to Parker, SD, other area communities, grain and ethanol facilities and other area points of interest.
LEGAL DESC.: The S½ NW¼ of Sec. 32, T. 99N., R. 53W., (Parker Twp.), Turner County, SD.
TERMS: Cash – A 10% non-refundable earnest money payment on the day of the sale and the balance on or before July 15, 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, if any, will be divided 50-50 between the buyer and seller. All of the 2021 RE taxes payable in 2022 in the amount of $1,850.32, will be paid by the sellers. The acres in the respective parcels and the unit will be based on a recent survey of the property as completed by Midwest Land Surveying, Inc. of S. Falls, SD, with acres to be sold being 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 Turner County, SD 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 make arrangements for absentee bidding or other information contact the auctioneers.
HEIRS OF HAROLD & OLIVE SMITH – SMITH FAMILY REVOCABLE TRUST –Jeff Smith & Carol Heisel – Co-Trustees
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315
JARED SUTTON – RE Auctioneer & Broker Assoc. – Flandreau, SD – ph. 605-864-8527
TOM & TED SOUVIGNIER – Auctioneers & RE Broker Associates – Canton, SD – 605-987-2404