ACREAGE & LAND AUCTION
Very Well Located +/-159.51 Acre Farm in Grand Meadow Township in Minnehaha County, SD – Located Adjacent to a County Oil Highway and Situated Within 2 Miles of the Tri Valley High School and Colton, SD – To be Offered as TRACT #1 – The +/-8 Acre Improved Acreage Situated in a Semi-Private Parklike Setting With Existing Improvements That Could be a Prime Construction Site for a New Home; TRACT #2 – +/- 151.51 Acres of Unimproved Cropland & Pasture or as TRACTS #1 & #2 Combined – A +/-159.51 Acre Unit Inclusive of the Both the Farmstead, Cropland & Pasture
The Heirs of John Swier will offer the following real property at auction on site at the farm located at 25090 464th Ave., Colton, SD; located from Colton SD – Approx. 2 miles south on Co. Hwy. #149/464th Ave.; from the Tri Valley High School – ½ mile west on Co. Hwy. #118/252nd St. and 1 mile north on 464th Ave. to the SW Corner of the Land at the Jct. of 464th Ave. & 251st St.; or from the Baltic Exit #94 on I-29 – 7 ½ miles west on 250th St. and ½ mile south on 464th Ave.
SALE DATE: TUESDAY NOVEMBER 26, 2019 SALE TIME: 10:00 AM
Acreage to be shown by Appointment Arranged with the Office of Chuck Sutton Auctioneer & Land Broker, LLC – ph. 605-336-6315 or Don Swier – ph. 605-543-5266
This auction presents the opportunity to purchase a property that is a “rare find” in Minnehaha County that lies within a close proximity to Colton, SD, the Tri-Valley School and the Baltic Exit on I-29. This property will be offered in multiple parcels, which based on preliminary measurements Parcel #1 is comprised of a +/-8 acre improved acreage, Parcel #2 – +/-151.51 Acres with 3 rural housing eligibilities and a mixture of productive cropland and pasture inclusive of a creek/waterway, or offered as Parcels #1 & #2 Combined – the +/-159.51 Acre Improved Unit which would make a nice addition to an area farming operation, hobby type farm and/or investment property. Properties such as this are very difficult to find, as this property offers a variety of amenities that are difficult to find within one property, thus this property will be of interest to a myriad of potential prospects/buyers. The improvements on this property include a home that is in “fair to poor condition,” that may be a “tear down type home” that with the removal of the existing home could be a superb location as a construction site for a new home. The existing home on the property consists of a older 1 ½ story 4 bedroom with a partial basement that contains a newer Carrier LP gas furnace, a breaker electrical service and a elec. HW heater. The home has been a rental for over 26 years and is in need of a significant amount of updating and repair. Other improvements on the property include an unattached double garage w/OH door and elec. opener, a wooden granary w/drive-thru and a lean to and a small wooden barn. The farmstead is situated in a very pleasant country setting with a nice setback off of the highway and is complimented by a mature grove situated on the north and west of the building site, an established lawn and a variety of trees and shrubs on the building site. Electricity to the property is provided by Sioux Valley Energy Rural Electric and water is currently provided by a well, although Minnehaha County Rural Water line are located on the west side of 464th Ave. and on the north side of 251st St., for info. concerning availability and cost contact M’haha. RW at 605-428-3374. According to Minnehaha County Planning and Zoning this property has a total of 4 rural housing eligibilities – 1 consumed by the existing residence and 3 on the remainder of the farm (presently 2 available & 1 conditional). According to FSA this farm contains approx. 127.35 acres of cropland with an 86.6 acre corn base with a 129 bu. PLC yield and a 12.54 acre soybean base with a 44 bu. PLC yield and was enrolled under the Co. ARC election of the USDA Farm Program; the remaining +/-32.16 non-tillable acres are comprised of +/-8 acres encompassed in the farmstead, with the remainder in grassland/pasture, waterway & roads. According to M’haha. Co. Assessor’s info. this farm has a soil rating of .598; comparatively info. obtained from Surety Agri-Data Inc., indicates this fam has a soil rating of 65.2. The general topography of this land is gently rolling to rolling, with some more level and lower lying land in the pasture and drainage areas. The 2018 RE taxes payable in 2019 on this +/-159.51 acre farm were $4,082.30. If you are in the market for a well located +/-8 acre acreage, a bare parcel of productive cropland and pasture containing +/-151.51 acres with 3 rural housing eligibilities or a +/-159.51 acre improved parcel of land with a great location just minutes from Colton, Hartford, Dell Rapids & Baltic, SD and less than 20 miles from Sioux Falls, SD, then make plans to inspect this property and be in attendance at this auction.
LEGAL DESC.: The SW¼, exc. Lot H-1, Sec. 2, T. 103N., R. 51W., (Grand Meadow Twp.), M’haha. Co., SD.
TERMS: CASH – A 10% nonrefundable earnest money payment on the day of the sale and the balance on or before January 24, 2020 with full possession of both the farmstead and operation of cropland the cropland for the 2020 crop year & grazing season. Marketable Title will be conveyed and Owner’s Title Insurance will be provided with the cost of the owner’s policy(s) divided 50-50 between the buyer and seller. A title company closing fee, if any, will be divided 50-50 between the buyer and seller. All of the 2019 RE taxes payable in 2020 will be paid by the owners. The acres in this property are based on the acres as stated on the County Tax Records, with no survey if sold as a unit; although if sold in multiple tracts, a survey will be completed with the acres in the acreage to be estimated at +/- 8 acres and will be sold by the dollar as a lump sum with no adjustment in price subsequent to survey; the purchase price of Tr. #2 (the bare land) will be adjusted in accordance with the acres as determined by the survey. Survey costs and platting costs, if necessary, will be paid by the sellers. The taxable acres and/or surveyed acres, are understood to be “more or less”. The sellers do not guarantee that existing fences lie on the true and correct boundary and it is stipulated that any new fencing around the perimeter of the acreage or farmland will be the responsibility of the buyer(s) pursuant to SD Law. FSA cropland acres, yields, bases & other information are estimated and subject to County Committee approval. This property is sold in “AS IS” condition and is sold with no contingencies whatsoever and the 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, as well as any or all Minnehaha Co. Zoning Ordinances and/or Regulations. The RE licensees in this transaction are acting as agents for the seller. Sold subject to confirmation of the Owners. For an appointment to inpsect the home or for other information, contact the auctioneers or Don Swier.
HEIRS OF JOHN SWIER, Owners
Don Swier – ph. 605-543-5266
CHUCK SUTTON – Auctioneer & Land Broker
– Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777
WAYNE BESSMAN – RE Auctioneer – Madison, SD – ph. 605-270-4980
JARED SUTTON – Auctioneer & RE Broker Assoc. – Flandreau, SD – ph. 605-864-8527