TD Inc. – 80.45 Acres of Unimproved Delaware Twp., Lincoln Co., SD Land
February 16, 2022 @ 10:00 am
LAND AUCTION
+/- 80.45 Acres of Unimproved Delaware Twp., Lincoln County, SD Land – Inclusive of Productive Cropland & Expired CRP Providing Acres That Could Add Some Additional Tillable Acres and/or Hunting & Recreational Acres
We will offer the following real property at auction “On Site” at the land located approx. 20 miles SW of Sioux Falls, SD; from the Fairview Exit # 56 on I-29 – 2 ½ miles west on Co. Hwy. #140 (288th St.) and ¾ mile south on 468th Ave.; or from Beresford, SD – 9 miles north on I-29 to the Fairview Exit #56, then 2½ miles west and ¾ miles south on 468th Ave.
WEDNESDAY FEBRUARY 16, 2022 SALE TIME: 10:00 AM
This is a well located parcel of land situated in southwestern Lincoln County, SD. Due to the multi-fractioned ownership in TD Inc. which includes multiple family members, they have decided the time has come to dissolve their family ownership and to offer this property at public auction. According to a recent survey of the land by Midwest Land Surveying, Inc. this property has a total of approx. 80.45 acres. This farm has a mixture of level to nearly level productive cropland and some expired CRP grassland acres which are situated near and along Haram Creek which traverses an area through the farm. This is a well located productive parcel of land situated within ¾ mile of an oil highway and is bordered on the west by a gravel road (468th Ave.) and on the south by a minimum maintenance road (289th St.). This parcel of land has a variety of amenities – including productive cropland & hunting and recreational land that is situated in a prominent agricultural area of Lincoln County, SD. According to FSA information this +/-80.45 acre farm has approx. 73.5 acres of total cropland, which prior to 2022 was comprised of approx. 59 acres that were under cultivation and 14.5 acres were enrolled in CRP which expired in 2021; with an FSA corn base of 35.9 acres with a 142 bu. PLC yield and a 35.6 acre soybean base with a 41 bu. PLC yield and is enrolled under ARC County Election of the USDA farm program for both corn & soybeans. The non-tillable acres are comprised of creek acres/drainage and roads. According to the Lincoln County Assessor this farm has a County Soil Rating of .869, comparatively information obtained from Surety Agri-Data, Inc. indicates this land has a soil productivity index on the property in its entirety of 82.1. The general topography of this land is gently rolling to rolling, with some lower lying areas in the creek and waterways. The 2021 RE taxes payable in 2022 on this land are $1,698.76.
LEGAL DESC.: The S½ SW¼ of Sec. 23, T. 97N., R. 51W., (Delaware Twp.), Lincoln Co., SD – containing +/-.80.45 Acres according to the survey thereof.
TERMS: Cash – A 10% nonrefundable earnest money payment sale day with the balance on or before April 1, 2022 with full possession for the 2022 crop year. Marketable Title will be conveyed and owner’s title insurance provided with the cost divided 50-50 between the buyer and seller. Closing to be conducted through the Morgan-Theeler Law Firm in Mitchell, SD, with the closing fees to be paid by the sellers. All of the 2021 RE taxes payable in 2022 will be paid by the sellers. This property will be sold based on surveyed acres, with acres understood to be more or less. The seller does not warranty or guarantee that existing fences lie on the true & correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA yields, bases, payments or other info. is estimated and subject to County Committee approval. 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, and subject to Bon Homme Co. Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Sold subject to confirmation of the owners.Mark Your Calendars and Plan to be in Attendance at this Auction. To make arrangements for phone/absentee bidding.
TD INC., Owners – Jack Theeler – Attorney & Closing Agent for the Sellers– Morgan-Theeler, LLP – Mitchell, SD ph. 605-996-5588
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315
TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626
JARED SUTTON – RE Auctioneer & Broker Assoc. – Flandreau, SD – ph. 605-864-8527
TOM SOUVIGNIER – RE Auctioneer & Broker Assoc. – Canton, SD – ph. 605-987-2404