Thompson Living Trust- +/-36.4 Acres of Red Rock Twp., Minnehaha Co., SD Land
November 30 @ 10:00 am
MINNEHAHA COUNTY, SD LAND AUCTION
+/- 36.40 Acres of Red Rock Township Minnehaha County, SD Land – Located Near Valley Springs, Brandon & Garretson, SD – With “No” Rural Housing Eligibility That Could Serve as a Great Addition to an Area Farming Operation, Investment Property and/or Hobby Farm
We will offer the following parcel of farmland at auction at or near the property – Located from the Valley Springs/Garretson SD Exit #410 on I-90 – ½ mile north on Co. Hwy. (486th Ave.), 2 miles west on 260th Street and ¼ mile south on 485th Ave.; from Garretson, SD – 7 miles south on Co. Hwy. (486th Ave.), then 2 miles west on 260th Street and ¼ mile south on 485th Ave.
THURSDAY NOVEMBER 30, 2023 SALE TIME: 10:00 AM
This auction presents an excellent opportunity to purchase a parcel of land that has been owned by the Nelson Family for over 85 years. This property consists of a small parcel of land, which according to Minnehaha. County Assessor’s information consists of approximately 36.40 acres, that would make a great addition to an area row crop farming operation or as an investment, as according to Minnehaha County Planning & Zoning this property has “No Remaining” rural housing eligibilities, thus this property will be sold for its agricultural value only. According to FSA information this property has approx. 35.17 acres of cropland with an FSA 17.60 acre corn base with a 163 bu. PLC yield and a 14 acre soybean base with a 53 bu. PLC yield and has been enrolled under the ARC County election for corn and soybeans of the USDA farm program. The non-tillable acres in this farm are comprised primarily of a tree grove, with the remainder being drainage and a small portion of roadway on the east side of the property. According to the Minnehaha County Assessor this land has an overall soil rating of .813, similarly info. obtained from Surety Agri Data, Inc. indicates this land has a soil rating of 85.7; comparatively information obtained from Surety Agri-Data indicates this land has a soil productivity index of 86.3. The 2022 RE taxes payable in 2023 on this property were $1,044.38; in addition, the sellers will also pay all of the 2023 RE taxes due and payable in 2024. This land has a relatively high percentage tillable, excellent eye appeal with a gently rolling to rolling topography and has a convenient location near I-90, Valley Springs, & Brandon, SD.
LEGAL DESC.: The SE¼ NE¼, Exc. the S. 225.58’ of the E. 693.95’, in Sec. 30, T. 102N., R. 47W., (Red Rock Twp.), Minnehaha Co., SD.
TERMS: Cash – A 10% non-refundable earnest money payment sale day and the balance on or before February 9, 2024 with full possession for the 2024 crop year. Marketable title will be conveyed with an owner’s 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 2023 RE taxes payable in 2024 will be paid by the sellers. This property is sold in accordance with the acres as stated on the county tax records, with the acres 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 provided 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 Minnehaha 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 make arrangements for absentee bidding or other information contact the auctioneers.
THE DONALD & JUDITH THOMPSON LIVING TRUST – Owner
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315
JARED SUTTON – RE Auctioneer & Broker Associate – Flandreau, SD – ph. 605-864-8527
TOM SOUVIGNIER – Auctioneer & RE Broker Associate – Canton, SD – 605-987-2404
& TED SOUVIGNIER – Auctioneer & RE Broker Associate – Canton, SD – 605-660-3962