Weiss – +/-221.39 Acres of Taopi Twp., Minnehaha Co., SD Land – including 2 potential Acreage Sites!
October 10 @ 10:00 am
ACREAGE SITES & LAND AUCTION
+/-221.39 Acres of Taopi Township, Minnehaha County Land To be Offered in Multiple Individual and Combined Tracts – Including 2 Spectacular Acreage Sites Encompassed by Mature Trees and Parcels of Extremely High Quality High Percentage Tillable Land – Located within 1 Mile of Colton, SD
We will offer the following parcels of real estate at public auction “On Site” at FARM #1 – located from Colton, SD – 1 mile east on 1st St. (248th St./Co. Hwy. #110), then south approx. ¼ mile south to the acreage site located at 24838 465th Ave.; from the Baltic Exit #94 on I-29 – 1 ½ miles west on 250th St., 2 miles north on 470th Ave./Co. Hwy. #137 and 5 miles west on 248th St./Co. Hwy. #110 to the NW Corner of Farm #1; or from the Dell Rapids, SD Exit #104 on I-29 – 1 ½ miles west on 246th St., 2 miles south on 470th Ave. and 5 miles west on 248th St. to the NW Corner of the land at the Jct. of 248th St. & 465th Ave.
TUESDAY OCTOBER 10, 2023 SALE TIME: 10:00 AM
AUCTIONEER’S NOTE: This auction awards the opportunity to purchase FARM #1 which will be offered as 3 individual tracts and combinations of tracts – with 2 of the tracts being spectacular rural home/construction sites and a 3rd tract of virtually 100% tillable cropland which also has a housing eligibility; FARM #2 is dissected by Taopi Road and the Railroad Tracks and will be offered as 2 individual parcels or as a whole – with Farm #2 being a high percentage tillable parcel of land inclusive of 3 rural housing eligibilities (2 assigned to Tr. #2A and 1 assigned to Tr.# 2B). This offering presents the rare opportunity to purchase existing acreage site and high quality farmland located in the tightly held area of Taopi Twp. in Minnehaha County, where the opportunity to purchase land and/or acreages seldom become available on the open market, evidenced by the fact that this land has been in the Weiss Family for over 75 years.
This property will be sold based in accordance with a recent survey that was completed on all of this property and will be offered as FARM #1 – Tract #1A – +/-6.06 Acres – The Southern Acreage Site with an Existing Older Home & Other Improvements; Tract 1B – +/-6.16 Acres – The Northern Acreage Site; TRACTS #1A & 1B Combined – +/-12.22 Acre Combined Acreage Site with 2 Housing Eligibilities; TRACT #1C – +/-67.66 Acres of High Percentage Tillable Cropland w/1 Housing Eligibility or TRACTS #1A, #1B & #1C – The Combined +/-79.88 Acres as a Unit. FARM #2 – To be Offered as TRACT #2A – +/-116.50 Acres Lying Northeast of Taopi Road w/2 Rural Housing Eligibilities; TRACT #2B – +/-25.01 Acres w/1 Housing Eligibility or as TRACTS #1A & #1B Combined – +/-141.51 Acres.
FARM #1: +/-79.88 Acres – Legal Desc.: The W ½ NW ¼ of Sec. 25, T. 104N., R. 51W., (Taopi Twp), Minnehaha County, SD – To be Offered as Tract #1A – +/-6.06 Acres – The Southern Acreage Site with an Existing Older Home & Other Improvements; Tract 1B – +/-6.16 Acres – The Northern Acreage Site; TRACTS #1A & 1B Combined – +/-12.22 Acre Combined Acreage Site with 2 Housing Eligibilities; TRACT #1C – +/-67.66 Acres of High Percentage Tillable Cropland w/1 Housing Eligibility or TRACTS #1A, #1B & #1C – The Combined +/-79.88 Acres as a Unit. This property provides a terrific opportunity to purchase either one or two individual acreage sites or a combination of Tracts #1A & #1B combined into one large +/-12.66 acre acreage site which would contain 2 rural housing eligibilities. Tract 1C consists of approx. +/-67.66 acres of high caliber cropland along with 1 rural housing eligibility.
The existing improvements on Tr. 1A include a older 1 ½ story home to which a one story addition was added – the main level is comprised of an east entry with dual access to the main and basement levels, a kitchen with cabinets, dishwasher, gas stove, Kenmore refrig. w/bottom freezer, laundry area and a small pantry closet; small bedroom and ½ bath & adjacent room w/closet; dining room w/picture window;bedroom w/coset, living room w/coat closet w/south and west facing windows and a sliding patio door to a wooden deck that was new in 2022 – the living room show some ceiling water damage that occurred prior to the new steel roof being installed over the one story addition, along with the installation of new vinyl clad windows in approx. 2022; the 2nd story has a landing and 3 primitively finished rooms, with the 2nd story unutilized for decades; the home has a basement with 2 entrances – (1 from the living room and 1 from the east entry) the basement has a rec room with a pool table that stays with the home and has two additional rooms, a room with a utility area and a canning goods stg. room – the basement has painted concrete block walls and a concrete floor, also the basement includes 2 electrical breaker boxes, the RW service entrance, a gas HW heater (2023) and a gas freestanding heater; the house has elec. heat, although there is no heat in the 2nd level; the exterior of the home has a combination of wood and hardboard siding , asphalt shingle on the original house and steel roofing on the addition; Other improvements on Tr. #1A include an oversized single garage w/OH door & elec. opener, a leased LP tank (Koopman Gas), a galvanized steel machine shed w/concrete floor & electricity, a corn crib, cement stave silo and other incidental improvements. Tr. #1A is serviced by Sioux Valley Energy Rural Electric and Minnehaha Community Rural Water. Tr. #1B – the northerly +/-6.16 acres did previously have rural water to a mobile home that was located on the site, although the RW service was retired and a new owner would need to pay a new membership fee ($2,500.00) and costs related to re-energizing that service, should a buyer desire to have RW at that location. Both Tracts #1A & #1B afford either 2 individual or one combined spectacular acreage site(s) and are surrounded by mature trees and are in a pleasant country setting with an excellent location near Colton, SD with unlimited unbridled potential. Tr. #1C is comprised +/-67.66 surveyed acres is situated around the outside of the acreage site(s), which according to FSA information is identified as T14732 which has approx. 62.75 acres of cropland; FSA presently has this combined with another parcel as a 146.44 acre parcel, although if calculated based on a contribution percentage, it would appear that this farm would have an approximate 46% of the bases or an estimated 37.55 acre corn base with a 156 bu. PLC yield and a 24.8 acre soybean base with a 41 bu. PLC yield. The general topography of this land is gently rolling to rolling. According to information obtained from Surety Agri-data Inc., this parcel has a Productivity Index on the cropland acres of an 82.5; comparatively, Minnehaha County Assessor’s information indicates that this parcel has a soil rating of a .744; with both indicating that this farm has some very productive soils being primarily Class II soils throughout the majority of the cropland. The total 2022 RE taxes payable in 2023 on this property inclusive of the improved farmstead and ag land were (10 acre farmstead – $1,435.12 and on +/-69.50 acres – $2,044.32), a combined total on the whole of $3,479.44. If you are in the market for an acreage and/or farm with excellent potential rural construction sites and/or high percentage high quality cropland, then make plans to inspect this property and be in attendance at this auction.
FARM #2: +/-141.51 Surveyed Acres – Located from Colton, SD – 1 mile east on Co. Hwy. #110 (248th St. and ½ mile south on 465th Ave.) – Directly SW of Farm #1 – Legal Desc: SE¼ of Sec. 26, T. 104N., R. 51W., (Taopi Twp.), Minnehaha Co., y, SD, exc. the Cemetery, and exc. the Wagon Road on the North Side of the Great Western RR ROW, and exc. Tr. 1 of Lambikin Land Addition thereof , containing 141.51 Acres M/L in accordance with the survey thereof.
The farm consists of a total of +/-141.51 acres unimproved farmland, which excludes an acreage previously sold off of the east side of this farm. According to FSA information this farm has approximately 134.10 acres of cropland with an FSA 84.50 acre corn base with a 146 bu. PLC yield and a 49.5 acre soybean base with a 42 bu. PLC yield, with the non-tillable acres are comprised of combination of waterways, drainage, lowland pockets, areas nearby and adjacent to the RR ROW and roads. The general topography of this land is level to gently rolling. According to information obtained from Surety Agri-data Inc., this parcel has a Productivity Index of a 72.3; comparatively, Minnehaha County Assessor’s information indicates that this parcel has a soil rating of a .597; with both indicating that this is farm has some productive soils on the cropland acres. According to Minnehaha County Planning & Zoning this property has 3 remaining rural housing eligibilities – 2 to be assigned to Tr. 2A and 1 to be assigned to Tr. 2B. The 2022 RE taxes payable in 2023 on this land are $3,113.48. If you are interested in a parcel of land to ad to a row crop farming operation and/or investment property, then make plans to inspect this property and be in attendance at this auction.
TERMS ON ANY OR ALL PARCELS: Cash – A 10% non-refundable earnest money payment on the day of the sale and the balance on or before Dec. 1, 2023. Possession of the acreage site (Parcels 1A & 1B) at closing and possession of the farmland (Parcel 1C & Farm #2) following the harvest of the 2023 standing crops. Marketable Title will be conveyed with owner’s title insurance policies provided with the cost divided 50-50 between the buyer and seller, closing will be conducted by the Dell Rapids Law Firm with the closing fees to be paid by the sellers. All of the 2023 RE taxes payable in 2024 will be paid by the sellers. The acres being sold are based on the acres as determined by a survey as completed by Midwest Land Surveying, Inc., with the acres understood to be “more or less”. The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the buyer(s) pursuant to SD Law. FSA cropland, yields, bases & other information is estimated and not guaranteed and are subject to an FSA reconstitution and county committee approval. Information contained herein is deemed to be correct but is not guaranteed. This property is sold in “As Is Condition” 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 County Zoning Ordinances. The RE licensees in this transaction are acting as agents for the sellers. Sold subject to confirmation of the owners. This property has potential to fulfill the needs of a variety of buyers including those looking for a spectacular rural residential construction site or sites, extremely productive farmland located in Taopi Township which is a pre-eminent agricultural area of Minnehaha County SD, which would make a terrific addition to an area row crop farming operation and/or agricultural investment opportunity. To view aerial maps, soils data and other information concerning this property or to make arrangements for absentee bidding or other information contact the auctioneers.
HEIRS OF CLARICE WEISS, Owners
Dell Rapids Law Firm – Attorney & Closing Agent for the Sellers – 605-428-5444
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 or Flandreau, SD – ph. 605-997-3777
JARED SUTTON, CAI – Auctioneer & RE Broker Assoc. – Flandreau, SD – ph. 605-864-8527
WAYNE BESSMAN – RE & Pers. Property Auctioneer – Madison, SD – ph. 605-270-4980