Welter Estate – 108.91 Acres of Well Located Dayton Twp., Lincoln Co., SD Land with 2 Potential Rural Housing Sites
October 3 @ 10:00 am
LINCOLN COUNTY SD LAND AUCTION
108.91 Acres of “Well Located” Dayton Twp., Lincoln County SD Land Located between Sioux Falls and Harrisburg with the Potential for 2 Rural Housing Sites
This Auction presents an opportunity to purchase some very productive farmland which has an excellent location just East of Harrisburg SD and along SD Hwy 11 and C Rd 110 (273rd St.), and has the potential for 2 very well located rural housing sites as well as income producing crop land. Property to be sold “on-site” located from Harrisburg SD; go east on County Rd 110 for 2 miles to SD Hwy 11, then 1/4 mile south; or from Sioux Falls; from the Jct. of 57th St. and SD Hwy 11, go 5 & 1/4 miles south to sale site.
TUESDAY, OCTOBER 3RD, 2023 10:00AM
Property will be offered as Parcel 1: 37.29 acres w/ one rural eligibility; Parcel 2: 71.62 acres w/ one eligibility; or as a Whole Unit consisting of 108.91 Acres.
Parcel 1: This 37.29 acres of farmland has some very productive soils and is nearly all tillable and contains one Permitted rural housing eligibility with a newly installed driveway access off of SD Hwy 11. Primary soils are Wentworth-Chancellor silty clay loams, Chancellor-Viborg scl, Egan scl, Worthing scl, and Chancellor-Tetonka complex; which produce a Surety Agri-Data Productivity Index of 81.2 while the County states a higher .85 soil rating. The topography of the land is level to slightly rolling. 2022 RE Taxes are $1,113.14.
Legal Desc: S1/2E1/2 of Gov’t Lots 1&2 in NE1/4 except .21 acres Road and Lot H-2, Section 5, T99, R49 (Dayton Twp.), Lincoln County SD
Parcel 2: This 71.62 acres of farmland also is a productive land tract which is virtually all tillable and contains one Conditional-Use rural housing eligibility with a driveway access off County Rd 110 (273rd St.). Primary soils found here are Wentworth-Chancellor scl, Egan scl, Chancellor-Tetonka complex, Chancellor-Viborg scl, and Worthing scl which produce a Productivity Index of 83.5 with the County soil rating at .84. The topography is level to slightly rolling. 2022 RE Taxes are $2,125.92.
Legal Desc: W1/2 of Gov’t Lots 1&2 in NE1/4 except Tract 1 of Welter Addition, Section 5, T99, R49 (Dayton Twp.), Lincoln County, SD
Unit: 108.91 acres containing 2 rural housing eligibilities. FSA information states there are 108.2 Farmland acres with the same 108.20 Cropland acres which has a corn base of 52.90 acres with 150 bushel PLC Yield and 48.70 acre soybean base w/ 40bu. PLC Yield. There formally was a 5.70 acre CRP contract which has been terminated.
If you are in the market for high producing farmland in a well located area of the County; whether adding to an existing farm operation or an investor, or looking for a sizeable building location that affords income potential, be sure to inspect this offering and then attend the auction.
Terms: Cash. A 10% non-refundable earnest money payment day of sale with the balance due on or before November 16th, 2023 with full possession. A Clear deed and Owner’s Title Insurance policy provided with the cost of policy and closing agent’s fee (Lincoln County Title Co.) to be split 50/50 between the Buyer(s) and the Seller. Seller to pay all the 2022 and 2023 RE taxes, Property sold by the recorded acres at the courthouse and understood to be “more or less” and in “AS IS” condition subject to any existing easements, restrictions, reservations of Highways of record, if any. The FSA bases, yields and payments and other information are estimated and are not guaranteed and are subject to County Committee approval. The Licensees/Auctioneers in this transaction are acting solely as Agents for the Seller with the property sold subject to confirmation of the Co-Executors.
VERONA E. WELTER ESTATE, OWNER – Jim Welter and Mary Hulbert. Co-Executors
Tom Souvignier, RE Auctioneer & Broker Assoc., Canton SD (605) 987-2404
Ted Souvignier, RE Auctioneer & Broker Assoc., Canton SD (605) 660-3962
Chuck Sutton, Auctioneer & Land Broker, Sioux Falls SD (605) 336-6315
Jared Sutton, CAI, RE Auctioneer & Broker Assoc., Flandreau SD (605) 864-8527