Auction Items For Sale
ESTATE LAND AUCTION
141 Acres of Well Located Productive High Percentage Tillable, Buffalo Township, Minnehaha County, SD Land
On behalf of the Heirs of Donald Johnson, we will offer the following real property at auction at the Land – located from Buffalo Trading Post on Hwy. #19 – 1 mile south to the SE Corner of the land at the Jct. of 249th St. & Hwy. #19 (457th Ave.); from Humboldt, SD – 9 miles north on Hwy. #19 to 249th St. – the SE Corner of the land; from Colton, SD – 7 miles west on 248th St. to Buffalo Trading Post & 1 mile south; from Madison, SD – 1½ miles east on Hwy. #34 to the Hwy. #19 Jct., then approx. 15.5 miles south on Hwy. #19 to 249th St.
THURSDAY NOVEMBER 19, 2020 Sale Time: 10:00 AM
This auction presents the opportunity to purchase a productive parcel of very well located Minnehaha County, SD farmland with a high percentage tillable and is bordered on the east by SD Hwy. #19. If you are in the market for land as an addition to an existing row crop operation or as an investment, then make plans to inspect this property prior to the auction and be sure to be in attendance at this auction. This property consists of a surveyed parcel of land containing +/-141 acres of productive Minnehaha County, SD land which has a high percentage tillable. According to FSA information this +/-141 acre farm has approx. 134.52 acres of cropland with an estimated projected 99.32 acre corn base with a 120 bu. PLC yield and a 33.81 acre soybean base with a 33 bu. PLC yield. The small percentage of non-tillable land on this farm consists of a small +/-2.36 area in the NW corner of the farm and a +/-3.03 acre area w/trees and adjacent nontillable acreage in the SE corner of the farm, as well as some lowland pockets & drainageways and roadways. The general topography of this land is gently rolling to rolling. According to information obtained from Surety Agri Data Inc. this land has a soil productivity index of 72.4. According to M’haha. County Planning and Zoning this parcel of land has 3 rural housing eligibilities. This property has been well farmed and would serve as an excellent addition to a row crop farming operation or investment.
LEGAL DESC.: The SE¼, exc. Tr. 1 of Johnson’s Addition, in Sec. 28, T. 104N., R. 52W., (Buffalo Twp.), Minnehaha Co., SD, containing 141 acres M/L in accordance with the survey thereof.
TERMS: Cash - A 10% nonrefundable downpayment on the day of the sale and the balance on or before January 15, 2021, with possession for the 2021 crop year. Marketable Title will be conveyed and an Owner’s Title Insurance Policy will be provided with the cost of the owner’s policies divided 50-50 between the buyer & seller. Jay Leibel, Attorney at Law, or his designee will act as the closing agent for this transaction, with the legal or closing agent’s fees to be paid by the sellers. All of the 2020 RE Taxes payable in 2021 will be paid by the sellers. This land is sold based on the acres as determined by a recent survey completed by Midwest Land Surveying, Inc., with all of the survey costs paid by the seller, with the acres sold being understood to be “more or less”. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA cropland acres, yields, bases, payments and other information is estimated and not guaranteed and are subject to County Committee approval. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable M’haha. Co. Zoning Ordinances. Information contained herein is deemed to be correct but is not guaranteed. The RE licensees in this transaction stipulate that they are acting as agents for the owners. Sold subject to confirmation of the personal representatives/owners. To view surveys, aerial photos, soils or other information see www.suttonauction.com or contact the auctioneers.
HEIRS OF DONALD D. JOHNSON
Curtis Johnson, Gary Johnson, Michael Johnson & Sherryl Johnson Ehren, Owners
Jay Leibel – Leibel Law Firm, Prof. LLC - Attorney for the Sellers & Closing Agent
– Madison, SD – ph. 605-427-1805
CHUCK SUTTON - Auctioneer & Land Broker - Sioux Falls, SD - ph. 605-336-6315 & Flandreau, SD - ph. 605-997-3777;
WAYNE BESSMAN - RE & Personal Property Auctioneer - Madison, SD - ph. 605-256-4980 &
JARED SUTTON – Auctioneer & RE Broker Assoc. – Flandreau, SD – ph. 605-864-8527