80.65 +/- Acre Deuel Co., SD Land Auction

June 12, 2024 10:00 am

Blom Twp., Deuel Co., SD

Directions

From the Toronto-Estelline Exit #150 on I-29 – 5 miles east on SD Hwy. #28/194th St., then 2 miles north on 477th Ave; from Toronto, SD – 1 mile west on Hwy. #28 and 2 miles north on 477th Ave. to the NE Corner of the land at the Jct. of 192nd St. & 477th Ave.; or from Clear Lake, SD – 11 miles southeast (Note Directions from Clear Lake may require a detour due to Hwy. #15 construction.)

Sold for $12,650 Per Acre or $1,020,222.50

Auctioneer Notes

+/-80.65 Surveyed Acres of Choice & Virtually All Tillable Blom Twp., Deuel County, SD Land w/ 100% Class I & II Soils!! This Land is Situated NW of Toronto, SD in a Prominent Agricultural Area in Deuel County, SD!

Overview

This property consists of an extremely Choice & Virtually 100% Tillable Parcel of Land with Productive Soils and Excellent Eye Appeal – Situated in a Highly Regarded Agricultural Area of Deuel County, SD. According to a recent survey of the property, this farm consists of a total of +/-80.65 acres. According to FSA information this property has approximately 77.18 acres of cropland, with an FSA 40.60 acre corn base with a 141 bu. PLC yield, a 22.80 acre soybean base with a 32 bu. PLC yield and an 8.90 acre wheat base with a 29 bu. PLC yield. According to information obtained from the Deuel County Assessor this land has a very respectable overall soil rating of .910, comparatively info. obtained from Surety Agri Data, Inc. indicates this land has a soil productivity rating of 86.3 with 100% indicated to be Class I and II soils with the primary soil types consisting of Kranzburg-Brookings Silty Clay Loams & Mckranz-Badger & McIntosh-Lamoure Silty Clay Loams. This land has excellent eye appeal with a level to very gently rolling topography. This parcel would make an excellent addition to an area Row-Crop Farming Operation or Investment! THIS PROPERTY WILL BE SOLD SUBJECT TO AN EXISTING CASH FARM LEASE FOR 2024 – WITH THE PURCHASER TO RECEIVE LANDLORD’S POSSESSION FOR THE 2024 CROP YEAR – WITH THE PURCHASER TO RECEIVE A RENTAL CREDIT FROM THE SELLER OF $300.00 PER ACRE ON +/-80 ACRES FOR A ROUNDED TOTAL RENT CREDIT OF $24,000.00 AT CLOSING.

Description

The E½ of the NE¼ of Sec. 14, T. 113 N., R. 49 W., (Blom Twp.), Deuel County, SD

Terms

A 15% nonrefundable downpayment on the day of the sale, with Landlord’s Possession for the 2024 crop year, and the balance on or before Aug. 1, 2024. Marketable Title will be conveyed and an owner’s title insurance policy will be provided with the cost of the owner’s policy & a title company closing fee, to be divided 50-50 between the buyer and seller. All of the 2023 RE taxes payable in 2024 in the amount of $1,518.20 will be paid by the seller, with the buyer to be responsible for all of the 2024 RE taxes payable in 2025. The total acres being sold are based on the acres determined by a Survey Completed by Midwest Land Surveying, Inc., with acres understood to be – more or less. The seller does not warranty or guarantee that existing fences lie 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 contained 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 Deuel County Zoning Ordinances. The RE licensees in this transaction are acting as agents for the agent for the seller. Sold subject to confirmation of the Owner.

Owner

KAY SEVERSON

Additional Information

Chuck & Jared Sutton – Auctioneers & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777 Burlage Peterson Auctioneers & Realtors, LLC Land Brokers – Auctioneers – Realtors – Farm Managers Office@burlagepeterson.com or 605-692-7102