80 +/- Acre Land Auction, Spring Creek Twp., Moody Co., SD
Overview
This auction presents a great opportunity to purchase and inside +/- 80.7 acre parcel of land which runs east and west. This Choice Farm has an extremely high percentage tillable, high quality soils and is an inside +/-80.7 acre parcel of land bordered west only by roadway (483rd Ave.). This property previously has been a part of a larger +/-160 acre parcel and will be subject to an FSA reconstitution, although based on preliminary FSA calculations it appears that this parcel of land will be estimated to contain approx. 79.75 acres of cropland with a projected 58.5 acre corn base with a 145 PLC yield and a 19.5 acre soybean base with a 41 bu. PLC yield and has been enrolled under the County ARC election of the USDA Farm Program. According to information obtained the Moody County Assessor this parcel of land has an overall soil rating of .851; similarly info. obtained from Surety Agri-Data Inc. indicates that this land has a weighted soil rating of 87.9 - the soils being comprised of highly productive Class I & II Kranzburg and Trent Soils. The general topography of this land is level to gently rolling. The total 2019 RE taxes payable in 2020 on this land were $2,564.42. This is a very high caliber parcel of land that would serve as an excellent addition to a row crop operation and/or investment property, so be sure to inspect this property and make plans to be in attendance at this auction.
Description
The N½ SW¼ of Sec. 36, T. 108N., R. 48W., (Spring Creek Twp.), Moody County, SD
Terms
Cash - A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before January 8, 2021, with full possession for the 2021 crop year. Marketable Title will be conveyed and an Owner’s Title Insurance Policy will be provided with the cost divided 50-50 between the buyer & seller. This land will be sold in accordance to a recent survey as completed by Midwest Land Surveying, Inc., with a Certificate of Survey provided and the surveyed acres are understood to be “more or less”. All of the 2019 RE taxes payable in 2020, as well as all of the 2020 RE taxes payable in 2021 will be paid by the owner. The seller does not warranty or guarantee that existing fences lie on the true & correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA yields, bases, payments or other info. is estimated and subject to County Committee approval. 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, and subject to Moody Co. Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Sold subject to confirmation of the Owner.
Owner
Additional Information
CHUCK SUTTON - Auctioneer & Land Broker
Sioux Falls, SD - ph. 605-336-6315 & Flandreau, SD - ph. 605-997-3777,
JARED SUTTON - Auctioneer & RE Broker Associate - Flandreau, SD - ph. 605-864-8527
& BURLAGE-PETERSON – Auctioneers & Realtors – Brookings, SD – ph. 605-692-7102