ESTATE LAND AUCTION

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Auction Description:

ESTATE LAND AUCTION
DATE/TIME: TUESDAY, NOVEMBER 19TH, 2024 @ 10:00AM
LOCATION: Property is located at the SE corner of intersection of 472nd Ave. (Louise Ave. / C Rd #117) and 274th St. and will be sold “on site”.

Offering +-154.40 Acres of Extremely ”Well Located” LaValley Twp., Lincoln County SD Farmland
Located Just 4 Miles South of 85th St. on Louise Ave., Sioux Falls & Just 2 Miles West of Harrisburg SD. This offering presents an opportunity to purchase some very productive cropland lying in and around the southern portion of Sioux Falls which is adjacent to Louise Ave. (C Rd 117) and near Bakker Crossing and the southern growth pattern of Sioux Falls. Property is located at the SE corner of intersection of 472nd Ave. (Louise Ave. / C Rd #117) and 274th St. and will be sold “on site”. Watch for signs.

This is a very productive farmland parcel lying with a very high percentage of tillable cropland acres. According to Surety Agri Data mapping, the primary soil found is Wentworth-Chancellor silty clay loam, Class Iw soil w/ 0-2% slope; followed by Egan silty clay loam, Class IIe soil w/ 3-6% slope; Chancellor-Tetonka complex, Class IIw soil w/ 0-2% slope; Chancellor-Viborg silty clay loam, Class IIw and Worthing silty clay loam, Class Vw soil w. 0-1% slope, which indicates a 85.1 Productivity Index while similar information from the County Assessor states a .83 soil rating. FSA information states there are 151.50 acres of Farmland with 151.50 acres of cropland containing a 120.80-acre corn base with 146 bu. PLC yield and a soybean base of 30.70 acres w/ 35 bu. PLC yield. This land is virtually all tillable and available for the 2025 crop year with the current lease expiring February 28th, 2025. According to County P&Z this property has 3 remaining rural housing eligibilities with rural water lines located along both roads. Contact Lincoln Rural Water, Harrisburg SD @ 605-767-2966 for service availability. The 2023 RE taxes were $4,730.44. This would make for a great addition to any existing farming operation as well as an income investment property not to mention future developmental possibilities because of the prime location in Northern Lincoln County with access to southern Sioux Falls, Harrisburg and I-29 corridor. If you are in the market for a well located and productive tract of land with great future potential, be sure to inspect this offering and then attend this auction. To view aerial maps and brochure, visit www.souvignierauctions.com or contact the Auctioneers for further inquiries.

Legal Desc: Northwest 1/4 except Lot 1 and 2 of Jorgenson’s Subdivision Tract A, Section 9N, Township 99W, Range 50 (LaValley Twp.), Lincoln County, South Dakota.

Terms: A 10% non-refundable earnest money payment day of sale with the balance due on or before January 14th, 2025 with full possession subject to the lease. A clear deed and Owner’s Title Insurance Policy provided with the cost of the policy and the closing agent’s fee (Lincoln County Title) to be split 50/50 between the Buyer(s) and the Seller. Seller to pay all the 2024 RE Taxes due in 2025. Property is being 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 or 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 Trustee.

VICTORIA ”CLERCX” HOWE TRUST Dennis Howe, Trustee

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, RE AUCTIONEER & BROKER ASSOC.,
FLANDREAU SD (605) 864-8527

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