Auction Date:
November 15, 2024 | 10:00 amAuction Location / Nearest City:
Humboldt, SD, USAFeatured items:
- FARM #1: +/-481.57 Acres
- FARM #2: +/- 80.25 Acres
- FARM #3: +/-155.93 Acres
- Cropland, Pasture & Hunting & Wildlife Habitat & Contiguous Combinations
- +/- 7.50 Acre Acreage Construction Site
- All of These Farms are Located Near Humboldt, SD
view full listing info & Photos
Auction Description:
Horner – +/-717.75 Surveyed Acres of Humboldt & Clear Lake Twp., Minnehaha Co., SD Land
Date/Time: November 15 @ 10:00 am
Auction Location: On Site at FARM #1 – Located from the Northeast Corner of Humboldt, SD (Jct. Hwy’s. # 19 & #38) – Approx. 1 mile north on Hwy. #19 and 2 miles east on 257th St. to the SE Corner of FARM #1 at the Jct. of 257th St. & 459th Ave.
Auction Brochure: https://www.suttonauction.com/wp-content/uploads/2024/10/Horner-Land-Auction-Brochure-2024.pdf
LAND AUCTION
Extraordinary Offering of +/- 717.75 Surveyed Acres of Humboldt & Clear Lake Township, Minnehaha County, SD Land – Including a Diverse Offering of Parcels – Including Parcels with High Percentages of Productive Cropland, Rural Acreage Construction Sites and 1 Parcel with Excellent Hunting & Wildlife Habitat – All of These Farms are Located Near Humboldt, SD and Within Approximately 20 Miles of Sioux Falls, SD
We will offer ALL the Following Parcels of Land at public auction with the auction of all farms to be held On Site at FARM #1 – Located from the Northeast Corner of Humboldt, SD (Jct. Hwy’s. # 19 & #38) – Approx. 1 mile north on Hwy. #19 and 2 miles east on 257th St. to the SE Corner of FARM #1 at the Jct. of 257th St. & 459th Ave.
AUCTIONEER’S NOTE: ATTENTION – Row Crop Operators, Crop-Livestock Operators, Acreage Buyers Seeking Sites for New Home Construction, as well as Investors & Others in the Market for Minnehaha County, SD Land! Auctions of this magnitude are “Rare” in Eastern South Dakota and in the locale of this land in Minnehaha County, SD – With All of this Land Located within a Fairly Close Proximity to One Another and in a Prominent Agricultural Area, where land is tightly held in an area where land is not available on the open market with much frequency. The land will be offered in multiple parcels – some with very high percentages tillable, one that will be primarily pasture & Hunting/Recreational Land and another Located South and Adjacent to I-90 Southwest of Humboldt, SD with a mixture an Acreage Site with Remnants of a Farmstead and a Mixture of Cropland/Pasture. This land will be offered as individual farms and in specific combinations of parcels, in a manner to allow both large and small operators to participate in this auction – with the largest combination being +/- 481.57 Acres. This land has been long held by the Horner Family for many decades, thus this auction presents a “Once in a Lifetime Opportunity” to Purchase this Land.
THE BUYERS OF THIS LAND WILL RECEIVE FULL POSSESSION OF THIS LAND TO FARM & PASTURE IN 2025. ALL PARCELS BEING SOLD ARE BEING SOLD SUBJECT TO SURVEY, WITH THE ACTUAL ACRES BEING SOLD TO BE ADJUSTED IN ACCORDANCE WITH THE SURVEYED ACRES.
This Land will be Offered Individually as FARM #1 – TRACT #1A – +/- 7.50 Acre Acreage with a Tear Down Home – Excellent Site for Construction of a New Rural Home; TRACT 1B – +/-153.19 Acres of High Percentage Tillable Cropland; TRACT 1C – +/-201.49 Acres of High Percentage Tillable Cropland; TRACT 1D – +/- 119.39 Acres of Cropland, Pasture & Hunting & Wildlife Habitat & Contiguous Combinations – As 1A & 1B – +/-160.69 Acres; 1B & 1C – +/-354.68 Acres; 1A, 1B & 1C – +/-362.18 Acres; 1C & 1D – +/-320.88 Acres; 1B, 1C & 1D – +/-474.07 Acres; or as 1A, 1B, 1C & 1D – The +/-481.57 Acre Combined Unit – With the Largest Combination Being Farm #1 in It’s Entirety – A +/-481.57 Acre Combination.
FARM #1: +/- 481.57 Acres – LEGAL DESC.: The SE¼ and theN ½ of Sec. 2, T. 102N., R. 52W., Humboldt Twp., Minnehaha Co., SD. – TO BE OFFERED AS – Tr. #1A – The +/-7.50 Acre Acreage Construction Site; Tr. #1B – The SE 1/4 , Except the Acreage Site – +/-153.49 Acres – Being Mostly Cropland; Tr. #1C – +/- 201.49 Acres of Primarily Cropland – For the Most Part Being in the NE ¼ & E ½ NW ¼; TR. #1D – +/- +/-119.39 Acres – Being a Mixture of Cropland, Pasture & Wildlife Habitat – Primarily in the W ½ NW ¼ and a Portion of the E ½ NW ¼; and as combinations of Contiguous Tracts.
All of the Cropland and Pasture Acres on FARM #1 are available to the buyer to utilize for the 2025 crop and pasture season. The Improvements on the Acreage/Farmstead (Parcel #1A) consist of a small one story home that is essentially in “Tear Down” condition, although the property would be a nice location for re-establishment of a rural acreage as a site for construction of a new home, as the site has existing utilities, mature trees and other site improvements. The property is serviced by Minnehaha Community Rural Water and Sioux Valley Energy Rural Electric. Currently all of the Horner land in Section Sec. 2 is operated as on FSA operating Unit as Tract 1773 of Farm #1110, which together FSA indicates consists of approximately 469.28 acres of Farmland, with 388.95 acres of Cropland with a 221.80 acre corn base with a 159 bu. PLC yield and a 139.60 acre soybean base with a 43 bu. PLC yield. By reference to the FSA aerial photo of FARM #1 – it appears that Tr. 1B (SE ¼- FSA Field #3) has approx. 152.76 acres of cropland; Tr. 1C (FSA Field #2 in the N ½) has approx. 192.05 acres of cropland; and Tr. 1C (FSA Fields #1 & #5) has approx. 44.14 acres of cropland in FSA Field #1 and 72.61 acres of pasture/non-tillable acres in FSA Field #5. The cropland acres have a topography which is generally gently rolling to rolling; the pasture and non-tillable acres are comprised of grassland pasture and acres of water, lowland,wildlife habitat and roads. The pastureland acres has established grass with a rolling to somewhat hilly terrain, a well as some lowland and acres of water. According to the Minnehaha County Assessor the SE ¼ has a County soil rating of .684, the NE ¼ has a soil rating of a .627 and the NW ¼ has a soil rating of .519; comparatively Surety Agri-Data indicates the SE ¼ (Tracts #1A & #1B) has weighted soil rating of a 75.4; the portion of the NE ¼ and the portion of E½ NW¼ included in Tract #1C has a soil rating of 74.9 and the portion of the NW ¼ & W ½ NE ¼ included in Tract #1D has a soil rating of 51. There is a Natural Gas Site on the south side of the property and there is a natural underground pipeline running diagonally through Farm #1. According to the previous tenant, there is some existing drain tile in areas of the property, including some older clay tile and some later tile that was installed by T. J. Kaffar Tiling. According to Minnehaha County Planning & Zoning TRACTS #1A & #1B in the SE¼ has a total of 12 Rural Housing Eligibilities – 1 locked to the existing acreage on Tract #1A and 11 others on Tract #1B, with NO remaining Housing Eligibilities on Tracts #1C or 1D in the N ½ of Sec. 2 -as all of the eligibilities from these Tracts were transferred by the owner in 2016. The 2023 RE taxes payable in 2024 on the SE¼ (Tracts #1A & #1B are $4,435.14 and on the NE¼ are $2,848.26 and on the NW ¼ are $1,710.50.
FARM #2: +/- 80.25 Acres – LEGAL DESC.: The S ½ NW¼ of Sec. 36, T. 103N., R. 52W. Clear Lake . Twp., Minnehaha Co., SD. LOCATED – From FARM #1 Jct. of 459th Ave. & 256th St. – ½ mile north; from Humboldt, SD – (Jct. Hwy’s. #19 & #38) – Approx. 1 mile north on Hwy. #19 and 2 miles east on 257th St. to the SE Corner of FARM #1 at the Jct. of 257th St. & 459th Ave; then 1½ miles north on 459th Ave. to the SW Corner of FARM #2.
Farm #2 will be offered as an individual parcel and will not be included with any combinations. This is a choice parcel of land that is practically 100% tillable. The general topography of this land is gently rolling to rolling. According to FSA information this farm is designated as Tract 1775 of Farm #1111 and is indicated to have approx. 78.40 acres of cropland with a 28.20 acre corn base with a 149 bu. PLC yield and a 28.20 acre soybean base with a 41 bu. PLC yield. According to the Minnehaha County Assessor this farm has a County soil rating of .634; comparatively Surety Agri-Data indicates this parcel of land has a weighted soil rating of a 73.1. According to Minnehaha County Planning & Zoning FARM #1 has a total of 2 Rural Housing Eligibilities – with 1 available & 1 by conditional use. The 2023 RE taxes payable in 2024 on this farm are $1,365.56.
FARM #3: +/-155.93 Acres – LEGAL DESC.: The SE¼, Exc. Lot H-2, Sec. 8, T. 102N., R. 52W., Humboldt Twp., Minnehaha Co., SD. – TO BE OFFERED AS – Tr. #3A – +/-6.47 Acre Acreage Site with Remnants of a Farmstead & Trees; Tract 3B – +/-149.46- Acres of Cropland and Pasture or as Tracts #3A & #3B Combined the +/-155.93 Acre Unit. LOCATED – From the Humboldt, SD Exit #_379 on I-90 – Approx. 1/8 mile south on Hwy. #19 (456th Ave.) and ½ mile west on 258th St. to the SE Corner of the Land (The SW Corner of the Land is at the Jct. of 455th Ave. & 258th St.).
This +/-155.93 Acre Farm will be offered as two individual parcels or as a combined unit, with Tr. #3A consisting of a +/-6.47 Acre Former Farmstead with a gravel driveway & existing trees, along with some remnants of the former farmstead; Tr. #3B – +/-149.46 Acres of Cropland & Pasture; or as Tracts #3A & #3B – The +/-155.93 Acre Unit. According to FSA information Farm #3 is identified as Tr. #1774 of Farm #1111 and as such is indicated to contain approx. 150.78 acres of Farmland with approx. 142.52 acres of cropland which appears to be overstated, as presently it appears that only a 79.61 acre field, an 11.18 acre field and a 1.86 acre field – for a total of 92.65 acres being currently under cultivation; with a 47.70 acre corn base with a 149 bu. PLC yield and a 47.70 acre soybean base with a 41 bu. PLC yield; with the non-tillable acres comprised of the farmstead, pasture, dugout and roads. According to the Minnehaha County Assessor this farm in its entirety has a County soil rating of .456; comparatively Surety Agri-Data indicates this parcel of land has a weighted soil rating of a 53.1. The general topography of this land is gently rolling to hilly. According to Minnehaha County Planning & Zoning this parcel as a whole has a total of 4 rural housing eligibilities with 1 locked to the existing acreage site & 3 additional available, thus if sold in multiple parcels 1 eligibility will remain assigned to the existing acreage site (Tr. #3A) with the remaining eligibilities to be assigned to the remainder (Tr. #3B) in accordance with and as currently assigned by M’haha. Co. Planning & Zoning. The 2023 RE taxes payable in 2024 on Farm #3 as a whole were $1,468.48.
TERMS: Cash – A 10% non-refundable earnest money payment on sale day and the balance on or before Dec. 30, 2024, with full possession for the 2025 crop year, subject to the rights of the existing tenants and their leases which expire on March 1, 2025. Marketable Title will be conveyed and owner’s title insurance policies will be provided with the cost divided 50-50 between the buyer and seller, additionally a title company closing fee), if any, will be divided 50-50 between the buyer and seller. All of the 2023 RE taxes payable in 2024, as well as all of the 2024 RE taxes payable in 2025 will be paid by the Trust/Estate. The total acres being sold are being sold in accordance with a survey as completed by Midwest Land Surveying, Inc., with the acres understood to be “more or less”. All survey costs will be paid by the Trust/Estate. The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the purchaser(s) 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 Minnehaha County Zoning Ordinances. The RE licensees in this transaction are acting as agents for the seller. Sold subject to confirmation of the Trustees.To make arrangements for absentee bidding or other information contact the auctioneers.
THE TRUST & ESTATE OF RAY G. HORNER, Owner – James Horner & John Horner – Co-Trustees
SUTTON AUCTIONEERS & LAND BROKERS LLC – Sioux Falls, SD – CHUCK SUTTON – Auctioneer & Land Broker – ph. 605-336-6315 & JARED SUTTON, CAI – Auctioneer & RE Broker Assoc. – cell ph. 605-864-8527;TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626 and TOM & TED SOUVIGNIER – RE Auctioneers & Broker Associates – Canton, SD – 605-987-2404
Humboldt, SD, USA
Humboldt, SD
Auction Location / Nearest City:
Humboldt, SD, USALISTING COMPANY
1116 N. West Ave
Sioux Falls, SD, 57104