Magera – +/-80 Acres of Highly Productive Fair Twp., Hutchinson County, SD Farmland

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Auction Description:

Magera – +/-80 Acres of Highly Productive Fair Twp., Hutchinson County, SD Farmland
Date/Time: December 12 @ 10:30 am
Location: On Site
Auction Brochure: https://www.suttonauction.com/wp-content/uploads/2024/11/MAGERA-FAIR-TWP-BROCHURE-with-SURVEY.pdf

LAND AUCTION

+/-80.04 Acres of Highly Productive Fair Twp., Hutchinson County, SD Farmland with an Extremely High Percentage Tillable near Tripp, SD!

We will offer the Following Land at Public Auction Onsite at the Land – Located from the South Side of Tripp, SD – 2 ½ Miles South on Hwy. #37, 2 Miles East on 290th St., & ¼ Mile North on 413th Ave to the SE Corner of the Land

The property being offered consists of +/-80.04 Surveyed Acres of Highly Productive Farmland with an extremely high percentage tillable in the tightly held area of Fair Twp., Hutchinson County, SD. According to FSA information this farm is virtually all tillable and consists of approximately 79.05 acres of cropland with a 29.64 acre corn base with a 142 Bu. PLC yield, a 29.64 acre soybean base with a 44 Bu. PLC yield, & a 19.76 acre wheat base with a 60 Bu. PLC yield. This parcel is an inside tract with very little waste, bordered by roadway on the east side of the property. This parcel has been operated in conjunction with other adjoining land & may be subject to FSA reconstitution. According to county assessors information this parcel has an overall soil rating of a .806. Comparatively, information obtained from Surety-Agridata Inc. indicates that this land has a weighted average productivity index of a 79.9 and is comprised of over 75% of class II soils. This land has been long held by the Magera Family & ownership dates back to 1919 having been in their family for over 100 years making this a truly once in a lifetime opportunity to purchase this land. Additionally, this land is located in an area where land does not often come available on the open market. The boundaries & acres of this property have been determined by a Survey Completed by completed by Thomas Week, registered land surveyor. The 2023 RE taxes payable in 2024 on this land were $1,651.30. If you are in the market for a productive parcel of land to add to an existing farming operation or investment, make plans to inspect this property & be in attendance at this auction!

LEGAL DESC.: The N. ½ of the SE ¼ of Sec. 28., T. 97N., R. 60W., (Fair Township), Hutchinson County, SD

TERMS: A 10% nonrefundable earnest money payment on the day of the sale with the balance on or before January 24, 2025 with full possession for the 2025 crop year. Marketable Title will be conveyed and owner’s title insurance provided with the cost the owners policy divided 50-50 between the buyer and seller and the closing agent’s fee to be paid by the sellers. Closing to be conducted through Roth Law Office – Olivet & Freeman, SD. All of the 2024 RE taxes payable in 2025 will be paid by the sellers. This property will be sold based on Surveyed Acres, as determined by Thomas Week, registered land surveyor, with acres understood to be more or less. 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 Co. Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the sellers. Sold subject to confirmation of the owners.

HEIRS OF HATTIE M. MAGERA, Owners

Glenn Roth – Roth Law Office – Sellers Attorney & Closing Agent

605-387-5530 (Olivet), 605-925-7681 (Freeman)

AUCTION CONDUCTED BY: SUTTON AUCTIONEERS & LAND BROKERS, LLC

CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – Ph. 605-336-6315

JARED SUTTON CAI – Auctioneer & RE Broker Associate – Flandreau, SD – Ph. 605-864-8527

TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626
& DAN UTHE – RE Broker Associate – Sioux Falls, SD – Ph. 605-351-2230

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