Mikuska Trust- +/-392.24 Surveyed Acres of Fair Twp., Hutchinson County, SD Land

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Auction Description:

Mikuska Trust- +/-392.24 Surveyed Acres of Fair Twp., Hutchinson County, SD Land
Date/Time: January 24, 2025 @ 10:30 am
Location: On-Site
Auction Brochure: https://www.suttonauction.com/wp-content/uploads/2024/12/MIKUKSA-HUTCHINSON-CO-SD-LAND-AUCTION-BROCHURE.pdf

LARGE HUTCHINSON COUNTY, SD LAND AUCTION

+/-392.24 Surveyed Acres of Fair Twp., Hutchinson County, SD Land with a Mixture of Highly Productive Cropland, Pasture, & Hayland all situated Near Tripp & Kaylor, 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., Ave to the SW Corner of the Farm #1. From the South Side of Kaylor, SD (Jct. of 418th Ave & 290th St.) – 4 ½ Miles W. on 290th St.

ATTENTION – Row Crop Operators, Crop-Livestock Operators as well as Investors & Others in the Market for Hutchinson Co., SD Land! This auction awards the opportunity to purchase 3 parcels of Fair Twp., Hutchinson County, SD – With All of this Land Located in 2 Sections 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. This Land will be Offered as Individual Farms with the only combinations being offered on Farm #1. All of these parcels will be available to farm or lease for the 2025 crop year! Additionally, a positive note is that none of these parcels are subject to any US fish & Wildlife Easements. This land has been long held by the Mikuska Family since the early 1900’s, thus this auction presents a “Once in a Lifetime Opportunity” to Purchase this Land!

FARM #1: (Sale Site) – +/-352.72 Acres – Acres Adjusted in Accordance with a Survey Completed by Thomas Week – Registered Land Surveyor – To be offered as Tract #1A – The North +/-196.79 Acres, Tract #1B – The South +/-155.92 Acres, or Farm #1 as a Unit – +/-352.72 Acres – LEGAL DESC.: (Tr. #1A) The NW ¼ Less Ziegler Tract 1 & the W. ½ of the NE ¼ Sec. 27, T. 97N., R. 60W., Fair Twp., Hutchinson County, SD, (Tr. #1B) the SW ¼ of Sec. 27, T. 97N., R. 60W., Fair Twp., Hutchinson County, SD

According to FSA information Farm #1 as a whole contains approximately 255.66 acres of cropland and is identified as tracts #42575 & #1277. Tract #1A (#42575) contains approximately +/-151.25 acres of cropland with a 61.47 acre corn base with a 117 Bu. PLC yield, a 55.76 acre soybean base with a 38 Bu. PLC yield, & a 9.26 acre wheat base with a 48 Bu. PLC yield. Tract #1B (1277) contains approximately +/-104.41 acres of cropland with a 42.43 acre corn base with a 117 Bu. PLC yield, a 38.48 acre soybean base with a 38 Bu. PLC yield, & a 6.39 acre soybean base with a 48 Bu. PLC yield. The non-tillable acres on Tracts #1A & #1B consists of pasture & hayland, some of these acres may have the potential to be converted into row crop production. County assessors information indicates that this parcel consists of soil ratings of a .752 on the NW ¼ Less Ziegler Tr. 1, a .750 on the W. ½ NE ¼. Information obtained from Surety Agridata Inc. indicates that Tr. #1A has a weighted average productivity index of a 72.9. Tract #1B (The SW ¼) is indicated to have a county soil rating of a .694, & a weighted average productivity index of a 65.3 comprised of primarily class II & III soils. Farm #1 in its entirety has a weighted average productivity index of a 69.5. The 2023 RE taxes payable in 2024 on this land were $3,747.58 on Tr. #1A and $2,434.54 on Tr. #1B.

FARM #2: +/-39.52 Acres – Acres adjusted in Accordance with Survey – Located Directly NW of Tr. #1A at the Intersection of 289th St. & 413th Ave – LEGAL DESC.: The SE ¼ of the SE ¼ of Sec. 21, T. 97N., R. 60W., Fair Twp., Hutchinson County, SD

Farm #2 consists of a virtually all tillable parcel of land with a level to gently rolling topography and good eye appeal. FSA information indicates this parcel contains approximately +/-37.93 acres of cropland with a 15.41 acre corn base with a 117 Bu. PLC yield, a 13.98 acre soybean base with a 38 Bu. PLC yield, and a 2.23 acre wheat base with a 48 Bu. PLC yield. County assessors information indicates that this parcel consists of an overall soil rating of a .764. Comparatively, information obtained from Surety Agridata Inc. indicates that this parcel has a weighted average productivity index of a 75.9 & is comprised of a large percentage class II soils. The 2023 RE taxes payable in 2024 on this land were $758.84.

TERMS: Cash – A 10% nonrefundable downpayment on the day of the sale with the balance on or before March 20, 2025. Marketable Title will be conveyed and an owner’s title insurance policy will be provided with the cost of the owner’s policy and the closing agent’s fee to be divided 50-50 between the buyer(s) and sellers. All of the 2024 RE taxes payable in 2025 will be paid by the trust. The total acres being sold are being sold in accordance with a survey as completed by Thomas Week – Registered Land Surveyor, with the acres understood to be “more or less”. All survey costs will be paid by the sellers. 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 County Zoning Ordinances. The RE licensees in this transaction are acting as agents for the seller. Sold subject to confirmation of the Trustees.

This is multifaceted offering of land that is inclusive of productive cropland and pasture situated in an excellent agricultural area of Hutchinson County, SD and in an area where land is tightly held and rarely comes up for sale, as evidenced by the long tenure of ownership of this land by the Mikuska family. These parcels of land are well suited to serve as an addition to an area row crop farming operation, crop/livestock operation, or as an investment property. To view surveys, aerial maps, soils data and other information concerning this property see www.suttonauction.com or to make arrangements for absentee bidding or other information contact the auctioneers.

MELVIN O. & BELVA J. MIKUSKA REVOCABLE FAMILY TRUST

Donald S. Mikuska & Barbara J. (Mikuska) Schmidtgall – Co-Trustees

James D. Taylor – Attorney for the Trust

Closing Agent – The Title Company – Mitchell, SD

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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