Siemonsma – Steel 50’x100′ Quonset Stg. Building near Lake Madison, SD & High Quality Personal Property!

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Auction Description:

Siemonsma – Steel 50’x100′ Quonset Stg. Building near Lake Madison, SD & High Quality Personal Property!
Date/Time: July 6 @ 10:00 AM

REAL ESTATE & PERSONAL PROPERTY AUCTION

Steel 50’x100’ Quonset Storage Building w/Concrete Floor Throughout, Electricity & Rural Water on a +/-1.67 Acre Lot with a Rural Housing Eligibility Located Within 1 Mile of Lake Madison & Within 2 Miles of Various Lake Madison Housing Developments & Personal Property Including with Many Extremely Clean Quality Items Including a One Owner 2002 Holiday Rambler Endeavor 38’ Motorhome w/3 Slides & Only 47,860 Miles, a 2004 GMC Sierra SLE 2 Wheel Drive Extended Cab Pickup w/111,250 Miles, a Like New 2020 Cub Cadet ZTX6 Zero Turn Riding Mower w/60” Deck & 86 One Owner Hours, 2013 DCT Carry-on Trailers 7’x17’ Enclosed Trailer w/Rear Drop Door – One Owner & Owner Estimates was Pulled Less Than 200 Total Miles, Earthquake Garden Tiller & Other Yard Equipment, Northstar Power Washer, Quality Shop Tools, Camping & Fishing Items, Antiques, Collectibles & Some Household Items & Misc.

We will offer the following real estate and personal property at auction “On Site” at the property located at 23638 458th Ave., Madison, SD; from Prostrollo Motors in Madison, SD – 1 ½ miles east on Hwy. #34 to Hwy. #19, then 2 miles south on Hwy. #19 to 237th St., then 1 mile east on 237th St. and ¾ mile north on 458th Ave.; or from SoDak Marine – 1 mile west and ¾ mile north on 458th Ave.

SATURDAY JULY 6, 2024 SALE TIMES: RE at 10:00 AM w/Personal Property to Follow at Approx. 11:00 AM

Attention – Lake Madison & Area Nearby Lake County Residents and Others Seeking a Well Located Storage/Shop Building Concrete Throughout & Existing Utilities On Site. This is a property that will be of interest to a wide variety of buyers seeking a property to utilize for a wide variety of utilizations, especially since according to Lake County Planning and Zoning this property has an existing rural housing eligibility that currently is not in use – if utilized as a home site the new owner would need to comply with county set-back requirement, which could require removal or relocation of the existing building. A new owner may desire to continue utilizing the property in its current mode of operation for personal seasonal camp site and/or personal storage & shop use which must be utilized in accordance with Lake County Zoning. The property consists of a very well maintained 50’x100’ steel quonset storage building which has 2 sliding doors and a door opening which is approx. 23’ wide and 13’6” tall and has an excellent concrete floor throughout and is serviced with 220 & 110V electrical with electricity provided by Sioux Valley Energy Rural Electric, Water Service through Big Sioux Community Rural Water and has an interior Camper sewage dump to an existing holding tank, the bldg. also has an interior small office area with a wall mount air conditioner, as well as some work benches and built-in storage shelving. This property has been utilized as a seasonal camp site for their motorhome and as the SD address for the owners for many years, as they have seasonally winter in Arizona for many years. The property consists of a +/-1.67 acre lot according to Lake County Assessor’s information and the Plat of the property which indicates the lot dimensions as being 361’ north and south and 202’ east and west. The property has an excellent location with a grassed lawn and other landscaping and is conveniently located to Lake Madison and could potentially be an excellent combination of utilizations including a sit for a new home, camping & as a storage site – all within a close proximity to Lake Madison, the Lakes Golf Course and other nearby recreational opportunities and dining. This is a great property that can be viewed by appointment arranged with the auctioneers or the owners.

LEGAL DESC.: Tract “A” of Arnold F. Thompson’s First Addition in the SW ¼ of the NW ¼ of Sec. 26, T. 106N., R. 52W., (Lakeview Twp.), Lake Co., SD.

TERMS: Cash, with a 15% earnest money downpayment sale day and the balance on or before Aug. 23, 2024 with possession. Marketable Title will be conveyed and an Owner’s Title Insurance Policy will be provided with the cost of the owner’s policy divided 50-50 and a closing agent’s fee (Weber Abstract) to be divided 50-50 between the buyer and seller. All of the 2023 RE taxes due and payable in 2024 in the amount of $1,076.76 will be paid by the Owners and based on that amount the 2024 RE taxes will be prorated to the date of closing. The lot size of this property is as stated on the County Assessor’s records with the acres/lot size understood to be “more or less”. Any new fencing or future maintenance of fences, if any, is the responsibility of the buyer. Presently according to Lake Co. P&Zoning – this property is zoned agricultural with 1 rural housing eligibility assigned, although if the housing eligibility is utilized it must meet the set back and other county requirements in order to be utilized (which potentially could require removing or relocating the existing structure – interested parties are encouraged to contact the Lake Co. Planning & Zoning office) and any future utilizations will require a building permit & compliance with Planning and Zoning Criteria. This property is sold in “AS IS” condition and the merchantability or suitability of this property for any particular purpose is not guaranteed. The RE Licensees in this transaction stipulate that they are acting as agents for the seller. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable Lake County Zoning Ordinances. Sold subject to confirmation of the owners.

JIM & MARY SIEMONSMA, Owners – Ph. 605-270-2464

SUTTON AUCTIONEERS & LAND BROKERS, LLC – CHUCK & JARED SUTTON – – SIOUX FALLS, SD – Ph. 605-336-6315 & FLANDREAU, SD – 605-997-3777

WAYNE BESSMAN – RE & Pers. Property Auctioneer – Madison, SD – ph. 605-270-4980

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