1-23-13 – LAND AUCTION

LAND AUCTION

 191.13 Acres of Well Located Productive Unimproved Spring Creek Township Moody County, SD Cropland

We will offer the following real property at auction at the farm located from Flandreau, SD – 7 miles north on Hwy. #13 and 1/2 mile west on Co. Hwy. #121 (223rd St.); from Brookings, SD – 11 miles south on I-29 to the Ward-Nunda Exit #121 and 7 1/2 miles east on Co. Hwy. #4 (223rd St.) or from Ward, SD – 6 ½ miles west.

WEDNESDAY JANUARY 23rd, 2013                         SALE TIME:  10:00 AM

This +/-191.13 acre unimproved farm will be offered as a unit.  This property consists of a well located parcel of Moody County, SD land with a high percentage tillable.  According to FSA information this farm has approximately 185.8 acres of cropland with a 63.9 acre corn base with an 82 bu. direct and 126 bu. countercyclical yield and a 62.2 acre soybean base with a 32 bu. direct and 38 bu. CC yields.  According to Moody County Assessor this farm has an Overall Soil Rating of .813, additionally information obtained from Surety Agri-Data, Inc. indicates that this land has a productivity index of an 83.6, with approx. 90% of this farm comprised of Class I & II Kranzburg, Doland & Houdek soils, with the small percentage classified as Class III soil.   The non-tillable portions of this farm are comprised primarily of waterways and roads.  The general topography of this land is gently rolling to rolling.  This is a well located parcel of land with the south side of this property lying adjacent to a county oil highway.  This is a parcel of land which is well suited to serve an as addition to an area row crop farming operation or investment.

LEGAL DESC.:  Lot 2 of Pulscher’s Addition on the S ½ of Sec. 16, T. 108N., R. 48W., (Spring Creek Twp.), Moody County, SD.

TERMS:  Cash – A 10% non-refundable earnest money payment on the day of the sale and the balance on or before March 1, 2013 with possession.  All of the 2012 RE taxes payable in 2013 will be paid by the sellers.  A Warranty Deed will be conveyed and an owner’s title insurance policy will be provided with the cost divided 50-50 between the buyer and seller.  The acres in this farm are based on the acres as determined by a survey completed by Midwest Land Surveying and the plat thereof.  FSA cropland, yields, bases, payments and other information is estimated and not guaranteed and are subject to County Committee Approval. The existing fences may or may not be on the true and correct boundary and any new fencing will be the responsibility of the buyer pursuant to SD Law. 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, as well as all Moody Co. zoning ordinances.  The RE licensees in this transaction stipulate that they are acting as agents for the seller.  Sold subject to confirmation of the Owners. For additional information contact the auctioneers or see www.suttonauction.com or burlagepeterson.com

 DAKOTA LAYERS, LLP – Owner

 CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777

LENNY BURLAGE, JIM& SCOTT PETERSON – Burlage-Peterson Auctioneers& Realtors – Brookings, SD – 605-692-7102