October 31, 2022 10:30 am

Live Onsite Auction of 298.31 +/- Acres of Lincoln County SD, Farmland Tract 1: Brought $14,100/Acre and Tract 2: Brought $12,000/Acre

Owners: Heritage Trust

Land site located from east side of Harrisburg, SD, 2 miles south on 476th Ave or from Canton, SD, 7 miles north on SD Hwy 11 and 2 miles west on 275th St.

LINCOLN COUNTY, SD LAND AUCTION
298.31 +/- Acres, Dayton Township
Located South of Harrisburg, SD
Monday, Oct. 31, 2022, 10:30 AM

Live/Online Auction

We will sell the following at a live/online public auction at the land site located from east side of
Harrisburg, SD, 2 miles south on 476th Ave or from Canton, SD, 7 miles north on SD Hwy 11 and 2 miles
west on 275th St.

Auctioneer’s Note: Location, Location, Location! This land is located just southeast of Harrisburg, SD, 6
miles south of Sioux Falls, 6 miles west of the South Dakota/Iowa border. Seldom does one have a
chance to purchase two adjacent tracts located in one of the fastest-growing areas of our region. Here
is a great opportunity to purchase land as an investment or to expand your current farming operation.
The land is in close proximity to grain elevators and a reasonable distance to ethanol plants. The
topography of the land is flat and has excellent productivity and soil rating. A certified wetland
determination has been completed and the land is available to farm to the new buyer for the 2023 crop
year. According to the FSA office there are 284.80 acres of cropland, 142.10-acre corn base/158-bushel
PLC yield and a 139.20-acre soybean base/42-bushel PLC yield.

The land will be offered in multiple tracts, will not be combined, and will be sold on a per-acre basis.
After the first round of bidding, the winning bidder will have choice of either tract or the option to take
both tracts. If the winning bidder elects to take both tracts, the sale will be completed. If the winning
bidder elects to buy only one tract, another round of bidding will take place for the remaining tract.

Tract 1: 149.03 +/-acres. Lots 1 and 2 NW ¼, except 1.10-acre RR ROW, 18-99-49, Lincoln County, SD.
The land has a soil rating of .858 and according to Surety-Agridata a productivity rating of 86.3. Primary
soils include: Wentworth -Chancellor silty clay loam, 0-2 percent slopes (59.3 % of the field) and
Chancellor Viborg silty clay loams (27.5% of the field). Taxes: $4,391.78. This property has an access
easement for Tract 2, if the tracts are sold separately. The access easement and driveway will be paid for
by the seller. The land includes 4 building eligibilities.

 

Tract 2: 149.28 +/- acres. NE ¼, except 6.72 acres RR ROW and the South 407’ of the North 1677’ of the
East 428’, 18-99-49, Lincoln County, SD. The land has a soil rating of .839. According to Surety-Agridata
the land has a productivity rating of 85.5. Primary soils include: Wentworth -Chancellor silty clay loam,
0-2 percent slopes (60.6 % of the field) and Chancellor-Wakonda-Tetonka complex and Chancellor-
Viborg silty clay loams. Taxes: $4,302.92. Northern Natural Gas Company has a pipeline easement on the
land. The land includes 3 building eligibilities.

TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before, Dec
16, 2022. Possession March 1, 2023. Title insurance and closing costs split 50/50 between buyer and
seller. 2022 taxes due in 2023 to be paid for by the seller. 2023 taxes due in 2024 to be paid for by the
buyer. If the land is sold in separate tracts, it will be the buyer’s responsibility and expense to determine
the boundary between the two tracts. The acres in this property are based on acres stated in the county
tax records with the acres to be understood to be “more or less”. The seller does not warranty or
guarantee that the existing fences lie on the true and correct boundary and new fencing, if any, will be
the responsibility of the purchaser pursuant to SD statutes. Any lines on maps are for informational
purposes only and are not guaranteed to be actual boundary lines of the property. The property is sold
in as-is condition and as a cash sale with no financing contingency. Sold subject to existing easements,
restrictions, reservations, or highway of record, if any. Information is deemed to be correct but it is not
guaranteed. All prospective buyers are encouraged to inspect the property and verify all data provided.
Statements made the day of sale take precedence over all written advertising. Real Estate licensees are
agents for the seller. Sold subject to confirmation of owner.

Heritage Trust, Owners
Darin Schaap, First Bank and Trust, Trustee

Auctioneers/Brokers:
Joel A. Westra Auctioneer, Chancellor, SD 605-957-5222
Joel R. Westra Auctioneer, Centerville, SD 605-310-6941
Phil Eggers, Broker Associate, Renner, SD 605-351-5438
Mark Zomer, Broker, Rock Valley, Iowa 712-470-2526

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