76.25 +/- Acres, Lincoln Township
Farmland with 1 Building Eligibility

Thursday, Aug 18, 2022 10:30 AM

We will sell the following at a live/online public auction at the land site located from Canton, SD, 8 miles west
on SD Hwy 18, 3 miles south on 472 nd Ave, 1 mile west on 285 th Ave and 1 ½ miles south on 471 st Ave or from
Sioux Falls, SD, 16 miles south on I-29 to the Davis-Hurley Exit # 59, ½ mile east 285 th St and 1 ½ miles south on
471 st Ave.

Auctioneer’s Note: Located southwest of Canton, SD and just south of Sioux Falls, this land offers
opportunities for those looking to expand their farming operation or to purchase as an investment. The land is
in close proximity to grain elevators and ethanol plants and will be sold with one building eligibility. The land is
leased for 2022 crop year and the buyer will receive the second half of the 2022 crop lease payment of
$7,951.50 on October 15, 2022. The land has a soil rating of .808 and according to Surety/AgriData a
productivity rating of 74.6. Predominate soil: Wentworth-Chancellor silty clay loam, 0-2 percent slopes. The
FSA estimates there is approximately 73.1 of cropland, a 35.5 acre corn base/137 PLC yield and a 23.5 acre
soybean base/40 PLC yield. The land currently has approximately 61 acres of planted cropland, 11 acres of
grass that came out of the CRP program last year, which has not been hayed and 2.7 acres CRP, with an annual
payment of $541.00 and expires Sept 30, 2024. A certified wetland determination has been completed. Taxes:
TBD.

Legal Description: N ½ SW ¼ except Tract 1 of Wenbourne Addition, 8-97-50, Lincoln County, SD., 76.25 +/-
acres.

TERMS: 15% nonrefundable down payment day of sale with the balance due at closing on or before
September 27, 2022. Possession at closing subject to 2022 lease. Title insurance and closing costs split 50/50
between buyer and seller. 2021 taxes due in 2022 to be paid by the seller. The seller will pay the first half of
the 2022 taxes due in 2023 and the buyer will be responsible for the second half. The acres in this property are
based on acres stated in the certificate of survey on record, with 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.

Wenbourne Sisters, LLC, Owners
Brenda Ask, Closing Attorney