Humboldt, SD 57035 - Minnehaha County

Upcoming Live Public Auction Of 2 Tracts Of Land Located In

Humboldt TWP, Minnehaha County, SD

This Land Is Located South Of Humboldt, SD!

If You Are Looking For Productive Farmland Or A Building Site/Pastureland Then Here Is The Opportunity To Purchase Both!

Tract 1: 67.27+/- Acres Of Productive Farmland Sold With One Housing Eligibility

Tract 2: 10.58+/- Acre Building Site/Pastureland Sold With 1 Housing Eligibility

Land Auction Date: April 24, 2025 10:30 A.M.

Auctioneers Note: The Zomer Company is honored to have the privilege to represent the Grimes family in offering at auction these outstanding parcels of land located in Humboldt TWP, Minnehaha County, SD! This land has been in the Grimes family for generations and was originally purchased by the heirs great grandfather Charlie Brown! This is a once in a life time opportunity to purchase land which has been owned by the same family going on 4 generations! If you are interested in productive farmland or a building site/pasture property then be sure to attend this auction!

Property Location: From Big Js Roadhouse on the West side of Humboldt, SD go South on 456th Ave. for Approx. 1 1/4 mile to the site of Tract 2. Tract 1 is located directly South of Tract 2 on the West side of 456th Ave.. The Auction will be held at the Prairie Wind Trailers Parking Lot in Humboldt, SD (1400 2nd Ave, Humboldt, SD)

Abbreviated Legal Description of Property 1: Tract 2 in the E1/2 of the NE1/4 of Section 20, TWP 102N, Range 52W, Minnehaha County, SD. Sold subject to all public roads and easements of record.

General description Of Property 1: According to the recent survey, this property contains 67.27+/- gross acres. According to FSA, this property contains approx. 64.81+/- tillable acres. This farm has a corn base only of 34.90+/- acres with a PLC yield of 150Bu.. The tillable farmland is classified as NHEL. The predominant soil types of the land include: WcA-Wentworth-Chancellor, EeB-Egan-Ethan, EgB-Egan-Wentworth, EuC-Ethan-Egan, Wr-Worthing-Davison. According to Agri-Data this tillable land has a productivity index rating of 82.5! This farm will also be sold with one housing eligibility! Whether you are an investor or farmer looking for farmland this is a great opportunity to purchase a high quality farm located South Of Humboldt, SD!! High quality tracts of farmland with excellent soil ratings such as this farm are rarely available for purchase! Land for generations has proven itself to be an excellent investment! Making the decision to invest in farmland is a decision that your family will thank you for making for generations to come! This land is leased for the 2025 crop year and buyer will receive the full rent and a rent subsidy for 2025 at closing. Make plans to attend the auction!

Abbreviated Legal Description of Property 2: Tract 1 in the E1/2 of the NE1/4 of Section 20, TWP 102N, Range 52W, Minnehaha County, SD. Sold subject to all public roads and easements of record.

General description Of Property 2: According to the recent survey, this property contains 10.53+/- gross acres. This property is currently all in pastureland! This property will be sold with one housing eligibility! If you are looking for an excellent location to establish a spacious acreage retreat with a new home this property offers the possibility to do just that! It is not very often that you have the opportunity to purchase a property of this size to build your dream home on! Minnehaha rural water is located on the North side of this property and on the East side of this property. Buyers are encouraged to contact Minnehaha rural water to verify availability of water for buyers intended use of the property. Sioux Valley Electric also has electric lines running on the North and East side of the property. Buyers are encouraged to contact Sioux Valley Electric to verify availability of electric for buyers intended use of the property. Any costs to bring power or water to the property would be solely a buyers expense. This pasture is leased for the 2025 crop year and the buyer will receive the full rent and a rent subsidy for the 2025 year at closing. This property is a blank canvas waiting for you and your family to make its mark on! Make plans today to purchase this outstanding opportunity!

Method of sale: Property 1 (farmland) will be sold with the final bid price times the gross surveyed acres. Property 2 (pastureland/building site) will be sold in total dollars. Auction will be held at The Auction will be held at the Prairie Wind Trailers Parking Lot in Humboldt, SD (1400 2nd Ave, Humboldt, SD)

Taxes: The current Real Estate Taxes according to the Minnehaha County Treasurer are currently estimated at approx. $1,568.50 per year which is for Property 1 and 2 combined. Taxes will be pro-rated through December 31, 2024.

Possession: This land is leased for the 2025 year and buyer will receive the full rent and a rent subsidy at closing. Buyer will receive landlord possession at closing

Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before May 29, 2025, when the buyer shall receive a clear and merchantable title to the property. Owners Title insurance and closing fee split 50/50 between buyer and seller. Stewart Title will act as Escrow and Closing agent. This property is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. All measurements and years built are estimated and not guaranteed. This Property is being sold subject to the confirmation of the sellers. All buyers are encouraged to do buyers due diligence. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Michael PaulsonAttorney For Sellers

Heirs Of Ronald & Carol Grimes Owners