AUCTION TERMS: Cash – A 10% nonrefundable downpayment on the day of the sale with the balance on or before January 9, 2026, with full possession for the 2026 crop year.  Marketable Title will be conveyed and an owner’s title insurance policy will be provided with the cost of the owner’s policy and the closing agent’s fee (Weber Abstract & Title in Madison, SD) to be divided 50-50 between the buyer(s) and sellers.  All of the 2024 RE taxes payable in 2025 will be paid by the sellers.  The total acres being sold are being sold in accordance with a survey as completed by Midwest Land Surveying, Inc., with the acres understood to be “more or less”.  All survey costs will be paid by the sellers.  The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the purchaser(s) pursuant to SD Law.  FSA cropland acres, yields, bases, CRP payments & other information are estimated and not guaranteed and may be subject to an FSA reconstitution & County Committee Approval and also are subject to pending action and implementation of the New Farm Bill.  Information contained herein is deemed to be correct but is not guaranteed. FSA cropland acres, yields, bases, payments & other information are estimated and not guaranteed and are subject to implementation of the New Farm Bill & County Committee Approval. The buyer to receive 100% of the CRP payment payable in 2026 with no proration.  The new owner(s) will be obligated to comply with all of the remaining terms and provisions of the existing CRP contract; any penalty for non-compliance or buyout of the existing CRP contract will be the responsibility of the new owner(s).  Information contained herein is deemed to be correct but is not guaranteed.  This property is sold in “AS IS” CONDITION and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all Lake County Zoning Ordinances.  The RE licensees in this transaction are acting as agents for the seller.  Sold subject to confirmation of the owners.

INTERNET BIDDING TERMS:

• *DO NOT REGISTER ONLINE IF YOU ARE ATTENDING THE LIVE ONSITE AUCTION!!
• Bidders who wish to Bid online for the property must be registered at least 24 Hours Prior to the Auction. Bidders may contact Sutton Auctioneers & Land Brokers, LLC at 605-336-6315 or office@suttonauction.com.
• Bidders who wish to bid online must provide Sutton Auctioneers & Land Brokers, LLC with a Bank Letter of Pre-Approval prior to bidding online. Bidders will not be automatically approved and online bidders will be manually approved for the auction.
• Sutton Auctioneers & Land Brokers, LLC has the right to require a wire or electronic transfer of funds if the bidder is unable to meet in person with a representative from the auction company. 
• By making a bid, Bidder accepts the terms and conditions below and will be bound by them.
• Announcements made the day of the sale take precedence over written or advertised announcements, but do not alter, in any way, the terms and conditions of the sale.

We will offer the following real property at auction “On Site” at the land located from Chester, SD – 4 miles west on 241st St. (Co. Hwy. #52) to 460th Ave., then approx. ½ mile north on 460th to the SW Corner of the Land with the NW Corner of the Land at the Jct. of 460th Ave. and 240th St; from the Prostrollo Motors Corner in Madison, SD – 1½ miles east on Hwy. #34 to the Jct. of Hwy’s. #34 & #19, then approx. 6¼ miles south on Hwy. #19 to Franklin and 3 miles east on 241st St. to 460th Ave. and ½ mile north on 460th Ave.to the SW Corner of the land.

AUCTIONEER’S NOTE:  This auction presents a great opportunity to purchase a multifaceted parcel of land that has potential to be of interest to the row crop and crop-livestock producer, as well as individuals seeking a parcel of land with a combination of income producing cropland & CRP, along with excellent hunting and wildlife production habitat provided by the combination of mature cedars, evergreens & other established mature trees and tree belts, CRP acres, potholes and other small areas of natural hunting and recreational habitat which provide a haven for deer, pheasants, waterfowl and other wildlife, further enhanced by the closeness of this property in proximity to Brant Lake, Round Lake, Long Lake & Lake Madison.  This is a well located parcel of land situated within ½ mile of two County Highways – those being County Hwy. #52 (241st St.) & Co. Hwy. #21 (461st  Ave.).  Additionally, this property is conveniently located to Chester and Madison, SD., the Dakota Ethanol Plant at Wentworth, SD & Madison Farmers Elevator, Lake Madison and Brant Lake and other area points of interest and is also  situated in a prominent agricultural area in Chester Township in Lake County, SD. This land is available to the buyer to farm or lease as they desire in 2026.