Sutton Auctioneers and Land Brokers LLC. | Reed Estate - +/-257.21 Surveyed Acres of Wayne Twp., Lake Co., SD Land

LAKE COUNTY, SD

United States

ESTATE LAND AUCTION

Dec 02, 2025 10:00 AM CT

Auction currency	USD
Buyer's premium	0 %
10% nonrefundable downpayment sale day with the balance on or before Jan. 22, 2026
Delivery	605-336-6315
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Featured lot Provisionally sold Leading Won Outbid Lost Declined Reserve not met Leading

TERMS & CONDITIONS - Do not bid on this lot!

1

Quantity

1

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500 USD

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AUCTION TERMS: Cash - A 10% nonrefundable downpayment sale day with the balance on or before Jan. 22, 2026. 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) to be divided 50-50 between the buyer(s) and sellers. All of the 2024 RE taxes payable in 2025 as well as all of the 2025 RE taxes payable in 2026 will be paid by the seller. The total acres being sold are based on a survey as completed by Midwest Land Surveying, Inc., with acres understood to be - more or less. The sellers do 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 law. FSA cropland, yields, bases & other information is estimated and not guaranteed and are subject to county committee approval. 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 agent for the owners. 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.

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Auction date(s): Dec 02

Lot location: LAKE COUNTY, South Dakota

Featured lot Provisionally sold Leading Won Outbid Lost Declined Reserve not met Leading

2

Quantity

159

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Opening bid

1,000 USD

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0 USD

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Auction date(s): Dec 02

Lot location: LAKE COUNTY, South Dakota

Featured lot Provisionally sold Leading Won Outbid Lost Declined Reserve not met Leading

3

Quantity

99

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1,000 USD

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Auction date(s): Dec 02

Lot location: LAKE COUNTY, South Dakota

Featured lot Provisionally sold Leading Won Outbid Lost Declined Reserve not met Leading

Tracts #1 & #2 Combined - The 257.21 Acre Unit

4

Quantity

258

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1,000 USD

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TRACT #1 - +/-158.28 Acres ; LEGAL DESC.: The SE ¼ of Sec. 5, T. 108N., R. 54W., (Wayne Twp.), Lake County, SD. - The configuration of both the FSA information and Lake County Assessor’s information do not conform with the manner in which the parcels are being offered for sale, so there is overlapping between the respective surveyed parcels being offered for sale. According to FSA information, presently the S½ of the SE¼ is identified as FSA Tr. 9993 which according to the FSA 156 EZ has approx. 77.07 acres of Farmland with approx. 65.91 acres of cropland with a 21.63 acre corn base with a 138 bu. PLC yield and a 21.97 acre soybean base with a 38 bu. PLC yield; FSA has the remainder of this farm identified as Tr. 10005 lying in the N½ SE¼ and the +/-100 acres in the SW¼ - which has approx. 172.03 acres of cropland with a 60.91 acre corn base with a 162 bu. PLC yield and a 63.64 acre soybean base with a 43 bu. PLC yield. According to info. obtained from the Lake County Assessor the SE¼ (Tr. #1) – has the overall soil ratings and RE taxes being assigned as 4 individual +/-40 acre parcels - which respectively for the NW¼ SE¼ has RE taxes of $988.26 and an OSR of .836; for the SW¼ SE¼ has RE taxes of $879.20 with an OSR of .796; for the NE¼ SE¼ has RE taxes of $856.22 with an OSR of .775; and on the SE¼ SE¼ has RE taxes of $783.40 with an OSR of .703. Comparatively, information obtained from Surety Agri-Data, Inc. indicates that Tract #1 with the SE¼ as a whole has a weighted soil productivity index of 78.7. The general topography of this land is gently rolling to rolling with some lower lying land in lowland areas. According to US Fish and Wildlife there are NO wetland conservation easements on this land. TRACT #2 - +/-98.93 Acres ; LEGAL DESC.: E½ of SW¼ and the S½ SW¼ SW¼ of Sec. 5, T. 108N., R. 54W., (Wayne Twp.), Lake County, SD. - TRACT #2 – The FSA configuration of this parcel does not conform with the manner in which the parcel has been surveyed, as FSA Tr. 10005 includes the land included in Tract #2, along with the N ½ SE ¼ which is part of Surveyed Tract #1, currently Tr. 10005 lying in the N½ SE¼ and the +/-100 acres in the SW¼ - which has approx. 172.03 acres of cropland with a 60.91 acre corn base with a 162 bu. PLC yield and a 63.64 acre soybean base with a 43 bu. PLC yield, subsequently an FSA reconstitution of tillable acres, crop yields and bases will be required subsequent to the sale of the property and transfer of ownership to the new owner. Although from a review of the FSA aerial photo it appears that the land in Tract #2 is nearly all tillable with the exception of a 7.03 acre waterway and roads. According to info. obtained from the Lake County Assessor & Treasurer’s information the +/-100 taxable acres in the SW¼ (Tr. #2) – has an overall soil rating of .822 and RE taxes were $2,269.70; comparatively, Surety Agri-Data Info. indicates the land included in Tr. #2 has a weighted soils productivity index 82.8. The general topography of this land is gently rolling to rolling with some lower lying areas in waterway and lowland areas. The Hunting and recreational opportunities on this property may be accentuated due to the location of this property lying adjacent to a US Waterfowl Production Area consisting of +/- 60 acres that lies in the northwesterly portion of the SW ¼ (Tr. #2). According to US Fish and Wildlife there are NO wetland conservation easements on the land being sold in Tract #2.

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Auction date(s): Dec 02

Lot location: LAKE COUNTY, South Dakota