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HIGH PROFILE
LAND AUCTION
Attention—Developers, Investors,
Contractors, Farm Operators,
Entrepreneurs & Others!
2 Extremely High Profile Development/Agricultural Parcels
of Benton Twp., Minnehaha Co., SD Land
FRIDAY DECEMBER 4, 2015
Sale Times:
Parcel #1—10:00 am— +/-158.93 Acres
Parcel #2—1:00 pm—+/-46.72 Acres
HEIRS OF BERNADINE STAPLETON
First Premier Bank - Acting as Agent - Sioux Falls, SD
Sandy Schoenbeck – Trust Officer – Ph . 605-357-3060
Amanda Neugebauer – Trust Officer – ph. 605-978-9772
and THE BARBARA JEAN COUTURIER TRUST
Northwest Bank & Trust Company- Davenport, Iowa – Conservator & Trustee
LAND AUCTION – Location, Location, Location!!
ATTENTION – Developers, Investors, Contractors, Farm Operators, Entrepreneurs & Others
In the Market for Minnehaha County Land Within a Close Proximity to Sioux Falls, SD
2 Extremely High Profile Development/Agricultural Parcels of Minnehaha County Land
PARCEL #1 - +/-158.93 Acres in Benton Township - Lying Adjacent to SD Hwy. #38
& Within 1 Mile of the Sioux Falls City Limits
PARCEL #2 - +/- 46.72 Acres of High Profile Land in Benton Twp. for Future Development
Lying Adjacent to the Marion Road Exit #395 on I-90 and Directly West of McCrossan’s
Boys Ranch and Very Near the Sioux Falls City Limits and the New Walmart at N. 60th St.
& Marion Road, the USDSU University Campus, As Well As Other Nearby Commercial
Businesses, Housing & Other Area Points of Interest
We will Offer Each of These High Profile Parcels of Land – ON SITE at each of the Sites at the Following
Designated Auction Times and Locations on ….
FRIDAY DECEMBER 4, 2015
AUCTIONEER’S NOTE: This Auction Presents a “Very Rare” and “Once in a Lifetime Opportunity” to
Purchase Parcels of Land That Are On the Cusp of Occurring and Developing Future Development in
Tempo with the Northwesterly Growth of the Sioux Falls, SD Community. These parcels of land that
are offered on this auction are especially unique, as they are situated in a locale that has experienced
phenomenal growth throughout the past ten years and continuing as the growth continues to
Prosper Northwest of Sioux Falls, SD - Especially Near North Marion Road, Hwy. #38 & the Hwy. #38
Exit on I-29, I-90, the USDSU Campus and Other Area Businesses, Residential Multi-Housing &
Single Family Developments & More!!
We will offer these two unique parcels of land at public auction, with the auction to be conducted On
Site at each of the designated Locations and Auction Times! This auction provides the opportunity to
purchase either of these properties – each with present agricultural value and even moreso,
futuristic development potential in tempo with the Northwesterly Growth of the Sioux Falls
Community! Mark Your Calendars, Get Your Financing in Order & Make Plans to Attend This
Momentous Auction!!
PARCEL #1: SALE TIME: 10:00 AM - +/- 158.93 Acres – We will offer this real property “On Site” at the
land located from the Hwy #38/N. 60th Street Exit #83 on I-29 (Flying J Truck Stop) – 2 miles west on Hwy. #38
to the NE Corner of the Land at the Jct. of Hwy. #38 (60th St. N.) & LeMesa Drive (470th Ave.); from Walmart @
60th St. North & N. Marion Rd– 1 mile west; or from Crooks, SD– approx. 3 ½ miles south on 470th Ave.
LEGAL DESC.: The NE ¼, exc. Lot H-1, Sec. 34, T. 102N., R. 50W., (Benton Twp.), Minnehaha Co., SD.
This is a well located parcel of land with high visibility that is located in a rural area that is less than 1 mile from
the Sioux Falls City Limits, with this property bordered on the north by Hwy. #38 and on the east by LaMesa Drive
(470th Ave.) and is situated between I-29 and the Ellis Road. This property is situated just 1 mile west of the
Walmart that is located at the Jct. of Marion Rd, & Hwy. #38 and within a close proximity to the Sioux Falls, SD
City Limits, the Hwy. #38 Exit #83 on I-29, the University Center/USDSU Campus, other area commercial and
housing developments, LaMesa Drive, Marion Road and other area points of interest. Thus, this property appears
to have some significant long term future development potential with the future northwesterly growth of Sioux
Falls, SD. According to FSA information Parcel #1 has approx. 120.87 acres of cropland, of which approx. 93.05
acres is situated northwest of the hayland/waterway and 27.82 acres are located southeast of the hayland/
waterway – the tillable ground for the most part slopes downward towards the hayland/drainage; with an 89.78
acre corn base with a 144 bu. PLC yield and a 29.92 acre soybean base with a 46 bu. PLC yield and is enrolled under the County ARC farm program election. The majority of the hayland is suitable for haying and/or grazing
throughout normal and dry periods and is traversed by a small intermittent creek that flows from the northeast
corner of the property to a point where the waterway exits the property in the southcentral sector of the farm,
which eventually flows into Willow Creek which is located approx. 1 mile south of the property. According to the
M’haha. Co. GIS Website, much of the hayland/drainage is located within the 100 year flood plain.
According to the Minnehaha County Assessor this farm has an overall soil rating/parcel rating of .656 on the N½
NE¼ and .570 on the S½ NE¼, comparatively info. obtained from Surety Agri-Data, Inc. indicates this land in
its’ entirety has a Productivity Index of 65.6 - with the predominate soils on the cropland comprised of Class II &
III soils. The general topography of the cropland is gently rolling to rolling with a northwesterly slope. According
to M’haha. Co. Planning and Zoning there are 4 rural housing eligibilities on Farm #1. The 2014 RE taxes
payable in 2015 on Farm #1 on the N½ NE¼ were - $1,884.49 & on the S½ NE¼ were $1,605.83 or a
combined total of $3,490.32. This is an extremely well located parcel of land with tremendous present and future
potential, with the superb location of this property within 1 mile of the Sioux Falls city limits, the ½ mile northerly
frontage along Hwy. #38 and ½ mile of easterly frontage along LeMesa Drive, along with other features of this
land and aspects of the vicinity, makes this an especially unique and highly desirable property for a wide variety
of buyers in the market for land located within a close proximity of Sioux Falls, SD.
PARCEL #2: SALE TIME: 1:00 PM - +/- 46.72 Acres – We will offer this real property “On Site” at the
land located at the NW Corner of the Marion Road Exit #395 on I-90 in Sioux Falls, SD; from the Hwy #38 Exit
#83 on I-29 (Flying J Truck Stop) – 1 mile west on Hwy. #38 (60th St. N.) and 1 mile north on Marion Road/471st
Ave. with the Northeast Corner of the Land at the Jct. of Marion Rd./471st Ave. & 260th St.; from the Walmart
Store at the Corner of Marion Rd. & N. 60th St. – approx. 3/4th mile north on Marion Rd.; this property is located
directly west of McCrossan’s Boys Ranch.
LEGAL DESC.: The E½ of the NE¼, except Lots H-1, H-2 & H-3, Sec. 26, T. 102N., R. 50W., (Benton Twp.),
Minnehaha Co., SD. – Actual Legal Desc. &Acres to be determined by survey.
Parcel #2 is a well located parcel of land with high visibility that is located at the northwest corner of the Marion
Road Exit #395 on I-90 – bordered on the east by Marion Road (471st Ave.), on the north by 260th Street and on
the South by I-90. This property is currently situated in a rural area in extreme northwestern Sioux Falls,
however this property is just northwest of the City Limits of Sioux Falls, SD. This property is situated approx. ¾
mile north of the Walmart that is located at the Jct. of Marion Rd. & Hwy. #38 and within a close proximity to the
Sioux Falls, SD City Limits, the University Center/USDSU Campus, other area commercial and housing
developments as well as other businesses and other area points of interest. Thus, this property appears to have
some significant long term future development potential with the future northwesterly growth of Sioux Falls, SD.
This property is bordered on the east by 471st Ave. which is a northerly extension of Marion Road. Parcel #2 is
presently zoned A-1 (Agricultural District), although the 2035 Future Land Use Plan of Sioux Falls indicates that
this property is planned to be utilized for light industrial use, (especially since this property is not yet zoned by
the City of Sioux Falls - interested parties are encouraged to research zoning and future potential utilizations and
development costs). According to FSA information Parcel #2 has approx. 45.2 acres of cropland and based on a
cropland ratio calculates to have a projected estimated 27.84 acre corn base with a 146 bu. PLC yield and a
17.63 acre soybean base with a 43 bu. PLC yield and is enrolled under the County ARC farm program election –
these bases and yields will be subject to an FSA reconstitution of this property subsequent to the sale of this
property. The general topography of the cropland is gently rolling to rolling with a northwesterly slope.
According to M’haha. County Planning and Zoning there are 2 rural housing eligibilities on Farm #2. The 2014
RE taxes payable in 2015 on Farm #2 were taxed as part of a larger parcel containing 113.07 acres which calculate to be approx. $26.11 per acre. This is an extremely well located parcel of land with tremendous present and future
potential in harmony with the current and future growth of northwesterly Sioux Falls, with a superb location adjacent to
the Marion Road Ramp at Exit #395 on I-90, the closeness in proximity of this property to the Sioux Falls City
Limits, along with other aspects of this land and the vicinity, makes this an especially unique and highly desirable
property for a wide variety of buyers in the market for land located within a close proximity of Sioux Falls, SD.
TERMS: Cash - A 10% non-refundable downpayment on the day of the sale on each parcel and the balance
on or before January 21, 2016 with full possession for the 2016 crop year and/or construction season.
Trustee’s Deeds will be conveyed and Owner’s Title Insurance provided with the cost of the owner’s policy
divided 50-50. A closing agent’s fee, if any, to be divided 50-50 between the buyer and seller. All of the
2015 RE taxes payable in 2016 will be paid by the seller. The acres in this property are to be based on the
acres stated on a survey as prepared by Midwest Land Surveying, Inc., with the purchase price to be
calculated on the surveyed acres, with the acres understood to be “more or less” (the acres stated in this
ad will be adjusted in accordance with the survey). The sellers do not warrant or guarantee that
existing fences lie on the true & correct boundary, any new fencing or future maintenance of fences is the
responsibility of the buyer in accordance with SD law. Any future zoning is subject to the City of Sioux Falls
Joint Jurisdictional Platting Authority and/or Minnehaha County Planning and Zoning, and is subject to any
related zoning conditions and requirements, with any or all future development costs or assessments to be
the responsibility of the purchaser. This property is sold in “AS IS” condition with no contingencies
whatsoever and the merchantability or suitability of this property for any particular purpose is not
guaranteed, buyers are encouraged to do their own due diligence concerning zoning, proposed future uses of
the property, availability of utilities and/or cost recovery, if any, as well as research of other matters
pertaining to the properties. The RE Licensees in this transaction stipulate that they are acting as agents for
the seller. Information contained herein is deemed to be correct, but is not guaranteed. This property is sold
subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all
applicable City of Sioux Falls Zoning Ordinances and/or Minnehaha County Zoning Requirements. Sold
subject to confirmation of the Trustees.
For additional information contact the auctioneers.
HEIRS OF BERNADINE STAPLETON
First Premier Bank - Acting as Agent - Sioux Falls, SD
Sandy Schoenbeck – Trust Officer – Ph . 605-357-3060
Amanda Neugebauer – Trust Officer – ph. 605-978-9772
and THE BARBARA JEAN COUTURIER TRUST
Northwest Bank & Trust Company- Davenport, Iowa – Conservator & Trustee
Karen A. Goodall – Vice Pres. & Trust Officer – ph. 563-388-2530
CHUCK SUTTON - Auctioneer & Land Broker
Sioux Falls, SD - ph. 605-336-6315
& Flandreau, SD - ph. 605-997-3777
TOM SOUVIGNIER - Auctioneer & RE Broker Associate Canton, SD - ph. 605-987-2904
DAN UTHE – RE & Personal Property Auctioneer –
Sioux Falls, SD ph. 605-351-2230
Remember—
Successful Auctions Don’t Just Happen . . .
They’re Planned!