Oldham, SD 57051(Lake County)

TRACT #1 - +/-158.28 Acres ; LEGAL DESC.: The SE of Sec. 5, T. 108N., R. 54W., (Wayne Twp.), Lake County, SD. - The configuration of both the FSA information and Lake County Assessors 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 S of the SE 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 N SE and the +/-100 acres in the SW - 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 SE (Tr. #1) has the overall soil ratings and RE taxes being assigned as 4 individual +/-40 acre parcels - which respectively for the NW SE has RE taxes of $988.26 and an OSR of .836; for the SW SE has RE taxes of $879.20 with an OSR of .796; for the NE SE has RE taxes of $856.22 with an OSR of .775; and on the SE SE 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 SE 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.: E of SW and the S SW SW 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 SE which is part of Surveyed Tract #1, currently Tr. 10005 lying in the N SE and the +/-100 acres in the SW - 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 & Treasurers information the +/-100 taxable acres in the SW (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 (Tr. #2).

According to US Fish and Wildlife there are NO wetland conservation easements on the land being sold in Tract #2.

TERMS: Cash - A 10% nonrefundable downpayment sale day with the balance on or before Jan. 22, 2026. Marketable Title will be conveyed and an owners title insurance policy will be provided with the cost of the owners policy and the closing agents 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.