Valley Springs, SD 57068(Minnehaha County)

This auction presents an excellent opportunity to purchase a parcel of land that has been owned by the Laehle Family for over 60 years. This land would make a great addition to an area row crop farming operation or as an investment. This property consists of a 133.36 acre surveyed parcel of land, which according to Minnehaha. County Planning and Zoning has 2 remaining rural housing eligibilities. The exceptions from this property include 2 acreages and a portion of the SD Rest Area on I-90. Also, in association with the rest area there is a scenic easement on +/-54.24 acres lying north and northwest of the rest area granted to the State of South Dakota granted in 1971, which restricts construction within the easement area, as well as other provisions of said easement, although there are no restrictions on agricultural farming practices. The location of this property is unique in that the land is bordered on the south by I-90 with the SD Rest Area being located in an area in the southeast corner of this land with a portion of the Rest Area being carved out of this farm, additionally, this land is bordered on the west by 487th Ave. and on the north by 260th Street and is conveniently located between the Valley Springs-Garretson and the Pipestone-Jasper Exits on I-90 and is just mile west of the Minnehaha County, SD & Rock County, MN State Line. According to FSA information this property has approx. 131.37 acres of Farmland with approx. 129.87 acres of Cropland with an FSA 59.38 acre corn base with a 166 bu. PLC yield and a 64.82 acre soybean base with a 46 bu. PLC yield and has been enrolled under the ARC County election for corn and soybeans of the USDA farm program. The non-tillable acres in this farm are comprised primarily of small +/- 1.5 acre area comprised of some trees with a dugout located near the Northwest corner of the farm, with the remaining non-tillable acres comprised of a waterway and roads. According to the Minnehaha County Assessor currently this land is assessed in two parcels with parcel #013636 being 50 acres with a Soil rating of .629 and parcel #013637 being 82.83 acres with a soil rating of .562, comparatively information obtained from Surety Agri Data indicates this farm as a whole has a Soil Productivity Index of 61.8. The total real estate taxes for 2024 and payable in 2025 on this property were $1,439.64 + $1,005.66 for a combined total of $2,445.30. This land has a high percentage tillable with a gently rolling to rolling topography. This land is conveniently located to I-90 and within a short drive to Brandon, Valley Springs, Garretson & Sioux Falls, SD and also Luverne, Pipestone, Jasper & Hills, MN, as well as a number of area grain terminals.

LEGAL DESC.: The NW, less exceptions, in Sec. 27, T. 102N., R. 47W., (Red Rock Twp.), Minnehaha County, SD.

TERMS: Cash A 10% non-refundable earnest money payment on sale day and the balance on or before Jan. 22, 2026 with full possession for the 2026 crop year. Marketable title will be conveyed with an owners title insurance policy provided with the cost divided 50-50 between the buyer and seller, additionally a title company closing fee, if any, will be divided 50-50 between the buyer and seller. 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 sellers. This property is sold in accordance with the acres as stated on a survey as completed by Midwest Land Surveying, Inc., the county tax records, with the acres understood to be more or less. The sellers do not warranty or guarantee that the existing fences lie on the on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD law. FSA cropland acres, yields, bases, payments & other information are estimated and not guaranteed and if divided into multiple parcels will be subject to an FSA reconstitution & County Committee Approval and also are subject to pending action and implementation of the New Farm Bill. his 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 Minnehaha 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.