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120 Acres of Delapre Township

Lincoln County Land

Tuesday February 28, 2012 Starting at 1:00 PM

We will be offering 120 acres of prime land located 4 miles West of Sioux Falls on Hwy 102, also known as 69th Street. This land also includes 3 housing eligibilities.

Legal Description: Northwest 1/4 of Section 17, Township 100 North, Range 51 West of the 5th P.M. County of Lincoln, State of South Dakota less the Northeast 1/4 of Northwest 1/4 located therein and all of which consists of 120 acres more or less.

Terms: 10% non refundable deposit due the day of sale with the balance due by March 30, 2012. Title insurance & closing service fee will be split 50% buyer and 50% seller. The 2011 Real Estate taxes in the amount of $2,615.18 will be paid by the seller. The new buyer will get possession of the property at closing for the 2012 crop year.

Property Description: According to the Lincoln County courthouse this property contains 120 acres and will be sold as such. According to the Farm Services Agency this property has 116.5 cropland acres with 3.6 of it in CRP until September 30, 2016 with a payment of $105.83 per acre. This property has a corn base of 58.6 acres with a direct yield of 83 bushel and a CC yield of 96. There is a soybean base of 53.9 acres with a direct yield of 25 & a CC yield of 30. According to the Lincoln County zoning office this property has 3 building eligibilities which could have great value due to the proximity of Sioux Falls and abuts a black top road. Take the time to look at this opportunity and the beautiful lay of this land. For more information and maps, call Lee Burggraff at LandMark Realty & Auction, Inc. at 605/428-3909 or 605/366-1673.

Halling Trust: Owner

Lee Burggraff - LandMark Realty & Auction, Inc. - 605/428-3909 or 605/366-1673