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Absolute Land Auction: 2089 Acres * Scenic Ranch & Farm Land
Wednesday, October 2, 2019 - 1:00 PM (MT)
Auction Location: Summerset, SD

Only 12 miles north of Rapid City 
Offered in 3 Tracts & as an Entire Unit 

Directions to land: From Exit 58 on I-90, in Rapid City, SD, go 8 ½ mi. north on Haines Ave, then 1 mi. east on Elk Creek Rd., 1 mi. north on 142nd Ave., 1 ¼ mi. east on 218th St., and ¾ mi. north on Coyote Lane, to headquarters. ***Maps & info are in mailbox at property. Tract signs are posted & ribbons mark corners.

Auction held at Ramada Convention Center at 7900 Stagestop Rd, Summerset, SD, 57718 (northwest of Rapid City, Exit 48 on I-90)

Coffee & Cookies provide by Farm Credit Services

2 Running Creeks ~~~ Views of Black Hills & Bear Butte ~~~ Contiguous & Adjoining, along Tilford & Elk Vale Roads ~~~ Wells ~~~ Springs ~~~ 9+ Stock Dams ~~~ Electricity ~~~ Deer & other Wildlife ~~~ Hunting ~~~ Beautiful Vistas ~~~ Tall, lush grass ~~~ Alfalfa, intermediate, green needle, western, & other grasses scattered across the Meadows, & along the creeks ~~~ Trees ~~~ Clean Pastures ~~~ 683.87 acres designated FSA cropland, now in grass, hay & oats ~~~ Barn/Arena: 306 ft x 134 ft ~~~ 40,000 lb. Fairbanks Scale ~~~ Excellent sites to build your dream home!

Tract 1: Northwest Pasture/Hay/Farmland: 1020 acres ~ SW4SW4, W2NW4SW4 of Sec. 28; and All of Sec. 29; and E2NW4, NE4 of Sec. 32; and W2NW4 of Sec. 33 ~ Adjoins Tracts 2 & 3 ~ Wonderful grasses with some alfalfa ~ fenced into 4 pastures ~ 7+ Stock Dams ~ Good Dugout ~ at least one Spring ~ Deep Mother Dam between Sections 29 & 32 always has water ~ some trees ~ 253.57 acres FSA designated cropland, presently used for hay and pasture ~ 2 Auto-gates, one near south section line of Sec. 29, and another crossing into Tract 2 ~ Several approaches off Tilford Road ~ Electricity with new poles and line, plus good fence all along Tilford Road on the north border ~ Great Views

Tract 2: Northeast Pasture/Hay/Farmland: 580 acres ~ N2, SE4, E2SW4, E2NW4SW4 of Sec. 28 ~ Adjoins Tract 1 ~ Pasture with at least 3 stock dams ~ some trees ~ Excellent access as it sits in the corner where Elk Vale Road and Tilford Road meet ~ Auto-gate in northeast corner and another auto-gate into Tract 1 ~ also good access off Elk Vale Road into southeast corner ~ 196.44 acres designated FSA cropland, presently in hay/pasture ~ very scenic ~ Fairly new, good fence along the east and north sides, with electricity (new poles and line) along the north

Tract 3: Pasture/Hay/Farmland, & 2 Creeks: 489.31 acres ~ PW Sub Lot PW-1 in SE4NW4 and Lots 2 and 3 of Sec. 5; and E2SE4 of Sec. 31; and S2 of Sec. 32 ~ Adjoins Tract 1 ~ Morris Creek and Elk Creek wind through a good part of this property, with trees for shade and protection ~ Great pasture and hayland with its fertile meadows ~ 233.86 acres designated FSA cropland, with 40 acres planted to oats in 2019, and other areas hayed ~ Alfalfa and assorted other grasses ~ 306x134 Barn Arena (see details on back) ~ 3 good Wells ~ Hydrants ~ Energy free automatic waterer ~ Electric meters in several places ~ Septic systems, and water & electricity in place ~ Scenic beauty, with great sites for homes

We see deer every time we travel the property!

Deep Mother Dam between Sections 29 and 32 (appears to be spring fed) has never gone dry.

Beautiful views of the Black Hills, Bear Butte, and Elk and Morris Creeks.

Excellent, scenic home sites---- in the country, yet near Rapid City.

Showings: Wed. Sept. 18 from 1-3 pm and Wed. Sept. 25 from 1-3 pm, or call for private tour. Please do not tour property without an auctioneer.

Machinery Auction, including 2 tractors, balers, manure spreader & more on Wed. Sept. 25 at 5 pm

More Info on the Barn/ Arena: 306 ft. long x 134 ft. wide Morton Building ~~ Center open area with dirt floor could be used as a roping arena, barrel racing, & more ~~ Overhead Door, 20 ft. wide & 13+ ft. tall ~~ Wide Concrete pad in west side of barn, with apron leading into the barn ~~ Large tack room w/concrete floor ~~ All along the interior south alley are 25 stalls w/ sidewalls and gates ~~ All along the interior north alley are columns that could be used to make temporary stalls with panels. ~~ Electricity and Plumbing, Bathroom ~~ Well with 6 Hydrants in barn, and several outside ~~ several office & storage areas ~~ Place for water to drain away from the building ~~ Good building for storing equipment, renting storage space, or boarding horses ~~ Fairbanks-Morse 40,000 lb. Platform Scale, 24x10, just north of barn, seems accurate ~~ Building needs some repair 

Mineral Rights: Any mineral rights held by the Henderson family, will pass to the new owner(s).
FSA Crop Data: All sections have designated cropland, with a total Effective DCP Cropland of 683.87 acres. Most of this property has remained in hay or pasture in recent years, and no base acres have been established.
Soils: Tract 3 has mostly Lohmiller and Lohmiller-Glenberg soils, which make for soil productivity ratings in the 60’s, 70’s, and as high as 83. The farm ground areas of Tract 2 are primarily Pierre, Savo-Blackpipe, and Nunn soils, which rate around 67. Some of the pasture areas are Lismas, which lowers the overall rating for Tract 2 to 47. Tract 1, with its larger size, has a wider variety of soils, but it pretty much averages a 60 soil productivity rating.
Real Estate Taxes: 2019 Real Estate Taxes will be pro-rated between Seller and Buyer, based on the date of closing. 2018 Taxes were $ 12,291.10.
Possession of Property: At time of closing.
Survey: Property transfers as per legal description. The Seller will not provide a survey. Acreages are assumed accurate, but there are no guarantees as to number of acres.
Acreages: All tract acreages, dimensions, and boundaries are approximate and have been based on current legal descriptions. Meade County Assessors, FSA maps, and Agri-Data Surety maps assisted, but all property is sold by legal description only. These acreages determine the total price of each parcel, but there is no guarantee as to exact number of acres in each parcel. No survey provided. If sold in tracts, interior corners are deemed reliable, however, neither Seller or Auctioneer/Brokers are making any guarantees or warranties, actual or implied.
Fences: The present fences are assumed to be on the legal perimeter of the property, but these boundaries are not guaranteed. Due to the terrain, some of the present fences are not located exactly on the legal boundaries. Some additional fencing may be needed if the property sells in separate tracts. Property sells by legal description.
Water: Cattle and wildlife water from the Morris and Elk Creeks, plus from any of the 9+ stock dams. There are 3 wells, and a few areas that seem to be fed by small springs.
Buildings Removed: There were several old barns, sheds, and homes at the headquarters site in Tract 3. This summer (2019) they were salvaged, and the remainder buried into three pits. Some septic systems are still in place. There is also an older farmyard dump area in Tract 1.
Terms: Successful bidder will deposit 20 % irrevocable earnest money on Auction Day w with balance due in certified funds on, or before, November 4, 2019. Property sells without buyer contingency. Have financial arrangements secured prior to bidding. Marketable title transferred by Warranty Deed, subject to any easements, restrictions, or reservations of record.
Title Insurance & Closing: Sandra Heaton of Haakon Country Abstract Co., 605-859-2461, will conduct the closing. Policy is available for inspection prior to auction. Title Insurance and Closing Agent Fee will be split between Buyer and Seller.
Inspect Property to the extent deemed necessary, and rely on your own judgment when bidding. Do your own research both onsite and offsite. Descriptions and information are from sources deemed reliable; however, neither the Seller, Auctioneers, nor associated personnel is making any guarantees or warranties, actual or implied. Property is sold “As-is, Where-is.”
Announcements made at Auction take precedence over any printed material or prior representations. Auctioneers represent Seller in this transaction.

Property will absolutely sell to the highest bidder(s) on auction day without minimum or reserve bid! There will be new owners!

2089.31 acres, more or less
Legals: All in T 3 N, R 8 E of the Black Hills Meridian, Meade County, South Dakota:
89.31 acres Section 5: PW Sub Lot PW-1 in SE4NW4 and Lots 2 and 3
All in T 4 N, R 8 E of the Black Hills Meridian, Meade County, South Dakota:
640 acres Section 28: ALL
640 acres Section 29: ALL
560 acres Section 32: NE4, E2NW4, S2
80 acres Section 31: E2SE4
80 acres Section 33: W2NW4

Broker Participation Invited

Owner: Larry Henderson & Bonnie Henrickson

Managed & Conducted by:
Piroutek Auction Service - Dan Piroutek, South Dakota
E-mail:  Phone: 605-544-3316  
Web Site:
Arneson Auction Services - Lonnie Arneson, 20886 River Road,
Elm Springs, SD 57791
E-mail:  Phone: 605-798-2525  
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