135.2+/- Acre Franklin Township, Lake County, SD Land Auction
Thursday, September 24th at 10:00am CT
Live auction with absentee online & phone bidding available – contact the auctioneers for arrangements.
Due to the recent death of David Roling and the multiplicity of owners in this parcel of Roling Family Land, Sutton Auctioneers & Land Brokers, LLC has been authorized to offer the following real property at auction, with the auction to be held “On Site” at the Land – Located from Madison, SD – Pizza Ranch Corner (Jct. Hwy. #34 & #81 (Highland Ave.) – 1 mile south on Highland Ave. to Mustang Seeds, then continue 4 ½ miles south on 454th Ave. (Lake Co. Hwy. #35) to the NW Corner of the Land; from Chester, SD – 7 miles west on 241st St. to the Franklin Corner on Hwy. #19, then 3 miles west on 241st and 2 miles north on 454th Ave. (Lake Co. Hwy. #35) and ¼ mile east on 239th St.; or from Orland, SD – 3 miles east on 241st St. and 2 miles north on 454th Ave. and ¼ mile east on 239th St. (Note – the Acreage site in the SW Corner of the Quarter Section is Excluded). The land is bordered on the west by 454th Ave.(Co. Hwy. #35) and on the south by 239th Street.
This 135.2+/- acre farm will be offered as a unit. This auction presents a great opportunity to purchase a productive parcel of farmland with some high-quality soils, a very high percentage tillable and convenient location and is situated in a prominent agricultural area south of Madison, SD in Franklin Township in Lake County, SD. This land is available to the buyer to farm or lease as they desire, with full possession for the 2027 crop year.
This farm consists of a total of a +/-135.2 acres. According to FSA information this farm has approx. 131.26 acres of Farmland a very high percentage of cropland, as FSA indicates that this farm has approx. 130.36 acres of cropland, with a 69.80 acre corn base with a 131 bu. PLC yield, a 31.90 acre wheat base with a 37 bu. PLC yield and a 13.30 acre soybean base with a 35 bu. PLC yield. From a visual inspection of the FSA aerial photo, it appears that this farm is virtually all tillable with the exception of 9/10th of an acre in the NE corner of the farm and roads. According to info. obtained from the Lake County Assessor this land has an overall soil rating of .749; Similarly, information obtained from Surety Agri-Data, Inc., indicates this farm has a weighted soil productivity index of 75. The 2025 RE taxes payable in 2026 on this property were $3,070.56. The topography of this land is generally gently rolling to rolling. It also is noteworthy that there has been a NRCS Certified Wetland Determination completed on this farm. According to US Fish and Wildlife there are NO wetland easements on this farm. Overall, this is a very desirable parcel of land with an extremely high percentage tillable which has been in the Roling Family for many decades, and is a farm that would serve as an excellent addition to an area row crop farming operation and/or investment property.
Legal Desc.: The SW¼, except the S. 1,033’ of the W. 992’, Sec. 6, T. 105N., R. 52W., (Franklin Twp.), Lake County, SD, containing 135.2 acres M/L per County Assessor’s records.
Terms: A 10% nonrefundable downpayment on the day of the sale with the balance on or before Nov. 20, 2026, with Fall tillage privileges subsequent to the harvest of the 2026 crops and full possession at closing for the 2027 crop year. Marketable Title will be conveyed and an owner’s title insurance policy will be provided with the cost of the owner’s policy and the closing agent’s fee (Weber Abstract & Title in Madison, SD) to be divided 50-50 between the buyer(s) and sellers. All of the 2025 RE taxes payable in 2026 will be paid by the sellers; additionally, at closing the buyers will receive a RE tax credit from the sellers in the amount the RE taxes payable in 2026 of $3,070.56 to be applied by the buyer to the RE taxes payable in 2027, with no further adjustments. The total acres being sold are being sold in accordance with the acres as stated on the Lake Co. Assessor’s records, with the acres understood to be “more or less”. The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the purchaser(s) 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 seller. Sold subject to confirmation of the owners.
This high percentage tillable farm would serve as an excellent addition to an area farming operation or as an investment. To view aerial maps, soils data and other information concerning this property or to make arrangements for absentee On Line bidding see www.suttonlandpros.com or for arrangements for phone bidding or other information contact the auctioneers.
Sandra “Roling” Walters, John Roling, Barbara “Roling” Simon & Jeff Roling, Owners
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 JARED SUTTON, CAI – Auctioneer & RE Broker Assoc. – Flandreau, SD – ph. 605-864-8527 WAYNE BESSMAN – RE Auctioneer – Madison, SD – ph. 605-270-4980 & GAGE GULLICKSON – Auctioneer & RE Broker, Assoc. – Flandreau, SD – ph. 605-651-3867
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