Major South Dakota Land Auction

Major South Dakota Land Auction

2,228± ACRES (SUBJECT TO SURVEY) 16 TRACTS

TUESDAY, NOVEMBER 17, 2020 AT 11:00 A.M. CST SALE HELD AT THE COUNTRY ROAD BARN 45648 164TH STREET WATERTOWN, SD 57201

• Unprecedented Investment Opportunity! • Highly Productive Irrigated Cropland! • Attractive Recreational Acreage with CRP Income!

THE LATE JAMES ENDRES AND GREG ENDRES REPRESENTING ATTORNEY: VINCENT A. FOLEY Foley & Foley Law Of fi ce, P.C. 22 East Kemp Avenue | Watertown, SD 57201

(605) 886-7281 TITLE WORK BY: FIRST DAKOTA TITLE - WATERTOWN 168 N Broadway | Watertown, SD 57201 (605) 886-5139

AUCTION MANAGERS: Bill Fretwell (660) 341-7735 Jim Huff (319) 931-9292 Dan Sullivan (319) 795-1833

(844) 847-2161 | [email protected] www.SullivanAuctioneers.com Sullivan Land Company, LLC | SD Lic. #15254

AUCTION INFORMATION

LOCATION TRACTS 1 - 11: Located approximately 5 miles northwest of Summit, SD (approximately 2 miles north of Ortley, SD). Ortley is located 30 miles north of Watertown, SD. These tracts are located in Sections 3, 4, 8 & 10, T122N•R52W, Ortley Township and Section 34, T123N•R52W, Alto Township, Roberts County, SD. From Summit, SD (Jct. of I-29 & 12) take Hwy. 12 west approximately 4.5 miles to 453rd Avenue (Lohre Rd.), then north approximately 3 miles to farm. Watch for presale directional signs. TRACTS 12 & 13: Located approximately 6 miles west of Summit, SD (approximately 1 mile south of Ortley, SD). Ortley is located 30 miles north of Watertown, SD. These two tracts are located in Section 33, T122N•R52W, Ortley Township, Roberts County, SD. From Summit, SD (Jct. of I-29 & 12) take Hwy. 12 west approximately 5.5 miles to 452nd Avenue, then south approximately 1.25 miles to 143rd Street, then west approximately 1/2 mile to farm. TRACTS 14 & 15: Land is located approximately 7 miles southwest of Summit, SD (approximately 4 miles south of Ortley, SD). Ortley is located 30 miles north of Watertown, SD. These two tracts are located in Sections 9, 16 & 17, T121N•R52W, Blooming Valley Township, Grant County, SD. From Summit, SD (Jct. of I-29 & 12) take Hwy. 12 west approximately 5.5 miles to 452nd Avenue, then south approximately 4.25 miles to 146th Street, then west approximately 1/2 mile to farm. TRACT 16: Land is located less than 2 miles from I-29, 14 miles north of Watertown, SD, in Section 16, T119N•R51W, Germantown Township, Codington County, SD. From Watertown, SD take I-29 north approximately 13 miles to Hwy. 20, then west approximately 1/2 mile to 457th Avenue, then north approximately 1 mile to farm.

AUCTIONEERS’ NOTE: Sullivan Auctioneers are very excited to bring you this unprecedented opportunity to purchase over 2,200 acres of South Dakota farmland. The majority of the tracts are under pivot irrigation, there is an unlimited source of water and all of the pivots will be conveyed to the new buyer(s).

James N. “Jim” Endres 1931 - 2018

The late Jim Endres was an entrepreneur, farmer, a state legislator, commercial real estate agent and enjoyed his Polled Hereford cattle. His & Greg’s cattle were winners at the Kansas City Royal, Denver Stock Show, Fort Worth Stock Show & they were also awarded the ‘Supreme Champion’ at the Watertown Farm Show in 2011. Anyone having any questions regarding the tracts are encouraged to attend our two day inspection: FRIDAY & SATURDAY, NOVEMBER 6 TH & 7 TH FROM 9:00 A.M. - 2:00 P.M. (Headquartered on Tract 1, near the grain bin) Greg Endres has farmed this land for many years, owns some of the land that is being offered and is very knowledgeable about the productivity, pivots, wells, etc. Greg is available with any questions you might have. Please feel free to give him a call at (605) 880-1711. This will be a live onsite auction; follow our website for covid-19 restrictions. Additionally, online bidding will be available, free of charge, with no buyer’s fee. Visit our website: www.SullivanAuctioneers.com or call (844) 847- 2161 for additional information.

‘01 South Dakota State Fair Greg Endres with daughter Emily and the Late James Endres

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PLAT MAP

2,228± ACRES (SUBJECT TO SURVEY) 16 TRACTS

ORTLEY

SUMMIT

Soil maps available online! SullivanAuctioneers.com

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TRACT INFORMATION

TRACTS 1-10

TRACT 1 • 160 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 154.66 acres farmland which in- cludes 131.51 acres under pivot irrigation. There is 21.31 acres enrolled in CRP (CP40) at a payment rate of $115.00 per acre expiring 9-30-2023. Also included is .74 acres NHEL (bin site) as well as 1.09 acres of non-cropland. • Valley 7-tower electric full circle pivot. • Renshaw-Fordville & Buss-Barnes soils • This parcel is improved with a 22,000 bu. grain bin with drying floor, fan & 2 sump un- loading auger. • Access is on the east by 453 rd Ave. and on the south by 138 th St. TRACT 2 • 160 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 151.67 acres farmland which in- cludes 120.26 acres under pivot irrigation. There is 19.53 acres enrolled in CRP (CP4D) at a payment rate of $115.00 per acre expiring in 9-30-2023. This parcel in- cludes 11.88 acres of non-cropland. • Valley 10-tower electric full circle pivot. • Soils include Renshaw-Sioux & Renshaw- Fordville • Access is on the east by 453 rd Ave. & on the north by 138 th St. TRACT 3 • 166 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 162.15 acres farmland which in- cludes 139.03 acres under pivot irrigation. There is 10.6 acres enrolled in CRP (CP38E-1) at a payment rate of $134.31 per acre expiring in 9-30-2023 and 5.89 acres enrolled in CRP (CP4D) at a payment of $115.00 per acre expiring in 9-30-2023. • This tract includes 5.78 aces of NHEL crop- land and 5.25 acres of non-cropland. • Valley 7-tower electric full circle pivot. • Renshaw-Sioux & Renshaw-Fordville soils. • Access is on the east by 453 rd Ave & on the south by 139 th St.

TRACT 4 • 40 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 38.50 acres farmland that is enrolled in CRP (CP38E-4D) at a payment rate of $131.15 per acre expiring in 9-30-2024. • Soils include Renshaw-Fordville & Vienna- Brookings • Access is on the east by 453 rd Ave. & on the north by 139 th St. TRACT 5 • 160 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 158.35 acres farmland which in- cludes 135.10 acres under pivot irrigation. There is 23.25 acres enrolled in CRP (CP38E-4D) at a payment rate of $131.15 per acre expiring in 9-30-2024. • Valley 7-tower electric full circle pivot. • Renshaw-Fordville & Renshaw-Sioux soils • Access is on the north by 139 th St. TRACT 6 • 40 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 38.95 acres farmland which is en- rolled in CRP (CP38E-4D) at a payment rate of $131.15 per acre expiring in 9-30- 2024. • Soils include Renshaw-Fordville & Renshaw- Sioux. • Access is on the north 139 th St. & on the west by 452 nd Ave. TRACT 7 • 121 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 124.96 acres farmland which in- cludes 53.85 acres enrolled in CRP (CP38E-1) at a payment rate of $134.31 per acre expiring in 9-30-2023 and 13.32 acres enrolled in CRP (CP4D) at a payment of $115.00 per acre expiring in 9-30-2023. The balance of this tract includes 53.73 acres of non-cropland that has been utilized as pastureland and offers attractive recre- ational acreage. • Please note: This tract includes an ease- ment for the well site that services the smaller 5-tower as well as the 1/2 circle pivot on Tract 9. • Renshaw-Sioux & Renshaw-Fordville soils. • Access is on the south by 139 th St. & on the west by 452 nd Ave.

TRACT 8 • 40 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 40.72 acres farmland which includes 30.80 acres in CRP (CP23) at a payment rate of $54.11 per acre expiring in 9-30- 2024 and 7.80 acres in CRP (CP4D) at a payment rate of $54.11 per acre expiring in 9-30-2024. This tract includes 2.12 aces of non-cropland. • Soils include Renshaw-Sioux • Access is on the southeast corner by way of 30’ ingress/egress easement extending south to 139 th St. TRACT 9 • 265 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 262.29 acres farmland which in- cludes 220.12 acres under pivot irrigation. There is 29.35 acres enrolled in CRP (CP4D) at a payment rate of $115.00 per acre expiring in 9-30-2023. This parcel in- cludes 12.82 acres of non-cropland. • This tract includes a Valley 7-tower electric full circle pivot, a Valley 5-tower full circle pivot as well as a Valley 7-tower half-circle pivot. • Please Note: The well that services the smaller 5-tower pivot and the 1/2 circle pivot on Tract 9 is located on Tract 7. • Renshaw-Fordville & Renshaw-Sioux soils. • Access in on the west by 452 nd Ave & on the north by 138 th St. TRACT 10 • 80 ACRES± (Subject to Survey) • FSA information should indicate approxi- mately 76.29 acres farmland which includes 62.07 acres in CRP (CP38E-4D) at a pay- ment rate of $116.38 per acre expiring in 9- 30-2030. The balance of this tract includes 7.68 acres of NHEL cropland and 6.54 acres of non-cropland. • Soils include Vienna-Buse & Vienna-Brookings. • Access is on the south by 138 th St. & on the west by 452 nd Ave.

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AERIAL MAP TRACTS 1-10 • ROBERTS CO.

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AERIAL MAP TRACT 11 • ROBERTS CO.

TRACT 11 • 160 ACRES± (Subject to Survey) • FSA information should indicate approximately 155.15 acres farmland which includes 131.72 acres under pivot irrigation and includes 11.31 acres NHEL and 8.47 acres HEL 23.43 acres of non-cropland. • Valley 9-tower electric full circle pivot. • Renshaw-Sioux soils. • Access is on the north by 139 th St. & on the east by 451 st Ave.

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AERIAL MAP TRACTS 12 & 13 • ROBERTS CO.

TRACT 12 • 170 ACRES± (Subject to Survey) • FSA information should indicate approximately 169 acres farmland which includes 134.82 acres under pivot irrigation and 34.18 acres of NHEL cropland. • Valley 7-tower electric full circle pivot. • Soils include Renshaw-Fordville & Renshaw Sioux. • Access is on the north by 143 rd St. & on the west by 451 st Ave. TRACT 13 • 74 ACRES± (Subject to Survey) • FSA information should indicate approximately 73.10 acres of NHEL farmland currently in hay production. • Renshaw-Fordville soils • Access is on the south by 144 th St.

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AERIAL MAP TRACTS 14 & 15 • GRANT CO.

TRACT 14 • 160 ACRES± (Subject to Survey) • FSA information should indicate approximately 156.12 acres farmland which includes 135.15 acres under pivot irrigation and 20.97 acres of NHEL cropland. • Valley 7-tower electric full circle pivot. • Soils include Renshaw-Fordville. • Access is on the south by 146 th St. & on the west by 451 st St. TRACT 15 • 320 ACRES± (Subject to Survey) • FSA information should indicate approximately 316.08 farmland including 268.74 acres under pivot irrigation in 2 separate Valley 7-tower full circle pivots. This parcel includes 17.1 acres enrolled in CRP (CP43) with a payment rate of $94.00 per acre expiring in 9-30-2030 and 7.12 aces of non-cropland. • Please Note: This 320 acre tract has 2 wells that are located in close proximity on the west 160. Both wells can service both pivots. • Renshaw-Fordville & Renshaw-Sioux soils • Access is on the north by 146 th St.

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AERIAL MAP TRACT 16 • CODINGTON CO.

TRACT 16 • 120 ACRES± (Subject to Survey) • FSA information should indicate approximately 116.90 acres farmland which includes 114.72 acres of NHEL cropland and 2.18 acres of non-cropland. • Soils include Vienna-Brookings & Renshaw-Fordville. • Access is on the north by 156 th St. & on the east by 457 th Ave.

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METHOD AND TERMS

Acreages in this advertisement are estimated. A survey will be completed prior to the sale on all 16 tracts. Tracts 1-16 will be sold on a price per acre basis based on acreages obtained from completed survey. Tracts 1-16 will be offered through the marketing method of "Buyer’s Choice" whereas the high bidder can purchase (in any order) any or all of Tracts 1-16 for their high bid. Bidding is NOT contingent upon financing. Immediately following the auction, the winning bidder(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment, payable to First Dakota Title, which shall hold the money in escrow until closing. The balance of the purchase price will be due at closing which will take place at First Dakota Title on or before December 17, 2020. Possession will be given at the time of closing. All tracts sell with full farming rights for the 2021 crop season. The 2020 real estate taxes will be paid by the sellers. Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between buyer & seller. All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold "AS IS".

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CONSIDERING A LAND OR EQUIPMENT AUCTION? We have auctions coming up in 10 states —we’ll travel anywhere!

CALL OR EMAIL FOR A NO OBLIGATION CONSULTATION. (844) 847-2161

Dan Sullivan

Joe Sullivan

Jim Sullivan

Bill Sullivan

Matt Sullivan

Luke Sullivan

Michael Sullivan

Bill Fretwell

Jim Huff

Jeff Hoyer

John Probasco

Dale Jones

Kevin Haas

Craig Hoyer

John Borrowman

Zach Hiner

Cody Holst

Kyle Ferguson

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Sullivan Auctioneers, LLC PO Box 111 Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

2,228± ACRES (SUBJECT TO SURVEY) 16 TRACTS

Roberts, Grant & Codington County

TUESDAY, NOVEMBER 17, 2020 AT 11:00 A.M. CST

Auction to be held at the Country Road Barn

Address: 45648 164th St. Watertown, SD 57201

THE LATE JAMES ENDRES AND GREG ENDRES (844) 847-2161 | [email protected] www.SullivanAuctioneers.com Sullivan Land Company, LLC | SD Lic. #15254