125.37 Acres in Chamberlain, SD - $332,230

125.37 ACRES LOCATION: This farmland is located in Lyman County, in central South Dakota 20 miles west of Chamberlain and Oacoma, SD and 63 miles southeast of Pierre, SD, the State Capitol of South Dakota. This property is in the heart of big farm, ranch, hunting and fishing country located on Highways 248 (old Hwy 16) within about a mile of Interstate 1-90 Exit 241, giving this property paved access to the world and easy delivery of crops to market. LEGAL DESCRIPTION: Lots 2, 3 & 4 and the SENW of Section 19, Township 105 North Range 74 West, Lyman County South Dakota containing 125.37 acres more or less. OWNERSHIP: This conveniently located farm land is owned by Eric Ganz and was previously part of the real estate owned by the late Senator Jim Abnor. ACCESS: This 125.37 acres of farmland lies adjacent to paved SD Hwy 248 (old Hwy 16) and about a mile from 1-90 Exit 241 providing easy clean access to markets and services and community resources. Rural water and electric utilities are close and available for future development. OPERATION: This Lyman County real farmland is currently subject to a cash lease for the 2017 growing season with the entitlement of payments in the amount of 10,060.00 negotiable depending on purchase and closing dates. According to FSA records, there are 123.93 crop acres and recent yields include 1,400/a sunflower, 80 bus./a corn and milo, and 40 bus./a winter wheat. SOILS: This farmland is comprised of Millboro silty clay with as high as an 86 productivity index and has an impressive productivity index weighted average of 76.1 that will provide the new owner with high yields of his or her choice of crops. TAXES: Real estate taxes are a modest $991.60 for 2017. PRICE: This property is priced to sell at $332,230.00 which is a reasonable $2,650.00/acre.