ESTATE LAND AUCTION +/-118.97 Acres of Multifaceted Well Located Buffalo Township, Minnehaha County, SD Land with a Mixture of Productive Cropland, Hayland/ Pasture & Hunting and Recreational Habitat & 2 Rural Housing Eligibilities On behalf of the Heirs of the Heirs of Walter Schaefer, Sr., we will offer the following real property at auction "On Site at the Land" - Located from Colton, SD-7 miles west on Co. Hwy. #110 (248 th St.) to Buffalo Trading Post on Hwy. #19, then 3 miles north on Hwy. #19, 1 mile west on 245 th St. (Co. Hwy. 104) and 1/4 mile south on 456 th Ave. to the NE Corner of the land; from Humboldt, SD - 13 miles north on Hwy. #19 to 245 th St., then 1 mile west on 245 th St. and 1/4 mile south on 456 th Ave.; or from Madison, SD - 10½ mile south on Hwy. #19, then 1 mile west on 245 th and 1/4 mile south on 456 th Ave. SALE DATE: WEDNESDAY FEBRUARY 4, 2026 Sale Time: 10:00 AM This auction presents the opportunity to purchase a multifaceted parcel of land with a mixture of productive cropland, as well as acres of hayland, pasture, with areas that potentially could provide some hunting and recreational opportunities for deer, pheasants, waterfowl and other area wildlife which may be enhanced by the location of this property being situated in a triangle between Diamond Lake, Buffalo Lake and Island Lake. Additionally, this property has some hillsides and scenic locations for utilization of the housing eligibility(s) or as a hobby/recreational farm and/or addition to an area farming operation or investment. This property consists of a parcel of Minnehaha County, SD land that will be sold in accordance with surveyed acres as determined by Midwest Land Surveying, Inc. According to FSA information this farm is indicated to have 120.46 acres of Farmland with 96.98 acres of cropland with a 59.90 acre corn base with a 125 bu. PLC yield, an 11.50 acre soybean base with a 37 bu. PLC yield and a small 3.80 acre oats base with a 60 bu. yield; although currently it appears that approx. 72.43 acres were planted to beans in 2025, with the remainder of the cropland acres utilized as hayland and approx. 23.48 acres were utilized as pastureland, which is poorly fenced. The general topography of the cropland is gently rolling to rolling and the pasture is gently rolling to hilly. According to information obtained from Surety Agri Data Inc. this land has a soil productivity index of 63. According to M'haha. County Planning and Zoning this parcel of land has 2 rural housing eligibilities with one available and one by conditional use. This property with the housing eligibility(s) could be a hobby farm with areas that afford some hunting and recreational opportunities, and in its current mode of operation would be a property well suited to serve as an addition to an area crop- livestock operation or investment property that could provide both income and recreational opportunities. LEGAL DESC.: The SE¼4 NW 1/4 and the S ½ NE 4, Except Valland's Add'n., in Sec. 8, T. 104N., R. 52W., (Buffalo Twp.), Minnehaha County, SD. TERMS: Cash - A 10% nonrefundable downpayment on the day of the sale and the balance on or before March 20,, 2026, with possession for the 2026 crop year. Sold subject to confirmation of the owners. To view full terms and other information or to make arrangements for online and or phone bidding contact the auctioneers or see www.suttonauction.com. HEIRS OF WALTER SCHAEFER, Owners Richard L. Ericsson - Nelson & Ericsson Law Firm Madison, SD - Attorneys & Closing Agents for the Owners - CHUCK SUTTON - Auctioneer & Land Broker Sioux Falls, SD - ph. 605-336-6315 & Flandreau, SD ph. 605-997-3777 WAYNE BESSMAN - RE Auctioneer - Madison, SD ph. 605-270-4980 JARED SUTTON, CAI Auctioneer & RE Broker Associate - Flandreau, SD - ph. 605-864-8527 & GAGE GULLICKSON Auctioneer & RE Broker Assoc. Flandreau, SD ph. 605-651-3867 - ESTATE LAND AUCTION +/- 118.97 Acres of Multifaceted Well Located Buffalo Township , Minnehaha County , SD Land with a Mixture of Productive Cropland , Hayland / Pasture & Hunting and Recreational Habitat & 2 Rural Housing Eligibilities On behalf of the Heirs of the Heirs of Walter Schaefer , Sr. , we will offer the following real property at auction " On Site at the Land " - Located from Colton , SD - 7 miles west on Co. Hwy . # 110 ( 248 th St. ) to Buffalo Trading Post on Hwy . # 19 , then 3 miles north on Hwy . # 19 , 1 mile west on 245 th St. ( Co. Hwy . 104 ) and 1/4 mile south on 456 th Ave. to the NE Corner of the land ; from Humboldt , SD - 13 miles north on Hwy . # 19 to 245 th St. , then 1 mile west on 245 th St. and 1/4 mile south on 456 th Ave .; or from Madison , SD - 10½ mile south on Hwy . # 19 , then 1 mile west on 245 th and 1/4 mile south on 456 th Ave. SALE DATE : WEDNESDAY FEBRUARY 4 , 2026 Sale Time : 10:00 AM This auction presents the opportunity to purchase a multifaceted parcel of land with a mixture of productive cropland , as well as acres of hayland , pasture , with areas that potentially could provide some hunting and recreational opportunities for deer , pheasants , waterfowl and other area wildlife which may be enhanced by the location of this property being situated in a triangle between Diamond Lake , Buffalo Lake and Island Lake . Additionally , this property has some hillsides and scenic locations for utilization of the housing eligibility ( s ) or as a hobby / recreational farm and / or addition to an area farming operation or investment . This property consists of a parcel of Minnehaha County , SD land that will be sold in accordance with surveyed acres as determined by Midwest Land Surveying , Inc. According to FSA information this farm is indicated to have 120.46 acres of Farmland with 96.98 acres of cropland with a 59.90 acre corn base with a 125 bu . PLC yield , an 11.50 acre soybean base with a 37 bu . PLC yield and a small 3.80 acre oats base with a 60 bu . yield ; although currently it appears that approx . 72.43 acres were planted to beans in 2025 , with the remainder of the cropland acres utilized as hayland and approx . 23.48 acres were utilized as pastureland , which is poorly fenced . The general topography of the cropland is gently rolling to rolling and the pasture is gently rolling to hilly . According to information obtained from Surety Agri Data Inc. this land has a soil productivity index of 63. According to M'haha . County Planning and Zoning this parcel of land has 2 rural housing eligibilities with one available and one by conditional use . This property with the housing eligibility ( s ) could be a hobby farm with areas that afford some hunting and recreational opportunities , and in its current mode of operation would be a property well suited to serve as an addition to an area crop- livestock operation or investment property that could provide both income and recreational opportunities . LEGAL DESC .: The SE¼4 NW 1/4 and the S ½ NE 4 , Except Valland's Add'n . , in Sec . 8 , T. 104N . , R. 52W . , ( Buffalo Twp . ) , Minnehaha County , SD . TERMS : Cash - A 10 % nonrefundable downpayment on the day of the sale and the balance on or before March 20 ,, 2026 , with possession for the 2026 crop year . Sold subject to confirmation of the owners . To view full terms and other information or to make arrangements for online and or phone bidding contact the auctioneers or see www.suttonauction.com . HEIRS OF WALTER SCHAEFER , Owners Richard L. Ericsson - Nelson & Ericsson Law Firm Madison , SD - Attorneys & Closing Agents for the Owners - CHUCK SUTTON - Auctioneer & Land Broker Sioux Falls , SD - ph . 605-336-6315 & Flandreau , SD ph . 605-997-3777 WAYNE BESSMAN - RE Auctioneer - Madison , SD ph . 605-270-4980 JARED SUTTON , CAI Auctioneer & RE Broker Associate - Flandreau , SD - ph . 605-864-8527 & GAGE GULLICKSON Auctioneer & RE Broker Assoc . Flandreau , SD ph . 605-651-3867 -