625+/- Acre Land Auction, Brookings Co., SD

March 31, 2023 10:00 am

Swiftel Center, Brookings SD

Bid Online!

Directions

Located from White, SD (Corner Gas & Goodies & Hwy. 30) 3 miles East on Hwy. 30 and ½ mile North on 481st Ave.

Tract 1 Sold for $10,350 Per Acre; Tract 2 Sold for $8,750 Per Acre; Tract 3 Sold for $6,050 Per Acre; Tract 4 Sold for $146,000; Tract 5 Sold for $5,250 Per Acre

Auctioneer Notes

Here is an excellent opportunity to purchase up to 625 +/- acres of land in Sherman and Oak Lake Townships, Brookings, Co., SD. It includes tillable land, CRP, pasture and building site. Land also has 3 wind towers with a combined payment of $31,157.07 annually. The red property lines in the drone video are for reference only and do not depict exact boundary lines. Take the opportunity to purchase from 1 to 5 tracts land, these will be offered individually with no combinations. This auction will be conducted live at the Swiftel Center in Brookings, with online bidding available. Wind tower information is available under Info Sheet below.

Overview

Tract 1 – 151 +/- Acres This tract is located from White, SD (Corner Gas & Goodies & Hwy. 30) 3 miles East on Hwy. 30 and ½ mile North on 481st Ave. According to FSA information, this tract has approximately 146.45 acres tillable. This tract has an AgriData productivity index of 82.5. This tract has the following bases and yields - corn 72 acres - PLC yield 148; soybeans 72 acres - PLC yield 38. This tract also includes a wind tower.
Description: NW¼ except S 805’ of the N 1,668’ of the W 735’ of Sec 3, T-111-N, R-48-W, Brookings Co., SD

Tract 2 – 154.55 +/- Acres This tract is located directly across the road west of Tract 1. According to FSA information, this tract has approximately 138.87 tillable acres. This tract has an AgriData productivity index of 72.2. This tract has the following bases and yields - wheat - 19.5 acres - PLC yield 29; corn - 53.7 acres - PLC yield 148; soybeans - 19.9 acres - PLC yield 38. This tract also includes a 60’ x 105’ Morton Building built in 1998.
Description: NE¼ except the south 570.0' of the east 707.0' of government lot 1 and the north 24.0' of the east 707.0' of the S 1/2 of the NE 1/4 all in Section 4, 111-N, R-48-W Brookings, Co., SD

Tract 3 – 149.3 +/- Acres This tract is located directly North of Tract 1. According to FSA information, this tract has approximately 114.96 acres tillable. This tract has an AgriData productivity index of 69.2. This tract has the following bases and yields - wheat - 16 acres - PLC yield 29; corn - 44.2 acres - PLC yield 148; soybeans - 7.5 acres - PLC yield 38. This tract also has 11.48 acres in CRP at $69.20 per acre. The CRP contract expires on 9/30/2027. There are an additional 29.37 acres in CRP at $117.18 per acre. This CRP contract expires on 9/30/2023. This tract also includes a wind tower.
Description: SW¼ except The east 701.0' of the west 1,666.0' of the south 663.0' of the SW¼ of Sec 34, T-112-N, R-48-W, Brookings Co., SD.

Tract 4 – 10.7 +/- Acre Building Site This building site has rural water and electricity. If one buyer buys tracts 3 & 4, there will be no survey provided.
Description: The east 701.0' of the west 1,666.0' of the south 663.0' of the SW¼ of Sec 34, T-112-N, R-48-W, Brookings Co., SD

Tract 5 – 160 +/- Acres This tract is located directly North of Tract 2. According to FSA information, this tract has approximately 74.32 acres tillable. At the present time there is approximately 40+/- acres being tilled and approximately 90+/- acres of pasture that is well fenced and has rural water for livestock. This tract has an AgriData productivity index of 54.9. This tract has the following bases and yields - wheat – 10.4 acres - PLC yield 29; corn - 28.7 acres - PLC yield 148; soybeans - 3.7 acres - PLC yield 38. This tract has 23.03 acres in CRP at $104.91 per acre. The CRP contract expires on 9/30/2023. There is also a wind tower on this farm.
Description: SE¼ of Sec 33, T-112-N, R-48-W, Brookings Co., SD

All farms are available to farm for the crop year 2023.

Description

Legal Descriptions are listed within each Tract above.

Terms

10% non-refundable earnest money deposit due day of sale with balance due at closing on or before May 2nd, 2023. Title insurance and closing fees split 50/50 between buyer & seller. All parcels are free for possession for the 2023 crop year and the new buyer will receive immediate possession on all tracts. Building site buyer will receive possession at closing. The new buyers will be responsible for the 2023 RE taxes. The sellers and agents do not make any claims for boundary lines or total acres. Fences are not guaranteed to be accurate boundary line representations. Any new fencing will be the responsibility of the new buyers. This property is sold subject to easements and restrictions, if any, and is sold subject to confirmation of the owners. New buyers are responsible to conduct their own due diligence for future use and practices. Listed cropland acres are per the FSA office and are not guaranteed to be exact. The sellers do not provide any guarantees, warrantees or contingencies for parcels, and future access is not the responsibility of the seller. Information provided is believed accurate but not guaranteed, statements made day of sale take precedence over previous written material. Information contained herein and all statements made herein are believed to be accurate but not guaranteed. Auctioneers & Brokerage firm represents the sellers in this transaction. Buyer or seller may elect to do a 1031 Exchange. CRP payments for 2023 will go to the buyers upon AGI Compliance. The auction will be held live at the Swiftel Center in Brookings SD. Online and phone bidding is also available.

Owner

Cedric C. Raine Living Trust

Additional Information

Burlage Peterson Auctioneers & Realtors, LLC Jim, Scott, Tyler, Dustin, Lenny, Heather Land Brokers - Auctioneers - Realtors - Farm Managers 605-692-7102 or Office@burlagepeterson.com