160 +/- Acre Tillable Land & Building Site Auction

February 16, 2022 10:00 am

Oslo Township, Brookings County, SD

Bid Online!

Directions

We will offer at public auction the following land located from Volga, SD (corner of Samara Ave & Hwy. 14), 5 miles south on 464th Ave. (Samara Ave.) then 2 ¼ miles west on 216th St.

Sold As Unit For $8,775 Per Acre or $1,404,000.00

Auctioneer Notes

Auctioneers’ Note: 20 +/- Building Site & 140 +/- Nearly All Tillable Acres. This land would make for a good opportunity to add to your operation or land portfolio. This property will be offered in 2 separate tracts or as a complete unit. Acreage sites and land are in demand making this auction an excellent opportunity if you are in the market.

Overview

Tract I - 140 +/- Acres: This land is in a fantastic agricultural area and consists of 2 inside 80 acres with minimal waste on the land. This nearly all tillable piece has great eye appeal and according to Surety AgriData, the farm has a very good productivity index of 80.1 on the tillable acres with Class I & II soils.

Tract II - 20 +/- Acres: This tract would make a beautiful spot for someone to build a home as it is located less than a half mile off an oil road with rural water right at the site and electric located at the end of the driveway.

Per the FSA office, this land as an entire unit has 137.81 cropland acres with a 52.8 acre corn base with a PLC yield of 141, 64 acre soybean base with a PLC yield of 36, 8.7 acre wheat base with a PLC yield of 56, and 6.2 acre oat base with a PLC yield of 101. This farm is rented for the 2022 crop year and the new buyer will receive a seller enhanced credit in the amount of $35,000. This lease expires October 31, 2022.

Legal Description: SW ¼ NW ¼, NW ¼ SW ¼ SEC 9-109-51 & SE ¼ NE ¼, NE ¼ SE ¼ SEC 8-109-51 all in Brookings County, SD

For additional information, please check our website www.burlagepeterson.com or contact Auctioneers.
MAKE PLANS TO ATTEND THIS AUCTION AND COME PREPARED TO BUY.

Description

Legal Description: SW ¼ NW ¼, NW ¼ SW ¼ SEC 9-109-51 & SE ¼ NE ¼, NE ¼ SE ¼ SEC 8-109-51 all in Brookings County, SD

Terms

TERMS: 10% non-refundable earnest money deposit due day of sale; balance due on or before March 18, 2022. Closing fees & title insurance split 50/50 between buyers & sellers. Real Estate taxes for 2022 will be responsibility of the new owner. This property is sold subject to easements and restrictions, contracts, if any, and is sold subject to confirmation of owner. The farm is also offered as is, where is, without warrantees or guarantees of any kind. This property is leased for 2022 crop year with the written contract to expire on October 31, 2022; the new buyer of the unit or tract 1 will receive a seller-enhanced credit of $35,000 at closing for the 2022 rent. If Tracts are sold individually, the total acres will be determined by a survey. Information contained herein and all statements made herein believed to be accurate but not guaranteed. Statements made day of sale take precedence over all written material. Burlage Peterson Auctioneers & Realtors, LLC represent the seller in this transaction.

Owner

RYAN WINTER

Additional Information

LAND BROKERAGE FIRM & AUCTIONEERS Scott, Jim, Tyler, Lenny, Dustin & Jill - Burlage Peterson Auctioneers & Realtors, LLC. Land Brokers - Auctioneers - Realtors - Farm Managers.