142 +/- Acre Land Auction, Parnell Twp., Brookings Co., SD

November 17, 2020 12:00 am

Brookings County, SD

Directions

SOLD FOR $3,350 PER ACRE or 475,700.00

Auctioneer Notes

WE WILL OFFER AT PUBLIC AUCTION THE FOLLOWING LAND LOCATED FROM BROOKINGS SD, (INTERSTATE 29 EXIT 132) 5 MILES EAST ON HWY 14 & 2 ½ MILES SOUTH ON 478TH AVE. OR FROM AURORA SD, 2 MILES EAST ON 214TH ST & ½ MILE SOUTH ON 478TH AVE.

Overview

This 142 +/- acre farm in Parnell Twp. offers mixed uses and would be attractive for many different buyers. The farm has been enrolled into CRP, with the existing contract expiring in Fall of 2020. The new buyers will have the choice to re-enroll 121.27 acres on this farm into a new CRP contract before closing, or to not enroll and utilize the farm for other uses or needs. The farm predominantly is comprised of Lamoure-Rauville Silty Clay Loams, Divide Loam and Moritz-Lamoure complex soils, and according to the FSA office the farm has 127.15 cropland acres. The farm has a gentle and level slope, and offers some mature trees ideal for shelter belts and protection. Overall, this is an ideal farm for an agricultural operator looking for hay, row crop or pasture land. This farm could be a haven for a hunter or recreational enthusiast, and has potential for conservational or grassland easement programs. New buyer responsible for any new seeding and planting. Please view documents below for more information. Immediate Possession Granted to New Buyer.

Description

SW ¼ Excluding R.R. & 6+/- Acre Acreage, Sec. 6, T-109-N, R-48-W, 142+/- Acres, Brookings Co, SD

Terms

10% non-refundable earnest money deposit due day of sale with balance due on or before December 30th, 2020. Closing fee and title insurance split 50/50 between buyer and seller. The seller does not warranty or guarantee that existing fences lie on the true & correct boundaries and any new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes. Seller will pay all 2020 RE taxes, payable in 2021; buyer will receive immediate possession. This property is sold subject to easements and restrictions, if any, reservations and/or highways of record, and is sold subject to confirmation of owners. Information contained herein, and all statements made herein are believed to be accurate but not guaranteed. Any announcements made the day of the sale shall take precedence over written materials. Buyer will have option for farm enrolled into new CRP contract prior to closing, and will be responsible for re-seeding or planting required from FSA office. Buyers responsible to conduct due diligence on any and all potential easement programs and requirements through FSA & NRCS Office. Auctioneers represent the sellers. Parties may conduct a 1031 exchange.

Owner

Max L. Freeman Trust

Additional Information

Ruth Ann Sutter (Executive) & Maxine Johnson - Heirs JEROME B. LAMMERS, LAMMERS KLEIBACKER, LLP; ATTORNEY FOR TRUST AUCTIONEERS & REALTORS, LLC TYLER & LENNY BURLAGE, JIM & SCOTT PETERSON BURLAGE PETERSON AUCTIONEERS & REALTORS, LLC 605-692-7102 OR OFFICE@BURLAGEPETERSON.COM