144.90 +/- Acre Land Auction, Brookings County, SD

March 27, 2025 10:00 am

Alton Twp., Brookings Co., SD

Bid Online!

Directions

Located from Brookings, SD, 10 miles east on Hwy. 14 & 3.5 miles north on 483rd Ave., or from Elkton, 5 miles north, then 3 miles west on Hwy. 14 & 3.5 miles north on 483rd Ave.

Sold for $11,000 Per Acre or $1,593,900.00

Auctioneer Notes

This auction presents an opportunity to purchase a quality row crop and pasture farm that is well located in a strong agricultural area in Brookings Co. The new buyer will receive possession at closing, with early access available after the sale. Don’t miss this sale & visit www.burlagepeterson.com for sale terms & info.

Overview

This land sale offers an excellent opportunity to purchase a well-located Brookings Co. farm, close to many ag communities and the Aurora Ethanol plant. The farm is predominantly tillable and comprised of strong Class II soils, featuring Barnes Clay Loam & Vienna-Brookings Complex, with a soil rating of 76.5 on the cropland acres. In accordance with the FSA office, the farm has 100.78 DCP cropland acres with a corn PLC Yield of 125 and a soybean PLC yield of 33, and the farm also approximately 41.95 +/- pasture acres with existing fences and a dug out. Don’t miss this sale for a farm that will make an excellent addition to your land portfolio!

Description

NW ¼ Exc. Acreage in Sec. 1, T-110-N, R-48-W, Alton Twp., Brookings Co., SD

Terms

10% non-refundable earnest money deposit due day of sale; balance due on or before April 30th, 2025. Closing fees split 50/50 between buyer & sellers. The farm is free for possession at closing for this 2025 year, and the buyer may receive early access for field work before closing with permission from the seller. The sellers will pay the 2024 taxes, and the buyers are responsible for the 2025 taxes payable in 2026. This property is sold as is, where is, without warrantees, guarantees or contingencies, and sold subject to easements and restrictions, if any, and subject to confirmation of owner. The information contained herein and all statements made are believed accurate but not guaranteed. The preliminary title will be ordered prior to the sale. The sellers do not guarantee fences lie on the true boundaries. New fencing, if any, is the buyer’s responsibility. The land will be sold by the acre and the sellers have provided an updated survey. 2.80 acres around the acreage have recently been sold and have been surveyed off. The FSA acres in this ad have been adjusted to reflect that. The auctioneers and brokerage firm represent the seller in this transaction. Parties are welcome to conduct a 1031 exchange.

Owner

L & J OPPELT LIV. TRUST – OWNER; MARK STEVENSON, FIRST BANK & TRUST - TRUSTEE

Additional Information

Burlage Peterson Auctioneers & Realtors, LLC Land Brokers - Auctioneers - Realtors - Farm Managers Office@burlagepeterson.com or 605-692-7102 317 4th St., Brookings SD, 57006