147 +/- Acre Land Auction, Moody County, SD

April 10, 2025 10:00 am

Riverview Twp., Moody County, SD

Bid Online!

Directions

Located from the Nunda – Ward Exit #121 on I-29, 2 ½ miles east on 223rd St., then 2 miles north on 475th Ave., then 1 mile west on 221st St., then ½ mile north on 474th Ave. to the SW corner of the farm; or from the Elkton Exit #127 on I-29, 2 ½ miles east on Hwy 324, then 3 miles south on 475th Ave., then ½ mile west on 220th St. (minimum maintenance road) to the NE corner of the farm.

Auctioneer Notes

This auction presents a fine opportunity to obtain a wonderful farm with a great location. The auction will occur on-site with online bidding available during the sale.

Overview

Live Auction On-Site with Online Bidding Available

According to FSA information, this 147 +/- acre farm has approximately 131.55 acres of tillable land with an AgriSurety productivity index of 70.6. The primary soil types consist of Doland Loam and Houdek Clay Loam. This farm has the following bases and yields: wheat 21.2 acres with PLC yield of 30 bu., corn 50.4 acres with a PLC yield of 150 bu., soybeans 42.6 acres with a PLC yield 45 bu. This 147 +/- acre farm is currently rented for the 2025 crop year with the new buyer will receive a rent credit at closing of $32,250. The land has a good location close to I-29 near Brookings, Elkton, Flandreau and Sioux Falls, SD.

Description

NW ¼ of Sec. 4, T-108-N, R-49-W, Riverview Township, Moody County, SD

Terms

10% non-refundable earnest money deposit due day of sale; balance due on or before May 15th, 2025. Closing fees & title insurance will be split 50/50 between buyer(s) & sellers. The farm is rented for the 2025 crop year with the new buyer(s) to receive a rent credit in the amount of $32,250 at closing and will receive possession after the lease expires. The seller will pay the 2024 taxes payable in 2025, and the new buyer(s) is responsible for the 2025 taxes payable in 2026 and beyond. This property is sold subject to easements, restrictions and contracts, if any, and is sold subject to confirmation of owners. The farm is offered as is, where is, without warrantees or guarantees of any kind and sold by the acre according to recorded deeded acres. Information contained herein, and all statements made are believed accurate but not guaranteed. Sellers do not guarantee fences lie on the true boundaries. New fencing, if any, is the buyer’s responsibility. The buyer(s) are responsible for conducting their own due diligence for current or future uses and practices. Statements made on the day of sale take precedence over any previously written material. Buyer(s) or seller may elect to do a 1031 exchange. The auctioneers and brokerage firm represent the sellers in this transaction.

Owner

AGNES (NADINE) JONES ESTATE

Additional Information

Burlage Peterson Auctioneers & Realtors, LLC Office@burlagepeterson.com or 605-692-7102 Sutton Auctioneers & Land Brokers, LLC Office@suttonauction.com or 605-336-6315