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

November 12, 2018 12:00 am

Brookings County, SD

Directions

Sold for $5,850 per acre

Auctioneer Notes

This auction presents an excellent opportunity to purchase a 159.34 +/- acre unimproved farm that is all tillable except for roads. Now is the time to add this farmland to your operation or investment portfolio. This farm has been in the Lorenzen Family for over half a century, is all tillable with good eye appeal and a gentle slope to the north. The farm has predominately Class II soils with PLC corn yield of 100 bushels, PLC wheat yield of 48 bushels and PLC soybean yield of 31 bushels. According to Surety AgriData, the farm has a productivity index of 60.9. Don’t miss the opportunity to buy this farm in the highly productive Parnell Township. This farm would make a good investment for a farmer or investor and is free to farm in 2019.

Overview

Tract I – 79.67 +/- All-Tillable Acres

Legal Description: W ½ of SE ¼ of Section 1, T-109-N, R-48-W, Parnell Twp., Brookings Co., SD.

Tract II – 79.67 +/- All-Tillable Acres

Legal Description: E ½ of SE ¼ of Section 1, T-109-N, R-48-W, Parnell Twp., Brookings Co., SD.

If Tracts are sold individually, they will be surveyed and marked. If sold as a Unit, there will be no survey.

Description

Terms

10% non-refundable earnest money deposit due the day of sale with balance due on or before December 17, 2018. Each Tract will be offered individually or as a Unit. Title insurance and closing fee split 50/50 between buyer & seller. Seller to pay 2018 real estate taxes due and payable in 2019. Seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. Information contained herein is believed to be correct but is not guaranteed. This property is sold subject to existing lease for 2018 crop year, easements and restrictions, if any, and is sold subject to confirmation of the personal representative. Information contained herein and all statements made herein are believed to be accurate but not guaranteed. Auctioneers represent the seller in this transaction.

Owner

NORBERT LORENZEN ESTATE

Additional Information

Todd Lorenzen, PR Jess J. Ronning, Brookings SD, Atty. for Estate

What our clients say about us!

Our family personal and farming operations have utilized Burlage Peterson Auctioneers and Realtors
for more than 30 years. They have provided exceptional support in the acquisition
and sale of both agricultural farmlands as well as personal real estate.
The firm has always provided individualized, professional support in all our
real estate transactions. They are market knowledgeable and always current on existing
and changing trends in the marketplace.Absolutely top notch! Highly recommend!

Burlage-Peterson helped us sell our house with their auction service.
Burlage-Peterson provided us with a great team to complete this process.
They were professional, respectable, and very caring of our needs from start to closing.

Previous Next