185.78+/- Acre Land Auction, Brookings Co., SD

date
address
Medary Township, Brookings County
Directions

    auction to be held “on site” at the land located from the Pheasant Restaurant in Brookings, SD (Jct. Main Ave. S & 8th St. S.) – 5 ¾ miles south on Co. Hwy. #77; or from the Elkton/Sinai Exit #127 on I-29 – 1½ miles west on Co. Hwy (217th St.) then 1½ miles south on Co. Hwy. #77 (471st Ave.)

      Sold For $7,200 Per Acre or $1,337,616.00

    Auctioneer Notes

      Irrigated/Dryland Parcels of land with the kind of location in Brookings, County, SD are very difficult to find. This is a desirable offering of Brookings County, SD land that must be seen to be appreciated! The property may be inspected by interested prospects at any time at their convenience. Please mark your calendars and plan to attend this auction, or if you are unable to attend and need to make arrangements to bid by phone, then contact the auctioneers prior to sale day to make arrangements. To View FSA Maps, Soils or Other Property Information, see www.suttonauction.com or burlagepeterson.com or contact the auctioneers.

    Overview

      LAND AUCTION

      +/-185.78 Acres of Well Located Irrigated Medary Township, Brookings, SD Land
      - That Includes a Center Pivot Irrigation System Located Adjacent to Old Hwy. #77
      and Within 5 Miles of Brookings, SD

      At the Option of the Purchaser - This property may be purchased with the buyer
      receiving full possession to farm and operate this land in 2022, or may be purchased
      with the existing one year lease for 2022 calculated at 183 acres x $245.00 per acre
      for a total amount of $44,835.00.

      This Property will be offered as a +/-185.78 Acre Unit. This property has an excellent location bordered on the east by Co. Hwy. #77 (471st Ave.). This is a parcel of land which has a high percentage tillable, very good eye appeal and a level to nearly level topography. According to the FSA information this farm has approx. 184.12 total acres of cropland, of which a large percentage is covered by a center pivot irrigation system; with a large percentage 135.14 acre corn base with a 151 bu. PLC yield and a 45.05 acre soybean base with a 41 bu. PLC yield. This property includes a Reinke Model 680 low pressure center pivot 9 tower (+/-1,422’ with a Valley Conversion Package) and also includes a Berkley elec. pump with a Marathon 50 HP 3 Phase motor, water for the system is provided by a holding pond. According to the Brookings County Assessor’s information this property has a total of approx. 185.78 acres, which the county has assessed in two parcels, with the north parcel consisting of approx. 83.78 acres which has a soil rating of .529 and the south parcel containing approx. 102 acres has a soil rating of .455; comparatively info. obtained from Surety Agri-Data indicates this land has a productivity index of 49.9. According to the SD Dept. of Natural Resources this parcel has an irrigation permit #2211A-3 which the license indicates has a pump rate of 1.78 cu. ft. per second on 164 acres with a water source being from a dugout/gravel pit and potentially benefitting additional sources as outlined in a recorded transfer document conveyed to the present owners in a deed dated April 30, 2004. This is an extremely well located property situated within 5 miles of Brookings, SD with excellent highway eye appeal. If you’re in the market for Brookings County, SD land as an addition to a farming operation or as an investment, then be sure to make plans to inspect this property and be in attendance on sale day!

    Description

      The SE ¼, Exc. H-1 thereof, and exc. the Medary Monument Site in the SE Corner thereof, and exc. Jorgensen Addition and exc. Block 3 of Vrchota Addition thereof; and the E½ SW¼, exc. Block 3 of Vrchota Add’n. thereof; and the S½ NE¼, exc. the W. 17 feet of the E. 50’ thereof, for highway purposes; and the S. 670’ of the E. 280’ of the NW¼; all in Sec. 26, T. 109N., R. 50W., (Medary Twp.), Brookings County, SD

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