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

September 17, 2026 10:00 am

Oak Lake Twp., Brookings Co., SD

Bid Online!

Directions

Located from White, SD, 3 miles north on 478th Ave. and 1 mile east on paved road 200th St. (Co. Rd. 44), or approx. 7 miles west from Lake Hendricks.

Tract 1 Sold for $10,000 Per Acre or $1,194,400.00 and Tract 2 Sold for $6,100 Per Acre or $732,000.00

Auctioneer Notes

This sale presents an opportunity to purchase 1 or 2 cropland farms, ideally located northeast of White, SD in Brookings Co. The farms will be offered individually or as a unit, with possession at closing or after the crop is off. The sale will be held at the land w/ online bidding available during the sale. No buyer’s premium!

Overview

Tract 1 – 119.44 +/- Acres: This quality corn and soybean farm is located on a paved road and has 109.99 Effective DCP Cropland acres, per the FSA office. Per Surety AgriData, the farm has a soil rating of 71.7 on the cropland acres, and is predominantly comprised of Vienna-Buse Complex and Kranzburg-Brookings Silty Clay Loams. The farm also has an active wind turbine with Buffalo Ridge and produces an annual production based payment averaging around $4,300 per year. Another benefit to the property is the addition of drain tile lines in portions of the farm that were just installed in 2020. The row crop farm will be offered individually or as a unit with Tract 2, and the sale will be held at the land.
Description: 119.44 +/- Acres in the SW ¼ Exc. Acreage, Sec. 20, T-112-N, R-48-W, Oak Lake Twp., Brookings Co., SD
Tract 2 – 120 +/- Acres: This farm is directly across the road to the west of Tract 1 and has 102.29 Effective DCP Cropland acres according to the FSA office, and is currently seeded to alfalfa hay, seeded approximately in 2020. The farm has a soil rating of 61.3 on the cropland acres and is predominantly comprised of Spottswood Loam & Buse-Barns Loams. This farm has highway frontage and good access on the east side. The farm does not currently have drain tile but does appear to have excellent capabilities for future tile and outlets. Offered individually or as a unit with Tract 1, don’t miss this land sale and strong opportunity to add 1 or 2 farms to your land portfolio!
Description: 120 +/- Acres in the SE ¼, Sec. 19, T-112-N, R-48-W, Oak Lake Twp., Brookings Co., SD

Description

119.44 +/- Acres in the SW 1/4 of Sec. 20, & 120 +/- Acres in the SE 1/4 of Sec. 19, T-112-N, R-48-W, Oak Lake Twp., Brookings Co., SD

Terms

10% non-refundable earnest money deposit is due on the day of the sale, with the balance due on or before October 19th, 2026. Closing fees will be split 50/50 between the buyer and seller. The seller will pay all 2026 real estate taxes, and the new buyer(s) will be responsible for the 2027 real estate taxes, payable in 2028. Current real estate taxes are $21.13 per acre for Tract 1 and $16.11 per acre for Tract 2. The new buyer of Tract 1 will begin receiving wind payments for the 2027 year after closing. Wind payments are production-based and may also include acreage and transmission line payments. The new buyer is responsible for providing any and all required information to the wind lease company to comply with the wind tower lease and to establish account information for future payment(s). The farms are sold subject to all easements and restrictions of record, if any, and are subject to confirmation of the owner. The farms will be sold by recorded deeded acres and will be offered as a unit or as two individual tracts. If both farms are sold to the same buyer(s), separate purchase agreements and closings will be made for each tract. Possession will be granted at closing or after the existing crop is removed. The farms are offered and sold “as is, where is,” without warranties or guarantees of any kind. Information contained herein and all statements made are believed to be accurate but are not guaranteed. Statements made on the day of the sale take precedence over all previous advertising and printed material. The seller and auctioneers do not guarantee that fences, if any, lie on the true property boundaries. Any new or future fencing, if needed, will be the responsibility of the buyer. Buyers are responsible for conducting their own due diligence regarding any current or future uses, practices, restrictions, easements, or other matters affecting the property. The successful high bidder(s) will be required to execute the purchase agreement(s) and initiate the earnest money deposit immediately following the sale. Preliminary title work was done on both tracts, with certain information applicable to specific tracts, not both. The seller intends to conduct a 1031 exchange on either one or both tracts, and buyers may also conduct a 1031 exchange, at their own expense and subject to their own tax and legal advice. The auctioneers and brokerage firm represent the seller in this transaction.

Owner

LC OLSON LLP

Additional Information

LAND BROKERS & AUCTIONEERS Burlage Peterson Auctioneers & Realtors, LLC Auctioneers – Land Brokers – Realtors – Farm Managers Office@burlagepeterson.com or 605-692-7102 Brookings – Watertown – De Smet