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

June 8, 2021 12:00 am

Brookings County, SD

Directions

SOLD FOR $7,800 PER ACRE OR $3,446,898.00

Auctioneer Notes

This Aurora Twp., Brookings County, SD land presents an excellent opportunity to purchase up to 441.91 +/- acres of good, nearly all tillable land. Tract I includes 2 Valley Irrigation Systems and Tract II has over 17,000 ft of drain tile. This is a strong agricultural area right on Highway 14 close to Valero Renewable Fuels and SD Soybean Processors. Some of this land has been in the family for 85 years. Now is the time if you are in the market for land that could serve as an outstanding addition to a row crop farming or investment portfolio.

Overview

Tract I – 293.44 +/- Acres: This nearly all-tillable farm lays level with good eye appeal and great access being located right on Hwy 14. This farm has 2 Valley Irrigation Systems with one 8-Tower System and with one 7- Tower Corner System. According to FSA information, this farm is made up of good Class II soils.

Legal Description: SE 1/4 Includes OL “B” Exc. H-2 and the SW 1/4 Exc. Lot 1 & Exc. N 244.04' of S 765.13' of W 850' & Exc. Hwy & Exc. Lot 2A all in Sec. 22, T-110-N, R-49-W, Brookings Co., SD

Tract II – 148.47 +/- Acres: This nearly all-tillable farm joins Tract 1 to the north. This farm has good access and over 17,000 ft of drain tile. According to FSA information, this farm is made up of good Class II soils.

Legal Description: NW 1/4 Except Wastell’s Addn. of Sec. 22, T-110-N, R-49-W, Brookings Co., SD

FSA reports 438.66 Cropland Acres and 424.7 Base Acres with a 222 acre corn base and 152 bu PLC yield; a 165.4 acre soybean base and 48 bu PLC yield; and a 37.3 acre wheat base and 44 bu PLC yield.

Description

Terms

10% non-refundable earnest money deposit due day of sale; balance due on or before November 15, 2021. Closing fees split 50/50 between buyer & sellers. Sellers will pay 2021 real estate taxes due and payable in 2022 with the new buyer to pay all future real estate taxes. This property is sold subject to easements and restrictions, contracts if any, and is sold subject to confirmation of owners. Information contained herein and all statements made herein are believed accurate but not guaranteed. Sellers do not guarantee fences lie on true boundary lines. New fencing, if any, is buyer’s responsibility. Buyers or Sellers may elect to do a 1031 exchange. Burlage Peterson Auctioneers & Realtors, LLC represent the sellers in this transaction.

Owner

C & M FARMS, LLC

Additional Information

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.

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