65.02 +/- ACRE LAND AUCTION RIGHT OUTSIDE BROOKINGS CITY LIMITS

December 7, 2023 10:00 am

Brookings Twp., Brookings Co. SD

Bid Online!

Directions

Located from Brookings SD & Hwy 14 Bypass, 0.25 miles west of Brookings on Hwy. 14, then 0.25 miles south on 16th Ave West

Sold for $4,900 Per Acre or $318,598.00

Auctioneer Notes

ATTENTION OUTDOOR RECREATIONAL & COUNTRY ENTHUSIASTS! This land presents an excellent opportunity for a quality parcel just 1 mile west of Brookings, SD city limits. This farm is ideal for hunting & recreational purposes. Auction conducted on site at the property with live & online bidding available. Don’t miss this sale if you are in the market!

Overview

This 65.02 +/- acre farm offers the opportunity for an excellent recreational property with established food plots, good grass, and an income stream. The land is located a ½ mile off paved Hwy. 14. The farm currently has 26.80 acres enrolled into CRP. The contract is enrolled at $209.50 per acre and runs through 2027. The remaining acres consist of grass on the southern part of the property providing additional hay income. The property is lush with pheasants & deer, newly planted trees boasting beautiful views, deer stands, and new fencing in a private country setting close to town. The new buyer will receive the 2024 CRP payment. Don’t miss this opportunity.

Description

BOETTCHER ADDN BLOCK 1 & 3 IN NE 1/4 OF SW 1/4, SW 1/4 OF NE 1/4 & S20' OF NW1/4 NE 1/4 & S 35' OF NE 1/4 OF NE 1/4 SEC 21-110-50, Brookings Twp., Brookings Co., SD

Terms

10% non-refundable earnest money deposit due day of sale with balance due on or before January 9th, 2024. Title Insurance and Closing Fee split 50/50 between buyer and seller. New buyer will receive possession at closing, as farm is not rented in 2024. Future CRP payments are subject to any required midterm maintenance. The sellers will pay the 2023 real estate taxes due and payable in 2024. The acres in the parcels will be based on the acres as stated on the county tax records. Sellers do not guarantee that existing fences lie on the true boundaries, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. The cropland acres, yields and bases are per the FSA office. Property sold as is, where is without warrantees or contingencies, and subject to existing easements, restrictions, and subject to confirmation of owners. Information and statements contained herein are believed to be accurate but not guaranteed. The new buyer(s) are responsible to work with Brookings County and conduct their own due diligence for future uses of the property. Buyers or sellers may conduct a 1031 exchange. Any personal property remaining of sellers will be removed by April 30th, 2024. If any property remains after that date, it will then transfer to the new property owner. Burlage Peterson represents the sellers in this transaction.

Owner

Corey & Alethea Caraway

Additional Information

LAND BROKERAGE & AUCTIONEER FIRM: Burlage Peterson Auctioneers & Realtors, LLC Land Brokers - Auctioneers - Realtors - Farm Managers Office@burlagepeterson.com or 605-692-7102