72 +/- Acre Land Auction, Bangor Twp., Brookings Co., SD

June 2, 2022 10:00 am

Bangor Twp., Brookings Co., SD

Bid Online!

Directions

Located from Volga SD, 5 miles west on Hwy 14 & 1 ½ miles north on 459th Ave., or approx. 5 miles east of Arlington.

Sold For $9,500 Per Acre or $684,000.00

Auctioneer Notes

Auctioneers’ Note: Inside farm with expiring CRP contract! This sale will be conducted live on site, with online bidding available. This farm presents an excellent opportunity for a quality parcel on a paved road that could potentially be utilized for row crops, pasture, hay ground, or CRP. Don’t miss this sale if you are in the market!

Overview

This 72 +/- acre farm offers potential for many different uses or practices. The farm currently has 69.63 acres enrolled into CRP, with 68.2 acres expiring on 9/30/2022. The new buyer will have the option to re-enroll a new CRP contract before July 31st. Per the Brookings County FSA Office, the potential CRP renewal for contract #1790 would be for an estimated $230 per 68.2 acres. The remaining 1.43 acres is enrolled for $148.97 per acre to 2027. The farm predominantly is comprised of Class II soils and has a soil productivity rating of 70.8. Per the FSA office, the farm has 69.63 cropland acres. This farm has an excellent location on a paved road, and is ideal for continued CRP conservational and recreational uses, or for an ag operator looking for hay, row crop or pasture land. The new buyer will receive possession at closing.

Description

N ½ of the SE ¼, Exc. R.R., 72+/- acres, Sec. 11, T-110-N, R-52-W, Bangor Twp., Brookings Co., SD

Terms

10% non-refundable earnest money deposit due day of sale with balance due on or before July 12th, 2022. Closing fees & title insurance split 50/50 between the buyer and seller. The seller will receive the 2022 CRP payments and will pay all 2022 RE taxes, payable in 2023. The new buyer will begin receiving any & all CRP payments beginning in 2023. The new buyer will have the opportunity to re-enroll the expiring CRP acres into a new contract, and must do so with the FSA office prior to July 31st, 2022. The seller does not warranty or guarantee that existing fences, if any, lie on true and accurate boundary lines. New fencing, if any, is the responsibility of the new buyer pursuant to SD statutes. The property is sold subject to existing easements and restrictions, if any, and reservations or highways of records. The farm is also sold subject to owners confirmation. All statements made and information provided is believed accurate but not guaranteed. Statements made the day of sale take precedence over previous written or stated information. Perspective buyers are responsible to conduct their own due diligence for any and all potential usages on the property, and any information containing to current or future easement or conservational programs. The brokerage firm represents the seller in this transaction.

Owner

HAROLD A. CHRISTIANSON ESTATE - OWNER

Additional Information

Tim Hogan, Ribstein & Hogan Law Firm; Attorney for Estate LAND BROKERAGE & AUCTIONEER FIRM: Burlage Peterson Auctioneers & Realtors, LLC Tyler, Lenny, Scott, Jim, Dustin & Jill Land Brokers - Auctioneers - Realtors - Farm Managers Office@burlagepeterson.com or 605-692-7102 Don Larson, Larson Auction Service; 605-695-4210