80.22 +/- Acre Land Auction, Brown Co., SD

December 10, 2021 10:00 am

Bath Twp., Brown County, SD

Bid Online!

Directions

We will offer at public auction the following land located from Aberdeen SD 3 miles east on Hwy. 12 & 1 ½ mile north on 394th Ave. Or from Poet Bioprocessing Plant of Groton SD, 10 miles west on Hwy. 12 & 1 ½ mile north on 394th Ave.

Sold for $9,350 Per Acre or $750,057.00

Auctioneer Notes

This auction presents an excellent opportunity to purchase a quality inside 80 +/- acre farm that is predominantly tillable. The farm is primarily comprised of Class II soils and features a strong productivity soil rating. The land has been in the Borchardt family for many years and now is available to add to your legacy & portfolio! Don’t miss this sale!

Overview

80.22+/- Acres - This farm presents the opportunity to purchase a strong producing inside 80.22 +/- acre farm that is located in a good agricultural area. Per the FSA office the farm has 74.33 DCP cropland acres with a 37.91 acre corn base and PLC yield of 146, and a 36.29 acre soybean base with a 48 PLC yield. The primary soil representing this farm is Great Bend-Beotia Silt Loam, and the farm has a total weighted productivity rating of 77.6, ideal for corn and soybeans. The farm has a gentle laying topography and an excellent location north of Hwy. 12, within close proximity to Aberdeen, Groton, Bath, and the Poet Ethanol Plant. The existing lease expires after the 2022 crop year, and the new buyer will receive a rent credit at closing of $150 per acre. This farm presents an excellent opportunity for a quality cropland inside parcel that would fit ideally into your farming or investor portfolio!

Description

S ½ of the NE ¼, Sec. 12, T-123-N, R-63-W, Bath Twp., Brown Co., SD.

Terms

10% non-refundable earnest money deposit due day of sale; balance due on January 21, 2022. Closing fees & title insurance split 50/50 between buyers & sellers. The farm will sell with the existing lease covering the 2022 crop year. The new buyer will receive a seller enhanced credit at closing for the 2022 rent payment based off 80 acres. This property is sold subject to easements and restrictions, if any, and is sold subject to confirmation of owners. The farm is also offered as is, where is, without warrantees or guarantees of any kind. 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. The sellers will be conducting and providing a survey and the farm will be sold based off the updated survey & total acres of new record. The auction will be conducted at the farm. Ronald D. Borchardt is a licensed real estate agent in the state of South Dakota. The brokerage firm & auctioneers of Burlage Peterson Auctioneers & Realtors, LLC represent the sellers in this transaction.

Owner

RONALD D. BORCHARDT & POURAN B. BORCHARDT TRUST

Additional Information

Land Brokerage Firm & Auctioneers: Tyler & Lenny Burlage, Jim & Scott Peterson Jill M. Cooper, Business Manager Burlage Peterson Auctioneers & Realtors, LLC 605-692-7102 or Office@burlagepeterson.com