80 +/- Acre Land Auction, Lake Hendricks Twp., Brookings Co., SD

March 22, 2019 12:00 am

Brookings County, SD

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SOLD FOR $5,250 PER ACRE

Auctioneer Notes

This auction presents an excellent opportunity to purchase 80 +/- acres of good, nearly ALL TILLABLE land. Immediate possession for 2019, good hunting area! Inside 80 acre farm. Strong row crop farm, high return opportunities!

Overview

This inside 80 +/- acre farm represents an excellent opportunity to add a strong yielding row crop farm to your portfolio. This nearly all tillable farm produces strong yields and would generate a good cash rent return, and is also located in a very strong area for recreational hunting activities as it is less than 2 miles away from Lake Hendricks. The farm is predominantly made up of strong Class II Soils, Singsass-Waybay & Singsass-Buse Complex, and has a total productivity rating of 79.3, making this an exceptional corn & soybean farm. According to the FSA Office the farm has 76.79 cropland acres with a corn base of 33.6 acres, PLC yield of 151 bu., a soybean base of 12.1 acres, PLC yield of 33 bu., and a wheat base of 18.2 acres, PLC yield of 48 bu. This nearly all tillable, inside piece had approx.. 1.3 acres recently broken and added to crop production. The farm is free and clear for 2019 crop year, new buyer will receive immediate possession after sale. Don’t miss this opportunity!

Description

E ½ of SW ¼, Sec. 33, T-112-N, R-47-W, Lake Hendricks Twp., Brookings Co., SD

Terms

10% non-refundable earnest money deposit due day of sale with balance due on or before April 26, 2019. Closing fee and title insurance split 50/50 between buyer and seller. The seller does not warranty or guarantee that existing fences lie on the true & correct boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes. New buyer will receive immediate access for 2019 crop year. Buyer will pay all 2019 RE taxes, payable in 2020. This property is sold subject to easements and restrictions, if any, reservations and/or highways of record, and is sold subject to confirmation of owner. Information contained herein, and all statements made herein are believed to be accurate but not guaranteed. Any announcements made the day of the sale shall take precedence over written materials. Auctioneers represent the seller, Briand Hegdahl in this transaction. Buyer or seller may elect to do a 1031 Exchange. Auction conducted on site.

Owner

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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