889.04+/- Acre Sherman & Afton Twp., Brookings Co., SD

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Brookings County, SD
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    Auction conducted live & online, held at the Brookings Swiftel Center

      Sold for $8,250 Per Acre or $7,334,580.00

    Auctioneer Notes

      Here is an opportunity to purchase up to 889.04 +/- acres of excellent, productive soils, all tillable land with drain tile in Sherman & Afton Twps., Brookings Co., SD just outside of White, SD. This offering of multiple tracts of land features high-producing, good row crop farms all located in one area with easy access and great eye appeal. This sale will be conducted at the Swiftel Center (824 32nd Ave., Brookings, SD) with online bidding available. Don’t miss this auction and excellent opportunity to add to your current farming operation or investment portfollio!

    Overview

      Tract 1 – 200 +/- Acres: Located from White, SD (Hwy 30 & Country Pump Gas Station) 2 miles east on 204th St. on the south side of the road. This farm has 192.17 cropland acres and according to Surety Agridata has an excellent productivity soil rating of 82.7 with predominately Barnes Clay Loam soils. This tract has approx. 7,900’ of drain tile. Tract 1 is rented until December 31, 2026; the buyer will receive a seller-enhanced rent credit of $60,000 for each year rented 2023-2024-2025-2026 at closing and is responsible for taxes of those years.

      Legal Description: NW ¼, NW ¼ of SW ¼, Sec. 16, T-111-N, R-48-W, Brookings Co., SD

      Tract 2 – 137.52 +/- Acres: Located across the road northwest of Tract 1, this farm has 124.54 cropland acres and according to Surety Agridata has an excellent productivity soil rating of 81.3 with predominately Barnes Clay Loam soils. Tract 2 is rented until December 31, 2026; the buyer will receive a seller-enhanced rent credit of $41,256 for each year rented 2023-2024-2025-2026 at closing and is responsible for taxes of those years.

      Legal Description: SE ¼ Exc Hwy & Cemetery & Exc N 567’ of W 330’, Sec. 8, T-111-N, R-48-W, Brookings Co., SD

      Tract 3 – 144.29 +/- Acres: Located adjacent to Tract 2 and on Hwy 30, this farm has 141.48 cropland acres and according to Surety Agridata has an excellent productivity soil rating of 81 with predominately Barnes Clay Loam soils. Tract 3 is rented until December 31, 2023; the buyer will receive a seller-enhanced rent credit of $43,287 at closing and is responsible for taxes for 2023.

      Legal Description: NW ¼ Exc H-2 & Exc W ½ of NW ¼ Lying North of Lot H-2, Sec. 8, T-111-N, R-48-W, Brookings Co., SD

      Tract 4 – 131.15 +/- Acres: Located across the road southwest of Tract 3 and on Hwy 30, this farm has 126.29 cropland acres and according to Surety Agridata has a productivity soil rating of 77.5 with predominately Barnes Clay Loam soils. Tract 4 is rented until December 31, 2023; the buyer will receive a seller-enhanced rent credit of $39,345 at closing and is responsible for taxes for 2023.

      Legal Description: SE ¼ Exc Hwy & Cemetery & Exc N 567’ of W 330’, Sec. 7, T-111-N, R-48-W, Brookings Co., SD

      Tract 5 – 161.12 +/- Acres: Located from White, SD (Hwy 30 & Country Pump Gas Station) 1 mile east on Hwy 30 and ½ mile north on 479th Ave., this farm has 142.23 cropland acres and according to Surety Agridata has a productivity soil rating of 73.8 on the tillable acres with predominately Barnes Clay Loam soils. Tract 5 is rented until December 31, 2023; the buyer will receive a seller-enhanced rent credit of $48,336 at closing and is responsible for taxes for 2023.

      Legal Description: NW ¼ AKA Govt Lots 3 & 4, S ½ NW ¼, Sec. 5, T-111-N, R-48-W, Brookings Co., SD

      Tract 6 – 114.96 +/- Acres: Located from White, SD (Hwy 30 & Country Pump Gas Station) 2 ¾ miles west on Hwy 30, this farm has 113.16 cropland acres and according to Surety Agridata has a productivity soil rating of 71.9 with predominately Estelline Silt Loam and McKranz-Badger Silty Clay Loams soils. This tract has approx. 5,675’ of drain tile. Tract 3 is rented until December 31, 2023; the buyer will receive a seller-enhanced rent credit of $34,488 at closing and is responsible for taxes for 2023.

      Legal Description: NW ¼ Exc Road & Exc Lot 1 & 2 Lutterman’s Addn & Exc E 704’, Sec. 15, T-111-N, R-49-W, Brookings Co., SD.

    Description

      889.04+/- Acres in Sherman & Afton Twps., Brookings Co., SD - See above information for complete legals

Terms

    10% non-refundable earnest money deposit due day of sale; balance due on or before November 18, 2022. Closing fees & title insurance split 50/50 between buyers & sellers. The sellers do 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. This property is sold subject to easements and restrictions, contracts, if any, and is sold subject to confirmation of owner. Sold subject to existing crop leases. The farm is offered as is, where is, without warrantees or guarantees of any kind and statements made day of sale take precedence over all written material. The brokerage firm & auctioneers represent the sellers in this transaction.

Owner

    Case Agricultural Properties, LP

Additional Information

    AUCTIONEERS & REALTORS Jim, Scott, Lenny, Tyler, Dustin & Jill Burlage Peterson Auctioneers & Realtors, LLC Land Brokers - Auctioneers - Realtors - Farm Managers Office@burlagepeterson.com or 605-692-7102