40+/- Acre Land Auction, Miner Co., SD

May 24, 2022 10:00 am

Canova Twp., Miner Co., SD

Directions

We will offer the following described real estate at public auction located from Canova, SD, 1 1/4 miles south on 435th Avenue.

Sold for $4,700 Per Acre or $188,000.00

Auctioneer Notes

This sale will be conducted live on site, with online bidding available.

Overview

This 40 +/- acre farm lays level with good eye appeal and is joined by a tar road to the west. The farm presently has CRP Contract #11375C which started 10/1/2017 and will end 9/30/2027. This contract consists of 16.71 acres at $159.63 per acre for $2,667 per year. There is a new CRP contract, #11744A, which started 10/1/2021 and ends 9/30/2031 of 19.94 acres at $141.87 per acre for $2,829 per year. The farm has a CREP payment of $876.96 per year which started 10/1/2021 and ends 9/30/2031. The farm needs new seeding on 19.94 acres with cost share. The new buyer may elect to get out of CRP and CREP contracts at no expense. This would be a good opportunity to purchase a recreational piece or add tillable acres to your operation.

Legal Description: SW ¼ of the NW ¼ of Section 36, T-105-N, R-56-W, Miner Co., SD.

Description

SW ¼ of the NW ¼ of Section 36, T-105-N, R-56-W, Miner Co., SD

Terms

TERMS: 10% non-refundable earnest money deposit due the day of sale with balance due on or before July 5, 2022. Title insurance and closing fee split 50/50 between buyer and seller. Sellers will pay 2021 real estate taxes payable in 2022. Sellers do not guarantee that existing fences lie on the true and correct boundary line. The farm is sold subject to any easements or right of ways and sold subject to confirmation of the owner. The brokerage firm & auctioneers represent the seller in this transaction.

Owner

SDSU Foundation

Additional Information

LAND BROKERAGE FIRM & AUCTIONEERS Burlage Peterson Auctioneers & Realtors, LLC 317 4th Street, Brookings SD 57006 office@burlagepeterson.com or 605-692-7102

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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