Multi-Parcel 264.25 Acre Brookings County, SD Land Auction

– Including a ”One of Kind Acreage” located near Lake Campbell with a Nice Home

Nestled in a Pleasant Country Setting and a Spectacular Nearly New 60’ x 104’

Shop Building/Airplane Hanger & Other Improvements; Plus High Percentage Tillable Productive Medary Twp. Brookings County Cropland.

 

We will offer these parcels of Brookings County, SD Land at the farmstead located at 46641 219th Street, Volga, SD; from Brookings, SD – 2 miles south on Main Ave. to curve, then 3 ½ miles west on 216th St., 3 miles south on 467th Ave. and approx. 5/8ths mile west on 219th St.; from the SW corner of Lake Campbell (Jct. of 220th St. & 467th Ave.) -1 mile north and 5/8ths mile west or directly southeast of the Lake Campbell Lutheran Church.

 

AUCTION DATE:  THURSDAY AUGUST 5, 2010                 SALE TIME:  10:00 AM

Open House Dates:  Sunday July 18th from 2:00-4:00 PM;

Wed. July 21 from 5:30-7:30 PM;

Sunday July 25th from 2:00-4:00 PM

Wed. July 28th from 5:30-7:30 PM

or shown by appointment arranged with either the auctioneers or the owner

 

AUCTIONEERS NOTE:  This auction presents a great opportunity to purchase a very nice rural acreage located within 9 miles of Brookings, SD – This acreage features an attractive home, a magnificent 60’x104’ shop, as well as other attractive outbuildings that are situated in a lovely country setting.  Additionally, this auction features a total of approx. 264.25 acres inclusive of the improvements and cropland with a very high percentage tillable.  We will offer this southern Brookings Co., SD farm in Various Tracts and Combinations of Tracts at auction in a manner which provides a variety of options for buyers.  This auction presents an excellent opportunity to purchase land which is well suited to fit the needs of a variety of buyers, including prospects in the market for a well located acreage, as well as those in the market for high percentage tillable cropland that would be especially well suited for row crop operators and/or investors.  Please mark your calendars and make plans to attend this auction!

 

This property will be offered as – Tr. #1 – The +33.87 Acre Improved Acreage; Tr. #2 – +52.50 Acres situated east and south of the Bldg. Site; Tr. #3 – +85.46 Acres situated west & southwest of the Bldg. Site; Tr. #4 – +92.42 Acres in the W 1/2 SW 1/4; Tracts #1 & 2 Combined – +86.37 Acres Inclusive of the Bldg. Site; Tracts #2 & #3 – +137.96 Acres of Bare Land in the NW ¼; Tracts #1, #2 & #3 Combined – +171.83 Acres Inclusive of the Bldg. Site – The Entire NW 1/4; Tracts #3 & #4 Combined - +177.88 Acres; Tracts #2, #3 & #4 Combined - +230.38 Acres or as Tracts #1, #2, #3 & #4 Combined – The +264.25 Acre Unit.


The improvements on this property include a 1½ story modern home comprised of a south enclosed entry w/closet, main level laundry area and office, bath w/shower and adjacent area w/sink, living room, walk-in hall closet, 2 bedrooms w/closets, full bath w/tub-shower unit, kitchen w/built-in cabinets & island and a sunroom dining area; the second story includes 2 bedrooms w/built-in pine dressers & closets; the home has a concrete block foundation with storage space and is inclusive of an updated Lennox Elite Series LP gas FA furnace with an older central AC unit and an elec. HW heater.  The farmstead is serviced by Kingbrook Rural Water and the home serviced by a septic system which had a new drain field installed in 2009, also there is a well with a supply tank and pressure system that has not been recently in use, although it potentially could be updated and put into use for outside watering and for livestock.  Other improvements include a spectacular 60’x104’ Cleary building (constructed in 2001) which has a colored steel exterior and a concrete floor throughout which was designed for use as an airplane hanger-machine shed-shop building which has tubing in place for future installation of an in-floor heating system with 8 zones, additionally this bldg. has dbl. Layer foam insulation approx. 2¼” thick on the sidewalls and has a heavy duty concrete floor which is approx. 6” thick and reinforced w/rebar, this building also has a Schweiss bi-fold airplane hanger type door which has an opening approx. 44’ wide and 13’6” high which is operated by a Schweiss electric opener, in addition there are two other insulated overhead doors w/elec. openers – one on the west which is approx. 20’ wide and 13’ high and one on the east approx. 10’ wide and 12’ high and also there are 2 walk doors, this bldg. has a 200 amp breaker electrical service in place with lighting in place and some operational outlets, although the bldg. is prewired throughout for future electrical, furthermore rural water is plumbed to the bldg. and there is a rough-in for a sink and stool and a floor drain and there is a septic tank and drain field in place for future use – this is a “dream type” building that would provide ample space to fulfill the needs of a future buyer for a variety of utilizations; adjacent to and in the front of the shop bldg. is a spacious concrete pad (approx. 40’x40’) which is approx. 6” thick and re-enforced w/rebar; other improvements on this property include a shop/garage bldg. approx. 24’x44’ w/2 Overhead insulated garage doors (1 w/elec. opener) and there also is an end insulated OH door (approx. 10’x10’) – this bldg. has older electrical in use, (although there is a nearly new 200 amp breaker elec. service w/220V. that was planned to be put into use to service this shop in the future), a hip roofed barn w/2 leans and nearly new shingles (2007), a metal cattle shed w/conc. floor (approx. 36’x105’), a wooden 6 bin granary w/new shingles in 2008 and 2 steel bins w/aeration floors (approx. 10,000 bu. & 4,000 bu. ea.) and last but not least this property has an existing private airstrip approx. 1,900’ in length which is zoned with the County that has been previously utilized by the sellers.  The farmstead on this property in nestled in a beautiful parklike country setting enhanced by many evergreens, fruit and shade trees and an expansive lawn.  This truly is a “Must See” Acreage Site!

 

According to FSA information the NW¼ is designated as Tr. #525 and has approx. 147.2 acres of cropland with the non-tillable portion comprised primarily of the bldg. site, trees & roads and has an FSA corn base of 70.0 acres with a 66 bu. Direct and 106 bu. CC yield and soybean base of 73.3 acres with a 27 bu. Direct and 32 bu. CC yield.  According to the Brookings Co. Assessor this property has an OSR of .696 and according to Surety Agri Data has a Productivity index of 78.2.  According to FSA information the W½ SW¼ is designated as Tr. #4370 and has approx. 91.9 acres of cropland with an FSA corn base of 45.3 acres with a 74 bu. Direct and 108 bu. CC yield and soybean base of 45.8 acres with a 27 bu. Direct and 32 bu. CC yield.  According to the Brookings  Co. Assessor this property has an OSR of .774 and according to Surety Agri Data has a Productivity index of 86.1.  This property includes some choice productive cropland with a topography that is generally gently rolling. 

 

LEGAL DESC.:  To be known as Tracts 1, 2 & 3 of Beulke’s Addition in the NW ¼ of Sec. 31,     T. 109N., R. 50W., Brookings Co., SD – which in its entirety contains +171.83 acres; The portion identified in this auction as Tr. #4 is legally described as Gov’t. Lots 3 & 4 – also referred to as the W ½ SW ¼ of Sec. 31, T. 109N., R. 50W., Brookings, Co., SD – which contains +92.42 Acres – according to a certificate of survey thereof.

 

TERMS:  Cash - A 10% non-refundable earnest money deposit on the day of the sale and the balance at closing on or before September 15, 2010 w/possession subject to the existing tenants rights to harvest the 2010 standing crops. The new purchaser will receive from the seller at closing cash rent for 2010 at a rate of $140.00 per acre on the prorata share of the cropland acres in any of the Tracts with “None” on Tr. #1, 52 Acres on Tr. #2, 84 Acres on Tr. #3, 92 Acres on Tr. #4, which on the 228 acre unit at $140.00 per acre is a total of $31,920.00.  Marketable Title will be conveyed and owners title insurance will be provided w/the cost of the owners policy & closing agents fees divided 50-50 between the buyer & seller.  All of the 2009 RE taxes payable in 2010 will be paid by the sellers; Based on a Co. Assessor’s Estimated Amount the 2010 RE Taxes on Tr. #1 will be prorated to the date of closing; On All of the Remaining Tracts the buyer or buyers will be responsible for All of the 2010 RE taxes due and payable in 2011.  The acres in the respective tracts or on the entire unit are based on surveyed acres, with the survey costs paid by the sellers.  The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the buyer(s) pursuant to SD Law.  FSA yields, bases, payments & other information is estimated and not guaranteed and are subject to County Committee Approval. Information contained herein is deemed to be correct but is not guaranteed.  The LP tank on the premises is leased and is not included with the property.  The RE licensees in this transaction are acting as agents for the sellers. Sold subject to existing easements, restrictions, reservations & highways of record, if any.  Sold subject to confirmation of the Owners.

 

DAVID & LINDA BEULKE, Owners

ph. 605-691-4482

Dakota Abstract & Title - Brookings, SD - Closing Agent for the Sellers

 

CHUCK SUTTON - Auctioneer & Land Broker

Sioux Falls, SD - ph. 605-336-6315 & Flandreau, SD - ph. 605-997-3777

BURLAGE & PETERSON AUCTIONEERS – Jim Peterson, Lenny Burlage

& Scott Peterson – Brookings, SD – ph. 605-692-7102