SOLD FOR $3,000 PER ACRE
192 Acre Land Auction Offered In 2 Tracts, Richland Twp., Brookings Co., SD
We will offer at public auction the following described farm located from Elkton SD, 5 miles North
and 1 ½ mile West on Hwy 14. Or from Brookings SD & I 29 Exit 32, 11 ½ miles East on Hwy 14.
Property lies on the South side of the road. Watch for Auction Signs on:
TUESDAY, OCTOBER 20TH 2015 SALE TIME: 10:00 A.M.
Tract I – 92(±) Acres: This 92(±) acre farm is located right along Hwy 14 and is ideally set up for row crops, CRP or good pasture grass. This farm is currently enrolled into two CRP programs with 55 acres enrolled for $158.96 per acre annually and expiring in 2023, and 34.62 acres enrolled for $98.50 per acre annually expiring in 2018. This farm could potentially be all tillable and be a good crop producing farm, and it would also make for an exceptional hunting piece with continued high yielding CRP income. This property lays nice with good eye appeal and is located in an excellent agricultural area. The farm joins Tract II and has good access from the North and West sides of the farm, and is located along state Hwy 14 with close proximity to the communities of Elkton, Aurora and Brookings, along with many grain elevators and the ethanol plant.
Tract II – 100 (±) Acres: This 100(±) acre farm is currently made up of approximately 46(±) acre of productive pasture grass that includes excellent access, good fences and its own water source with a creek and stock dam. This farm also includes approximately 53.05 acres enrolled into CRP programs with the following terms; 35.9 acres enrolled for $101.90 per acre annually expiring in 2018, 16.15 acres enrolled for $98.50 annually expiring in 2018, and 1 acre enrolled for $168.10 annually expiring in 2023. This property has excellent location and joins Tract I, and has good access on the North and West side of the farm. This property is ideal for a farmer or investor looking for high producing pasture, CRP & potential tillable acres.
Unit – 192(±) Acres: This well located 192 (±) acre farm features both pasture & CRP acres and presents many different income producing possibilities for farmers or investors. This parcel is set up well for tillable, pasture or CRP acres, and is in an excellent location with great access. This farm would be a nice addition to a farmers operation or would make for a nice income producing piece for an investor or hunting enthusiast. Don’t miss the opportunity to see this Brookings County farm!
We invite you to inspect this property at any time. For additional information contact Auctioneers and Realtors or visit our website www.burlagepeterson.com. COME PREPARED TO BUY!
Legal Description: 192 +/- Acres in the NW 1/4, SW ¼ & NE ¼ (Excluding Building Site) Located in Section 30,
T-110-N, R-47-W. Richland Township, Brookings County, South Dakota.
TERMS: 10% non-refundable earnest money deposit due day of the sale. Balance due on or before November 30, 2015. Title Insurance and Closing Fee split 50/50 between buyer and seller. Total acres will be sold subject to a survey and plat. New buyer to receive full possession & CRP payments starting for the 2016 crop year. Sold subject to confirmation of the owners. Owner does not warranty or guarantee that the existing fences lie on the true and accurate boundary and any new fencing, if any, will be the responsibility of the purchaser, pursuant to South Dakota statutes. All descriptions and information deemed to be accurate but not guaranteed. Statements made day of sale take precedence over all other material. Farm to be offered in individual tracts or as a unit. Buyer or seller may elect to do a 1031 exchange. Auctioneers represent the seller in this transaction.
Vaske Farms LLC – Owners
Auctioneers & Realtors
Tyler & Lenny Burlage, Jim & Scott Peterson
Burlage Peterson Auctioneers & Realtors LLC
VASKE FARMS LLC – OWNER