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317 +/- ACRE LAND AUCTION

TRACT 1 & 2 SOLD FOR $6700 PER ACRE
TRACT 3 SOLD FOR $3800 PER ACRE

317+/- ACRES BROOKINGS CO., SD LAND AUCTION

LAND AUCTION

317+/- PRESTON & LAKETON TWP., BROOKINGS COUNTY, SD LAND

In order to settle the estate we will offer the following real estate at public auction located from Bruce, SD (4 way stop on Hwy 30) west 3 miles on Hwy 30 then 5 miles north on 463rd Ave.

This auction presents the rare opportunity to purchase up to 277+/- acres of excellent, nearly all tillable land, and 40+/- acre piece of land with good tillable acres, potential building site, and recreational possibilities that lies within 2 miles of Lake Poinsett, SD and northwest of Brookings, SD.  This land has been in the Kallevig family for over 70 years.  317+/- acres will be offered in 3 individual tracts or Tract 1 & 2 as a unit. Now is the time if you are in the market for land that could serve as an outstanding addition to a row crop farming operation or investment opportunity.

THESE FARMS ARE FREE AND CLEAR TO FARM FOR THE 2017 SEASON!!!

AUCTION TO BE HELD ON-SITE AT TRACT 1 & 2

TUESDAY, JANUARY 3, 2017           SALE TIME: 10:00 A.M.

TRACT 1 – 158+/- ACRES:  This nearly all tillable land has a strong Surety Agridata productivity index rating of 78.7.  This farm is made up of predominately Kranzburg-Brookings silty clay loam soils which is excellent for row crop farming.

LEGAL DESCRIPTION:  NE 1/4 Exc 40 Rods x 8 Rods in NW Corner of Sec 16-112-51, Brookings County, SD.

TRACT 2 – 119+/- ACRES: This nearly all tillable land joins Tract 1 and per Surety Agridata this farm has good productivity index rating of 78. This land is also made up of predominately Kranzburg-Brookings silty clay loam soils.

LEGAL DESCRIPTION:  NW 1/4 SE 1/4, E 1/2 SE 1/4 of Sec 16-112-51, Brookings County, SD.

TRACT 3 – 40+/- ACRES: Located from tract 1 – 1 mile north on 463rd Ave and 4 miles west on 197th St.  This property sits on the corner of 197th Street & 459th Avenue and has approximately 25+/- acres tillable with a productivity index rating of 72.9 and is located on an oil road.

LEGAL DESCRIPTION:  SW 1/4 SW 1/4 of Sec 1-112-52, Brookings County, SD.

Tracts 1 & 2 combine for 277+/- acres and is nearly all tillable land. Tracts 1 & 2 combined have a corn base 75.82 Base Acres with a PLC Yield 115; soybean base 177.43 Base Acres with a PLC Yield 34; wheat base 8.48 Base Acres with a PLC Yield 37. These 3 tracts of land present a rare opportunity to purchase approximately 317+/- acres with a very high percentage of tillable land, an excellent location with Tract 1 & 2 located within 1 mile from an oil road and having great eye appeal. Productive land of this caliber with majority tillable acres do not come on the market very often making now a great opportunity to add to your portfolio or farming operation.

For additional information contact Auctioneers or go to our website www.burlagepeterson.com.
MAKE PLANS TO ATTEND THIS AUCTION AND COME PREPARED TO BUY!!!

TERMS:  10% non-refundable earnest money deposit due day of the sale with balance due on or before February 7, 2017.  Title Insurance and Closing Fee split 50/50 between buyer and seller. 2017 Real Estate taxes to be paid by the new buyer.  This property is sold subject to existing easements, restrictions, and sold subject to confirmation of owners.  Information contained herein and all statements made herein believed to be accurate but not guaranteed. Burlage Peterson Auctioneers & Realtors, LLC represent the seller in this transaction.

ELEANOR C. KALLEVIG TRUST – OWNERS

AUCTIONEERS & REALTORS
Scott Peterson – 605-690-0505
Jim Peterson – 605-690-2674
Lenny Burlage – 605-690-0379
Tyler Burlage – 605-695-3874
Burlage Peterson Auctioneers & Realtors & , LLC
317 4th St, Brookings, SD – Office – 605-692-7102
www.burlagepeterson.com

PRESTON & LAKETON TOWNSHIPS, BROOKINGS COUNTY, SD LAND
ELEANOR C. KALLEVIG TRUST – OWNER

Earlier Event: December 16
LAND AUCTION
Later Event: February 28
153.6 +/- ACRE LAND AUCTION