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160 +/- ACRE LAND AUCTION

SOLD 6,800 PER ACRE

160 +/- Acre Land Auction, Lake Sinai Twp., Brookings Co., SD

LAND AUCTION

160 +/- ACRES IN LAKE SINAI TWP., BROOKINGS CO., SD

We will offer at Public Auction the following described real estate located

from Sinai, SD, 1 mile south on 458B Avenue.  Auction conducted at the property on:

FRIDAY, MARCH 31, 2017    SALE TIME: 10:00 A.M.

This 160 +/- acre farm is in a good location, located just 1 mile south of Sinai, SD.  This land has approximately 145.6 tillable acres with predominately Poinsett-Buse-Waubay Class II soils.  The corn base on this farm is 78.6 acres with a PLC yield of 137 bushels, and the soybean base is 66 acres with a PLC yield of 41 bushels. According to Surety AgriData, the farm has a productivity index of 70.3.  This farm is leased for the 2017 crop year with the new buyer to receive $30,000 credit at closing.  The farm also has several feet of standard drain tile installed.  This corn and soybean farm would be an excellent addition to any farming operation or investment portfolio!

Legal Description:  SW ¼, Section 23, T-109-N, R-52-W, Lake Sinai Township, Brookings County, South Dakota.

We invite you to inspect this farmland at any time.  For additional information,

contact the auctioneers or visit our website www.burlagepeterson.com.  Come prepared to buy!

TERMS:  10% non-refundable earnest money deposit due day of sale with balance due on or before April 28, 2017.  Title insurance and closing fee split 50/50 between buyer and seller.  Seller to pay 2016 real estate taxes in 2017.  Buyer to pay 2017 real estate taxes in 2018.  This property is sold subject to existing lease, easements and restrictions, if any, and is sold subject to confirmation of owner.  Information contained herein and all statements made herein are believed to be accurate but not guaranteed.  Burlage Peterson Auctioneers & Realtors, LLC represent the seller in this transaction.

SDSU FOUNDATION – Owner

AUCTIONEERS & REALTORS                                                                

Lenny & Tyler Burlage, Jim & Scott Peterson

Burlage Peterson Auctioneers & Realtors, LLC

317 4th Street, Brookings SD    605-692-7102

www.burlagepeterson.com

LAKE SINAI TWP, BROOKINGS CO., SD
SDSU FOUNDATION – OWNERS

Earlier Event: March 7
80 +/- ACRE LAND AUCTION
Later Event: May 5
74.13 +/- ACRE LAND AUCTION