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80 +/- Acre Land Auction, Lake Hendricks Twp., Brookings Co., SD

LAND AUCTION

SOLD FOR $5,250 PER ACRE or $420,000.00

INSIDE 80 +/- ACRES LAKE HENDRICKS TWP., BROOKINGS CO., SD LAND

We will offer at public auction the following land located from White, SD 9 miles East on Hwy 30, 1 mile North on 487th Ave. & ½ mile West on 202nd St. or from Hendricks, MN, 1 mile South on Hwy 271, 2 miles West on 14 & 200th St, 2 miles South on 487th Ave & ½ mile West on 202nd St.  Farm located in SW 1/4 of Sec. 33.

Auctioneers Note: This auction presents an excellent opportunity to purchase 80 +/- acres of good, nearly ALL TILLABLE land. Immediate possession for 2019, good hunting area!  Inside 80 acre farm. Strong row crop farm, high return opportunities! Watch for auction signs on:

FRIDAY, MARCH 22, 2019     SALE TIME:  10:00 A.M.

This inside 80 +/- acre farm represents an excellent opportunity to add a strong yielding row crop farm to your portfolio.  This nearly all tillable farm produces strong yields and would generate a good cash rent return, and is also located in a very strong area for recreational hunting activities as it is less than 2 miles away from Lake Hendricks. The farm is predominantly made up of strong Class II Soils, Singsass-Waybay & Singsass-Buse Complex, and has a total productivity rating of 79.3, making this an exceptional corn & soybean farm.  According to the FSA Office the farm has 76.79 cropland acres with a corn base of 33.6 acres, PLC yield of 151 bu., a soybean base of 12.1 acres, PLC yield of 33 bu., and a wheat base of 18.2 acres, PLC yield of 48 bu. This nearly all tillable, inside piece had approx.. 1.3 acres recently broken and added to crop production.  The farm is free and clear for 2019 crop year, new buyer will receive immediate possession after sale. Don’t miss this opportunity!

Legal Description:  E ½ of SW ¼, Sec. 33, T-112-N, R-47-W, Lake Hendricks Twp., Brookings Co., SD

For additional information contact the Auctioneers.
MAKE PLANS TO ATTEND THIS AUCTION AND COME PREPARED TO BUY!!! 

TERMS:  10% non-refundable earnest money deposit due day of sale with balance due on or before April 26, 2019. Closing fee and title insurance split 50/50 between buyer and seller. The seller does not warranty or guarantee that existing fences lie on the true & correct boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes.  New buyer will receive immediate access for 2019 crop year. Buyer will pay all 2019 RE taxes, payable in 2020. This property is sold subject to easements and restrictions, if any, reservations and/or highways of record, and is sold subject to confirmation of owner.  Information contained herein, and all statements made herein are believed to be accurate but not guaranteed.  Any announcements made the day of the sale shall take precedence over written materials.  Auctioneers represent the seller, Briand Hegdahl in this transaction. Buyer or seller may elect to do a 1031 Exchange. Auction conducted on site.

Auctioneers & Realtors:

Tyler & Lenny Burlage, Scott & Jim Peterson

Burlage Peterson Auctioneers & Realtors, LLC

317 4th St. Brookings SD

605-692-7102 or office@burlagepeterson.com