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Grattan – +/-150 Acres of Richland Twp., Brookings Co., SD Land

May 23 @ 10:00 am

150 +/- ACRE LAND AUCTION

All Tillable & High Rating Farm w/ Tile in Richland Twp., Brookings Co., SD   

Auction Conducted Live, Onsite w/ Online Bidding Available During the Sale

We will offer the following farm at public auction, located from Elkton, SD 7 miles north on Hwy. 13 and 1 ½ miles east on 209th St. The farm is located on the SD/MN border. Watch for auction signs on:

 THURSDAY, MAY 23rd, 2024   SALE TIME: 10:00 A.M.

 Auctioneers’ Note: This auction presents an opportunity to purchase an exceptional corn & soybean farm in a strong agricultural area.  The all tillable farm consists of high rating Class I & II soils, predominantly featuring Kranzburg Brookings Silty Clay Loam, and has over 30,000 ft. of drain tile. Don’t miss this land opportunity!

This prime, all tillable farm sale presents the opportunity to purchase 150 +/- acres of ideal Brookings Co. land. The farm is predominantly comprised of strong Class I & II soils, featuring Kranzburg Brookings Silty Clay Loam soil, and a total soil rating of 86.2. Per the FSA office, the farm has 148.93 DCP cropland acres with a corn PLC Yield of 147 and a soybean PLC yield of 44. There is also 30,335 +/- ft. of drain tile installed. The farm is leased for this crop year and the new buyer will receive the full 2024 rent of $41,250, and will have possession after the crop is removed. The farm is within proximity to dairies, feed lots, hog units, elevators & the ethanol plant. This farm will produce top yields and will make for an excellent addition to your farming or investor portfolio!

Legal Description: 120 Ac. in Sec. 15 & 30 Ac. in Sec. 22,T-110-N, R-47-W, Richland Twp., Brookings Co., SD

TERMS:  10% non-refundable earnest money deposit due day of sale; balance due on or before June 28th, 2024.  Closing fees split 50/50 between buyer & sellers. The buyer will receive the full 2024 rent payment, and the lease expires after the crop is removed. The sellers will pay the 2023 taxes, the buyers are responsible for the 2024 taxes payable in 2025. This property is sold subject to easements and restrictions, if any, and is sold subject to confirmation of owners. The farm is offered as is, where is, without warrantees or guarantees of any kind. The land lays as a 120 acre parcel and a 30 acres parcel directly across the road, which will be sold as one unit per recorded deeded acres. Information contained herein and all statements made are believed accurate but not guaranteed. Sellers do not guarantee fences lie on the true boundaries. New fencing, if any, is the buyer’s responsibility. The auctioneers and brokerage firm represent the seller in this transaction. Buyers or sellers may elect to do a 1031 exchange.

 JAMES G. GRATTAN LIVING TRUST – OWNER

LAND BROKERAGE FIRM & AUCTIONEERS           

Burlage Peterson Auctioneers & Realtors, LLC  – office@burlagepeterson.com or 605-692-7102

Sutton Auctioneers & Land Brokers, LLC  – office@suttonauction.com or 605-336-6315

Auction Details

Date:
May 23
Time:
10:00 am
Auction Categories:
, ,
Brochure
View PDF

Auctioneers

Chuck Sutton & Jared Sutton
Burlage/Peterson Auctioneers & Realtors, LLC

Auction Details

Date:
May 23
Time:
10:00 am
Auction Categories:
, ,
Brochure
View PDF

Auctioneers

Chuck Sutton & Jared Sutton
Burlage/Peterson Auctioneers & Realtors, LLC

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