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McGill – +/-771.76 Acres of Elkton Twp., Brookings, SD Land

LAND AUCTION

771.76 +/- ACRES THAT INCLUDES 611.76 +/- IRRIGATED ACRES PLUS 160 +/- UNIMPROVED ACRES

In order to settle the Mary McGill Estate, we will offer at Public Auction the following land located from Elkton, SD, 1.5 miles east on paved road 217th St. on: 

TUESDAY, DECEMBER 15, 2020    SALE TIME:  10:00 A.M. 

This auction presents an excellent opportunity to purchase 611.76 irrigated acres (w/4 pivots) of good, nearly all-tillable, irrigated land plus an additional 160 acres unimproved land w/potential to be nearly all-tillable.  This land is located in a strong agricultural area and would be an outstanding addition to a farming operation or investment opportunity.  High return opportunities. 

Auction to be held at Tract I – These farms are all free and clear to farm for the 2021 season.

Tract I – 237.9 +/- Acres – This irrigated farm is on the SD/MN border w/approx. 78.42 +/- acres in SD and 159.48 +/- acres in MN.  This productive farm lays level with great eye appeal and has Valley 8000 9-Tower Irrigation System with additional corner system.  The farm pumps 700 gal/minute with 159 ft. well.  According to Surety AgriData, the farm has excellent Class 1 & 2 soils and a productivity index in SD of 87.8 and MN of 91.5.

Tract II – 87 +/- Acres – Located south of Tr. I and south of RR tracks, this productive farm has Valley 5-Tower Irrigation System plus a corner system and pumps 700 gal/minute with 160 ft. well.  According to Surety AgriData, this farm has excellent Class I & II soils, and is predominantly comprised of Kranzburg-Brookings Silty Clay Loam with a productivity index of 95.3.

Legal Description – Tracts I & II:  W ½ of NW ¼ of SW ¼ and Gov’t. Lots 3 & 4, Section 22, T-109-N, R-47-W, Elkton Twp., Brookings Co., SD, and E ½ of E ½ and Gov’t. Lots 1 & 2, all in Section 24, T-109-N, R-47-W, Verdi Twp., Lincoln Co., MN.

If Tracts I & II are sold individually, they will be surveyed at seller’s expense.  If sold as a unit, there will be no survey.

Tract III – 80 +/- Acres – Located from Elkton, SD, 1 mile south on 487th Avenue, this productive irrigated farm has great eye appeal and Valley 7000 Irrigation System w/7 towers.  The farm has a 55 ft. deep irrigation well and pumps 300 gal/minute.  According to Surety AgriData, this farm has excellent Class I & II soils and a productivity index of 83.8.

Tract IV – 207 +/- Acres – This unimproved farm lays nice and joins Tract III to the south.  The farm has Valley 8-Tower plus corner irrigation system.  The farm has an 84 ft. deep irrigation well and pumps 800 gal/minute.  According to Surety AgriData, the farm has predominately Class I & II soils and a productivity index of 80.

Legal Description – Tracts III & IV:  W ½ of NW ¼ and Gov’t. Lots 3 & 4, Section 27, T-109-N, R-47-W, Elkton Twp., Brookings Co., SD.

If Tracts III & IV are sold individually, they will be surveyed at seller’s expense.  If sold as a unit, there will be no survey.

Tract V – 160 +/- Acres – This unimproved farm is located in a good agricultural area 2 miles south of Elkton, SD, on 486th Avenue then 1.5 miles west on 219th St.  This farm has a gentle slope and according to Surety AgriData has predominately Class I & II soils and a productivity index of 79.9 w/potential of more tillable acres.

Legal Description – Tract V:  SW ¼, Section 30, T-109-N, R-47-W, Elkton Twp., Brookings Co., SD.

According to FSA 156EZ, the above farms have a combined corn base of 625.7 acres w/PLC yields of 159 bus., soybean base of 110 acres w/PLC yield of 49 bus. and a wheat base of 6.5 acres w/a total 742.2 base acres.

Auctioneers Note: This is exceptional, nearly all tillable irrigated land with great eye appeal and is located in a strong agricultural area close to grain elevators, ethanol plant and producers with manure.  If you are looking for tillable land, it will be tough to find any that looks better than this land!  MAKE PLANS TO ATTEND THIS AUCTION AND COME PREPARED TO BUY. 

TERMS:  10% non-refundable earnest money deposit due the day of sale with balance due on or before January 28, 2021.  Tracts will be offered individually or as a unit, excluding Tract 5. Seller will pay all real estate taxes due and payable in 2021. Properties sold as is, where is, without warrantees, guarantees or contingencies. Total acres may very, depending on survey provided if tracts sell separate. Information believed accurate but not guaranteed. Title insurance and closing fee’s are split 50/50 between buyer(s) and seller(s). Sold subject to confirmation of the co-trustees. Buyers or seller may elect to conduct a 1031 exchange. Auctioneers represent the seller in this transaction. 

MARY ELLEN MCGILL REVOCABLE INTER VIVOS TRUST – Owner – Frank T. McGill and Mark E. McGill – Co-Trustees 

AUCTIONEERS & REALTORS & LAND BROKER

Burlage Peterson Auctioneers & Realtors, LLC- Lenny & Tyler Burlage, Jim & Scott Peterson – 317 4th St., Brookings SD   605-692-7102

Chuck Sutton Auctioneer & Land Broker, LLC – Chuck & Jared Sutton   605-997-3777- 127 2nd Ave. W., Flandreau & Sioux Falls SD