237 +/- Acre Land Auction, Grant Co., SD

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Auction Description:

237 +/- Acre Land Auction, Grant Co., SD
Date/Time: November 1, 2024 10:00 am
Address: Adams W. Twp., Grant Co., SD
Bid Online: https://burlagepeterson.nextlot.com/auctions/1686239/lots

Directions
From Revillo, ½ mile east on 163rd St. & 1 ½ mile north on 482nd Ave.

Auctioneer Notes
Here is an outstanding land offering, providing the opportunity to purchase up to 237 +/- acres of highly productive, Grant Co. Land. The land offers a nearly all tillable, inside farm with an adjoining tillable and recreational/conservation farm. The land will be offered in two adjoining tracts, and both tracts are located on a paved road. Possession available for the upcoming crop year! No buyer’s premium. The sale will be held live at the farm with online bidding available during the sale. Contact the auctioneers & brokerage firm and don’t miss this sale and excellent opportunity! More pictures and video coming soon!

Overview
Tract 1 – 120 +/- Acres: This nearly all tillable, inside corn and soybean farm presents 112 +/- cropland acres, per the FSA office, and has corn and soybeans planted for this crop year. The farm has a gentle laying topography and is predominantly comprised of Class I, II & III soils featuring Peever, Cavour & LaDelle loam, with a total soil rating of 69.2. The farm has hwy. frontage and joins Tract 2. Possession available for the upcoming crop year, and this productive row crop farm would make for an excellent addition to your land portfolio.
Description: 120 +/- Acres in the N ½ of Sec 11, T-118-N, R-48-W, Adams W. Twp., Grant Co., SD

Tract 2 – 117 +/- Acres: This excellent row crop & recreational farm has 62.05 cropland acres, and 24 acres enrolled in a CRP contract that produces $2,918 annually and goes to the end of 2025. The balance of the farm made up of mature trees providing shelter and scenery, & South Fork Bank Creek running through the trees. The farm predominantly features Class I & II soils & LaDelle & Peever loam, with a total soil rating of 70.3, and a rating of 80.6 on the crop acres. The farm has hwy. frontage & joins Tract 1. Possession available for the upcoming year, and this farm would make for an excellent and hard to find row crop and recreational type property.
Description: 117 +/- Acres in the S ½ of Sec 11, T-118-N, R-48-W, Adams W. Twp., Grant Co., SD

Description
120 & 117 +/- Acres in Sec 11, T-118-N, R-48-W, Adams W. Twp., Grant Co., SD

Terms
10% non-refundable earnest money deposit due day of sale with balance due on or before December 5th, 2024. Title insurance and closing fees split 50/50 between buyer & seller. Both tracts free for possession for the 2025 crop year. The sellers will pay the 2024 RE taxes and the new buyers will be responsible for the 2025 taxes. The new buyer(s) will begin receiving all CRP payments starting in 2025. The sellers and agents do not make any claims for boundary lines or total acres. Fences are not guaranteed to be accurate boundary line representations. Any new fencing will be the responsibility of the new buyers. Buyers are responsible to conduct their own due diligence for future use and practices. Listed cropland & CRP acres are per the FSA office. The farms are sold subject to easements and restrictions, if any, and sold subject to owners confirmation on the day of the sale. The sellers hold the right to accept or reject any bids during the sale. The sellers do not provide any guarantees, warrantees or contingencies. Information provided and statements made are believed accurate but not guaranteed, and statements made day of sale take precedence over previous written material. Buyers or sellers may elect to conduct a 1031 exchange. The brokerage firm & auctioneers represent the sellers in this transaction.

Owner
SAF Properties, LLC; Michele M. Lohr Liv. Trust; William R. Lohr & Susan E. Lohr

Additional Information
Burlage Peterson Auctioneers & Realtors, LLC Office@burlagepeterson.com or 605-692-7102 Sutton Auctioneers & Land Brokers, LLC Office@suttonauction.com or 605-336-6315

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