Legal: NW 1/4 of Section 27-T105N-R70W of the 5th PM Brule County, SD. 160 +/- acres. Outstanding, nearly all tillable, piece of property that features 151.12 +/- acres under cultivation with the balance in ROW and small low-lying area. The entire tract boasts a 84 productivity index-indicating a powerful soil profile! The property is bordered by a dirt section line trail on the north. A township road leads to the southwest corner of the property as well.
Real Estate Taxes: $2273.80 (2023)
There are no bids for the lot at this time
February 26, 2024 - 10:00 am
Auction Location: AmericInn Conference Center, Chamberlain, SD
Wow! Fantastic opportunity on 160 acres of productive, northern Brule County, SD crop land with a strong soil profile! This nearly flat to gentle rolling quarter is nearly all tillable with the exception of four acre low area in the northwest corner of the parcel. The quarter features a Productivity Index of 84 with nearly 130 acres in three soil types. Purchaser can farm the land in 2024. Inspect the property on your own. More details - including FSA map & data will be made available. Contact our office with any questions. Remember...only at auction!
- All prospective purchasers that have no prior real estate purchase/business history with Peterson Land & Auction LLC shall be required to submit a letter of credit/guarantee or proof of funds from an FDIC insured lending institution or financial services company prior to being approved to bid. Peterson Land & Auction LLC and the Seller shall have absolute discretion and authority to qualify or not qualify potential bidders. If you have any question as to your ability to bid, contact our office in advance of the auction.
- Buyer and Seller agree to execute a written purchase agreement at the conclusion of the auction. Non-refundable deposits in the amount of 15% (Fifteen Percent) of the final selling price shall be tendered by the purchaser at time of purchase agreement execution.
- No Buyer contingencies of any kind are offered, nor will any be accepted. These include but are not limited to financing, appraisal, and inspections. Potential buyers are expected to have their financial arrangements secured prior to bidding. Buyers who are unable to close because of insufficient funds will be in default and the earnest money will be forfeited.
- Each potential bidder shall be responsible for conducting, at their own risk, independent inspections, inquiries, and due diligence concerning the property. Seller makes no warranty whatsoever about the property and specifically disclaims all warranties of fitness for a particular purpose or any warranty.
- Property is being sold by legal description only.
- Property sells in AS-IS condition.
- Property will be sold subject to confirmation of the seller(s).
- Closing date shall be on or before April 12, 2023, at Brule County Abstract, Chamberlain, SD.
- The closing fee shall be divided equally between the buyer and seller. Merchantable title shall be conveyed by Trustees Deed. Owners title insurance will be provided with the cost divided equally between buyer and seller.
- 2023 Real Estate taxes due and payable in 2024 shall be paid by the seller. 2024 taxes and beyond shall be the responsiblity of the buyer.
- Chisum E. Peterson, Broker and Peterson Land & Auction LLC, Brokerage Firm, represent the Seller Only in this transaction.
Chamberlain, South Dakota 57325
United States
Not applicable