LAND AUCTION
154 Acres (+/-) Buffalo Township-Minnehaha Co., SD Land
We will offer at Public Auction the following described real estate located from Colton, SD 4 miles West on 248th St. (Watch for Auction signs) on
Friday – July 15, 2008 Sale Time - 10:00 AM
According to F.S.A. information this Tract has 154 acres with approximately 146.7 acres of tillable land. This property has the following estimated bases & yields: corn 78.8 acres w/a direct yield of 82 bu. and cc yield of 106 bu.; soybeans 52 acres w/direct yield of 30 bu. and cc yield of 36 bu. There is also 8.2 acres in the C.R.P. Program with the total payment of $632 per year and the C.R.P. contract will expire in 2012. According to the Minnehaha County zoning office there are 3 building eligibilities on this property. In 2007 there was approx. 9800’ of drain tile installed. This farm is cash rented for crop year 2008 and buyer will receive $18,000 at closing. As there is not much land for sale in this area here is an opportunity for farmers or investors to add to there operation.
We invite you to inspect this property at anytime. For further information contact the Auctioneers and Realtors. Come prepared to buy.
Legal Description: The NE ¼ Except County Auditors H-1 contained therein and except Floren Tract I contained therein, all in Sec. 25, T-104-N, R-52-W, Minnehaha County, SD
Terms: 10% nonrefundable earnest money deposit due on day of sale. Balance due on or before August 1, 2008. Sold subject to any easements, right of ways or restrictions that may appear on the title. Title insurance and closing fee will be split between buyer and seller. The 2007 Real Estate Taxes to be paid by seller. 2008 Real Estate Taxes will be paid by the buyer. Sold subject to confirmation of the owner. Sold subject to existing cash crop lease for crop year 2008. Burlage-Peterson Realty represents the seller in this transaction. Information contained herein is deemed correct but not guaranteed. M.A. Lund, Owner
Auctioneers & Realtors
Jim, Scott & Bob Peterson, Lenny Burlage
317 4th St, Brookings, SD 57006
605-692-7102 off/605-692-1285 fax
www.burlagepeterson.com
