310 Sorensen Drive
PO Box 498
Chamberlain, SD 57325
[email protected]
Office 605.234.4214
Mobile 605.730.4214


310 Sorensen Drive
PO Box 498
Chamberlain, SD 57325
 

Brule County (Brule TWP), SD Land Auction

SOLD

Chamberlain, SD

November 30, 2023

Outstanding buying opportunity on 160 acres of productive, well-located Brule County, SD crop land featuring excellent access and powerful soil profile!  Located five miles south of I-90 Exit 265.  This property is bordered by paved county road 344th Avenue on the west and gravel road 254th Street on the south.  Rarely does a nice piece of excellent cropland hit the market with this location and access!  Purchaser can farm the land in 2024. Inspect the property on your own - from the roads.  More details - including FSA map & data will be made available.  Contact our office with any questions.  Remember...only at auction!


SOLD FOR $6700/ACRE!


Legal: SW 1/4 of Section 23-T103N-R71W of the 5th PM Brule County, SD. 160 +/- acres. Outstanding, nearly all tillable, easily accessed piece of property that features 154.77 +/- acres under cultivation with the balance in ROW and small area of trees.  The entire tract boasts a 77 productivity index-indicating great quality soils!  Paved road access along the west boundary and bordered by a county gravel road along the south.  


Real Estate Taxes: $2246.54 (2022)



 


Property Directions: Chamberlain, SD I-90 Exit 265, Four and a half miles south on 344th Ave.  Property is on the east side of the highway.  Signs designate the property.


Owner: Schwiesow Family Trust


Terms


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 January 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.