Auction Location:  AmericInn Chamberlain Conference Center, 1981 E King St, Chamberlain, SD

We welcome your interest in the Cedardale Ranch Land Auction!  What an exciting opportunity to purchase 911.01 +/- acres of agricultural land perched above – and in – the picturesque Missouri River valley south of Chamberlain, SD!  The property consists of tillable land, river hill pasture, and cedar breaks – all with dynamic views of the river valley!  Chances at this type of property do not come along very often!  Farmers, ranchers, outdoor enthusiasts or those searching for their forever getaway will want to join us auction day!  Contact our office with any questions.  Remember...only at auction! 

Legal Descriptions: 

Tract 1: SE ¼ of Section 1, SW ¼ of Section 1, E ½ NW ¼ Except Lot 2 (11.02 ac) of Pearson Addition of Section 1, NE ¼ Except Lot 1 & 2 of Pearson Addition (61.37 +/- acres) of Section 1. All in T101-N-R71W of the 5^th PM, Brule County, SD.  478.42 +/- acres.  Tract 1 consists of 125.63 +/- acres under cultivation with the remaining 352.79 +/- acres in pasture and ROW.  This parcel features an overall productivity index of 36.9.  Of note, the cultivated land features a productivity index of 81 – indicating high quality soil!  The Parcel is easily accessed on the south and east side of Elm Creek Road.  If buyer desires rural water, they will need to make application for rural water service with Aurora-Brule Rural Water.  R.E. Taxes (Est): $3495.06 (2024)

Tract 2:  W ½ NW ¼ of Section 1, NE ¼ of Section 2, NW ¼ of Section 2 all in T101N-R71W and the SW ¼ SW ¼ of Section 35-T102N-R71W of the 5^th PM, Brule County, SD. (432.59 +/- Ac).  Tract 2 consists of 62.91 +/- acres under cultivation with the remaining 369.68 +/- acres in pasture and ROW.  The overall productivity index for this tract is 24.4, with the cultivated acres featuring a 66 productivity index.  This tract is easily accessed on Elm Creek Road on the north and west sides.  If the buyer desires rural water, they will need to make application for rural water service with Aurora-Brule Rural Water.  R.E. Taxes (Est): $2117.17 (2024)

Entire Unit:  SE ¼ of Section 1, SW ¼ of Section 1, E ½ NW ¼ Except Lot 2 (11.02 ac) of Pearson Addition of Section 1, NE ¼ Except Lot 1 & 2 of Pearson Addition (61.37 +/- acres) of Section 1, W ½ NW ¼ of Section 1, NE ¼ of Section 2, NW ¼ of Section 2, All in T101-N-R71W AND SW ¼ SW ¼ of Section 35-T102N-R71W of the 5^th PM, Brule County, SD.  911.01 acres. Collectively, these two tracts combine 188.54 +/- acres under cultivation with 722.47 +/- acres in pasture, and ROW.  The Cedardale Ranch property is one of the most unique properties we have ever brought to market.  Crop land, grazing, hunting and building opportunity potential all in the realm of possibilities!  The land will be offered in individual tracts and one combination and will be sold in the manner that generates the most revenue for the seller. R.E. Taxes (Est): $5612.23

Property Directions: From Pukwana: I-90 Exit 272; 10.5 miles south on SD Hwy 50, 2 miles west on 261^st Street to Ola, 1 mile south on 349^th Avenue, 3.25 miles west on 262^nd Street. From Chamberlain, SD: I-90 Exit 265; 9.5 miles south on 344^th Avenue, 3 miles east on 259^th St, 3 miles south on 347^th Avenue, 1.25 miles west on 262^nd Street. Signs designate the property. Inspect from the road or contact our office for a private tour.  

Owners: Clint Pearson

Terms & Conditions:  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.  The deposit will be held in the trust account at Brule County Abstract/Lyman County Title where it will be held until closing and applied to the respective purchaser’s purchase price.  Buyers who are unable to close because of insufficient funds will be in default and the earnest money shall be forfeited.  Each potential bidder shall be responsible for conducting, at their own risk, independent inspections, inquiries, and due diligence concerning the property.  Property will be sold subject to confirmation of the seller.  Seller makes no warranty whatsoever about the property and specifically disclaims all warranties of fitness for a particular purpose or any warranty.  Property sells in AS-IS condition. Property is being sold by legal description only.  Should purchaser elect to have a survey completed it will be at the expense of the purchaser.  In the event of any acreage discrepancy, the final contract price will not be adjusted to reflect any difference between the advertised acres and surveyed acres. Closing date shall be on or before January 16, 2025 at Brule County Abstract, Chamberlain, SD.  The closing fee shall be divided equally between the buyer and seller. Possession and risk of loss on the property transfer at closing subject to the current lease which expires March 1, 2025.  Buyer has the right to farm the land in 2025.  Merchantable title shall be conveyed by Warranty Deed.  Owners title insurance will be provided with the cost divided equally between buyer and seller.  2024 Real Estate taxes due and payable in 2025 shall be paid by the seller.  2025 taxes shall be paid by the Buyer. Chisum E. Peterson, Broker and Peterson Land & Auction LLC, Brokerage Firm, represent the Seller Only in this transaction.