185.78 acres in Brookings County, South Dakota

Upcoming Live Public Auction Of 185.78+/- Acres Of Land Located In Medary TWP, Brookings County, SD This Land Is Located South Of Brookings, SD & Is Just North Of The Moody & Brookings County Line! This Farm Has An Excellent Topography & Has A Pivot Irrigation System On The Property! This Parcel Of Land Is Well Located & Is Adjacent To HWY 77 & Is Only A Short Distance From The Southern Outskirts Of Brookings, SD! Owner Is Willing To Lease Back This Property At An Attractive Rate For 2 Years If A Buyer Desires! Property Location: From the Pheasant Restaurant in Brookings County, SD at the intersection of 8th St S./Main Ave. S go South on Main Ave S for 3 miles to the curve then go around the to the East for 1/4 mile then go South on 471st Ave (77) for 2 1/2 miles to the farm site or from Exit 127 on I 29(Elkton/Sinai Exit) go West on 217th St for 1 1/2 miles to 471st Ave (77) then go South for 1 1/2 miles to the farm. Farm is on the West side of 471st Ave. (77). Auction to be held onsite at the farm location. Land Auction Date: June 25, 2025 10:30 A.M. Auctioneers Note: The Zomer Company is honored to have the privilege to present this outstanding Brookings County, SD property for sale at auction! The owner of this property is selling the property to purchase land near his home operation and will be completing a 1031 exchange! Land in this area of Brookings County, SD is not always readily available for purchase! If you are a land investor or farmer in the area then do not pass up this opportunity to own this tract of Brookings County, SD land! Purchasing land is an investment in your families future! Abbreviated Legal Description: The SE 1/4, except Lot H-1 thereof, and except the Medary monument site as referenced in Book 18 of Plats on Page 38, in the Southeast corner thereof, and except Jorgensen addition, and except Block 3 of Vrchota addition thereof; and The E1/2 of the SW1/4, except Block 3 of Vrchota addition thereof; and The S 1/2 of the NE1/4, except the West 17 feet of the East 50 feet thereof for highway purposes; and The South Six Hundred Seventy Feet of the East Two Hundred Eighty feet of the Northwest Quarter; all in Section 26, TWP 109N, Range 50W, Brookings County, SD. Sold subject to all public roads and easements of record. General description Of Property: According to the Brookings County SD assessor, this property contains 185.78+/- gross acres. According to FSA, this property contains approx. 181+/- tillable acres! This farm has a corn base of 135.14 acres with a PLC yield of 151bu. and a soybean base of 45.05 acres with a PLC yield of 41bu. The tillable farmland is classified as NHEL. The predominant soil types of the land include: Z159A-Divide, Z168A-Allivar, Z156A-Ludden, Z161A-Spottswood, Z158A-Marrysland, Z160A-Moritz, Z169A-Fordtown, Z166A-Fordtown. According to Agri-Data this tillable land has a productivity index rating of 49.8. This property includes center pivot 9 tower irrigation system with a Valley control and Field Net. This irrigation can be controlled through a smartphone app to turn it on and off and also has an automatic fail safe system that automatically shuts the pivot off if there are any issues with the system. The water for the irrigation system is pumped from a water holding reservoir on the property with a floating elec pump and also has an agreement that potentially allows for an additional water source as shown on a deed recorded May 3, 2004. Elec service is provided by Sioux Valley Elec. This property has a irrigation water permit/license with the South Dakota DNR which allows for a pump rate of 1.78cu ft per second on 164 acres. Buyer will be responsible to file the change of ownership form with the SD DNR for the water license/permit. Buyer is solely responsible to verify any information on the irrigation system that is important to buyer. Land for generations has proven itself to be an excellent investment! Making the decision to invest in farmland is a decision that your family will thank you for making for generations to come! The seller of the property is willing to offer a 2 year lease back option for 2026 and 2027 at a rate of $325.00 per tillable acre or if you are a farmer and would like to farm the land yourself the owner will grant possession of the land after the completion of the 2025 crop harvest! This is an incredible opportunity to purchase a farm as an investor or farmer! Whether you are an investor or farmer looking for farmland this is a great opportunity to purchase an irrigated farm located South Of Brookings County, SD! Method of sale: Auction of the property will be held onsite at the farmland! Farm will be sold with the final bid price times the gross county stated acres! This farm has not been surveyed. Taxes: The current Real Estate Taxes according to the Brookings County Treasurer are currently estimated at approx. $3,329.38 per year. Taxes will be pro-rated through December 31, 2025. Possession: This land is farmed by the current owner and will be available for possession after the completion of the 2025 crop harvest! Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before October 15, 2025, when the buyer shall receive a clear and merchantable title to the property. Owners Title insurance and closing fee split 50/50 between buyer and seller. The Title Company will act as Escrow and Closing agent. This property is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statutes. Buyer agrees to accomodate the seller with a 1031 exchange. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. All measurements and years built are estimated and not guaranteed. This Property is being sold subject to the confirmation of the sellers. All buyers are encouraged to do buyers due diligence. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.