Auction128.46 Acres
Off Market
Off Market
Auction128.46 Acres
Off Market

Elkton, SD 57026 - Brookings County

Farms
Undeveloped
Static Google Map
Property ID 21977231

Auction Information

128.46 +/- Acres of Brookings County, SD Land Auction
SW1/4 SEC 20-T109N-R47W , Elkton, SD
12/12/2024, 08:00 AM
Online Bidding SiteExternal Link

128.46 +/- Acres of Brookings County, SD Land Auction

If youre going to farm, farm the best in the best area! With an average cropland soil rating of 81.8% PI on the North 106 Acres, this prime dirt provides a once in a lifetime investment in Brookings Countys most productive row crop communities, just outside Elkton, SD. Advantage Land Co. proudly presents this 128.46+/- acres of quality dirt with a drainage easement which was put in place with an installed 8 non-perforated tile line out letting in the City of Elktons drainage ditch for future drain tile projects, if one pursued. Currently 119.07 acres are enrolled in CRP since October 2022 at a rate of $232.05 for a total payment of $27,630 creating a wildlife refuge with native grasses and 3 different tree belts. The North 106 acres is ready for modern day equipment and has great potential to be farmed and is lined by a mature tree belt that stretches the half mile to keep wind erosion at a stand still. FSA reports a total of 119.07 Cropland acres with currently a 4.92 total base acres comprised of a 4.92 acre Corn base with a 70 bu PLC yield. There is a total of 62.38 acres in the CCC-505 CRP Reduction Acres, broke out to 43.78 acres in Corn and 18.6 Acres of Oats which typically revert back to the base acreage when the CRP contract is either terminated or expired. This property has been enrolled in CRP for 30+/- years creating minimal soil and wind erosion resulting in this quality dirt being ready to go for your operation. There is an option for a CRP buyout to provide that this property is free and clear for the 2025 farming season in the amount of $64,326.48 as of 11.6.2024. The buyout fee will be higher at closing due to a favorable interest rate being charged. This lifetime investment provides quality along with character, so take Advantage of this opportunity to build your base and bid to buy December 12th.

Directions

From Elkton, SD: Head West on SD-13 for 1 mile. Turn South on 485th Avenue for .5 miles. The property begins on the East side of the road.

Resources

Links
Property Website
Auction Website
Contact Seller
Advantage Land Co.

Brookings, SD

(605) 302-6330
Listing provided by
Megan Hammond
Advantage Land Co.(605) 302-6330
Listing last updated: November 13, 2024 at 12:21 PM
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