Brookings County

Land Sale & Cash Rent Auction

White, SD Area

Sold!---$888,000.00

 Leased--152 Crop Acres @ $355.00 Ac.

We will Sell one quarter and Cash Rent another Quarter on Site at Public Auction  located from White, South Dakota go 4 miles East on US Hwy. 30  to 482^nd. Avenue then 1 mile north to the Auction Site at the Corner of 202^nd. Street and 482^nd. Avenue.  Both Tracts will be auctioned from this location!!

Thursday--Sept. 22^nd. 12:00 Noon

Tract 1—Selling 160 Acres M/L:  The SE ¼ of Section 34-112-48—FSA records presently show approx. 137 Highly Productive, Gently Rolling, Cropland Acres with the balance in trees and grass waterway.  The predominate soil on this farm is Barns Clay Loam, 2 to 6 percent slope and carries a Soil Productivity Index of 82—The Weighted Average Soil Index for the entire tract is 73.4.  This is a great quarter that has been well farmed in an outstanding farming community.  Taxes are just $2,065.12.

Tract 2—Cash Renting 160 Acres M/L:--The NE ¼ of Section 28-111-48—This will be auctioned from our Tract 1 location !!  This tract is located from White So. Dak. Go 2 miles South  to 206^th. Street then go 2 ½ miles East to the NW corner of the property—( From the Corner of 206^th. Street and 480^th. Avenue go ½ mile East on the minimum maintenance road)  FSA records presently show approximately 151.60 highly productive cropland acres with the predominate soil being Barns Clay Loam, 2 to 6% slope with a productivity index of 82.  This is a beautiful farming quarter presently all seeded to soybeans.  Lease Terms:  We are offering a 2 year lease for the 2012 & 2013 crop years with a possibility for a 3^rd. year at the owners discretion to be decided sale day.  A 10% down payment of the 1^st year lease due immediately with the 1^st. year balance due March 1^st 2012.  Subsequent lease payments are due on March 1^st. of each year.

Terms & Conditions on Sale of Tract One:  A 10% down payment due sale day with the balance due in full on or before Nov. 15^th. Seller to pay 2011 tax due 2012.  Buyers are required to inspect this property at any time and perform their own due diligence as this property is sold as is with no guarantees and subject to existing easements & restrictions of record.  Sold subject to owner confirmation with Bob Hansen Land & Auction and Ernie Hummel of Key Real Estate representing the Sellers.  View maps & pictures online at www.hansenauction.com.   Thanks!!

----------Tract - 1----------

For Sale

----------Tract - 2----------

For Lease

 Eleanor Poss - Owner