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11/3/2016 10:00:00 AM CENTRAL TIME
483 Ave
288.5 Acres

SOLD! Tract 1 $7100/Ac, Tract 2 $4500/Ac, Tract 3 $2450/Ac

483 Ave, Elkton, South Dakota 57026 | Brookings County


Property Details

Auction Event Details

Attention Row Crop Farmers, Ranchers & Investors! Certified Wetland Determination completed on Tract 1! Now is your opportunity to capitalize on prime crop & pasture land in the bin buster farm country of Parnell Twp between Elkton and Brookings. The home quarter (Tract 1) has been in the Gebhart family since 1951! If you are looking to farm or invest, put your efforts in nothing but the best. These are powerful acres in rarity so call today for a detailed brochure as it will be offered in 3 tracts and take advantage of this auction opportunity! Tract 1 - 128.5+/- Acres: A Certified Wetland Determination has been completed on this parcel. This tract consists of 128.5+/- acres with an overall productivity index of .857! This heavy hitting farm is located in the heart of farm country, near Elkton, with mainly Class I, Kranzburg-Brookings silty clam loams! Laying nearly level, this farm offers an estimated 124.4+/- crop acres with 108.5 estimated base acres, having a wheat base of 6.04 acres and a PLC yield of 54 bu, an oat base of 5.09 acres at 60 bu, a corn base of 53.87 acres at 145 bu, and a soybean base of 43.5 acres at 37 bu. Currently, there is a 17.5+/- acre pasture with a dugout, which 14.73+/- of these acres have previously been farmed. The crop land is currently being utilized by corn, soybeans, and alfalfa. Considering the location, easy access, soil class and the option to convert the pasture back to cropland, this land will be a consistent, high producing row crop farm. Tract 2 - 88+/- Acres: Tract 2 offers 88+/- acres with an overall productivity of .772, offers only Class I and II soils, laying nearly flat. There are 68.27 cropland acres with 30.36 acres currently enrolled in CRP with a $3,370 payment per year, expiring in the fall of 2018. The estimated base acres are 37.87 acres with a 12.08 acre wheat base with a 54 bu PLC yield and a 25.79 acre corn base with 145 bu PLC yield. The 37 acres to the south is currently seeded to a cover crop mix with Turnips, Rape Seed, and Radishes. The balance (18+/- acres) is currently being used as pasture with a soil rating of a .801 having the potential to be converted to crop land having the ability to get into production for the 2017 farming season. There is a fencing credit of $1,562. Tract 3 - 72+/- Acres: With fewer and fewer quality grass land parcels around, this 72+/- acre pasture has easy access, with a water way and dugout for the water source. This pasture has a respectable soil rating of .558 with a nearly level topography. There are 3.84 acres that have been previously cropped. The estimated base acres are 3.83 acres with a 1.22 acre wheat base with a 54 bu PLC yield and a 1.22 acre corn base with 145 bu PLC yield. Currently made up of cool season grasses, this property is suited to carry a healthy stocking rate for eastern SD. There is a fencing credit of $3,938. *Soil information is provided by Surety Agridata. Cropland & base acres are FSA information.

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  • Call Megan (605) 692-2525

Property Details

Street Address:

  483 Ave

City:

  Elkton

State:

  South Dakota

Postal Code:

  57026

Country:

  United States

County:

  Brookings

Listing ID:

  40019-02039

Courtesy of:

  Advantage Land Company

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