Grant County, WI, Iowa County, WI, Lafayette County, WI,
1810.00 Acres M/L
Grant, Iowa and Lafayette Counties |
Belmont, WI 53510 |
Listing #15393
Property Info
Description
Peoples Company is pleased to be representing Cropland Investments LLC in the sale of 1,810 total acres m/l located in Grant, Iowa, and Lafayette counties in Wisconsin. The 1,810 acres m/l is a combination of four farms located in SW Wisconsin. The land will be offered in 18 tracts via Public Auction to be held at the Belmont Convention Center in Belmont, Wisconsin at 10:00 AM on Thursday, April 22nd. Buyers will have the option of live and online bidding. Don't miss an opportunity to participate in one of the largest land auctions to be held in SW Wisconsin.
A two percent (2%) Buyer's Premium will be added to the final bid price and included in the total purchase price.
Legal Description
Exact Legal to be taken from the Tile Commitment.
Directions
Tracts 1-2. Take Roger Hollow south out of Fennimore. Take a right on Mt North Rd. Property is at the intersection of Mt North and Mt Ridge Rd.
Tracts 3-4. Take Highway 133 north out of Cassville. Once you crest the hill the property driveway is on the left.
Tracts 5-12. Take Highway 81 east out of Darlington for 6 miles. Property in located at the intersection of Highway 81 and Lancaster Rd.
Tracts 13-18. Take Highway 18/151 north out of Dodgeville. Take Exit HHH into Ridgeway. Property will be on the right.
- Sign On Property: Yes
- General Area: Southwest Wisconsin
- Online Bidding: Yes
- Auction Date: Apr 22, 2021
- Possession: At Closing, Subject to Tenant's Rights
- Terms: Cash/Conventional
Bid Online
Auction Details
Grant, Iowa and Lafayette County Wisconsin Land Auction
1,810 Acres M/L
Thursday, April 22, 2021
10:00 AM
Seller:
Cropland Investments LLC
Auction Location:
Belmont Convention Center
103 W Mound View Ave
Belmont, WI 53510
Auction Method: The Property will be offered in four groups. Tracts 1, 3 and 4 will be offered via the traditional auction method with Tract 3 selling on a whole dollar amount. Next, Buyer’s Choice will be offered on Tracts 5-12. Finally, Buyer’s Choice will be offered on Tracts 13-17. Tract 18 will be offered individually on a whole dollar amount.
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction.
Buyer's Premium: Buyer will be responsible for payment of a premium of 2% of the purchase price, payable at closing.
Farm Program Information: Farm Program Information is provided by the Lafayette, Iowa, and Grant County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Lafayette, Iowa, and Grant County FSA and NRCS offices.
Earnest Money Payment: A 10% NON REFUNDABLE earnest money payment is required on the day of the auction for each tract. The earnest money payment may be paid in the form of cash, check or wire. All funds will be held at Security First Title Company.
Closing: Closing will occur on or about Tuesday, June 1, 2021. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.
Possession: Possession of the farm will be given at closing, unless otherwise stated herein. The seller, in its sole discretion, may grant early possession to the Buyer(s) of Tracts 3 and 4 once the 10% earnest payment is received and proof of liability insurance is provided. Contact Agent for details.
Farm Lease: The current farm lease for Tracts 1 and 2 runs through the 2021 growing season and is leased out for $300 per tillable acre. Tracts 5-17 have a current farm lease through the 2021 growing season of $250 per tillable acre. Farm lease for Tracts 3, 4 and 18 have been terminated, these tracts will be open for the 2021 growing season. All 2021 Farm income will be given to the new buyers.
Contract & Title: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Security First Title Company the required earnest money payment. The Seller will furnish a recent pro forma commitment to issue an ALTA Owner's Policy in the amount equal to the purchase price. The title insurance premium and title company fees and closings costs shall be split 50% to the Seller and 50% to the Buyer.
Financing: Buyer's obligation to purchase the Real Estate is unconditional and is not contingent upon Buyer obtaining financing. All financial arrangements are to be made prior to bidding at the auction.
Survey: Surveys have been completed on all tracts. The acres of the tracts are subject to change and the purchase price will be based on the new surveyed acres. No additional survey or staking will be paid by the Seller. Plat of Surveys will be available prior to Auction. Contact Agent for details.
Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the sellers. Not all tract and boundary lines are fenced and, if needed, will be the responsibility of the Buyer after closing. Existing fence lines may not fall directly on the legal boundary. All fences and fence lines shall be governed by Grant County, Iowa County, or Lafayette County and the State of Wisconsin's fence line rules and regulations. No new fences will be installed by the Seller.
Tract 3 Septic System: The septic system on Tract 3 will not be updated and will sell in its current as-is condition. The new owner of Tract 3 will be responsible for any repairs, updates, or replacement to the septic system per the Wisconsin DNR rules and regulations, if needed.
Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per acre basis. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from Title Commitment.
Interactive Map
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Tract 1 - MT Ridge Road, Fennimore, WI
Description
Tract 1 consists of a total of approximately 78 acres m/l with an estimated 74.93 FSA cropland acres. The primary soil types include Tama silt loam and Dodgeville silt loam. Located just off of Mt Ridge Rd, this tract is situated in Section 35 of Mount Ida Township.
* This tract contains an easement for the neighboring land owner to access their acreage *
**Tracts 1 and 2 will be sold as one tract consisting of 210.26 acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 78.00 Acres M/L
Directions
Take Roger Hollow South out of Fennimore. Take a right on Mt North Rd. Property is at the intersection of Mt North and Mt Ridge Rd.
Tract 13 - County Rd HHH, Ridgeway, WI
Description
Tract 13 consists of a total of approximately 74 acres m/l with an estimated 69.65 FSA cropland acres. The primary soil types include Palsgrove silt loam and Newglarus silt loam. This tract has unlimited possibilities with its location. This tract would be a great addition to your current farming operation or a great investment opportunity for a possible subdivision. This tract is located just off of Highway 151. Located just off of County Rd HHH, this tract is situated in Section 14 and 15 of Ridgeway Township.
**Tract acres have been adjusted to 76.48 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 74.00 Acres M/L
Directions
Take Highway 18/151 North out of Dodgeville. Take Exit HHH, just before you cross the overpass the property will be on your right side.
Description
Tract 18 consists of approximately 5 acres m/l. This would make for a great building site with easy street access. This parcel would also serve as an ideal location for multiple billboards with the great Highway 151 frontage. Located just off of Meudt Ct, this tract is situated in Section 14 of Ridgeway Township.
*This a nonconforming tract*
**Tract acres have been adjusted to 3.75 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 5.00 Acres M/L
Directions
When entering Ridgeway from the south on County Rd HHH take a right on W Farwell St and then a Right on Meudt Ct.
Tract 17 - County Rd H, Ridgeway, WI
Description
Tract 17 consists of a total of approximately 140 acres m/l with an estimated 24.06 FSA cropland acres. The primary soil types include Palsgrove silt loam and Newglarus silt loam. This tract is everything an avid outdoorsman would want. Smith Conley Creek flows right through the middle of the mature hardwoods. The 24 acres m/l of tillable acreage can be put into strategic food plots. This is a great affordable tract with some awesome hunting. Located just off of County Rd H, this tract is situated in Section 14 of Ridgeway Township.
* This tract contains an easement for access to the cell tower and billboards*
**Tract acres have been adjusted to 134.42 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 140.00 Acres M/L
Directions
Take County Rd H out of Ridgeway 1/2 mile to 5th Street.
Tract 16 - County Rd H, Ridgeway, WI
Description
Tract 16 consists of a total of approximately 183 acres m/l with an estimated 82.26 FSA cropland acres. The primary soil types include Palsgrove silt loam and Newglarus silt loam. This tract has a little bit of everything to offer. The 82 acres m/l of tillable ground bring in a nice healthy yearly income. This tract is loaded with deer sign everywhere, and with multiple pinch points this parcel would be a hunters dream tract. Once you crest the hill to the open ridge top you will not find a better place to build that dream home. Located just off of County Rd H, this tract is situated in Section 23 of Ridgeway Township.
**Tract acres have been adjusted to 183.86 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 183.00 Acres M/L
Directions
Take County Rd H south out of Ridgeway. Travel one mile and the property will be on your right.
Tract 15 - County Rd H, Ridgeway, WI
Description
Tract 15 consists of a total of approximately 126 acres m/l with an estimated 86.65 FSA cropland acres. The primary soil type for this parcel is Dodgeville silt loam. The parcel checks every box. If you're looking to add some acreage to your farming portfolio this one has some nice tillable acreage to do just that. This parcel would make an excellent building site for multiple homes with excellent views in every direction. Located just off of County Rd H, this tract is situated in Section 13 and 24 of Ridgeway Township.
**Tract acres have been adjusted to 125.60 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 126.00 Acres M/L
Directions
Take County Rd H south out of Ridgeway. Property is on the left hand side one mile out of Ridgeway.
Tract 14 - Rock Rd, Ridgeway, WI
Description
Tract 14 consists of a total of approximately 44 acres m/l with an estimated 21.71 FSA cropland acres. The primary soil type is Dogdeville silt loam. This parcel would make an excellent building site with 20 plus acres of mature hardwoods with great views. Located just off of County Rd H, this tract is situated in Section 13 and 14 of Ridgeway Township.
**Tract acres have been adjusted to 45.05 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 44.00 Acres M/L
Directions
Take County Rd H south out of Ridgeway. The property is at the intersection of Rock Rd and County Rd H.
Tract 3 - 6629 Hwy 133, Cassville, WI
Description
Tract 3 consists of a total of approximately 65 acres m/l with an estimated 7.62 FSA cropland acres and 40 acres m/l of pasture. The primary soil type is Fayette silt loam. This secluded and peaceful 65 acres m/l sits on a ridge top with views of Nelson Dewey State Park and the Mississippi River. The two story Farm House features four bedrooms and two baths with some nice updates done to the house. Outbuilding include: Milking parlor (swing-6) and free stall built in 2002, 60 stanchion barn w/ mattresses, 3 machine sheds and 3 cattle sheds all in great shape with newer tin on all buildings. Located just off of Hwy 133, this tract is situated in Section 7 and 18 of Cassville Township. The septic system on Tract 3 will not be updated and will sell in its current as-is condition. The new owner of Tract 3 will be responsible for any repairs, updates, or replacement to the septic system per the Wisconsin DNR rules and regulations, if needed.
**Tract acres have been adjusted to 66.50 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 65.00 Acres M/L
Directions
Take Highway 133 North out of Cassville. Once you crest the hill the property driveway is on the left.
Tract 4 - Highway 133, Cassville, WI
Description
Tract 4 consists of a total of approximately 248 acres m/l with an estimated 120 FSA cropland acres. The primary soil type is Fayette silt loam. This 248 acre m/l parcel boarders Nelson Dewey State Park. The views of this parcel are astonishing over looking the Mississippi River setting up for that million dream home view. The mature hardwoods make for some of the best Whitetail hunting Grant County has to offer. The 120 acres m/l of tillable acreage sets up for an ideal yearly income. Located just off of Hwy 133, this tract is situated in Section 7 and 18 of Cassville Township
**Tract acres have been adjusted to 249.46 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 248.00 Acres M/L
Directions
Take Highway 133 North out of Cassville. Once you crest the hill the property driveway is on the left.
Tract 2 - Mt Ridge Rd, Fennimore, WI
Description
Tract 2 consists of a total of approximately 134 acres m/l with an estimated 131.85 FSA cropland acres. The primary soil types include Tama silt loam and Dodgeville silt loam. Located just off of Mt Ridge Rd, this tract is situated in Section 35 of Mount Ida Township.
**Tracts 1 and 2 will be sold as one tract consisting of 210.26 acres, more or less per completed plat of survey completed by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 134.00 Acres M/L
Directions
Take Roger Hollow South out of Fennimore. Take a right on Mt North Rd. Property is at the intersection of Mt North and Mt Ridge Rd.
Tract 5 - Highway 81, Darlington, WI
Description
Tract 5 consists of a total of approximately 59 acres m/l with an estimated 48.74 FSA cropland acres. The primary soil types include Palsgrove silt loam and Newglarus silt loam. Located just off of Hwy 81, this tract is situated in Section 33 and 32 of Lamont Township.
**Tract acres have been adjusted to 59.07 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 59.00 Acres M/L
Directions
Take Highway 81 East out of Darlington for 6 miles. Property in located 1/4 mile past the intersection of Lancaster Rd and Highway 81.
Tract 6 - Highway 81, Darlington, WI
Description
Tract 6 consists of a total of approximately 138 acres m/l with an estimated 82.32 FSA cropland acres. The primary soil types include Palsgrove silt loam and Newglarus silt loam. This tract offers a great mixture of tillable and recreational land. Multiple trophy Whitetail Deer have been harvested off of this parcel. This parcel would also make a great building site over looking the creek running through the valley. Located just off of Hwy 81, this tract is situated in Section 33 and 32 of Lamont Township.
**Tract acres have been adjusted to 135.33 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 138.00 Acres M/L
Directions
Take Highway 81 East out of Darlington for 6 miles. Property in located at the intersection of Highway 81 and Lancaster Rd.
Tract 7 - Highway 81, Darlington, WI
Description
Tract 7 consists of a total of approximately 62 acres m/l with an estimated 41.73 FSA cropland acres. The primary soil types include Newglarus silt loam and Palsgrove silt loam. This tract offers a 66x115 bunker silo with a cement floor. Located just off of Hwy 81, this tract is situated in Section 4 and 5 of Darlington Township.
**Tract acres have been adjusted to 62.06 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 62.00 Acres M/L
Directions
Take Highway 81 East out of Darlington for 6 miles. Property in located at the intersection of Highway 81 and Lancaster Rd.
Tract 8 - Highway 81, Darlington, WI
Description
Tract 8 consists of a total of approximately 124 acres m/l with an estimated 83.02 FSA cropland acres. The primary soil types include Palsgrove silt loam and Newglarus silt loam. Located just off of Hwy 81, this tract is situated in Section 4 and 5 of Darlington Township.
**Tract acres have been adjusted to 123.93 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 124.00 Acres M/L
Directions
Take Highway 81 East out of Darlington for 6 miles. Property in located at the intersection of Highway 81 and Lancaster Rd.
Tract 9 - County Rd M, Darlington, WI
Description
Tract 9 consists of a total of approximately 82 acres m/l with an estimated 42.75 FSA cropland acres. The remaining 40 acres m/l is pasture with scattered oaks throughout. The primary soil types are Newglarus silt loam and Palsgrove silt loam. An old barn sits just off of W Dobbs Rd. This property also a has a well that servers the property. This location would make an ideal building location or a great hobby farm. Located just off of Hwy 81, this tract is situated in Section 4 and 5 of Darlington Township.
**Tract acres have been adjusted to 81.44 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 82.00 Acres M/L
Directions
Take Highway 81 East out of Darlington for 6 miles, then take a right on County Rd M. The property will be on your left hand side. There is also access to this property off of W Dobbs Rd.
Tract 10 - County Rd M, Darlington, WI
Description
Tract 10 consists of a total of approximately 53 acres m/l with an estimated 42.18 FSA cropland acres. The primary soil types include Palsgrove silt loam and Newglarus silt loam. With great access off of County Rd M this parcel would make an unreal building location over looking Rem-Lovetts Creek. Located just off of County Rd M, this tract is situated in Section 9 of Wiota Township.
**Tract acres have been adjusted to 53.60 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 53.00 Acres M/L
Directions
Take Highway 81 East out of Darlington for 6 miles, take a right on County Rd M. Once you get to the valley and cross the bridge the driveway will be on the left hand side.
Description
Tract 11 consists of a total of approximately 104 acres m/l of mature hardwoods. If you're looking for some recreational ground that has some unreal hunting look no further. This tract has had several 160" to 180" class Boone and Crocket Bucks taken off of this parcel over the years. The mature hardwoods, ridge tops, deep ravines and being surrounded by agriculture fields set up multiple pinch points for hunters. Lovetts Creek is the main water source that serves the property and flows all year round. This parcel has everything a true outdoorsman would appreciate. Located just off of W Dobbs Rd, this tract is situated in Section 4 of Lamont Township.
**Tract acres have been adjusted to 105.42 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 104.00 Acres M/L
Directions
Take Highway 81 East out of Darlington for 6 miles, then take a right onto County Rd M. Stay on County Rd M for 1 mile and then take a left on W Dobbs Rd. There are 2 access points to enter this parcel.
Tract 12 - W Dobbs Rd, Darlington, WI
Description
Tract 12 consists of a total of approximately 91 acres m/l with an estimated 18.40 FSA cropland acres. The primary soil types for the tillable acreage is Chaseburg silt loam and Newglarus silt loam. The reaming acreage is great pasture for cattle with scattered Oak trees and many Walnut trees. Rem-Lovetts creek flows though the property. Located just off of W Dobbs Rd, this tract is situated in Section 4 of Lamont Township.
**Tract acres have been adjusted to 90.59 Acres, more or less per completed plat of survey by Halverson Land Surveying**
Legal Description
Exact Legal to be taken from Title Commitment.
Details
- Acres: 91.00 Acres M/L
Directions
Take Highway 81 East out of Darlington for 6 miles, turn left on County Rd M. The property is at the intersection of County Rd M and W Dobbs Rd.
Video
Click the “play” button below to watch an aerial drone video of this property.
Tract 1 Photos
Tract 13 Photos
Tract 18 Photos
Tract 17 Photos
Tract 16 Photos
Tract 15 Photos
Tract 14 Photos
Tract 3 Photos
Tract 4 Photos
Tract 2 Photos
Tract 5 Photos
Tract 6 Photos
Tract 7 Photos
Tract 8 Photos
Tract 9 Photos
Tract 10 Photos
Tract 11 Photos
Tract 12 Photos
Adam Crist
LAND AGENT
Adam.Crist@PeoplesCompany.com
Office: 608.482.1229
Mobile: 608.482.1229
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