Sold
Dane County, WI
251.45 Acres M/L
U.S. Highway 51
Stoughton, WI 53589
Price | Click to Bid Online |
Listing | #17381 |


Property Info
Description
Legal Description
Directions
- Sign On Property: Yes
- Parcel Number: 0512-072-8610-5, 0512-072-8501-0, 0512-072-8000-3, 0512-072-9500-6, 0512-071-9560-5, 0512-071-9000-2, 0512-071-8060-2, 0512-071-9500-7, 0512-071-8000-4, 0512-064-9660-3
- School District: Stoughton School District
- General Area: East of Stoughton
- Soil Productivity: 61.3
- Zoning: Agriculture
Interactive Map
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Tracts
Description
Legal Description
Details
- Acres: 55.87 Acres M/L
- Parcel Number: 0512-072-8610-5, part of 0512-072-8501-0, part of 0512-072-8000-3
- Net Taxes: $483.00
- Soil Productivity: 73.9
Directions
Description
Legal Description
Details
- Acres: 62.65 Acres M/L
- Parcel Number: 0512-072-9500-6, part of 0512-072-8000-3 and part of 0512-072-8501-0
- Net Taxes: $670.00
- Soil Productivity: 74.0
Directions
Description
Legal Description
Details
- Acres: 83.00 Acres M/L
- Parcel Number: 0512-071-9560-5, 0512-071-9000-2, and 0512-071-8060-2
- Net Taxes: $1,189.00
- Soil Productivity: 49.0
Directions
Description
Legal Description
Details
- Acres: 40.00 Acres M/L
- Parcel Number: 0512-071-8000-4 and 0512-071-9500-7
- Net Taxes: $545.00
- Soil Productivity: 42.1
Directions
Description
Legal Description
Details
- Acres: 9.93 Acres M/L
- Parcel Number: 0512-064-9660-3
- Net Taxes: $84.00
- Soil Productivity: 70.0
Directions
Bid Now
Auction Details & Terms
Dane County, Wisconsin Land Auction
251.45± Acres
Wednesday, March 27th, 2024 at 10:00 A.M.
Seller: Oris and Elaine A. Possin Living Trust
251.45± Acres
Wednesday, March 27th, 2024 at 10:00 A.M.
Seller: Oris and Elaine A. Possin Living Trust
Auction Location:
The American Legion – Post 59
803 N Page Street
Stoughton, WI 53589
Title Company:
Preferred Title, LLC
2728 Coho Street
Madison, Wisconsin 53713
Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/
Agency: Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Real Estate Taxes: The real estate taxes will be prorated between the Seller and Buyer(s) to the date prior to closing. Taxes are approximated to the best of our knowledge in the marketing material, and the title company shall confirm the final tax amount before closing.
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction. Visit http://peoplescompany.bidwrangler.com/
Financing: The sale of the property is not contingent upon the Buyer obtaining financing. All financing arrangements are to have been made before bid submission. By bidding, the bidder makes a representation that he/she has the present ability to perform at the bid price and will fulfill all obligations within the Real Estate Sale and Purchase Agreement.
Financing: The sale of the property is not contingent upon the Buyer obtaining financing. All financing arrangements are to have been made before bid submission. By bidding, the bidder makes a representation that he/she has the present ability to perform at the bid price and will fulfill all obligations within the Real Estate Sale and Purchase Agreement.
Earnest Money Payment: A 10% non-refundable earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of a check or wire transfer. All funds will be held in the Preferred Title, LLC trust account.
Closing: Closing will occur on or before Wednesday, May 15, 2024. The balance of the purchase price will be payable at closing in the form of a wire transfer. With respect to the timing of the Sellers and successful Buyer(s) in fulfilling their obligations under the Real Estate Purchase Contract, time is of the essence.
Possession: Possession of the land will be given at closing. Early possession may be granted upon deposit of Earnest Money and a copy of liability insurance.
Farm Lease: The farm is available for the 2024 growing season.
Farm Program Information: Farm Program Information is provided by the Dane County Farm Service Agency. 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 Dane County FSA and NRCS offices.
Farm Program Information: Farm Program Information is provided by the Dane County Farm Service Agency. 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 Dane County FSA and NRCS offices.
Survey: Wisconsin Mapping, LLC has completed a Plat of Survey of the entire farm to determine outside boundary lines. If Tracts 1, 2, 3, or 4 are purchased separately, Sellers will provide a survey at their expense to divide the tracts, if needed, based on the result of the sale.
Vacant Land Disclosure Report: Buyer waives his right to the Vacant Land Disclosure Report under Wis. Stat. §709.02 and further waives his right to rescind under Wis. Stat. §709.05 according to Wis. Stat. §709.08.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit the required earnest money payment with Preferred Title, LLC. The terms of the signed Real Estate Purchase Contract shall govern the sale and shall supersede all prior negotiations, discussions, representations, or information regarding the sale, including this brochure. The Seller will furnish, at Seller’s expense, a current Title Commitment for an Owner’s Policy in the amount equal to the Total Purchase Price. Buyer will pay the premium for any title insurance policy Buyer chooses to obtain. The Seller agrees to convey marketable title to the property. This sale is not contingent on financing.
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, they will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary.
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. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on 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. This auction is with reserve.
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. The 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 paperwork.
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