Sold
Grant County, WI
173.31 Acres M/L
Kirkwood Road
Cuba City, WI 53807
| Price | |
| Listing | #17296 |
Property Info
Description
Grant County, Wisconsin Land Auction - Peoples Company is pleased to present the sale of 173.31 surveyed acres of prime organic Grant County, Wisconsin farmland. The Runde Family Farm was first homesteaded in 1961 and has not been publicly available for over 50 years. With long, straight rows, rich soils, and excellent hard-surfaced access off Kirkwood Road, this farm will make a highly desirable add-on to an existing farming operation. The primary soil types on these tracts include top-producing Tama silt loam, Fayette silt loam, and Dodgeville silt loam. 3.17 previously enrolled acres in CRP (Conservation Reserve Program) and 14.73 acres in CREP (Conservation Reserve Enhancement Program) have been removed from the programs. They are eligible to be farmed for the 2024 cropping season.
The Runde Family Farm has used meticulously managed organic farming practices since 2000. This farm has been 100% USDA-certified organic since 2003. The Runde Family Farm has been free of synthetic chemical inputs such as synthetic fertilizers, pesticides, and genetically modified (GMO) seeds for over twenty years (beginning in 2000), three years before receiving Global Organic Alliance, Inc. organic certification. The Runde Family Farm has utilized natural processes and materials that contribute to soil health, pest and weed management, and conservation of biological diversity, ensuring organic integrity and long-term sustainability. Cover crops have also been implemented to improve soil health, control erosion, improve water infiltration, and manage nutrients. The contours and terracing on this farm are a soil conservation practice applied to prevent rainfall runoff and soil erosion, allowing the water to soak into the soil instead.
These high-quality farmland tracts are located in a strong farming community. They would make for a great add-on tract to an existing farming operation or an investment for the buyer looking to diversify their portfolio or hedge inflation. There are several grain marketing outlets located nearby, including grain elevators and ethanol plants that can be accessed by both county and state paved highways. The farm lease will be open for the 2024 cropping season.
Tract 1: 20 surveyed acres with 20.55 FSA cropland acres carrying an NCCPI rating of 86.6.
Tract 2: 153.31 surveyed acres with 146.19 FSA cropland acres carrying an NCCPI rating of 82.5.
Tract 2: 153.31 surveyed acres with 146.19 FSA cropland acres carrying an NCCPI rating of 82.5.
The two tracts will be offered on a whole dollar basis via Sealed Bid Auction, with bids due on Wednesday, January 17th, 2024, at or before 3:00 PM. Bids must be submitted to Adam.Crist@PeoplesCompany.com.
Legal Description
Part of the NW1/4 SW1/4; N1/2 SE1/4; Part of the SW1/4 SE1/4; Part of the SE1/4 SE1/4 of Section 4, Township 1 North, 1. West, Grant County, Wisconsin
Directions
From Cuba City, WI: Travel west onto W Roosevelt St. Continue on County Road H for two and a half miles. Turn left onto Center Road. Continue for two miles. Turn right onto Kirkwood Road. Travel for half a mile. The property is on the right (north). Look for the Peoples Company sign.
- Sign On Property: Yes
- School District: Cuba City
- General Area: Southwest of Cuba City
- Gross Taxes: $877.00
- Zoning: Agricultural
Interactive Map
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Tracts
Description
Tract 1 consists of 20 surveyed acres with 20.55± FSA cropland acres carrying an NCCPI rating of 86.5. Primary soil types include Tama silt loam, Atterberry-Downs silt loams, and Dodgeville silt loam. 3.17 previously enrolled acres in CRP (Conservation Reserve Program) have been removed from the program and are eligible to be farmed for the 2024 cropping season. This tract is located on the north side of Kirkwood Road via a perpetual easement. This tract would be an excellent addition to a farm operation or a great candidate for an investor looking to diversify their portfolio.
This highly tillable farmland tract is located within Section 4 of Hazel Green Township, Grant County, Wisconsin.
Legal Description
Part of the NW1/4 SW1/4 of Section 4, Township 1 North, 1. West, Grant County, Wisconsin
Details
- Acres: 20.00 Acres M/L
- Parcel Number: 022-00101-0000
- Net Taxes: $128.00
- Productivity Index: 86.6
Directions
From Cuba City, WI: Travel west onto W Roosevelt St. Continue on County Road H for two and a half miles. Turn left onto Center Road. Continue for two miles. Turn right onto Kirkwood Road. Travel for half a mile. The property is on the right (north). Look for the Peoples Company sign.
Description
Tract 2 consists of 153.31 surveyed acres with 146.19± FSA cropland acres carrying an NCCPI rating of 82.5. Primary soil types include Tama silt loam, Fayette silt loam, and Dodgeville silt loam. 14.73 previously enrolled acres in CREP (Conservation Reserve Enhancement Program) have been removed from the program and are eligible to be farmed for the 2024 cropping season. This tract is located on the north side of Kirkwood Road. This tract would be an excellent addition to a farm operation or a great candidate for an investor looking to diversify their portfolio.
This highly tillable farmland tract is located within Section 4 of Hazel Green Township, Grant County, Wisconsin.
Legal Description
N1/2 SE1/4; Part of the SW1/4 SE1/4; Part of the SE1/4 SE1/4 of Section 4, Township 1 North, 1. West, Grant County, Wisconsin
Details
- Acres: 153.31 Acres M/L
- Parcel Number: 022-00108-0000, 022-00109-0000, part of 022-00110-0000, and part of 022-00111-0000
- Net Taxes: $749.00
- Productivity Index: 82.5
Directions
From Cuba City, WI: Travel west onto W Roosevelt St. Continue on County Road H for two and a half miles. Turn left onto Center Road. Continue for two miles. Turn right onto Kirkwood Road. Travel for half a mile. The property is on the right (north). Look for the Peoples Company sign.
Auction Details & Terms
One Chance Sealed-Bid Auction
Grant County, Wisconsin
173.31 Surveyed Acres
Offered in Two Tracts or Combination
Grant County, Wisconsin
173.31 Surveyed Acres
Offered in Two Tracts or Combination
Bid Deadline and Time: Wednesday, January 17, 2024, on or before 3:00 PM, CST.
BID SUBMITTAL PROCESS AND DEADLINE:
To request a sealed bid packet, please email Adam Crist at Adam.Crist@PeoplesCompany.com or contact him by phone at (608) 482.1229. Bids should be for the whole dollar amount per tract and combination offers will require purchase price allocations for each respective tract. Peoples Company will notify the successful high bidder on or before 12:00 pm CST on Thursday, January 18, 2024, of the Seller's acceptance of a bid. The seller reserves the right to accept or reject any bids at their sole discretion. Upon Seller's confirmation of an acceptable bid, the Bidder will execute a Real Estate Sale Contract that will be signed and accepted by Sellers.
Deliver, Mail, or Email Bids To:
Peoples Company
Attn: Adam Crist
207 High Street
Mineral Point, WI 53565
Adam.Crist@PeoplesCompany.com
Auctioneer & License Number: Jesse Meyer - No. 2652-52
Peoples Company
Attn: Adam Crist
207 High Street
Mineral Point, WI 53565
Adam.Crist@PeoplesCompany.com
Auctioneer & License Number: Jesse Meyer - No. 2652-52
Attorney: Dale J. Egan - Arametti, LLC
Agency: Peoples Company and their representative are Agents of the Seller.
Method of Sale: The property will be sold as two individual tracts through a One-Chance Sealed Bid Auction. The format encourages bidders to submit their highest and best offer in writing for Tracts 1, Tracts 2, or a combination of both tracts, as there will be no live bidding or additional rounds of bidding for the property. In the unlikely event there are two or more bids for the same amount, each party then would be asked if they wish to raise their bid until concluded.
Earnest Money Payment: An earnest money payment of 10% of the purchase price will be due upon acceptance and notification of a successful offer. The earnest money payment may be paid in the form of a check or wire transfer. All funds will be held at Tri-County Title Services, LLC.
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.
Closing: Closing will occur on or before Thursday, February 22, 2024. The balance of the purchase price will be payable at closing in the form of a wire transfer.
Possession: Possession of the land will be given at Closing.
Farm Lease: The farm is available for the 2024 cropping season.
Farm Program Information: Farm Program Information is provided by the 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 Grant County FSA and NRCS offices.
Contract & Title: The successful buyer will enter into a real estate sales contract and deposit the required earnest money payment with Tri-County Title Services, LLC. The Seller will provide a current title commitment at their expense. The sale is not contingent upon Buyer financing.
Survey: Survey work has been completed by Austin Surveying, LLC to establish acre amounts. It will be the responsibility of each buyer to pay for any fees to monument boundaries of purchased tracts if they choose to do so. The sellers will pay for no additional staking.
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.
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.
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 Peoples Company or Seller. 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.
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 investigation of the property before 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 the title commitment.
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 investigation of the property before 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 the title commitment.
Photos
Tract 1 Photos
Tract 2 Photos
