Pending

Grant County, WI
188.32 Acres M/L

Prairie Road
Platteville, WI 53818

Price Click to Bid Online
Listing #17747

LAND AGENT

Adam Crist

Office: 608.482.1229
Mobile: 608.482.1229
Adam.Crist@PeoplesCompany.com

Property Info

Description

Grant County, Wisconsin Land Auction – Mark your calendar for Wednesday, September 18th, 2024! Peoples Company is pleased to present the sale of 188.32 acres m/l of prime Grant County, Wisconsin Farmland. Located just northwest of Cuba City, this highly tillable farm includes 185.66 FSA cropland acres m/l with a Productivity Index (PI) of 84.9. The land boasts long, straight rows, rich soils, and excellent access from Prairie Road. This property is an ideal addition to any farming operation, featuring nearly 100% Tama Silt Loam soil, known for its high productivity.

Farmland in southwest Wisconsin is rarely available, often passing down through generations, making this auction a rare chance to own high-quality farmland in a strong farming community. Whether you want to expand your farming operations or diversify your investment portfolio, this tract offers exceptional potential. Additionally, its proximity to multiple local grain elevators, the Mississippi River market, and local ethanol plants enhances grain marketing opportunities. Don’t miss out on this rare chance to invest in top-tier farmland. 

The single tract will be offered on a price-per-acre basis via Public Auction and will take place on September 18th, 2024, at 10:00 AM CST in Cole Acres Golf & Grill in Cuba City, Wisconsin. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available. 

Legal Description

Part of the NE1/4 SE1/4; SE1/4 SE1/4 of Section 10, Township 2 North, 1. West, Grant County, Wisconsin and part of the NW1/4 SW1/4; E1/2 SW1/4; SW1/4 SW1/4 of Section 11, Township 2 North, 1. West, Grant County, Wisconsin. Exact legal to be taken from Title Commitment. 

Directions

From Cuba City, Wisconsin: Travel north on N Main Street (Highway 80) for three and a half miles. Turn left onto Prairie Rd. Travel just over a mile. The property will be on the left (south) side of the road. Look for the Peoples Company sign. 

  • Sign On Property: Yes
  • Parcel Number: 054-00288-0000, 054-00296-0000, 054-00306-0000, 054-00307-0000, 054-00308-0000, 054-00309-0000
  • School District: Platteville School District
  • General Area: Northwest of Cuba City, Wisconsin
  • Net Taxes: $731.00
  • Productivity Index: 84.9


Interactive Map

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Video

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Auction Details & Terms

Grant County, Wisconsin Land Auction
188.32± Acres
Wednesday, September 18th, 2024 
 
Auction Location: 
Cole Acres Golf & Grill 
7617 County Road J 
Cuba City, WI 53807 
 
Title Company: 
Tri-County Title Services LLC 
15 W Main Street 
Platteville, WI 53818 
 
Online Bidding:  Register to bid at http://peoplescompany.bidwrangler.com/. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.  
 
Auctioneer & License Number: Jesse Meyer - No. 2652-52
 
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. 
 
Auction Method: The tract will be offered via Public Auction on September 18th, 2024, and will take place at 10:00 a.m. at Cole Acres Golf & Grill, 7617 County Road J Cuba City, WI 53807. The farmland tract will be sold on a per-acre basis through a traditional auction method. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available.
 
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. 
 
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 Tri-County Title Services, LLC trust account. 
 
Closing: Closing will occur on or before Thursday, October 31, 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, Subject to Tenant's Rights. 
 
Farm Lease: The farm is leased for the 2024 cropping season. The farm will be available for the 2025 growing season.
 
Farm Program Information: Farm Program Information is provided by the Grant 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 Grant County FSA and NRCS offices. 
 
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 Tri-County Title Services, 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. 


Photos

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