Large Contiguous JEFFERSON COUNTY, WI LAND AUCTION

Jefferson, Wisconsin

Land is located ½ mile east of Jefferson on Highway 18, then 3 miles north on County Highway Y.  Watch for auction signs.

Auction to be held at the Neighbor’s Grill Banquet Room, 216 Golf Drive, Jefferson, WI

WEDNESDAY, OCTOBER 31, 2018 AT 1 PM

385 Acres M/L (Subject to final survey) – SELLS IN 5 TRACTS

Selling Free and Clear for 2019!!

“Selling Choice with the Privilege”
Tracts #1, 2, 3, 4 & 5 will be sold price per surveyed acre and will be sold Choice with the Privilege, whereas the high bidder may take Tract #1, Tract #2, Tract #3, Tract #4, Tract #5 or any combination of tracts, times their high bid.  This will continue until all tracts are sold.  Tracts will not be recombined.

TRACT #1 – 65.4 Acres M/L – Subject to final survey
FSA info: 58.51 acres tillable
Majority soil types include: Milford, Sebewa & Kidder.
Located in Section 25 of Aztalan Township & Section 30 of Farmington Township, Jefferson County, WI.

Not Included: 2018 crops
Real Estate Taxes on Tract #1
Net                           $325.24

TRACT #2 – 51.06 Acres M/L – Subject to final survey
FSA info: 49.66 acres tillable
Majority soil types include: Milford, Kidder & Martinton.
Located in Section 25 of Aztalan Township & Section 30 of Farmington Township, Jefferson County, WI.
Not Included: 2018 crops

Real Estate Taxes on Tract #2
Net                           $197.68

TRACT #3 – 37.53 Acres M/L – Subject to final survey
FSA info: Approx. 36 acres tillable.  Tracts #3 & 4 have a combined 95.4 acres  tillable.
Majority soil types include: Kidder, Sebewa, Milford
Located in Section 30 of Farmington Township, Jefferson County, WI.
Not Included: 2018 crops

Real Estate Taxes on Tract #3
Net                           $120.11

TRACT #4 – 63.97 Acres M/L – Subject to final survey
FSA info: Approx. 59.4 acres tillable.  Tracts #3 & 4 have a combined 95.4 acres  tillable.
Majority soil types include: Milford, Kidder & Lamartine.
Located in Section 30 of Farmington Township, Jefferson County, WI.

Not Included: 2018 crops

Real Estate Taxes on Tract #4
Net                           $330.68

TRACT #5 – 167.58 Acres M/L – Subject to final survey
FSA info: 143.71 acres tillable.
Majority soil types include: Milford, Palms & Hebron
Located in Sections 29 & 30 of Farmington Township, Jefferson County, WI.

Not Included: 2018 crops

Real Estate Taxes on Tract #5

Net                           $491.57

Method: A survey will be completed prior to the auction.  Tracts #1, 2, 3, 4 & 5 will be sold price per surveyed acre and will be sold Choice with the Privilege, whereas the high bidder may take Tract #1, Tract #2, Tract #3, Tract #4, Tract #5 or any combination of tracts, times their high bid.  This will continue until all tracts are sold.  Tracts will not be recombined.

Terms: Following the auction, the buyer(s) will be required to sign a real estate sales contract and pay twenty percent (20%) of the total purchase price as a non-refundable down payment, payable to Fidelity Land Title, Ltd., which shall hold the money in escrow until closing.  The balance of the total purchase price will be due at closing, which will take place at Fidelity Land Title, Ltd., with a projected date of December 14, 2018.  Full possession will be given at the time of closing, subject only to the tenant completing the harvest of the 2018 crop.  The farm is selling free and clear for the 2019 farming season.  Title Insurance in the full amount of the purchase price will be provided by the seller. The 2018 real estate taxes will be prorated to date of closing.

Special Provisions:

• This is a 5% buyer’s premium auction.  This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer(s) and added to the bid amount to arrive at the total contract purchase price.

• It shall be the obligation of the buyer(s) to report to the Jefferson County FSA office and show filed deed(s) in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs.   C. Final tillable acres will be determined by the Jefferson County FSA office.

• All Tracts will be surveyed by a registered land surveyor and surveyed acres will be the multiplier for said tracts.

• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.

• Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.

• The buyer(s) shall be responsible for any fencing in accordance with Wisconsin state law.

• If one buyer purchases more than one tract, the seller shall only be obligated to furnish one abstract and deed. (husband & wife constitute one buyer).

• The buyer(s) shall be responsible for installing his/her own entrances if needed or desired.

• If in the future a site clean-up is required it shall be at the expense of the buyer.

• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.

• The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.

• Steffes Group, Inc. is representing the Seller.

• Any announcements made the day of sale take precedence over advertising.

Owner: Hickory Hill Farms, Inc.

For information contact auction manager Nate Larson of Steffes Group, 319.385.2000 or 319.931.3944(cell)

Closing Title Agent: Fidelity Land Title, Ltd., 309 S. Main Street, Jefferson, WI 53549 - 920.674.3913

Registered Wisconsin Auctioneer  |  Steffes Group, Inc., 2000 Main Ave E, West Fargo, ND 58078, 457-53  |  Ashley Huhn WI-2788-52, RE-WI-85831, Integrity Realty 54085