97.6 Acre Vacant Land Auction

Gavin Bros. Auctioneers LLC.

 

Date(s) 6/23/2024 - 7/17/2024

Wednesday, July 17 at 11:00 AM

Shipping Not Available
Bidding Notice:

Buyer must pay $20,000 down and sign a non-contingent offer to purchase within 24 hours of the close of the auction.

Auction Information
Name 97.6 Acre Vacant Land Auction
Auctioneer
Type Live Webcast Auction
Date(s) 6/23/2024 - 7/17/2024
Auction Date/Time Info
Wednesday, July 17 at 11:00 AM
Preview Date/Time Thursday, June 27 from 4:00 to 6:00 PM
Checkout Date/Time $20,000 down within 24 hours of auction closing. Balance due at closing on or before August 30.
Location
Buyer Premium No Buyer's Premium
Description
97.6 Acres of Vacant Land offered at online only auction. An amazing opportunity to buy a great parcel of hunting land in a highly sought after area on Luedtke Rd, just North of Reedsburg, WI. This area is well known for its high deer numbers and has been managed for 40 years. Property is not buildable, but you can put a camper on the property with county approval. A true outdoor enthusiast’s dream. Excellent deer, turkey and waterfowl hunting with approximately 6,400 ft. of Baraboo River frontage. The property also has 6 artesian wells, 3 wildlife scrape ponds, 4 sloughs managed for ducks and borders the 400-state bike trail. Between the tillable rent, CREP and CRP payments, property generates good annual income. If you have been searching for the perfect recreational property be sure to look at this one! TERMS: $20,000 down and sign an Offer to Purchase with no contingencies immediately following the auction. Property is being sold in its “AS IS” condition. Sold subject to approval of the Seller.
1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. The offer will be a cash offer with no contingencies of any kind. 2. Earnest money shall be $20,000 and will be collected within 24 hours of the close of the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer. 3. The offer is subject to approval of the owner, who will have until July 19, 2024, to accept, reject, or counter today's high bid. In the event of a counteroffer, today's high bidder will be given the first opportunity to accept any counteroffer. 4. This offer may not be rescinded prior to Midnight of July 19, 2024. 5. The buyer is purchasing the property in its "AS IS" condition with all its faults. No warranties are made as to any aspects or uses regarding the property. Buyers shall rely entirely on their own inspections of the property and the records. 6. A Real Estate Condition Report has been provided; however, the buyer is purchasing the property in its "AS IS" condition with all of its faults. 7. If the offer is accepted, closing will take place on or before August 30, 2024. 8. Real estate taxes will be prorated at the time of closing based on the 2023 taxes which were $1,144.17. 9. A preliminary title policy has been provided by Wisconsin River Title and has been available for review. The buyer accepts the title policy as it reads. 10. 5.93 acres are in the CRP program which expires on September 30, 2032, yearly payments are $983/year. 10.87 Aces are enrolled in the CREP program which expires September 30, 2026. CREP payments are $2,401/year. The buyer agrees to continue the programs and adhere to the terms of the contracts. 12. The property is accessed through a Joint Driveway Easement. A copy of the agreement has been made available prior to bidding. Buyer accepts the property with this access agreement. 11. Bidding is so much per acre. (bid price x 97.6)
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 50,000.00 50.00 USD
50,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
Buyer agrees to sign a non-contingent offer to purchase and pay $20,000 down as earnest money within 24 hours of the auction close. Balance is due at closing on or before August 30, 2024.
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