"No-Reserve" Crawford County, WI Land Auction - Rare opportunity to own productive and unique farmland located directly in the path of development in Prairie du Chien, Wisconsin! Peoples Company is honored to represent Beneker Farms, Inc. in the sale of 227.45 acres m/l to be sold in four individual tracts. The diverse tracts have something for everyone with a quarry, development sites, productive farmland, recreational land, and a beautiful farmstead. An in-person auction will take place at the Prairie du Chien Country Club on Friday, December 16, 2022 at 10:00 AM. The farms are situated in the town of Bridgeport and directly adjacent to the city of Prairie du Chien next to Crossing Rivers Health and major chain stores such as Walmart, Maurices, Dollar Tree, and Kwik Trip. These scenic properties are located less than two miles from the confluence of the Mississippi and Wisconsin Rivers. The community features multiple historic sites, retail stores, restaurants and is a tourist destination spot for thousands each summer with permanent and seasonal campsites found throughout the area.

Tract 1: 23.54 Acres m/l consisting of a large blufftop quarry and potential commercial lots located directly across from Walmart on Selch Road.

Tract 2: 62.50 Acres m/l consisting of 52.73 FSA tillable acres carrying an NCCPI of 66.8 and located across from Walmart along US Highway 18.

Tract 3: 101.00 Acres m/l consisting of a large acreage site, timberland, and 50.85 FSA tillable acres carrying an NCCPI of 75.5, located along US Highway 18.

Tract 4: 40.41 Acres m/l consisting of potential future development land, timberland, and 30.4 FSA tillable acres carrying an NCCPI of 83.1, located at the northern edge of Park View Estates.

The farm will be sold using "Buyers Choice" auction method on a price per acre basis and the high bidder can take, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. All tracts are being sold "absolute" with no reserve. In addition to in-person attendance, the auction can also be viewed through the Peoples Company mobile bidding app and online bidding will be available. Don't miss this unique opportunity to own some of the PDC area's most sought-after properties.

AUCTION DETAILS

Crawford County, WI Land Auction

227.45 Acres M/L

Offered in Four Tracts

Friday, December 16th, 2022

10:00 AM Central

Auction Location:

Prairie du Chien Country Club

38485 US Highway 18

Prairie du Chien, WI 53821

Open Houses:

Tuesday, November 29th, 4:00 - 6:00 PM

Sunday, December 12th, 12:00 - 2:00 PM

Auction Method: All four tracts will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, one, two, or all of the tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all four tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction. Bidders may elect to bid in-person or online.

Tract 1: 23.54 Acres M/L

Tract 2: 62.50 Acres M/L

Tract 3: 101.00 Acres M/L

Tract 4: 40.41 Acres M/L

Online Bidding: Register to bid on our website.

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. Online and phone bidders must register with the Auctioneer at least 24 hours prior to the start of the auction.

Farm Program Information: Farm Program Information is provided by the Crawford 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 Crawford County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in the Crawford County Title Services, Inc trust account.

Closing: Closing will occur on or before Thursday, January 31st, 2023. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer. If a Buyer wishes to close prior to year-end 2022, we will work diligently to ensure this happens.

Closing Attorney: Ben Wood of Wood Law Firm, LLC, Fennimore, WI.

Possession: Possession of the farm will be given at closing, subject to tenant's rights. Possession of the home and acreage site will be given on March 1, 2023.

Farm Lease: The farm is leased for the 2022 cropping season. The farm will be open for the 2023 growing season.

Quarry Lease: The quarry is not currently leased but has had a long time operator in place.

Survey Information: A portion of Tract 1 and all of Tracts 2 & 3 will be surveyed prior to the auction. The acreage amount may change slightly prior to the sale date and the new surveyed amount will be used on sale day. Tract 4 acreage amount has been taken from the Crawford County GIS site and will not be surveyed prior to the sale or Closing.

Contract & Title: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Crawford County Title Services, Inc. the required earnest money payment. The Seller will provide a current title commitment at their expense. Sale is not contingent upon Buyer financing.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Online and phone bidders must register with the Auctioneer at least 24 hours prior to the start of the auction.

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, 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. Winning bidder(s) acknowledge that they are representing themselves in completing the auction sales transaction. Any announcements made 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.

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. 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 Abstract.