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REAL ESTATE AUCTION - 1,428+/- ACRES OFFERED IN 10 TRACTS IN PRICE CO., WI

Ogema, Wisconsin - Price County, Wisconsin

Owner: The Little Mondeaux Limousin Ranch Wed, Sep 20, 2017

SOLD FOR $1,096,950

• 1,428+/- Acres offered in 10 Tracts • Ranging in Size from 9+/- to 313+/- Acres • Secluded Lodge Style Country Home • Potential Building Sites • Pasture • Tillable Land • Grazing • Creek • Woodland • Wildlife Hunting & Recreation • Northeast of Eau Claire • Northwest of Wausau • Online Bidding Available • Note: Do not miss this great opportunity to buy any tract, combination of tracts or the entire property. Large contiguous properties are hard to find: cattlemen, home buyers, hunters and sportsmen, come and inspect the potential. • (Tract divisions have been updated since the brochure was printed. Please reference the new tract map.)


Auction Info Book


OPEN HOUSE/INSPECTION DATES

Saturday, Aug. 12 from 1-4pm
Sunday, Aug. 13 from 9am-12noon
Friday, Aug. 25 from 4-7pm
Saturday, Aug. 26 from 10am-1pm
Saturday, Sept. 9 from 1-4pm
Sunday, Sept. 10 from 9am-12noon
Tuesday, Sept. 19 from 4-6pm

Meet a Schrader Representative at the Home on Tract 5.
After hours & Inspection dates call Gary Bailey 800-659-9759


PROPERTY LOCATION

W 6861 County Road I, Ogema, WI 54459.
Directions:
From the intersection of Highways 13 & 86 at Ogema, travel 2.5 miles South to County Road I. Turn West on County Road I 4.5 miles to the property. Or 20 miles North of Medford on Highway 13.

AUCTION LOCATION

Simek Recreation Center, 1037 West Broadway Ave., Medford, WI.

TRACT DESCRIPTIONS

Tract 1: 160± ac Road frontage on CR I and Shauger Rd. potential building / campsites, woods, hunting, wildlife and recreation and potential pond site.

Tract 2: 160± ac On Shauger Rd. Woods, hunting and recreational land. Note: Combine Tract 1 and 2 for 320+/- contiguous acres of prime hunting and recreational land.

Tract 3: 206± ac approximately 105+/- acres of pasture or tillable land with the balance woods and recreational. Potential building site on Shauger Rd.

Tract 4: 313± ac 240 ft. x 60 ft. Heated shop and equipment / ATV storage, 7 overhead doors of various width and heights, blacktop entrance, off of CR I, shared with Tract 5. Excellent hay, pasture, tillable land, fencing and approximately 14+/- wooded acres.

Tract 5: 9± ac SECLUDED LODGE STYLE HOME ON 9+/- ACRES This beautiful 2-story country home is loaded with amenities! Custom Kitchen with appliances, built-in hutch and gun rack. Full service bar with walk-in cooler, large dinning room, sunken living room with fireplace, large mudroom at entry, dumbwaiter to all 3 levels, 3 full and 1 half baths. 4 large bedrooms with walk in closets. Small viewing balcony. Full finished basement with laundry, recreation area and dormitory style sleeping quarters. This home is one you have to see to appreciate. Hunting retreat, family or farm home. Shared blacktop drive with entry off CR I.

Tract 6: 67± ac Hunting, potential building site, and great hillside views of Little Mondeaux Creek. Frontage on CR I.

Tract 7: 70± ac Mix of pasture, tillable land, recreational land, and great potential building site, with Little Mondeaux Creek meandering across this tract. Road frontage on CR I.

Tract 8: 120± ac All wooded and recreational with road frontage on Hallberg Rd. Excellent hunting and potential building site.

Tract 9: 160± ac SWING TRACT, this tract is nearly all wooded, and can only be purchased in combination with any adjoining tract or by an adjoining landowner.

Tract 10: 160± ac This all wooded tract is private and secluded on Hallberg Rd. Great for hunting wildlife, camping or potential building site.

TRACT MAP(S)

AREA MAP(S)

PROCEDURE: The Tracts 1-10 will be offered in individual tracts, and in any combination of these tracts, or as a total unit. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. Property will be bid in the manner resulting in the highest total sale price.

DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

BUYERS PREMIUM: A three percent (3%) Buyers premium will be added to the final bid price and included in the total purchase price.

APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.

DEED: Sellers shall provide a Warranty deed to buyer(s) at closing.

EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place on approximately October 20, 2017.

POSSESSION: At closing.

REAL ESTATE TAXES: Real estate taxes will be pro-rated to the date of closing.

DITCH ASSESSMENTS: Buyer shall pay all ditch assessments due after closing.

ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.

SURVEY: AT THE SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in the auction. Any need for a new survey will be determined solely by the Seller, cost of the survey will be split 50/50 between Buyer and Seller. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres on tracts, there shall be no adjustment on parcels or combinations of parcels that include improvements, Tracts 4 and or 5. If a new survey is determined to be necessary by the Seller. Tracts bid in combinations shall receive a perimeter survey only.

EASEMENTS: The sale of the property is subject to any and all easements of record, including a potential joint driveway easement for Tracts 4 & 5.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final.

ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.