• Productive Tillable Farmland • Strong Past Yields • 2 Miles North of Stratford, WI
LAND AUCTION - 22.344+/- ACRES OFFERED IN 1 TRACT IN MARATHON COUNTY, WISCONSIN
119202 Rock Rd, Stratford, WI 54484 - Marathon County, WI
Owner: DuWayne Strehlow Thu, Oct 26, 2023 CENTRALAUCTION IS OVER
TOTAL SOLD: $120,000
| Tract(s): 1 | @ $120,000 | ($5,370/acre) |
OPEN HOUSE/INSPECTION DATES
Tuesday, October 3rd from 3:00 - 6:00pm
Saturday, October 7th from 10:00am - 12:00pm
Meet at: 119202 Rock Rd Stratford, WI 54484
PROPERTY LOCATION
Near 119202 Rock Rd, Stratford, WI 54484
From Stratford: Head north on Highway 97 for 2 miles. Turn right on Rock Rd. Entrance to the farm is 0.4 miles on the left.
AUCTION LOCATION
Cleveland Town Hall
214261 County Rd M, Stratford, WI 54484
From Stratford, head east on WI-153 E for 3.2 miles. Turn left onto County Hwy M. In 0.9 miles, Cleveland Town Hall will be on your left.
TRACT DESCRIPTIONS
Tract 1: 22.3± ac This tract consists of a 66ft wide easement leading back to a tillable field comprised of silt loam soil with the majority being Loyal Silt Loam. The farm has produced excellent yields in the past. With a natural crest topography, the farm has excellent surface drainage. A great farm to add onto an existing operation or to use recreationally!
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 1 individual tract, as a total 22.344+/- acre unit. There will be open bidding during the auction as determined by the Auctioneer. Bids may compete.
PURCHASE CONTRACT: Immediately after the close of bidding, any high bidder will sign a purchase contract in the form provided in the bidder packets. All information in this brochure and/or other marketing materials is subject to the terms and conditions of the purchase contract. Seller will not be bound by any statement, promise or inducement that is not contained or incorporated in the written purchase contract.
PAYMENT: 10% earnest money will be due on the day of auction, payable with a cashier's check or a personal or corporate check immediately negotiable. The balance of the purchase price will be due at closing. BIDS ARE NOT CONTINGENT ON FINANCING, so be sure you have arranged financing, if needed, are able to pay cash at closing.
DELIVERY OF TITLE: The property will be conveyed by Warranty Deed, subject to the Permitted Exceptions as defined in the purchase contract.
EVIDENCE OF TITLE: Seller will furnish Preliminary Title Evidence before the auction and a Final Title Commitment before closing. At closing, Seller will pay for the cost of issuing a standard coverage owner's title insurance policy to Buyer.
CLOSING: The targeted closing date will be approximately 30 days after the auction.
POSSESSION: Possession is subject to removal of the 2023 crop.
REAL ESTATE TAXES: 2023 taxes due and payable in 2024 will be paid by the seller. All taxes thereafter will be the responsibility of the Buyer.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder's safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.
ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been based on the current legal description and survey.
SURVEY: Any need for a new survey shall be determined solely by the Seller. The type of survey performed shall be at the Seller's option and sufficient for providing title insurance.
AGENCY: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.
CONDUCT OF AUCTION: The conduct of the auction; increments of bidding will be at the direction and discretion of the auctioneer. All decisions of the auctioneer at the auction are final. Seller and its agents reserve the right to preclude any person from bidding if there is any question as to the person's identity, credentials, fitness, etc.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, 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. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's 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.
