#2 • Tract 2 - 300.66 Acres M/L

Part of Waupaca County, WI Land Auction - 1120.44 Acres M/L (#18764) (live auction by Peoples Company)

Location: Iola, WI

High bid $8,650.00

Status: Sold

Tract Two consists of 300.66 acres m/l located along Highway 161, Rosholt Road, and Bestul Road with 271.01 FSA tillable acres carrying a Productivity Index of 46.6. This tract is irrigated by three Reinke pivots, a seven-tower and two six-tower units, with water provided by three separate wells. There is a water line extending from the south well to a neighboring property. There is no water line agreement in place with this neighbor. It will be the Buyer's choice to determine if they would like to enter into an agreement or discontinue access. In addition to the cropland and building site, there are 22.81 acres m/l of thick timberland on this tract, creating prime recreational opportunities. The main soil types on this tract are Kennan and Rosholt loams. This tract includes a beautiful building site with a 1,300 square foot ranch home built in the 1980s, a machine shed, a large, older barn, a freestall barn, and a concrete cattle lot. The home is being leased through May 31, 2026, and the Buyer will assume the lease. Possession will be given to the Buyer on June 1, 2026, if the lease is not extended.   The entirety of Tract Two, with the exception of the acreage site, is included in the PACE (Purchase of Agriculture Easement) Program. This easement runs in perpetuity and protects agricultural legacy by restricting development. This tract may not be built on or developed, or split into additional parcels; however, splitting the acreage site off may be possible in the future. Contact Listing Agent(s) for more details. This tract is located between Iola and Scandinavia in Sections 4 & 5 of the Town of Scandinavia with road frontage along Highway 161, Rosholt Road, and Bestul Road. Legal Description 300.66 Acres M/L located in Sections Four (4) and Five (5), Township Twenty-three (23) North, Range Eleven (11) East of the 5th PM, Waupaca County, Wisconsin. Exact legal description to be taken from Title Commitment. Details Acres: 300.66 Acres M/L Parcel Number: 17-04-22-1; 17-04-21; 17-05-13; 17-05-14; 17-04-23; 17-04-24; 17-05-41-4; 17-04-32-1; 17-04-31-1 Gross Taxes: $4,466.00 NCCPI: 46.4   Directions From Iola, Wisconsin (From State Highway 49 & 161 Intersection): Travel west on State Highway 161 for 2.25 miles, and the property is located on the south side of State Highway 161. Look for the Peoples Company sign.