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County schedules online auction for tax delinquent properties

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By Ted Pennekamp

 

Crawford County Treasurer Deanne Lutz said the county will be selling property via an online auction starting on Nov. 15 and ending Dec. 9 at 5 p.m. All properties will be sold on the internet through the Kramer Auction Service website at KramerSales.com.

Lutz said this is the first time the county has held an online auction for its tax delinquent properties. Other such auctions in previous years have been conducted live inside the Kramer Auction Service building, located at 203 E. Blackhawk Ave., Prairie du Chien

“It is the first time we have done this and the main reason is because we only have three properties this time,” said Lutz.

Terms of sale

The successful high bidder on the real estate will be required to sign a Wisconsin Real Estate Offer to Purchase within 48 hours of conclusion of the online real estate bidding sale and tender the required earnest money deposit of a 10 percent down payment of the sale price.

A 10 percent buyer’s fee will be added to the accepted final bid price to represent the final, total, selling price.

Each property will sell “absolute” (without reserve) if the property brings more than its current appraised value.  Otherwise, the final bid must be reviewed and approved by the Crawford County Delinquent Property Tax Committee before the sale can take place.

Each property is selling in its “as is” condition at online public auction without any representations or warranties as to the structural or mechanical defects. The 2019 tax year tax bills are also the buyer’s responsibility.

The properties

Property 1 is .474 acres more or less on 11840 3rd Street, Soldiers Grove. The appraised value is $10,000.

Property 3 is 1.850 acres more or less on 47941 State Highway 171, Gays Mills. The appraised value is $2,500.

Properties 6, 7 ,8, 9, 10 are .690 acres more or less, 105 Spring Street, De Soto. All properties are located in Cheney’s Addition. The appraised value is $500.

Interested persons can contact Kramer Auction Service 326-8108 for any additional information.

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