Brown County was unsuccessful in its attempt to buy a 157-acre parcel of land northeast of the Brown County Fairgrounds at an auction Friday afternoon.
The winning bid by a private buyer was $8,300 per acre, which comes out to about $1.3 million.
Brown County commissioners expressed interest in the land and authorized Commissioner Mike Wiese to bid.
He did not place any bids because the price quickly exceeded the limit that the county had authorized him to bid, he said. Wiese said he didn't want to disclose county's limit so the county would not be at a disadvantage in future auctions.
"It's a confidential number," he said. "We disclosed the county had an interest in it, the limit was exceeded, and that was that."
If the county would've been the high bidder, the funds would've come from reserves.
The opening bid started at $4,000 per acre and was quickly bid up to $6,000 per acre.
About 30 people attended the auction.
The winning bidder declined comment; the real estate agent who closed deal also declined to release his name.
Mary Worlie, Brown County assessor, said the final closing will happen in about a month.
The land is less than a mile northeast of the Brown County Fairgrounds, has no easements on it and is good agricultural land that had been used for farming, said Jim Thorpe, auctioneer. However, he said, crops have not been grown on it for several years.