PEOPLES COMPANY ONLINE AUCTION
Peoples Company Online Auction
Bidding is LIVE until Tuesday, May 6th @ 6:00 PM
Peoples Company is pleased to be offering 11 tracts of land to be sold through their online auction service. The properties consist of tillable farmland, recreational property, future development ground, and building sites and are located in Webster, Wapello, Bremer, and Polk counties. Properties are LIVE for bidding now and will be until the auction closes on Tuesday, May 6th at 6:00 PM. For more information on the properties and bidding process, visit the auction website at
http://www.PeoplesCompany.com/OnlineAuctions.php or www.PeoplesCompany.com and look up land listing #’s 11731 through 11737 and 11739 through 11742.
Seller: Iowa Department of Transportation
Tract 1
Tract 2
#11731 12.65 Acres, Wapello County Timbered recreational property located just east of Ottumwa and nestled between the BNSF railroad and US Hwy 34.
#11734 47.24 Acres, Webster County High quality Webster county farmland located just west of Fort Dodge at the Webster/Calhoun county line and in Section 7 of Fulton township.
Tract 7
3.61 Acres, Webster County
#11735 28.74 Acres, Webster County High quality Webster county farmland located just west of Fort Dodge in Section 10 of Fulton township.
Tract 10
# 11739
5.91 Acres, Polk County
4.51 Acres, Webster County
High quality Webster county farmland located just west of Fort Dodge and in Section 9 of Fulton township.
# 11742
0.46 Acres, Bremer County
Single family residential lot within the city limits of Waverly. The lot is construction ready and has access to Garden Avenue/30th Street SE.
# 11736 19.85 Acres, Webster County High quality Webster county farmland located just west of Fort Dodge in Section 11 of Fulton township.
Tract 9
Tract 11
Lot backs up to timber to the south and has great hill top views. Possibility of prime building site pending access from adjoining landowners.
#11733
Tract 6
Tract 8
High quality Webster county farmland located just west of Fort Dodge and in Section 8 of Fulton township.
# 11741
3.71 Acres, Wapello County
Lot located straight north of Agency on paved road. Property is currently zoned Ag but is located in a C-2 Commercial area.
Tract 5
Tract 4
# 11737
#11732
Tract 3
# 11740
5.94 Acres, Webster County
High quality Webster county farmland located just west of Fort Dodge and in Sections 9 & 10 of Fulton township.
Title will be granted when the State of Iowa issues a Land Patent Deed approximately 90 days after the auction. Buyer will not receive an Abstract of Title. Should a Buyer want an Abstract of Title and / or Title Search completed, it shall be at their sole discretion, responsibility, and expense. Once all monies are received, Buyer should allow for up to 90 days for issuance of State Land Patent.
25.60 Acres, Polk County
Single family development ground located in Pleasant Hill and adjoining current single family project Gladbury Park.
Internet Terms: *All bids are total price and NOT per acre. Winning bidder will enter into an Offer to Buy immediately upon being declared the Successful Bidder. Upon the close of the auction the winning bidder will be forwarded via email or other preferred method an Offer to Buy. A signed copy of the Offer to Buy must be received by Peoples Company (hand delivered, faxed, emailed, or mailed within 24 hours upon close of auction). A 10% earnest money payment is required upon acceptance of the Offer to Buy by certified check or wire transfer. The balance of the purchase price will be due on or before Thursday, June 5th, 2014. Bidding ends at 6:00 PM Central Time on Tuesday, May 6th, 2014. A bid placed within 5 minutes of the scheduled close of the auction will extend bidding by 5 minutes until all bidding is completed. If you plan to bid, please register 24 hours prior to close of auction. The auction and bidding is currently open and will remain open until Thursday, May 6th, 2014 at 6:00 PM Central Time. Under no circumstances shall Bidder have any kind of claim against Peoples Company or its affiliates if the Internet service fails to work correctly before or during the auction. Closing & Possession: Balance of purchase price due on or before Thursday, June 5th, 2014. If the balance due is not paid prior to that date, the 10% earnest money will be forfeited by Buyer.
Matt Adams: (515) 423-9235 [email protected] 12119 Stratford Drive, Suite B . Clive, Iowa 50325 (515) 222-1347 . www.PeoplesCompany.com
Possession will be granted when 100% of the purchase price is received on or before the closing date of Thursday, June 5th, 2014. Should the Winning Bidder desire to farm or occupy the property prior to the completion and delivery of the State Land Patent, a short term mutual benefit lease will be required. A template of the lease can be obtained by contacting Peoples Company agent Matt Adams. This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller. Seller reserves the right to accept or reject any and all bids. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Access to these properties is NOT guaranteed. Tracts 1,4, 5, 6, 7, 8, 9, and 10 have no known access. Tracts 3 and 11 have access. Tract 2 has possible access but not guaranteed. Winning Bidder will be responsible for gaining access at their sole expense.
Bidding is LIVE until Tuesday, May 6th @ 6:00 PM
Peoples Company is pleased to be offering 11 tracts of land to be sold through their online auction service. The properties consist of tillable farmland, recreational property, future development ground, and building sites and are located in Webster, Wapello, Bremer, and Polk counties. Properties are LIVE for bidding now and will be until the auction closes on Tuesday, May 6th at 6:00 PM. For more information on the properties and bidding process, visit the auction website at
http://www.PeoplesCompany.com/OnlineAuctions.php or www.PeoplesCompany.com and look up land listing #’s 11731 through 11737 and 11739 through 11742.
Seller: Iowa Department of Transportation
Tract 1
Tract 2
#11731 12.65 Acres, Wapello County Timbered recreational property located just east of Ottumwa and nestled between the BNSF railroad and US Hwy 34.
#11734 47.24 Acres, Webster County High quality Webster county farmland located just west of Fort Dodge at the Webster/Calhoun county line and in Section 7 of Fulton township.
Tract 7
3.61 Acres, Webster County
#11735 28.74 Acres, Webster County High quality Webster county farmland located just west of Fort Dodge in Section 10 of Fulton township.
Tract 10
# 11739
5.91 Acres, Polk County
4.51 Acres, Webster County
High quality Webster county farmland located just west of Fort Dodge and in Section 9 of Fulton township.
# 11742
0.46 Acres, Bremer County
Single family residential lot within the city limits of Waverly. The lot is construction ready and has access to Garden Avenue/30th Street SE.
# 11736 19.85 Acres, Webster County High quality Webster county farmland located just west of Fort Dodge in Section 11 of Fulton township.
Tract 9
Tract 11
Lot backs up to timber to the south and has great hill top views. Possibility of prime building site pending access from adjoining landowners.
#11733
Tract 6
Tract 8
High quality Webster county farmland located just west of Fort Dodge and in Section 8 of Fulton township.
# 11741
3.71 Acres, Wapello County
Lot located straight north of Agency on paved road. Property is currently zoned Ag but is located in a C-2 Commercial area.
Tract 5
Tract 4
# 11737
#11732
Tract 3
# 11740
5.94 Acres, Webster County
High quality Webster county farmland located just west of Fort Dodge and in Sections 9 & 10 of Fulton township.
Title will be granted when the State of Iowa issues a Land Patent Deed approximately 90 days after the auction. Buyer will not receive an Abstract of Title. Should a Buyer want an Abstract of Title and / or Title Search completed, it shall be at their sole discretion, responsibility, and expense. Once all monies are received, Buyer should allow for up to 90 days for issuance of State Land Patent.
25.60 Acres, Polk County
Single family development ground located in Pleasant Hill and adjoining current single family project Gladbury Park.
Internet Terms: *All bids are total price and NOT per acre. Winning bidder will enter into an Offer to Buy immediately upon being declared the Successful Bidder. Upon the close of the auction the winning bidder will be forwarded via email or other preferred method an Offer to Buy. A signed copy of the Offer to Buy must be received by Peoples Company (hand delivered, faxed, emailed, or mailed within 24 hours upon close of auction). A 10% earnest money payment is required upon acceptance of the Offer to Buy by certified check or wire transfer. The balance of the purchase price will be due on or before Thursday, June 5th, 2014. Bidding ends at 6:00 PM Central Time on Tuesday, May 6th, 2014. A bid placed within 5 minutes of the scheduled close of the auction will extend bidding by 5 minutes until all bidding is completed. If you plan to bid, please register 24 hours prior to close of auction. The auction and bidding is currently open and will remain open until Thursday, May 6th, 2014 at 6:00 PM Central Time. Under no circumstances shall Bidder have any kind of claim against Peoples Company or its affiliates if the Internet service fails to work correctly before or during the auction. Closing & Possession: Balance of purchase price due on or before Thursday, June 5th, 2014. If the balance due is not paid prior to that date, the 10% earnest money will be forfeited by Buyer.
Matt Adams: (515) 423-9235 [email protected] 12119 Stratford Drive, Suite B . Clive, Iowa 50325 (515) 222-1347 . www.PeoplesCompany.com
Possession will be granted when 100% of the purchase price is received on or before the closing date of Thursday, June 5th, 2014. Should the Winning Bidder desire to farm or occupy the property prior to the completion and delivery of the State Land Patent, a short term mutual benefit lease will be required. A template of the lease can be obtained by contacting Peoples Company agent Matt Adams. This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller. Seller reserves the right to accept or reject any and all bids. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Access to these properties is NOT guaranteed. Tracts 1,4, 5, 6, 7, 8, 9, and 10 have no known access. Tracts 3 and 11 have access. Tract 2 has possible access but not guaranteed. Winning Bidder will be responsible for gaining access at their sole expense.
