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Agents: Matt Adams 515.423.9235 | Travis Smock 319.361.8089

ONLINE PROPERTY AUCTIONONLINE PROPERTY AUCTION

PEOPLESCOMPANY.COMOM

15 TRACTS8 COUNTIESLIVE BIDDING ENDSTHURSDAY, JUNE 2ND

SELLER:

Farm Land, Building Sites, Recreational Ground, Future Development Land, Commercial Buildings and Lots12119 STRATFORD DR, STE B | CLIVE, IA 50325

Live Online Bidding Ends Thursday, June 2nd

JUNE 2016SunMonTueWedThuFriSat

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Note: The online auction bidding website operates best with Google Chrome Browser, Firefox Browser, or newer versions of Internet Explorer.

Peoples Company is off ering 15 tracts through their Online Auction Service. Properties are

located in Appanoose County (Centerville), Cerro Gordo County (Mason City), Jasper County,

Mills County, Montgomery County, Plymouth County, Polk County and Wapello County.

Tracts include tillable farmland, future development land, recreational properties, offi ce and

storage buildings.

All bidding concludes on Thursday, June 2nd, 2016 at 2:00 PM Central Time Zone (CST) for

Tracts 1-8 and at 4:00 PM Central Time Zone (CST) for Tracts 9-15.

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. Under no circumstances shall Bidder have any kind of claim against Peoples

Company or its affi liates if the Internet service fails to work correctly before or during the

auction.

ALL BIDS ARE TOTAL PRICE AND NOT PER ACRE.

Purchase Agreement and Earnest Money: The Winning Bidder will receive an “Off er to

Buy” document from the Iowa DOT shortly after the conclusion of the auction and will serve

as the purchase agreement for the tract being purchased. A 10% earnest money payment is

required upon conclusion of the auction and must be received by Peoples Company within

two (2) business days from the day of the auction. Earnest money will need to be received

prior to Seller receiving possession of the property (Possession given by signing the Mutual

Benefi t Lease). The balance of the purchase price will be due on or before the closing date of

Friday, July 15th, 2016.

Closing and Possession: Possession will be granted through a “Mutual Benefi t Lease” to

be signed upon conclusion of the auction by the Winning Bidder for each tract and the Seller.

Once the Mutual Benefi t Lease is signed and earnest money is deposited, possession of the

property will be granted to the winning bidder. This lease will terminate once the State

Land Patent is received by the Winning Bidder. Balance of purchase price due and payable

on or before the closing date of Friday, July 15th, 2016. If the balance is not paid on or before

closing, the Buyer risks forfeiting the 10% earnest money and cancellation of the Mutual

Benefi t Lease.

Building/Farm Leases: All leases have been terminated on these properties and possession

will be given once the Mutual Benefi t Lease has been signed by the Seller and Winning Bidder.

Surveys: All properties have been surveyed except for Tracts 1 and 2 (Listing #13579 and

#13578 - Mason City Properties). Surveys will be recorded with the county Recorder’s offi ce

for which that property is located. This will be recorded along with the State Land Patent.

Title Information: Title will be granted when the State of Iowa issues a State Land Patent

approximately 60-90 days after the conclusion of the auction. Buyer will not receive an

abstract of title. Should a Buyer want an abstract of title and/or a title search completed, it

shall be at their sole discretion, responsibility, and expense. Once all monies are received,

Buyer should allow for 60-90 days for issuance of the State Land Patent.

Access to the Property: Some properties have approved access and others do not. Neither

the Seller nor Peoples Company guarantee access to the properties unless otherwise stated

in the individual property listing. For tracts without stated access, Winning Bidder will be

responsible for acquiring access to the properties at their sole expense. Call Agent for details

with access questions. Please do not assume access to the property.

AUCTION TERMS AND CONDITIONSPlease read “Auction Terms and Conditions” thoroughly. Terms and Conditions must be accepted by bidder prior to being able to bid on property.

Travis [email protected]

Matt [email protected]

AGENTS

855.800.LANDPEOPLESCOMPANY.COM

Other Auction TermsThis 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.

We obtained the marketing information from sources we believe to be reliable. However, we make no

guarantee, warranty or representation about it. We include projections, opinions, assumptions or estimates

for example only and they may not represent current or future performance of the property. You and your

tax and legal advisors should conduct your own investigation of the property and transaction.

LIVE ONLINE BIDDING AT PEOPLESCOMPANY.COM

ALL BIDDING CONCLUDES ON THURSDAY, JUNE 2ND

TRACTS 1 - 8 END AT 2:00 PM


Use our new mobile bidding app powered by BidWrangler! You can access the app online, but it works even better when you download it to your smartphone.

TRACT 1Cerro Gordo County, 1.23 Acres M/L

1420 4th St SE, Mason City, IA 50401Listing #13579: Offi ce building and 1.23 acres m/l of Z2 zoned land located in Mason City,

Iowa. Great opportunity for offi ce building, investment, or redevelopment. Building was built

in 1955 and is a one story, 5,336 sq. ft. brick construction building with a partial basement

below. Building features include 12 individual offi ces, a conference room, a receptionist area

and a men’s and women’s restroom. Building and land currently zoned Z2 Sub-Urban District.

Contact agent or Mason City Planning and Zoning department for questions regarding current

zoning and permitted uses. Utilities are available to the site with natural gas and electric

through Alliant Energy and sewer and water through the Mason City. Property is located on

the southeast side of Mason City near the High School, John Adams Middle School, Jeff erson

Middle School and has access from 3rd St SE and 4th St SE. Per 2013 traffi c counts, there are

10,600 cars by this property on 4th St SE daily.

Buildings may be inspected during open houses on:• Thursday, May 12th from 1:00 to 3:00 PM• Sunday, May 22nd from 1:00 to 3:00 PM

Directions: From I-35 exit 194: Head east on 265th St/4th St SW for 9 miles. Property will be

on the north side of 4th St SE. Look for sign.

Bidding for Tract 1 ends at 2:00 PM Central Time on Thursday, June 2nd, 2016.

TRACT 2Cerro Gordo County, 5.16 Acres M/L

680 6th St SE, Mason City, IA 50401

Listing #13578: 5.16 acres m/l of commercial land and buildings in Mason City, Iowa.

Land is currently zoned Z4 Multi-Use. Property includes a total of 13 buildings consisting of

shop/garage, storage, lab and offi ce space. All utilities are located at the site. Per 2013 traffi c

counts, there are 10,600 cars by this property daily. Main buildings include an 8,636 sq. ft.

offi ce building and lab built in 1962 with an addition added in 1979, a 7,386 sq. ft. shop built

in 1929 with an addition added in 1956, a newer 60 ft. by 40 ft. heated shop, and multiple

other garages and storage buildings. Contact agent for Building and Site Information sheet for

individual building information.

Buildings may be inspected during open houses on:• Thursday, May 12th from 1:00 to 3:00 PM• Sunday, May 22nd from 1:00 to 3:00 PM

Directions: From I-35 exit 194: Head east on 265th St/4th St SW for 8.6 miles past property

to S Virginia Ave. Drive south on S Virginia Ave one block to 6th St SE. Head west on 6th St SE

for 0.1 mile across train tracks and property will be on the north side of the road. Look for sign.


TRACT 3Plymouth County, 5.64 Acres M/L

IA Hwy 60 and Mallard Ave, Le Mars, IA 51031

Listing #13577: 5.64 surveyed acres of Plymouth County land. Currently seeded to grass

with potential for approximately 3.69 acres of tillable farmland a CSR of 69.9 (CSR2 of 89.3).

High quality soil types include loam soils of Galva and Radford Silty Clay Loam. Property is

located just northeast of Le Mars, Iowa along IA Hwy 60 and in Section 27 of Elgin Township.

There is no farm lease in place for the 2016 farm year.

Access: This property does have access off of IA Hwy 60 through a joint entrance located at

the median.

Directions: From Le Mars, Iowa: Travel north out of town on US Hwy 75 Business/5th Ave

NW for 1.5 miles until IA Hwy 60. Take exit onto IA Hwy N and travel 2.5 miles. Property is

located on the southeast side of the road. Look for sign.


TRACT 4Jasper County, 24.04 Acres M/L

US Hwy 65 and N 75th Ave W, Mingo, IA 50168

Listing #13576: 24.04 surveyed acres of Jasper County farmland located northwest of

Mingo, Iowa along US Hwy 65/IA Hwy 330. Tract has potential for over 18 acres tillable

farmland with a CSR of 72.9 (CSR2 of 82.2). High quality soil types include Clarion and Colo

Clay Loams. There is no farm lease in place for the 2016 farm year and would be available to

the winning bidder. Potential for building site with great views and utilities located at the

road. Rural water available through Central Iowa Rural Water with a 3 in. line on the north

side of N. 75th Ave W. The farm is located in Section 31 of Clear Creek Township.

Access: There is current access off of N 75th Ave W via farm entrance but access from US

Hwy 65/IA Hwy 330 will not be available.

Directions: From Mingo, Iowa: West out of town on Fair Ave. Turn right onto W 128th St N,

which becomes N. 63rd Ave W. Continue west on N 63rd Ave W, turn right onto W 140th St

N at the T-intersection. Travel ½ mile, then turn left onto US Hwy 65. The property is located

south of N 75th Ave W and west of US Hwy 65. Look for sign.


TRACT 3TRACT 3

TRACT 5Polk County, 41.52 Acres M/L

S 42nd St and SW 64th Ave, West Des Moines, IA 50265

Listing #13575: 41.52 surveyed acres of transitional development ground with easy access

to both I-35 (just west of property) and IA Hwy 5 (just south of property). 2012 traffi c counts

for I-35 are 45,000 VPD and 26,300 VPD for IA Hwy 5. Future land use map for City of WDM

shows this property as Business Park (BP). Contact agent for permitted uses and Business Park

defi nition. Sewer is not currently to the property but there are proposed extensions for the

area. Contact agent for current and future sewer extension maps. Other utilities include three

phase electric through MidAmerican located along the property. Natural gas is not currently

extended to the property. There are approximately 24.41 acres m/l of tillable farmland and

a CSR of 92.1 (CSR2 of 96.1) with high quality soil types including loam soils of Wiota, Terril,

Lawson, and Turlin. There is no farm lease in place for the 2016 farm year and would be

available to the winning bidder. Also, located in Section 32 of Bloomfi eld Township.

Access: This property does have access via fi eld entrance off of S 42nd Ave, but will not have

access off of IA Hwy 5.

Directions: From intersection of I-35 and IA Hwy 5: Travel east on IA Hwy 5 for ½ mile

and take exit 102 towards SE 35th St. Turn left on SE 35th St and travel for ½ mile until T

intersection. Turn left on SW 64th Ave/SE Army Post Rd for ½ mile. Property is located on the

southwest corner of SW 64th Ave and S 42nd St. Look for sign.


TRACT 6Mills County, 7.58 Acres M/L

US Hwy 34 and 190th St, Pacifi c Junction, IA 51561

Listing #13574: 7.58 surveyed acres of commercial development ground located just

west of I-29 and frontage along newly constructed US Hwy 34. Property is included in the

Commercial Overlay District for the I-29/Hwy 34 Corridor Master Plan with the future land

use showing Offi ce/Business zoning. For further information, contact Peoples Company agent

or Mills County Building and Zoning Department. Per the Corridor Master Plan, the following

utilities are available to the site or proposed to be extended to the area to accommodate

development: water and sewer through Glenwood Municipal Utilities, natural gas by Black

Hills Energy, electricity by MidAmerican Energy, and communications through Western Iowa

Networks or Spiral Communications. *Bidder should perform their own due diligence with these

utilities to confi rm location and availability. Easy access to I-29 with 2012 daily traffi c counts

of 21,800 VPD. There would be potential to farm the entire 7.58 acres m/l with tillable acres

carrying a CSR of 71.6 (CSR2 of 88.1). There is no farm lease in place for the 2016 farm year and

would be available to the winning bidder.

Access: This property does have potential access off of 190th St. Access from US Hwy 34 will

not be available.

Directions: From Glenwood, Iowa: Enter US Hwy 34/US 275 from S Locust St (south side of

Glenwood) and travel northwest/west for 4 ½ miles. Cross over I-29 and look for fi rst left turn

which is 190th St. Property has frontage on US Hwy 34 and 190th St. Look for sign.


TRACT 5TRACT 5


US Hwy 34 and 190th St, Pacifi c Junction, IA 51561

Listing #13573: 9.05 surveyed acres of commercial development ground in Mills County

and located just west of I-29 with frontage along newly constructed US Hwy 34. Property

is included in the Commercial Overlay District for the I-29/Hwy 34 Corridor Master Plan

with the future land use showing Offi ce/Business zoning. For further information, contact

Peoples Company agent or Mills County Building and Zoning Department. Per the Corridor

Master Plan, the following utilities are available to the site or proposed to be extended to

the area to accommodate development: water and sewer through Glenwood Municipal

Utilities (extensions run through property), natural gas by Black Hills Energy, electricity

by MidAmerican Energy, and communications through Western Iowa Networks or Spiral

Communications. *Note: There is a 3 in. sewer line and 12 in. water main located on the west

side of the previous right of way for 190th St. Prior to property being transferred to Winning

Bidder, a utility easement will be recorded with Mills County Recorder and become public

record. Contact agent for more details. *Bidder should perform their own due diligence with

these utilities to confi rm location and availability. Easy access to I-29 with 2012 daily traffi c

counts of 21,800 VPD. There would be potential to farm approximately 8.57 acres m/l with

tillable acres carrying a CSR of 75.3 (CSR2 of 87.4). There is no farm lease in place for the 2016

farm year and would be available to the winning bidder.

Access: This property does have access off of 190th St. Access from US Hwy 34 will not be

available.

Directions: From Glenwood, Iowa: Enter US Hwy 34/US 275 from S. Locust St (south side of

Glenwood) and travel northwest/west for 4 ½ miles. Cross over I-29 and look for fi rst left turn

which is 190th St. Property has frontage on US Hwy 34 and 190th St. Look for sign.


US Hwy 34, Pacifi c Junction, IA 51561

Listing #13573: 27.03 surveyed acres of Mills County recreational ground and large pond

with over 8 acres of surface water great for fi shing or small boating. Balance of property

is currently seeded to grass with potential to farm approximately 10 acres of over 80 CSR

ground. There is no farm lease in place for the 2016 farm year and would be available to the

winning bidder. Property located just east of I-29 with frontage along US Hwy 34. Property

is included in the Commercial Overlay District for the I-29/Hwy 34 Corridor Master Plan with

the future land use showing Conservation. For further information regarding permitted uses,

contact Peoples Company agent or Mills County Building and Zoning Department.

Access: Property does not have direct access to US Hwy 34. Access to this property available

from Ingrahm Ave.

Directions: From Glenwood, Iowa: Enter US Hwy 34/US 275 from S Locust St (south side of

Glenwood) and travel northwest/west for 2 ½ miles. Look for 195th St and turn left. Take an

immediate right turn onto Ingrahm Ave. Property is located at the end of Ingrahm Ave. Look

for sign.



TRACT 9Montgomery County, 0.40 Acres M/L

US Hwy 71 and W High St, Villisca, IA 50864

Listing #13571: 0.4 surveyed acre lot located on the northwest corner of Villisca, Iowa and at

the intersection of US Hwy 71 and W High St. Surrounding properties include United Farmers

Mercantile Cooperative to the east and Casey’s General Store to the southeast. Great frontage

along US Hwy 71 with 2,650 VPD per 2012 traffi c counts. Some utilities extended to the site

with others nearby and potentially available to site. *Buyer should perform their own due

diligence for utilities by contacting utility companies directly. Contact agent for more details.

Access: Access from US Hwy 71 will not be available.

Directions: From downtown Villisca, Iowa: Travel west on E 3rd St (becomes W 3rd St) for

½ mile until S U Ave. Turn right and drive ½ mile until W High St. Property is located on the

northwest corner of the intersection of U Ave and W High St. Look for sign.


TRACT 10WApello County, 36.04 Acres M/L

11122 Bladensburg Rd, Ottumwa, IA 52501

Listing #13570: 36.04 surveyed acres consisting of mature timber with balance of property

in open grass areas and just under a half-acre pond. This would be a great tract for recreation

or potential building site with rural water and electric available at the street and close to the

amenities in Ottumwa. Rural water available through Wapello Rural Water but interested

parties should contact utility for capacity. Property located northeast of Ottumwa on paved

Bladensburg Rd and just outside the city limits.

Access: Access from US Hwy 63 will not be available.

Directions: From the intersection of US Hwy 34 and US Hwy 63: Travel north on US Hwy 63

for ½ mile until Exit 35 towards Pennsylvania Ave. Turn left on Pennsylvania Ave/100th St for

¼ mile and then turn right on Bladensburg Rd for 1 mile. Property is located on south side of

road immediately after overpass. Look for sign.


TRACT 10TRACT 10

TRACT 11Wapello County, 1.80 Acres M/L

100th St, Ottumwa, IA 52501

Listing #13569: 1.80 surveyed acre lot located just outside of the Ottumwa, Iowa city limits.

Future land use map of Ottumwa shows this tract as Commercial but current uses in this

area are residential. Interested parties should contact the Wapello County, Iowa Planning and

Zoning for questions about permitted uses and zoning. Contact agent for future land use map.

Businesses in the area include the Ottumwa Hospital, Mississippi Valley Regional Blood Center,

Eastview Animal Hospital, and Vista Woods Care Center. Traffi c counts as of 2014 confi rm

2,780 VPD on 100th St.

Access: This property DOES NOT have legal access from US Hwy 63 ramp or 100th St. Access

to this property will need to be gained at the sole expense and responsibility of winning bidder.

Directions: From downtown Ottumwa, Iowa: Travel northeast on N Jeff erson St for 1 mile.

Turn right on Pennsylvania Ave for 1 mile and continue on 100th St. Property is located on

south side of road just before US Hwy 63. Look for sign.



US Hwy 34 and US Hwy 63, Ottumwa, IA 52501

Listing #13568: 3.03 surveyed acre lot located just outside of the Ottumwa, Iowa city limits.

Future land use map of Ottumwa shows this tract as Mixed Use Commercial. Interested parties

should contact the Wapello County, Iowa Planning and Zoning for questions about permitted

uses and zoning. Traffi c counts on US Hwy 63/US Hwy 34 as of 2014 confi rm over 10,000 VPD.

Access: Access from both US Hwy 34 and US Hwy 63 will not be available. Winning bidder

will need to gain access to the property at their sole expense and discretion.

Directions: From downtown Ottumwa, Iowa: Travel southeast on E Main St for 1 mile and

continue onto Roemer Ave. Turn left on US Hwy 34 E/US 63 N for ¾ mile. Take exit ramp onto

US Hwy 34 E and property will be on the right hand side of the road on the ramp. Look for sign.



US Hwy 63, Ottumwa, IA 52501

Listing #13567: 12.96 surveyed acres of farmland located north of Ottumwa, Iowa. Tract

is nearly 100% tillable with a CSR of 82.1 (CSR2 of 84.4). High quality soil types include

Mahaska, Nira, and Ladoga-Hedrick loam soils. There is no farm lease in place for the 2016


Access: Access from US Hwy 63 will not be available and winning bidder will need to gain

access to the property at their sole expense and discretion.

Directions: From downtown Ottumwa, Iowa: Travel north on US Hwy 63 Business/N

Wapello St for 5 miles or until US Hwy 63 Bypass. Turn right to merge on to US Hwy 63 and

travel for 1 ½ miles. Property is located on the right side of the road. Look for sign.



US Hwy 63, Ottumwa, IA 52501

Listing #13566: 14.64 surveyed acres of farmland located north of Ottumwa, Iowa. Tract

has potential for over 11 acres tillable with a CSR of 55.8 (CSR2 of 66.5). High quality soil types

include Ladoga-Hedrick and Colo-Ely loam soils. There is no farm lease in place for the 2016


Access: Access from US Hwy 63 will not be available and winning bidder will need to gain

access to the property at their sole expense and discretion.

Directions: From downtown Ottumwa, Iowa: Travel north on US Hwy 63 Business/N

Wapello St for 5 miles or until US Hwy 63 Bypass. Turn right to merge on to US Hwy 63 and

travel for 1 ½ miles. Property is located on the right side of the road. Look for sign.


TRACT 14TRACT 14

Travis [email protected]

Matt [email protected]

AGENTS

855.800.LANDPEOPLESCOMPANY.COM

LIVE ONLINE BIDDING AT PEOPLESCOMPANY.COM

ALL BIDDING CONCLUDES ON THURSDAY, JUNE 2ND



Use our new mobile bidding app powered by BidWrangler! You can access the app online, but it works even better when you download it to your smartphone.

TRACT 15Appanoose County, 0.11 Acres M/L

100 Block N 18th St, Centerville, IA 52544

Listing #13565: 0.11 acre m/l commercial lot with 1,193 sq. ft. Commercial Building in

Centerville, Iowa. Building located at prime intersection of N 18th St and E Maple St. Traffi c

counts for 2014 show 9,900 VPD on N 18th St and 3,960 VPD on E Maple St. Building was built

in 1953 and has two bay areas with balance in offi ce or storage space. This would be a great

opportunity for investment, site redevelopment, or an end user. Building and site currently

zoned C-1 Commercial. Contact Peoples Company agent or Centerville Planning and Zoning

department for questions regarding current zoning and permitted uses. Utilities are available

to the site with natural gas and electric through Alliant Energy and water/sewer through City

of Centerville municipalities. Interested parties should contact utility companies directly for

questions regarding capacity and availability.

Building may be inspected during open house on:• Sunday, May 15th from 1:00 to 3:00 PM

Directions: From Centerville, Iowa Courthouse: South on N Main St one block until E Maple

St. Turn east on E Maple St for ¼ mile until N 18th St. Turn left on N 18th St and immediately

right into the property. Look for sign.


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