Description

WINNEBAGO COUNTY ONLINE ONLY AUCTION

Wednesday, September 10, 2025
ONLINE ONLY

To be sold as three individual tracts.
Tract 1 - Farmland Auction - closing at 3:00 PM
Tract 2 - Commercial Auction - closing at 5:00 PM
Tract 3 - Commercial Auction - closing at 7:00 PM

To register and bid online (please use a Chrome browser, NOT Internet Explorer):  BID ONLINE 

TRACT 1 INFORMATION: Farmland Auction 
78.5 Acres M/L

Legal Description:
The Southeast Quarter (SE ¼) of the Southwest Quarter (SW ¼) of Section Thirty (30) Township Ninety-eight (98), Range Twenty-four (24) West of the Fifth  P.M. The Northeast Quarter (NE ¼) of the Southwest Quarter (SW ¼), except the North one acre thereof, of Section Thirty (30) Township Ninety-eight (98), Range Twenty-four (24) West of the Fifth  P.M.

Acres:
78.50 Gross Acres M/L
51.52 FSA Tillable Acres M/L
26.98 Non-Tillable Acres M/L
East pond: 4 Acres M/L
West pond: 0.5 Acres M/L

CSR2: 
43.1 Average CSR2 on Tillable Acres

Taxes: 
Real estate taxes will be prorated to closing.

Available to farm 2026 crop year.

Sale Method - Tract 1: 
The real estate will be offered in one tract. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. All decisions of the Auctioneer are final.

Online Only Auction:
The auction will be held online only. There will be no in-person bidding. The auction will utilize a "soft close". If a bid is placed within the last 3 minutes, bidding will be extended by 3 additional minutes.

Online Bidding Procedure:
The online bidding begins on Wednesday, September 3, 2025, at 10:00 AM. Bidding will be online only with bidding concluding for Tract 1 with a soft closing on Wednesday, September 10, 2025, at 3:00 PM.

Approval of Bids:
Final sale is subject to the Seller's approval or rejection. Winnebago County will hold a public hearing within 30 days of sale to consider approval of the highest bidder.

Conditions:
This sale is subject to all easements, covenants, restrictions of record, and leases. Each bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an "AS IS-WHERE IS" basis with no warranties or guarantees, either expressed or implied, by the Seller or Central States Agency, LLC.

Possession:
Possession will be given at closing subject to the 2025 farm lease.
Possession is also subject to Buyer entering agreement with Winnebago County allowing the county to county to continue to store the current above ground gravel pile(s) and allow Winnebago County access to remove the gravel. The gravel piles will remain the property of Winnebago County. The gravel will be completely removed by September 1, 2026.

Earnest Payment:
A 10% earnest money payment is required at the conclusion of the auction or the next day. The payment may be in the form of cashier's check, personal check, company check, or wired funds. All funds will be deposited and held by Central States Agency, LLC.

Contract and Title:
Immediately upon conclusion of the bidding, the high bidder(s) will enter into a real estate contract and deposit with Central States Agency, LLC the required earnest payment. Sale is not contingent upon Buyer(s) financing.

Closing:
The sale closing will be on October 31, 2025, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at hte discretion of Central States Agency, LLC. 

Survey:
A new survey is not being completed. 

To register and bid online (please use a Chrome browser, NOT Internet Explorer):  BID ONLINE 

TRACT 2 INFORMATION: Commercial Property Auction 
Shop Buildings and Detached 4-Stall Garage

Property Location:  Parcel 1136292001 The South Half (S ½) of Block Five (5) Rebecca A. Clark’s Addition to Forest City, Iowa, Subject to easements of record. And A part of vacated West Street lying adjacent to vacated “I” Street and adjacent to a part of Block Five (5) of Rebecca A. Clark’s Addition to the City of Forest City, Winnebago
County, Iowa, described as follows:  Beginning at the intersection of the southerly right of way line of “I” Street and the westerly right of way line of West Street (also known as the northeast corner of Lot One (1), Block Six (6) of Rebecca A. Clark’s Addition); thence N10°03’40”E along the westerly right of way line of West Street, 215.07 feet; thence S86°04’00”E, 66.38 feet to the easterly right of way line of West Street; thence S10°03’40”W along said easterly right of way line, 214.99 feet; thence N86°08’00”W, 66.38 feet to the Point of Beginning containing 14,191.06 Sq. Ft. AND Commencing at the intersection of the easterly right of way line of Central Street and the southerly right of way line of “I” Street; thence S86°08’00”E along the southerly right of way line of “I” Street, 90.00 feet to the Point of Beginning; thence N4°03’20”E 66.00 feet to the northerly right of way line of “I” Street; thence S86°08’00’E along the northerly right of way line of “I” Street, 105.97 feet to the westerly right of way line of West Street; thence S10°03’40”W along said westerly right of way line of West Street, 66.38 feet to the Southerly right of way line of “I”Street; thence N86°08’00”W along the southerly right of way line of “I” Street, 99.02 feet to the point of beginning containing 6764.26 sq. ft.

Details: 
Shop Building East 1/2
  - 4,000 square feet
  - Dimensions: 80' x 50'
  - Year Built: 1999
  - Overhead door height: 12 feet
Shop Building West 1/2
  - 4,920 square feet
  - Dimensions: 60' x 82'
  - Year Built: 1945
  - Overhead door height: 12 feet
  - Overhead door width: 14 feet
Detached 4-Stall Garage
  - 1,500 square feet
  - Dimensions: 30' x 50'
  - Year Built: 2002

Sale Method - Tract 2: 
The real estate (East shop building, West shop building, Detached 4-Stall garage) will be offered in one tract. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. All decisions of the Auctioneer are final.

Online Only Auction:
The auction will be held online only. There will be no in-person bidding. The auction will utilize a "soft close". If a bid is placed within the last 3 minutes, bidding will be extended by 3 additional minutes.

Online Bidding Procedure:
The online bidding begins on Wednesday, September 3, 2025, at 10:00 AM. Bidding will be online only with bidding concluding for Tract 2 with a soft closing on Wednesday, September 10, 2025, at 5:00 PM.

Approval of Bids:
Final sale is subject to the Seller's approval or rejection. Winnebago County will hold a public hearing within 30 days of sale to consider approval of the highest bidder.

Conditions:
This sale is subject to all easements, covenants, restrictions of record, and leases. Each bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an "AS IS-WHERE IS" basis with no warranties or guarantees, either expressed or implied, by the Seller or Central States Agency, LLC.

Possession:
Possession will be given at closing.

Additional Comments:
Winnebago County intends to file an easement on the north side of the North shop buildings, prior to the closing of this sale, in favor of the City of Forest City for utility access.

Earnest Payment:
A 10% earnest money payment is required at the conclusion of the auction or the next day. The payment may be in the form of cashier's check, personal check, company check, or wired funds. All funds will be deposited and held by Central States Agency, LLC.

Contract and Title:
Immediately upon conclusion of the bidding, the high bidder(s) will enter into a real estate contract and deposit with Central States Agency, LLC the required earnest payment. Sale is not contingent upon Buyer(s) financing.

Closing:
The sale closing will be on October 31, 2025, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at the discretion of Central States Agency, LLC. 

Survey:
A new survey is not being completed. 

To register and bid online (please use a Chrome browser, NOT Internet Explorer):  BID ONLINE 

TRACT 3 INFORMATION: Commercial Property Auction 
Storage Shed and Salt Shed

Property Location: Parcels 1136302001 and 1136302002 Lots One (1) and Four (4) in Block Seven (7) in Rebecca A. Clark’s Addition to Forest City, Iowa Lots One (1) and Four (4) in Block Seven (7) in Rebecca A. Clark’s Addition to Forest City, Iowa, except that part of Lot One (1) described as commencing at the Northwest corner of Lot 1, Block 7, in Rebecca A. Clark’s Addition to Forest City, Iowa, thence South on  the West line of said Lot 1, 50 feet, thence East parallel to North line of said Lot 1, 50 feet, thence north parallel to West line of said Lot 1, 50 feet, to the North line of said Lot 1, thence West on North line of said Lot 1, 50 feet to place of beginning. And That part of Lot One (1) described as commencing at the Northwest corner of Lot 1, Block 7, in Rebecca A. Clark’s Addition to Forest City, Iowa, thence South on  the West line of said Lot 1, 50 feet, thence East parallel to North line of said Lot 1, 50 feet, thence north parallel to West line of said Lot 1, 50 feet, to the North line of said Lot 1, thence West on North line of said Lot 1, 50 feet to place of beginning.

Details: 
North Storage Shed
  - 2,400 square feet
  - Dimensions: 50' x 48'
  - Year Built: 1997
  - Interior features bunker framed in for bulk material storage
Salt Shed/Storage Dome
  - Approximately 2,592 square feet
  - Year Built: 1999
  - Concrete interior stub wall for bulk material storage

Sale Method - Tract 3: 
The real estate (North storage shed and Salt Shed) will be offered in one tract. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. All decisions of the Auctioneer are final.

Online Only Auction:
The auction will be held online only. There will be no in-person bidding. The auction will utilize a "soft close". If a bid is placed within the last 3 minutes, bidding will be extended by 3 additional minutes.

Online Bidding Procedure:
The online bidding begins on Wednesday, September 3, 2025, at 10:00 AM. Bidding will be online only with bidding concluding for Tract 3 with a soft closing on Wednesday, September 10, 2025, at 7:00 PM.

Approval of Bids:
Final sale is subject to the Seller's approval or rejection. Winnebago County will hold a public hearing within 30 days of sale to consider approval of the highest bidder.

Conditions:
This sale is subject to all easements, covenants, restrictions of record, and leases. Each bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an "AS IS-WHERE IS" basis with no warranties or guarantees, either expressed or implied, by the Seller or Central States Agency, LLC.

Possession:
Possession will be given at closing.

Earnest Payment:
A 10% earnest money payment is required at the conclusion of the auction or the next day. The payment may be in the form of cashier's check, personal check, company check, or wired funds. All funds will be deposited and held by Central States Agency, LLC.

Contract and Title:
Immediately upon conclusion of the bidding, the high bidder(s) will enter into a real estate contract and deposit with Central States Agency, LLC the required earnest payment. Sale is not contingent upon Buyer(s) financing.

Closing:
The sale closing will be on October 31, 2025, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at hte discretion of Central States Agency, LLC. 

Survey:
A new survey is not being completed. 

To register and bid online (please use a Chrome browser, NOT Internet Explorer):  BID ONLINE 

METHOD OF SALE:

• Parcels will be offered as three individual tracts of land.
• The auction will be held online only. There will be no in-person bidding.
• Auction will utlize a "soft close". If a bid is placed within the last 3 minutes, bidding will be extended by 3 additional minutes.

Seller: Winnebago County, Iowa

Agency: Central States Agency, LLC and its represenitives are acting as Agents of the Seller.

_{Announcements: Information provided herein was obtained from sources deemed reliable, but neither Central States Agency, LLC nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less.” Any announcements made auction day by Central States Agency, LLC will take precedence over any previous printed materials or oral statements. Central States Agency, LLC and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.} 

_{Server and Software Technical Issues: In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, Central States Agency, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Central States Agency, LLC shall be held responsible for a missed bid or the failure of the software to function properly for any reason. E-mail notification will be sent to registered bidders with updated information as deemed necessary by Central States Agency, LLC.}

To view, register and/or bid online (please use a Chrome browser, NOT Internet Explorer):  BID ONLINE 

For more information, contact Steve Hassebroek or our real estate team today!
Buffalo Center Office: 641-562-2353
Bancroft Office: 515-885-2649  
Toll Free: 888-740-4255