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157 acres Pasture, Tillable Farmland Auction

Decatur County, Iowa

09-26-2018 2:00 PM

Petty Custom Cattle Feeding Auction

Listing No.: DDL-25076

Date: 09-26-2018
Time: 2:00 PM

Buyer's Premium: 1%

25146 Nature Road
Leon, IA 50144
Bidding Online Only, Acreage

Bid Online

Directions to Farm

The farm is located south of Leon Iowa east of Interstate 35

Auction Details

CATTLE FEEDLOT DreamDirt is proud to have the opportunity to present this fully-furnished, permitted profitable and completely turnkey cattle production facility in southern Iowa just 4 miles from Interstate 35 and surrounded by busy cattle markets.  This property includes every bit of infrastructure needed to finish beef cattle and has operated successfully for many years.  The feedlots are broken into 2 separate parts but are located at the same location.  The facilities include

Agent Comments

This incredible property is offered for online auction and you are invited to come to view the property.  If you are contemplating growing your operation southern Iowas lower land prices offer cattle producers an exceptional value to grow your operation and increase profits and with farmhand facilities onsite this real estate is something that will help you grow.  As you know this is not the kind of property that comes on the market often and if you went to look for one they are tightly held.  Rebuilding the same capability and capacity would cost you millions more today than you can purchase this property for and still produce the same output in both cattle and income.

Buyer will be buying the property populated with cattle and start collecting revenue after closing. Current owners will work with new buyers though this tranaction. All DNR requirements are in complince DNR #27-56-8-99 ID#56899. As condition of bidding you agree to complete all contracts currently in place to finish cattle in lots. There will be the option to purchase machinery at listed costs. 

The buyer will have the option to purchase all feed on hand at the time of closing. An inventory will be completed by the buyer and seller the day of closing and the buyer has the option to buy the at the sellers cost. Buying the feed on hand is option for the buyer.

Inventory

Buyer has the option of buy these individual or all pieces of equipment at costs listed.  

OPTIONAL EQUIPMENT;

2013 Cat 924H endloader $85,000

2014 Cat 924K endloader $90,000

2012 Kenworth feed truck $55,000

2009 Peterbuilt feed truck $50,000

2005 JD 7320  W/loader $36,000

2012 JD 7630 W/loader $85,000

2017 Cat 259D skidsteer W/tracks $43,000

2009 Irrigation pump w/reel, 2-600' 6'' hoses, and traveling gun $48,000

2010 JD 7830 W/loader and duals $75,000

1979 IH feedtruck roto-mix box $20,000

14' pull-type blade $3500

3-1000 gal fuel tanks $2500

Buffalo roller mill $26,000

Service trailer welder, gen, torch $1500

2007 Chevy 3/4 ton truck $7500

1990 Dodge 3/4 ton truck $1000

Knight vertical spreader $32,000

24' Trailman stock trailer $3000

2008 Dodge 3/4 ton 64,000 miles diesel $20,000

Building Description

Home Area

60X80 heated shop, nice ranch style Manager or owners home with 3 bedrooms, office facility with cattle working capabilities inside under a roof along with full loadout and scale facilities.  

Cattle Holding Main Feed Lot

3 bay concrete bunk pit, large machine shed full feed mill with mixing capabilities, 210'X 120' building with 8 pens that include 2 65 head pens, 2 60 head pens, 2 30 head pens and 2 25 head pens with concrete bunks.  A 210' X 120" building with 8 pens that includes 2 60 head pens and 6 40 head pens with concrete bunks.   1408'X44' building with 12 pens including 6 100 head pens, 4 50 head pens and 2 30 head pens with concrete bunks.  A 300' x 45' building with 4 pens including 3 50 head pens and 1 30 head pen with concrete bunks.  The facility holds another 100 head in an outside lot with concrete bunks, 150 head with shade and concrete bunks, open dirt lot with 150 head, concrete bunks and shade, 150 head on a 30' apron and concrete bunks.  A metal building with cement includes 2 pens of 50 head and 40 head.  Metal building with cement and 1 pen of 50 head with concrete bunks, 2 lots that hold 50 each with cement, shade and concrete bunks and a 128'X32" building that holds 70 head with concrete bunks.

Northern Feedlot

Includes farmhand house with 3 bedrooms and detached garage, building with 3 pens that hold 20 head, 10 head, 10 head with concrete bunks.  Indoor working facilities building that includes scale and loadout.  6 dirt lots with shade that hold 100 head each with concrete bunks.  152' x 32' building all in 1 pen 100 head with concrete bunks, 192' X 32" building with 7 pens including 2 pens of 75 head and concrete bunks.  660' X 32' building with 7 pens including 3 65 head pens, 2 50 head pens and 2 35 head pens with concrete bunks.  144' x 46' building with 1 pen of 100 head.  228' X 50' building with 2 pens of 100 head with concrete bunks.  240'x56' building with 2 pens of 110 head and 60 head with concrete bunks. 144'X48' building with 1 pen that holds 80 head.   Open pasture lot with 50 head capacity with concrete bunks.  Open dirt lot with 50 head capacity with concrete bunks.  

Earnest Money

5% the day of the auction, with balance at closing

Terms and Conditions

Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non-refundable earnest deposit. The Seller(s) will provide a current abstract or other title conveyance instrument at their own expense unless otherwise noted. The sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases, and restrictions of record. Buyers must do their due diligence prior to bidding. 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 unless specifically stated. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requires of any government programs or conservation programs on the farm or pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. The successful bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made on auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve until the reserve is achieved. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask you to leave if your behavior is not in the best interest of the seller.

Contract

 

Contact


Tom Bradley, Land Broker l Auctioneer

Work: (855) 376-3478

Cell: (515) 202-7687

Email: Tom@DreamDirt.com


Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (515) 537-6633

Email: Jason@DreamDirt.com

©2018 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warrant or guarantee any information. It is possible that information has been omitted or reported to us in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.


Tract 1

157 Acres
Sold For

2000000

Tract Detail

Tract 1 is the entire property with the cattle feedlot and 157 acres along with homes and other improvements.