340 Acres in Lamoni, IA - $1,200,000
Excellent opportunity to purchase a turnkey cattle operation located in SW Decatur Co. in Fayette Township, Sections 19 & 20. Included in this 340-acre farm is a very nice ranch style home with outbuildings, 1000-head cattle feedlot, and approx. 320 acres of tillable and pasture land. Original home was built in 1982 and has 2,145 SF of main level living area and a finished basement. The home is in very good condition with recent updates. Large family room addition in 2002 with many other updates at that time. There are 3 bedrooms, 2 baths, a very large living room, spacious kitchen with an island, outside entry room, and lots of closet space throughout. This home would not disappoint any homemaker, with quality flooring throughout and oak kitchen cabinets. The basement has 2 bedrooms, a large family room, and a large bathroom. New siding and roof in 2002.
Feedlot has 999 head capacity ...
Feedlot has 999 head capacity with 9 large pens and 5 smaller pens/holding areas. All pens have fenceline bunks and pipe fencing. There is an inside working area with modern working area and squeeze chute. There is also a scale that is negotiable, but is not part of the listing price. The working area is inside the 57’ x 90’ pole building. The other outbuildings include a 10’ x 12’ storage shed, 40’ x 60’ heated shop with office, and an 18’ x 45’ cattle shed.
* Net Taxable Acres - 330 m/l
* Tillable Acres - 210 m/l
* CSR: 42.7 per Surety® Mapping
* Real Estate Taxes = $4,482/year m/l
* Lamoni School District
Directions
From Lamoni leave town going west on J55 to R14. Go south on R14 for 2.5 miles. Turn right on J67 (west), and the farm will be on both the north and south sides of the road for the next 3/4 mile.
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