2960 160th Street , Rock Rapids, IA 51246(Lyon County)

Auctioneers Note: We are honored to have been selected by the Jansma family to offer for sale this feedlot and ag land! As many of you know this feedlot has been a staple in Northwest Iowa for decades. As Norma Jansma the owner is retiring she has hired our company to sell her familys iconic feedlot operation! This truly represents an opportunity to expand or begin your current operation! This property has been in the family for many decades! Properties of this type and this nature when they have been in a family for many years rarely come for sale! Be sure to watch our videos online of the facilities and more information! You will not want to miss attending this historic auction! Make Plans today to view and purchase this property!! Call the auction company for your own personal tour or for a full auction brochure packet including maps, building sizes, aerial photos of properties and terms of the auction. Auction will be held live onsite at the feedlot facility.

Location: 2960 160th St., Rock Rapids, IA

Tract 1 Location: From Caseys in Rock Rapids, IA go 1 mile South on US HWY 75 to 160th St. then go 3/4 mile West on 160th St. to the properties. Tract 1 lies on the North and South Side of the road in 3 separate parcels (Signs will be posted).

Tract 2 Location: From Caseys in Rock Rapids, IA go 1 mile South on US HWY 75 to 160th St then go 3/4 mile West on 160th St. to Tract 2. Tract 2 is located on the South side of 160th St. (Signs will be posted.)

Tract 1: Feedlot Property Sold As A Unit Will Include 114.84 Acres & 4000 Head Feedlot Facilities Which Includes The North & South Feedlots, 70 x 200 Feed Mill/Commodity Shed With 200,000# Truck Scale With Offices & 30,000# Ground Scale, Loadouts, Shipping/Receiving Pens Attached To Main Office Headquarters, 50 x 200 Morton Machine, 40 x 90 Heated Machine Shed, 54 x 250 Concrete Bunker, 5,000ft of Fence Line Feedbunks, 6 Wells, 11.8 Million Gallon Lagoon & 16.1 Million Gallon Lagoon. Buyer Of The Feedlot Property Will Have The Option To Rent Adjoining 80 Acres Of Farmland. Buyer Of The Feedlot Property Will Also Have The Option To Purchase An Additional 56.33 Acres Of Farmland.

Contact Auction Company For Details.

Tract 2: Also Selling In Addition To The Feedlot Property Will Be An Additional 81.279 Acres Of Farmland Located South Of The South Facility! This Will be Sold At Auction Immediately Following The Feedlot Property!

Tract 1 Legal Descriptions & Brief General Description:

Tract 1 Location: 2960 160th St., Rock Rapids, IA 51246 or From Caseys in Rock Rapids, IA go 1 mile South on US HWY 75 to 160th St. then go 3/4 mile West on 160th St. to the properties. Tract 1 lies on the North and South Side of the road in 3 separate parcels

(Signs will be posted). Auction will be held at the site of the feedlot

Tract 1 Legal Description: Parcel D & F in the S1/2 of Section 6-99N-46W, Lyon County, IA AND Parcel A in the NE1/4 of Section 7-99N-45W, Lyon County, IA AND The North 1150ft of the East 1900ft of the NE1/4 EXCEPT Parcel A in Section 7-99N-45W, Lyon County, IA AND Lot 1 in Parcel E in the NE1/4 of Section 7-99N-45W, Lyon County, IA. Subject to all easements and public roadways of record.

Mill/Commodity Shed Property (North Side): The Mill/Commodity Shed property consists of 6.19 acres and includes a 70 x 200 Stran Steel building which features offices, loading bay and 70 x 125 indoor commodity bunker area and a Mohrlang MTR500 feed mixer. This property also has a 22 x 80 building with an unloading pit and 2 approx. 32,000bu. Grain bins. This property also has a 12 x 80 200,000# truck scale which was certified on 9-8-2020. This property has 1 well for water supply.

North Feedyard/Office/Shipping Receiving Site (North Side): This site consists of 58.44 Acres which includes the main office building which includes 3 offices, breakroom, bathroom and scale room, the main office building is also attached to a 100 x 135 shipping and receiving building which includes a 10 x 30 30,000# ground scale which was certified on 4-10-2020, separate sorting pens, a Lynn hyd chute and working tub, heated vet room and 3 cattle load out chutes. This property also has approx. 3,100+ ft of fence line feed bunk. This site has 12 large cattle yards and several sorting yards and sick pens. This property has 3 wells, which are all in working order, for water supply. This property has a 6.1+ million gallon lagoon for manure management. This property also has approx. 9 acres of tillable farmland which lies North of the site.

South Feedyards/Home/Machine Shed/Shop (South Side): This site consists of 50.21 Acres which includes a 1 1/2 story home, 50 x 200 Morton machine shed with cement floor, heated vet/office room and a 40 x 90 heated Stran Steel brand shop and a 54 x 250 concrete bunker with a 260 x 155 concrete loading areas. The home on this property consists of an approx. 936 square foot 1 1/2 story home with a double attached insulated garage built in approx. 1950. The main level of this home 1 bedroom, 1 bedroom/office, bathroom, living room, kitchen, dining room and laundry room. The upper level of this home consists of 2 bedrooms. The lower level of this home consists of a partial block basement which is unfinished. This home has a fuel oil furnace and central a/c. This home has cement board siding which was installed in approx. 2010 and an asphalt roof. This property also has approx. 1900+ ft of fence line bunk. This site has 7 large cattle yards and 5 smaller cattle yards. This property has 2 wells for water supply. This property also has one larger 1.8+ million gallon lagoon with a 1.1+ million gallon smaller secondary lagoon. This property also includes approx. 13 acres of tillable farmland located on the East side of the feedlot property.

Tract 1 General Description: This 114.84 Acre property is one of a kind! The buyer of this tract will have the option to purchase an additional 56.33 Acres of tillable farmland located adjacent to the North cattle feedlot and also rent an additional 80 Acres of tillable farmland for 2 years which is also located adjacent to the North cattle feedlot. This facility is very unique and is well known throughout the area! This property is separated into 3 separate sites which are located directly across the road from each other. It is not often that the opportunity to purchase a feedlot facility of this size is offered!! If you have been looking for a great opportunity to expand your operation or start in the cattle business then this is your opportunity!! You all know that a feedlot of this size with these facilities and infrastructure in place is something that is not easily found!! Plan to attend an open house today or call an agent to schedule your private tour today! A full informational brochure is available!! Buyer of Tract 1 the feedlot facility is responsible for implementing their own manure management plan.

Utilities: This property is on well water only and REC elec.

Tract 1 Taxes: Approx. $5,500.00 per year.

Tract 1 Closing Date: January 19, 2021

FOR A DETAILED BROCHURE ON THE OPTION TO PURCHASE AND RENT ADDITIONAL FARMLAND FOR TRACT 1 AND A COPY OF THE DNR PERMIT. PLEASE CONTACT THE AUCTION COMPANY AT 712-476-9443.

Tract 2 Legal Description & Brief General Description:

Tract 2 Legal Description (Tillable Farmland): Parcel C, D & The remainder of Parcel E all located in the NE1/4 of Section 7-99N-45W, Lyon County, IA.

Tract 2 General Description (Tillable Farmland): According to the survey, this property contains 81.279 gross acres. According to the survey and FSA this property contains approx. 78.20 tillable acres which includes a small grass waterway, with the remainder in road/ditch. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 156bu. on corn and a PLC yield of 47bu. on soybeans. FSA will do a reconstitution on base acres once the property is sold. The tillable acres on this farm are classified as NHEL. The predominant soil types include: 410B, B2-Moody, 92-Marcus, 733-Calco, 411B2-Egan, 910B-Trent. The average CSR1 is 65.7 and CSR2 is 73.8. This is an inside tract of farmland!! Buyer of this parcel will be required to install a field driveway for access at the buyers expense.

Tract 2 Taxes: Approx. $2,178.00 per year according to the Lyon County Treasurer

Auction Terms & Method:

Open House: November 21, 2020 from 10:00 A.M. to 12:00 P.M. (Noon) or by appointment by contacting Vande Vegte & Zomer Realty & Auction at 712-476-9443.

Method of Sale: Tract 1 will be sold in total dollars. Tract 2 will be sold with the final bid x gross surveyed acres. Auction will be held at the site of Tract 1.

Possession: Possession will be on closing day on Tract 1 and on March 1, 2021 on Tract 2. Early Possession of the cattle facilities (Tract 1) is available with the signing of an interim early occupancy agreement and acceptance of interim occupancy agreement terms. The Home will not be available until closing date.

Terms: Purchaser (s) will be required to pay a non-refundable 15% of the purchase price as earnest money deposit on each parcel sold, and also agree to enter into a purchase agreement immediately following the auction with the remaining balance due and payable on closing day on or before January 19, 2021 when the buyer shall receive a clear and merchantable title to the property. These properties are being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All building sizes, measurements, year built, bunk footages, yard sizes, etcetera are believed to be accurate however they are not guaranteed. Sellers do not warranty or guarantee that existing fences lie on the true boundary. Any announcements made day of the auction will supersede any advertisements. Aerial maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Mike Austin -attorney for sellers.