2040 360th Street , Hawarden, IA 51023(Sioux County)

Sale Date: June 25, 2021 10:30 A.M.

Location: 2040 360th St., Hawarden, IA

Auctioneers Note: We are honored to represent Darin & Krista in offering this first class facility for sale! This facility features over 210,000 square feet of outdoor concrete, 2 heated shops, several cold storage buildings, commodity sheds, predominately concrete cattle yards and this is just the beginning!! Make plans today to purchase this meticulously maintained first class property!!

Legal Description: Parcels A, C & E located in the SW1/4 of Section 15, TWP 96N, Range 47W, Sioux County, IA EXCEPTING Parcels F, D, G & B located therein. Subject to all public roads and easements of record.

General Description: This 23.815 Acre property is one of a kind!! This property is very meticulously maintained and has so much to offer it is nearly impossible to describe properly! This property features a 1 1/2 story home with 4 bedrooms, 2 bathrooms and a double attached heated garage! The outbuildings include a 40 x 120 heated shop, 30 x 64 heated shop, 30 x 32 heated double un-attached garage (built in 2012), 40 x 60 machine shed (built in 2018), 40 x 120 cattle shed (built in 2017), 28 x 335 cattle shed (built in 2012), 28 x 70 vet shed (built in 2013), 40 x 90 open frame steel hay shed (built in 2017), 50 x 200 hoop building (built in 2016), 30 x 70 hoop building, 24 x 48 commodity shed and a 24 x 48 storage shed!!This property has predominately concrete yards and also has a concrete loading area and a 105 x 115 concrete silage pad! This property features over 210,000 square feet of outdoor concrete! This property has 17 different cattle yards and over 3,300 ft of fence-line feed bunk! This site has a current permit with the DNR and is permitted for up to 3,650 head! This property has a 2,570,000 gallon lagoon for manure and water runoff! This property has a permanent easement to pump the lagoon on the adjoining farmland! The home on the property is a 1 1/2 story home which features a double attached heated garage! The main floor consists of the kitchen/dining room, living room, master bedroom, office, laundry/entry and a bathroom! The upper level consists of 2 bedrooms and a play area. The basement features 1 bedroom, family room, bathroom, storage room and also has access to the garage! This property is served by Rock Valley Rural Water and REC elec. This property has a 375 ft deep well which serves the cattle yards on the main site and rural water backup is available to all yards if needed. The West 2 cattle yards are served by rural water only. This property is in the Rock Valley school district. Buyer of the feedlot will also have the option to rent 116.64+/- acres of farmland located approx. 1 1/2 Miles from the property. Contact an agent for details on this option. The septic systems on this property (home & shop) are currently functioning fine however they do not pass inspection for Iowa code and will need to be updated. The seller will give the buyer a credit equal to the quote to install a new system obtained by the seller from Leloux Diversified. If you have been searching for a property to start your cattle operation or add to your existing operation then you need to look at this property! This facility is currently being utilized as a custom feeding facility and has the potential to generate over $425,000.00 per year in income!!! Feedlot operations of this size and this nature in this area are not often available! This feedlot is very well maintained!

Open house: Open house will be held on May 22, 2021 from 10:00 A.M. to 12:00 P.M. and on May 26, 2021 from 5:30 to 7:00 P.M. or by appointment.

Taxes: Current Real Estate Taxes are $2,486.00 per year. Taxes will be prorated to date of closing.

Method of Sale: This property will be sold as a 23.815 acre feedlot in total dollars. Auction will be held at the feedlot.

Possession: Possession will be on closing day. Earl y Occupancy is available!

Terms: Purchaser (s) will be required to pay a non-refundable 10% of the purchase price as earnest money deposit, 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 August 6, 2021 when the buyer shall receive a clear and merchantable title to the property. This property is 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. Buyer agrees to accommodate the seller with a 1031 exchange. 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 etc 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. Micah Schreurs -attorney for sellers.

Darin & Krista SmithOwners

Auctioneers and Brokers:

Mark Zomer-712-470-2526Darrell Vande Vegte-712-726-3428 Gary Van Den Berg-712-470-2068

Ryan Zomer 712-441-3970 Blake Zomer-712-460-2552Joel Westra-605-310-6941

Joel Westra-605-957-5222Ivan Huenink-712-470-2003Gerad Gradert-712-539-8794