10853 315th St , Lamoni, IA 50140(Decatur County)

Here is an excellent opportunity to purchase a turnkey cattle operation. Included in this 340-acre farm is a very nice ranch style home with outbuildings, 1,000 head cattle feedlot, and approx. 320 acres of tillable and pasture land. The farm has approx. 87.3 corn base acre with FSA yields of 92 as well as smaller bases for soybeans, wheat, and oats. The original home was built in 1982, and has 2,145 sq. ft. of main level living area and a finished basement. The home is in very good condition with recent updates. There was a 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. There was new siding and roof in 2002.

The feedlot has a 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.

* Located in SW Decatur County in Fayette Township, Sections 19 & 20

* 340 total acres, m/l

* 330 approx. net taxable acres

* 211.37 acres, m/l, tillable

* CSR: 42.7 per Surety® Mapping

* Real estate taxes = $4,482/year m/l

* Lamoni school district