Premier Plymouth County, Iowa Cattle Feedlot & Farmland Auction - 320± Acres - 3 Tracts

Special Thanks to the Winter's and over 150 people attending the auction!

SOLD for $4,072,000

Tract #1 - Feedlot & 200 Acres = $3,100,000
Tract #2 - 40 Acres x $8,100 = $324,000
Tract #3 - 80 Acres x $8,100 = $648,000

For a Grand Total of $4,072,000

Permitted 8,500 head Cattle Feedlot!

Auctioneer’s Note: Name your price on this huge liquidation auction!  Steffes Group, Inc. is pleased to have been selected to conduct this PREMIER Cattle Feedlot & Row Crop Liquidation Auction of real estate, equipment & assets of Winters Feedlots, Inc.  Day 1 of the auction will be the real estate in three tracts including the 8,500 head feedlot and adjoining farmland.  Day 1 auction will be held at the Akron Country Club in Akron.  Day 2 will be held onsite at the Winter Feedlot, Akron.  Day 2 will be a three - four ring auction of the machinery, livestock equipment, shop equipment, office furniture & more!!  Please come prepared, bring extra friends & bidders!  Bring your trailers as load out assistance will be available!

Online Bidding Available!

Day 1 – Real Estate Auction – 3 Tracts

THURSDAY, DECEMBER 20, 2018 AT 5 PM

Auction held at the Akron Country Club, 941 Country Club Drive, Akron, IA 51001


Open House of the Feedlot will be on Friday, December 14th, from 10-Noon.

“Selling Choice with the Privilege” 
Tract #1 will be sold first and will be sold lump sum price.
Then Tracts #2 & 3 will be sold price per acre and will be selling Choice with the Privilege.  High bidder may take Tract #2 or Tract #3 or both tracts, in any order, for their high bid.  This will continue until both tracts are sold.  Tracts will not be recombined.

Tract #1: Permitted 8,500 Head Feedlot & Feed Mill on 200 Acres M/L
Located at 17638 Fir Avenue, Akron, IA

This is a rare opportunity to purchase a well thought out working cattle feedlot!  Offering 35 outside feeding pens, three cattle confinement buildings, working facility, feed mill, machine shed, shop & offices.  The layout of the feedlot offers established windbreaks, three wells and three lagoons.

Cattle Confinement Buildings & Feedlot
Cattle confinement building #1 was built in 2007 and is approx. 96’x540’ steel frame building.  This bedded cattle barn offers double sided concrete feed bunks, concrete pen dividers, Johnson continuous flow waterers, back curtain, concrete floor and concrete feed lanes.  Capacity is approx. 1,020 head.

Cattle confinement building #2 was built in 2016 and is approx. 100’x450’ steel frame building.  This bedded cattle barn offers double sided concrete feed bunks, concrete pen dividers, Johnson continuous flow waterers, back curtain, concrete floor and feed lanes.  Capacity is approx. 900 head.

Cattle confinement building #3 was built in 2012 and is approx. 90’x320’ steel frame building.  This bedded cattle barn offers one sided concrete feed bunks, concrete pen dividers, Johnson continuous flow waterers, back curtain, concrete floor and feed lane. Capacity is approx. 600 head.

The 35 open feeding pens have concrete fence line bunks, continuous pipe fence with composite and/or metal posts.  Graveled alleys provide feed truck access.

The 36’x60’ shed is a cattle working facility which has double tubs, solid high sided runway & loading chute on grooved concrete.  Also included in this building is a Daniels hydraulic working chute & scale, Vet office, storage, feet bath and semi loading dock.

Winter Feedlots, Inc. has a National Pollutant Discharge Elimination System for the lagoon system, which is permit for 8,500 head of feeder cattle – IDNR NPDES#7556471, EPA ID#IA0080217

Feed Mill
The feed mill has an approx. 20’x40’ control building with heat & air, office, feed mill controls and leased micronutrient equipment.  There is a drive thru with (4) 1,500 bu. overhead bins for feed truck loading.  There are two grain legs, 100’ (3,500 bph) & 140’ (5,500 bph) along with a 700-bushel drive over pit.  There is a RMS 48” roller mill with a Friesen 7,500 bu. overhead bulk bin.  Grain storage includes a Harvestore 17,000 bu. with Goliath unloader, 17,000 bu. bin w/ fan, 45,000 bu. bin w/ fan and (2) 12,000 bu. bins 1 w/ fan.  There is a 55,000 gallon concrete syrup pit with Houle agitator.  There is a 4,000-bu. high moisture corn hopper bin, connected by a horizontal conveyor with a RMS 72” roller mill.  The backup generator is a Katolight 135KW (model 431PSL6204-1).

Commodity Building & Bunker
The 50’x120’ open front, 6 bay pole building was built in 2006 with concrete floors & dividers and a concrete feed truck loading dock pad.  Beside the commodity building there is an approx. 80’x150’ concrete block storage bunk with concrete floor.

Business Office & Shop
The business office has 2,016 sq. ft. of space was built in 2006.  Offering a reception area, three offices, breakroom, two restrooms, storage area and central air & heat.  The adjoining large shop has 7,200 sq. ft. and was built in 2006.  The shop area has concrete floor with in-floor heat, work pit, 24’x16’ overhead door, (2) 14’x14’ overhead doors and mezzanine storage area.  Located adjacent to the office/shop is the Weigh-Tronics truck scale, 80’x12’, model BMS 98012-100T J.

Machine Shed & Horse Barn
The machine shed is a 66’x120’ pole frame building built in 2009.  The machine shed has a full concrete floor, steel lined, insulated, CleanBurn oil burning furnace, water hydrant, 200 amp breaker box and a 20’x24’ overhead door.

The horse barn is a 40’x60’ building with (2) 10’x60’ overhangs built in 2010.  The horse barn offers concrete floors, (9) 10’x12’ sliding door stalls w/ corner swing out hay feeders, heated tach room, hay loft, wash stall, 12’x12’ overhead door and automatic waterers.

Home & Detached Garage
The 3-bedroom home has 2,895 sq. ft. of living space and has been extensively remodeled.  The home offers an open floor plan in the kitchen, dining & living room.  The living room has a wood burning fireplace.  The formal living room has glass French doors which leads to the four season room with tiled floor & fireplace.  The master suite has an en-suite bathroom with tub, tiled shower, double vanity, toilet room and walk in closet.  Main level laundry room is off of the en-suite bathroom.  The upstairs offers two bedrooms and a full bathroom.  The basement offers a family room and utility room with electric forced air furnace with central air.  The home is serviced by a well and rural water is on the property.  There is an attached single car garage and a detached two car garage.  The home is nicely landscaped with a brick patio and fire pit. 

Farmland
Tract #1 has 200 acres M/L with approx. 84 acres tillable, balance being the feedlot and lagoon system.  
Corn Suitability Rating 2 of 77.5 on the tillable.
Located in Section 9, Johnson Township, Plymouth County, Iowa.

This tract has a Zimmermatic GrowSmart Field Vision 8 tower pivot irrigation, which distributes waste water from the lagoons.  Water is pumped from the lagoon, then delivered through an underground pipe to the center pivot, which is located on Tract #3.

Included: All attached gates, scales, attached working chutes, 500 & 1,000-gallon LP tanks.
Not included: Feed, Silage, Corn syrup & Bedding inventory, Micronutrient equipment (leased), Fuel barrels, Office furniture, All personal property & appliances in the home.

Tract #1 - Real Estate Taxes
Net $9,584.00

Tract #2 – 40 Acres M/L 
Approx. 38 acres tillable 
Corn Suitability Rating 2 of 77.9 on the entire tract.
Located in Section 9, Johnson Township, Plymouth County, Iowa.

Tract #2 - Real Estate Taxes
Net $870.00


Tract #3: 80 Acres M/L
Approx. 74 acres tillable 
Corn Suitability Rating 2 of 79.5 on the entire tract.
Located in Section 9, Johnson Township, Plymouth County, Iowa.

Tract #3 - Real Estate Taxes
Net $1,782.00

FSA indicates 197.13 acres tillable on the entire farm.

Terms: 20% down payment on December 20, 2018. Balance at closing with a projected date of February 4, 2019, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of February 4, 2019.
Real Estate Taxes:  To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.

Special Provisions: 
~ The buyer of the feedlot will be required to purchase from the seller the feed, silage, corn syrup & bedding inventory at time of closing at current market value.
~ All current cattle contracts will transfer to the buyer on the day of Tract #1 closing.
~ The tillable ground is selling free and clear for the 2019 farming season.
~ It shall be the obligation of the buyer to report to the Plymouth County FSA office and show filed deed in order to receive the following if applicable:   A. Allotted base acres;  B. Any future government programs;  C.  Final tillable acres will be determined by the Plymouth County FSA office.
~ It shall be the buyer’s responsibility and expense to inspect, repair and/or update, if needed, the home & office septic systems and acquire the DNR Time of Transfer certificate for the home & office septic systems.  This shall be done prior to closing.
~ The seller shall not be obligated to furnish a survey. 
~ If the purchaser of Tract #1 does not purchase Tract #3, Tract #3 shall be sold subject to an easement in favor of Tract #1 allowing the owner of Tract #1 to operate its irrigation equipment on the property and the purchaser of Tract #3 shall be required to accept the liquid effluent from the feedlot on Tract #1 and will pay for the nutritional value of the effluent spread on the property. - Update! - Purchaser of Tract#3 shall NOT be obligated to pay for any nutritional value of the effluent spread on the property to the Purchaser of Tract #1
~ This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
~ Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
~ If one buyer purchases more than one tract, the seller shall only be obligated to furnish one abstract and deed. (husband & wife constitute one buyer)
~ The buyer(s) shall be responsible for any fencing in accordance with Iowa state law.
~ The buyer(s) shall be responsible for installing his/her own entrances if needed or desired.
~ If in the future a site clean-up is required it shall be at the expense of the buyer(s).
~ This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
~ The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
~ Steffes Group, Inc. is representing the Seller.
~ Any announcements made the day of sale take precedence over advertising.

For information contact auction managers Nate Larson or Adrian Wolf
at Steffes Group, 319.385.2000 or 319.931.3944 Nate’s cell or 641.414.2256 Adrian’s cell