JEFFERSON COUNTY, IA LAND AUCTION - DAHL

Tract 1 - Brick Home & 2 acres± (subject to survey)

• Physical Address: 2349 St. Hwy 1, Fairfield, IA 52556
• This parcel is improved with an executive style brick home that was built in 2014, offers 3 bedrooms, 2½ baths and 2,378 sq. ft. of living area.
• Other amenities include an attractive game room/man cave, a 2 car attached garage and partially finished basement.
• This home is situated on a nicely landscaped acreage that includes pine trees and other hardwoods and is located just south of Fairfield, IA on a hard surfaced State Highway.
• Rathbun Rural Water is located on the property.
• Refrigerator, stove, dishwasher and LP tank are included.
• Access is on the west by St. Hwy. 1.

Tract 2 - 41.00 acres± (subject to survey)

• FSA information should indicate 35.31 acres of tillable cropland, currently in row crop production. The balance of the tract is in waterways and there is a nice nearly 1 acre pond.
• Productive Haig, Pershing & Weller soils.
• CSR2 is 64.7.
• The tract is improved with a 24’ x 30’ Morton building that includes a concrete floor and there are several terraces with tile inlets on the tract.
• This tract offers several attractive residential building sites and has tremendous development potential.
• Access is on the south by 236th Blvd.

Tract 3 - 73.53 deeded acres±

• FSA information should indicate 72.59 acres of tillable cropland, currently in row crop production. The balance of the tract is in waterways.
• Productive Mahaska, Otley & Taintor soils.
• CSR2 is 65.1.
• The tract is improved with several terraces with drainage tile inlets.
• Access is on the east by Osage Ave.

Tract 4 - 99.07 deeded acres±

• FSA information should indicate 98.19 acres of tillable cropland, currently in row crop production.
• Productive Grundy, Haig & Pershing soils.
• CSR2 is 74.4.
• The tract is improved with several terraces with drainage tile inlets.
• Access is on the north by 239th St. and on the west by Teak Ave.

The Dahl Trust Farms will be sold based on surveyed & deeded acres. Tract 1 will be sold first for a “Lump Sum” total dollar amount. Tracts 2, 3 & 4 will be sold next on a price per acre basis and will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any or all tracts, in any combination, for their high bid. “Buyer’s Choice” auctioning will continue until all three tracts have been sold. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing in approximately 30 days on or about October 5, 2026 upon delivery of a merchantable abstract and deed. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing on Tract 1. Possession on Tracts 2, 3 & 4 will be given at the time of closing subject to a lease with a tenant for the 2026 crop year. All Tracts sell with full farming rights for the 2027 crop year. Subject to the Iowa Septic System “Time of Transfer” Law, the septic system on Tract 1 is exempt from any testing or upgrades. Any future testing and or upgrades to the septic system will be at the buyer’s expense.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold “AS IS”.