28.19 acres m/l Productive Tillable Ground with Development Potential

Description

Located just 1.5 miles from the convenience of town, this 28.19 acres m/l (subject to survey prior to auction) offers an outstanding combination of highly productive farmland, investment value, and future development potential. With hard surface road frontage and 97% tillable acres, properties of this quality and location are difficult to find.

FSA indicated 27.81 acres tillable with predominantly Pershing and Haig soils carrying an impressive CSR2 weighted average of 67.7. The farm currently contains .81 acres enrolled in CRP, with the current contract expiring September 30, 2026, and already reenrolled through 2036, providing additional income stability. Buyer will have the option to withdraw the new CRP contract if desired.

Whether you are looking to expand your farming operation, add to your investment portfolio, or capitalize on the long-term development opportunities this tract offers, this property checks all the boxes. The combination of productive soils, excellent access, and close proximity to town make this a rare offering with strong present and future value.

28.19 surveyed acres

26.38 taxable acres

FSA Indicates 27.81 acres tillable

Predominantly Pershing and Haig Soils

CSR@ weighted average of 67.7

.81 acres CRP expiring 9/30/26

The CRP has been reenrolled through 2036 at a rate of $230 per acre. Buyer will have the option to withdraw the new CRP contract if desired.

Seller: St. Mary Church of Fairfield

Seller’s Attorney :       Paul Miller

                                    Miller Law Office

                                    119 N. Court Street

                                    Fairfield, IA 52556

                                    (641) 472-5049

Seller to retain all cash rent from the 2026 farming season. The CRP payment will be prorated to the date of closing.

Bidding to be on a per acre basis, whereas the winning bid is to be multiplied by the gross surveyed acres of 28.19. Survey was completed by French-Reneker-Associates of Fairfield.

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 Mossy Oak Properties Boley Real Estate pertaining to this property. Real estate is being sold “AS IS”.

Immediately following the auction, the successful buyer(s) will be required to sign a purchase agreement 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 September 10th, 2026 upon delivery of a merchantable abstract and deed. The Real Estate Taxes will be prorated to the date of closing. Possession will be given at the time of closing subject to a lease with a tenant for the 2026 farming season as per Iowa Law. Seller will terminate current lease prior to September 1^st, 2027 and buyer will receive full possession March 1^st, 2027