Mark your calendars now for this early 2026 Henry County, IA land auction. This attractive farm offers it all! Tract 1 offers productive tillable cropland that is currently in highly improved pastureland, hay production, and includes 2 ponds. Tract 2 offers desirable hunting/ recreational acreage and home-building sites. Tract 3 features a 3-bedroom split-foyer home that was built in 1996, which includes 3 bedrooms, and there is a very nice 32 x 42 metal storage building built in 2011. This is an auction that you will not want to miss!

TRACT INFORMATION

Tract 1 - 98 acres (subject to survey)

FSA information should indicate 66.73 acres of tillable cropland, that is currently in improved pasture land and hay production. The tract is nicely improved with paddock fencing, several automatic livestock waters as well as sorting and holding pens.

Productive Pershing, Weller & Belinda soils.

CSR2 is 59.2.

The balance of the tract offers attractive hunting/ recreational acreage, (2) stocked ponds and desirable new home building sites. Rathbun Rural Water is available on this tract.

Access is on the east by Penn Ave.

Tract 2 - 20 acres (subject to survey)

FSA information should indicate 4.97 acres of tillable cropland currently in hay production.

Weller soils.

CSR2 is 62.9.

The balance of the tract includes wood draws as well as a heavily wooded area in the eastern portion featuring desirable hunting/ recreational acreage. There are attractive home building sites and Rathbun Rural Water is in close proximity.

Access is on the west by Penn Ave.

Tract 3 -1 acre & country home (subject to survey)

Physical Address: 2683 Penn Avenue, New London, IA 52645

This tract is improved with a nice split foyer home that offer 1,296 sq. ft. of living area that was built in 1996. There are (2) bedrooms on the main floor, (2) conforming bedrooms on the lower level that is partly finished and 2 baths.

GFA furnace with central air and main floor laundry.

Other amenities of the home include a large maintenances free deck, attached (2) car garage and Rathbun Rural Water services the property.

There is a 32 x 42 utility building that has (2) overhead doors and a concrete floor and nice garden shed.

Access is on the east by Penn Ave.

METHOD & TERMS

The Halbach property will be sold in (3) individual tracts. Tracts 1 and 2 will be sold first on a price per acre basis, based on surveyed acres, and will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either or both of the tracts for their high bid. If the high bidder does not elect both offered tracts, then the remaining tract will then be sold. Tract 3 will be sold last for a lump sum total dollar amount. 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 February 17, 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.

Subject to the Iowa Septic System Law the system on Tract 3 required testing, which has been completed and the septic system has passed the inspection.

Any future septic system testing or upgrades will be at the buyers 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.

Donald J. & Pamela G. Halbach

Representing Attorney:

Mike Vance | Vance Law Office

101 N Jefferson St, Mt Pleasant, IA 52641 | (319) 385-3736

Auction Manager:

Jim Huff (319) 931-9292