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240 Acres Lot
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240 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 741357
HOA Y/N No
Annual Tax Amount $8,000
Lot Size 240.000 Acres
Acres 240.0
Property Description
Jasper County, Iowa Farmland Auction – Mark your calendars for Wednesday, June 10th, 2026, at 10:00 AM CST! Pleased to represent the Merna J Rusk Estate in the sale of 459.40 gross acres m/l in Jasper County, Iowa. The farm consists of four productive, tillable farmland tracts located immediately east & northeast of Newton, Iowa in Jasper County, Iowa.
Tract 2 consists of 240 gross acres m/l with 211.10 FSA cropland acres. The tillable acres carry an average CSR2 rating of 61.4 with primary soil types of Shelby loam, Tama silty clay loam, and Colo silty clay loam. The cropland acres classified as HEL. Little Snipe Creek bisects the property into east and west halves with a crossing found in the middle of the farm. Access is from the east off of East 12th Street North. Located east of Baxter, Iowa, and north of Newton, Iowa, in Section 11 of Malaka Township, Jasper County, Iowa.
There are three grain bins built in 1973, and a pole shed built in 1924, located on the tract, and powerlines lead to the bin/building site.
Tract 2 Farm Lease:
The farm is leased for the 2026 farming season, and an early lease termination has been agreed upon with the current farm lease terminating on Thursday, December 31st, 2026, or upon removal of all crops from the property, whichever occurs first. The second half rental payment for Tract 2 is due to the new Buyer(s) on or before September 1st, 2026. Please reach out to the Listing Agents for more details.
Tract 2 consists of 240 gross acres m/l with 211.10 FSA cropland acres. The tillable acres carry an average CSR2 rating of 61.4 with primary soil types of Shelby loam, Tama silty clay loam, and Colo silty clay loam. The cropland acres classified as HEL. Little Snipe Creek bisects the property into east and west halves with a crossing found in the middle of the farm. Access is from the east off of East 12th Street North. Located east of Baxter, Iowa, and north of Newton, Iowa, in Section 11 of Malaka Township, Jasper County, Iowa.
There are three grain bins built in 1973, and a pole shed built in 1924, located on the tract, and powerlines lead to the bin/building site.
Tract 2 Farm Lease:
The farm is leased for the 2026 farming season, and an early lease termination has been agreed upon with the current farm lease terminating on Thursday, December 31st, 2026, or upon removal of all crops from the property, whichever occurs first. The second half rental payment for Tract 2 is due to the new Buyer(s) on or before September 1st, 2026. Please reach out to the Listing Agents for more details.
Location
State IA
County Jasper
Area Laurel
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 0311100001, 0311100002, 0311200001, 0311100003, 03
Monthly Total Fees $666
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction
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Listed by Peoples Company