Under contract

01 N 115th Ave W, Melbourne, IA 50162

Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byPeoples Company
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Overview

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 1 consists of 132.32 gross acres m/l with 61.96 FSA cropland acres and an average CSR2 soil rating of 57.1. Primary soil types include Ackmore silty loam, Downs silty loam, and Tama silty clay loam. These cropland acres are classified as HEL (Highly Erodible Land). Snipe Creek winds through the northeast corner of the property. The farm lies on the Jasper / Marshall County line and is located northeast of Baxter, Iowa, in Section 4 of Malaka Township, Jasper County, Iowa. Access is from the north off North 115th Avenue West / 310th Street.

Tract 1 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 1 is due to the new Buyer(s) on or before September 1st, 2026. Please reach out to the Listing Agents for more details.

Location

Full feature list

Basic info

Property type
Other residential
Lot size (acres)
132.32

Exterior features

Pool
Yes

Taxes

Tax Annual Amount
$3,250

Public schools

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Sourced from: Des Moines Area Association of REALTORS® MLS MLS®#: 741353 Last checked:

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