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01 N 115th Avenue

Melbourne, IA 50162
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Acres132.32

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $1

AD Id : 79042222

MLS Id : 741353

Lot Size : 132.32 Acres(Lot)

County : Jasper

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Feature Features

  • Lot Information

    Main Square Feet: 132.32 Acres Lot Size Acres: 132.32

  • Listing Price Information

    Listing Price: $1 Cash, Conventional

  • Tax Information

    Parcel Number: 0304200005, 0304100002 Annual Tax: $3250 Tax Legal Desc: Exact legal to be taken from Abstract.

  • Location Information

    Direction: From Baxter, Iowa: Travel east on County Highway F17 for 4.5 miles until reaching West 4th Street North. Turn left (north) onto West 4th Street North and travel north for 3 miles. The farm will be found at the intersection of West 4th Street North and North 115th Avenue West. Look for signs.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/11/2026 @ 00:21

MLS: 741353 LISTED BY: Matt Adams, Peoples Company 515-222-1347 SOURCE: Des Moines Area Association of REALTORS

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