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 (Highly Erodible Land). 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. 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. Tract 2 has 203 total acres leased. The yearly total cash rent for Tract 2 is $60,900, and the Sellers will retain the first half rental payment of $30,450. The second half rental payment for Tract 2 is $30,450 and is due to the new Buyer on or before September 1st, 2026.
