Skip to main contentSkip to navigation
1 / 11

Land for Auction in Melrose, Iowa

2 255th St, Melrose, IA 52569

$— min
191 acres
Auction

Monroe County, Iowa Farmland Auction - Mark your calendars for Thursday, June 11th, 2026, at 10:00 AM CST! Pleased to represent the Merna J Rusk Estate in the sale of 303.74 acres m/l in Monroe County, Iowa. This property will be offered in two tracts, providing a unique opportunity to acquire a premier recreational hunting farm alongside a large, contiguous, highly productive tillable farm - all in one auction setting. Tract 2 presents as 191.31 acres m/l of productive Monroe County farmland in an area where large, contiguous tracts of tillable ground are a rarity. This gently rolling farm offers 181.80 estimated FSA cropland acres classified as a combination of NHEL and HEL and features dependable Grundy silty clay loam soils with an average CSR2 rating of 55.7. Fingered, timber lined draws through the farm's south half add recreational appeal. Access is from the west off of County Road S63 and from the south from 255th Street. Located southwest of Melrose, Iowa, in Sections 18 & 19 of Jackson Township in Monroe 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 180 total acres leased. The yearly total cash rent for Tract 2 is $47,700, and the Sellers will retain the first half rental payment of $23,850. Contact agents for info

Auction details

Price
Contact agent

Location

Street address
2 255th St
Community
Melrose
Elevation
1,014 feet
Coordinates
40.9388, -93.091

Directions

From Albia, Iowa: Travel west on US Hwy 34 for 15.3 miles until County Line Rd. Turn left onto County Line Rd and go for 1.5 miles until Bluegrass Rd. Turn right and travel west/southwest for 1.25 miles until 332nd Ave. Turn left onto 332nd Ave and for for 1 mile until reaching 440th St. Turn left onto 440th St and go for 0.75 miles until reaching County Rd S63. Turn right onto County Rd S63 and travel south for 1 mile. The farm will be located on the east side of County Rd S63. Look for signs.

Property details

Acreage
191.31 acres
Zoning
Ag
MLS #
DMAAR 741364
Posted

Property taxes

Recent
$3,150 - Exact legal to be taken from Abstract.

Parcels

  • 180619005000000
  • 180619008000000
  • 180619009000000

Listing history

DateEventPriceChangeSource
May 21, 2026New listing$—DMAAR
Subscribe to listing updates

This 191.31-acre property is located at 2 255th St in Melrose, IA 52569. The property is scheduled for auction.

Listed by Peoples Company, (515) 771-7588

Checked 2 hours agoUpdated Source

Report listing issue

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact