Agricultural & Residential Land for Auction in Newton, Iowa

Jasper County, IA 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, IA. The farm consists of four productive, tillable farmland tracts located immediately east & northeast of Newton, IA in Jasper County. Tract 3 consists of 60.05 gross acres m/l with 55.41 FSA cropland acres. The tillable acres carry an average CSR2 rating of 62.8 with primary soil types of Ackmore-Colo complex, Tama silty clay loam, and Shelby loam. The cropland acres classified as HEL. Elk Creek runs through the property and exits in the southeast corner of the farm. Access is from the east off of East 31st Street North. Located in Section 25 of Newton Township, Jasper County, IA. The farm borders the city limits of Newton, Iowa, along the east side. The future land use map for Newton indicates that this property is planned for Single-Family Residential use. The farm leased for the 2026 farming season, and an early lease termination has been agreed upon with the current farm lease terminating on Thurs, Dec 31st, 2026, or upon removal of all crops from the property, whichever occurs first. Tract 3 has 59.00 total acres leased. The yearly total cash rent for Tract 3 is $19,175, and the Sellers will retain the first half rental payment of $9,587.50. The second half rental payment for Tract 3 is $9,587.50 and is due to the new Buyer on or before Sept 1st, 2026.