Agricultural & Residential Land for Auction in Newton, Iowa

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 4 consists of 27.03 gross acres m/l with an estimated 20.20 FSA cropland acres. The tillable acres carry an average CSR2 rating of 62.6 with primary soil types of Downs silt loam, Tama silty clay loam, and Gara loam. The cropland acres classified as HEL (Highly Erodible Land). Elk Creek runs through the western edge of the farm. Access is from the south off of US Highway 6 and from the north off of North 4th Avenue East. Located in Section 36 of Newton Township, Jasper County, Iowa. This farm lies within the city limits of Newton, Iowa, and borders the Elk Hills East Subdivision. 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 12/30/2026, or upon removal of all crops from the property, whichever occurs first. Tract 4 has 21 total acres leased. The yearly total cash rent for Tract 4 is $6,825 and the Sellers will retain the first half rental payment of $3,412.50. The second half rental payment for Tract 4 is $3,412.50 and is due to the new Buyer on or before 9/1/2026.