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    Productive Farmland Auction in Iowa

    01 N 115th Avenue W Melbourne, IA 50162

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    Pending
    Contact for pricing

    LAND - Melbourne, IA

    Lot size:
    132.32 Acres
    Added:
    May 21, 2026
    Days on Market:
    52
    Last Refresh:
    Jul 11 at 6:06 pm

    Property Features for 01 N 115th Avenue W

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Ag
    Standard status
    Pending
    APN
    0304200005, 0304100002
    Lot size
    132.32 Acres

    Taxes and HOA fees

    Tax Description
    Exact legal to be taken from Abstract.
    Tax Annual Amount
    3250

    Listing agent Matt Adams License #***

    Listing office Peoples Company 1108 S 44th Street, Suite 102, Cumming, IA

    Listing date May 21, 2026

    MLS# 741353 Listing URL

    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.

    Investment Insights

    Based on property information with market context.

    Located in Jasper County, Iowa, this farmland auction represents the Merna J Rusk Estate in the sale of 459.40 gross acres m/l. The farm consists of four productive, tillable farmland tracts situated immediately east & northeast of Newton, Iowa. Tract 1 comprises 132.32 gross acres m/l, featuring 61.96 FSA cropland acres and an average CSR2 soil rating of 57.1. The 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 traverses the northeast corner of the property. The farm is located on the Jasper / Marshall County line, northeast of Baxter, Iowa, in Section 4 of Malaka Township, Jasper County, Iowa. Access is available from the north off North 115th Avenue West / 310th Street. The farm is leased for the 2026 farming season, with an early lease termination agreed upon, ending on Thursday, December 31st, 2026, or upon removal of all crops. The second half rental payment for Tract 1 is due to the new Buyer(s) on or before September 1st, 2026.

    Key Highlights

    • 459.40 gross acres m/l of farmland in Jasper County, Iowa.
    • Four productive, tillable farmland tracts located east & northeast of Newton, Iowa.
    • Tract 1: 132.32 gross acres m/l with 61.96 FSA cropland acres.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 459.40 acres of farmland in Jasper County, Iowa.
    Where is this agricultural land / farmland located?
    The property is located at 01 N 115th Avenue W Melbourne, IA.
    What are key features of this property?
    This property features: 459.40 gross acres m/l of farmland in Jasper County, Iowa.; Four productive, tillable farmland tracts located east & northeast of Newton, Iowa.; Tract 1: **132.32 gross acres m/l with 61.96 FSA cropland acres.**
    Contact an agent
    (515) 423-9235
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    Contact an agent
    Matt Adams
    Real Estate License ID: ***
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