Listing Agency: Peoples Company k***@peoplescompany.com Show Phone

Listed By: Matt Adams · License #S59699000 Show Phone

Source: Prometrorealty

Added: May 21 Changed: Nov 1 Last Checked: Nov 1 at 1:45AM

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Investment Insights

Based on property information with market context.

This Jasper County farmland offering totals 459.40 gross acres, more or less, across four tracts. Tract 1 contains 132.32 gross acres, more or less, including 61.96 FSA cropland acres with a 57.1 average CSR2 rating. Its primary soils are Ackmore silty loam, Downs silty loam and Tama silty clay loam. The cropland is classified as HEL, and Snipe Creek crosses the northeast corner of this tract.

The property is east and northeast of Newton, Iowa. Tract 1 lies in Section 4 of Malaka Township along the Jasper and Marshall County line, with access from North 115th Avenue West / 310th Street. The farm is being offered at auction on June 10, 2026, at 10:00 AM CST.

Tract 1 is leased for the 2026 farming season. The lease ends December 31, 2026, or when all crops are removed, whichever occurs first. Its second-half rental payment is payable to the buyer by September 1, 2026.

Key Highlights

• 459.40 gross acres, more or less, offered in four tracts
• Tract 1: 132.32 gross acres, more or less, with 61.96 FSA cropland acres
• Tract 1 has an average CSR2 soil rating of 57.1; primary soils include Ackmore, Downs and Tama

Property Analytics

Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 50162, IA

1,236

Population

559

Households

2.2

Avg Household Size

38

Median Age

18%

College-Educated

98%

High-School Grad

50.0 sq mi

ZIP Area

25

Density / Sq Mi

$67,201

Median Household Income

$46,818

Median Earnings

$1,301

Median Rent

$182,900

Median Home Value

Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - The offering comprises four farm tracts east and northeast of Newton, with Tract 1 leased for the 2026 season.

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, more or less, offered in four tracts; Tract 1: 132.32 gross acres, more or less, with 61.96 FSA cropland acres; Tract 1 has an average CSR2 soil rating of 57.1; primary soils include Ackmore, Downs and Tama