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 1:40AM

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Investment Insights

Based on property information with market context.

This Jasper County farm tract encompasses 240 gross acres m/l, including 211.10 FSA cropland acres. The tillable ground has an average CSR2 rating of 61.4, with Shelby loam, Tama silty clay loam, and Colo silty clay loam among the primary soil types. The cropland is classified as HEL. Three grain bins dating to 1973 and a pole shed built in 1924 are at the building site, where powerlines are present.

Little Snipe Creek runs through the property, with a crossing near its center. East 12th Street North provides access from the east. The tract is in Section 11 of Malaka Township, east of Baxter and north of Newton. Cropland is leased for the 2026 season; the lease ends December 31, 2026, or when all crops have been removed, whichever occurs first. The second half rental payment is due to the buyer on or before September 1, 2026.

Key Highlights

• 240 gross acres m/l, including 211.10 FSA cropland acres
• Tillable ground averages a 61.4 CSR2 rating and is classified as HEL
• Three grain bins built in 1973 and a pole shed built in 1924

Property Analytics

Current Use

Farms

Location Intelligence

Trade Area within ½ mile

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Demographics for 50141, IA

518

Population

262

Households

2

Avg Household Size

49

Median Age

16%

College-Educated

97%

High-School Grad

37.2 sq mi

ZIP Area

14

Density / Sq Mi

$75,625

Median Household Income

$43,194

Median Earnings

$713

Median Rent

$139,000

Median Home Value

Frequently Asked Questions

What type of property is this?

Farm - The property includes agricultural outbuildings, creek access, and cropland leased for the 2026 farming season.

Where is this farm located?

The property is located at 02 E 12th Street N Laurel, IA.

What are key features of this property?

This property features: 240 gross acres m/l, including 211.10 FSA cropland acres; Tillable ground averages a 61.4 CSR2 rating and is classified as HEL; Three grain bins built in 1973 and a pole shed built in 1924