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Productive Farmland Auction in Jasper
For Sale
Contact for pricing
Pending

02 E 12th Street N, Laurel, IA 50141

Land, Laurel, IA

Property SizeContact for details
Lot Size240.00 Acres
Days on Market98

Property Features for 02 E 12th Street N

General Information

Property type Land
Property subtype Other
Zoning Ag
Directions From Newton, Iowa: Travel north on State Highway 14 for approximately 8 miles until State Highway 14 meets West 4th Street North. Continue north on West 4th Street North for 1 mile until reaching North 99th Avenue East. Turn right (east) onto North 99th Avenue East and travel east for 1 mile until reaching East 12th Street North. Turn left (north) onto East 12th Street North and travel north for 0.75 miles. The farm will be located on the east side of East 12th Street North. Look for signs.
Subdivision Laurel
Special listing conditions Auction
Standard status Pending
APN 0311100001, 0311100002, 0311200001, 0311100003, 03
Lot size 240.00 Acres

Taxes and HOA fees

Tax Description Exact legal to be taken from Abstract.
Tax Annual Amount 8000
Legal Description Exact legal to be taken from Abstract.
Listing Agency: Peoples Company
Listed By: Matt Adams · License #S59699000
Added: May 21 Changed: Aug 19 Last Checked: Aug 26 at 8:06AM
MLS# 741357

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 east of Baxter and north of Newton, Iowa, this farmland consists of 240 gross acres m/l, with 211.10 FSA cropland acres. The property is located in Section 11 of Malaka Township, Jasper County, Iowa. The tillable acres have an average CSR2 rating of 61.4, with primary soil types including Shelby loam, Tama silty clay loam, and Colo silty clay loam. The cropland acres are classified as HEL. Little Snipe Creek bisects the property into east and west halves, with a crossing in the middle of the farm. Access is from the east off of East 12th Street North. Improvements include three grain bins built in 1973 and a pole shed built in 1924, with powerlines leading to the bin/building site. The farm is leased for the 2026 farming season, with an early lease termination agreed upon, ending on December 31st, 2026, or upon removal of all crops. The second half rental payment is due to the new Buyer(s) on or before September 1st, 2026.

Key Highlights

  • 240 gross acres m/l of productive, tillable farmland in Jasper County, Iowa.
  • 211.10 FSA cropland acres with an average CSR2 rating of 61.4.**
  • Located east & northeast of Newton, Iowa, in Section 11 of Malaka Township.

Property Analytics

Current Use

Farms

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Farm - 240 acres of farmland in Jasper County, Iowa.
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 of productive, tillable farmland in Jasper County, Iowa.; 211.10 FSA cropland acres with an average CSR2 rating of 61.4.**; Located east & northeast of Newton, Iowa, in Section 11 of Malaka Township.
More about this property
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