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Tillable Farmland Tract
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 Market110

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: Sep 7 at 6:06PM
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.

This agricultural property comprises 240 gross acres m/l, including 211.10 FSA cropland acres. The tillable ground carries an average CSR2 rating of 61.4, with Shelby loam, Tama silty clay loam, and Colo silty clay loam identified as the primary soils. The cropland is classified as HEL. Little Snipe Creek divides the farm into east and west sections, with a crossing near the center. Improvements include three grain bins constructed in 1973 and a pole shed dating to 1924. Powerlines extend to the bin and building area.

Access is provided from the east via East 12th Street North. The property is in Section 11 of Malaka Township, Jasper County, Iowa, east of Baxter and north of Newton. The farm is leased for the 2026 season, with the current agreement ending December 31st, 2026, or when all crops are removed, whichever comes first. The second rental installment is payable to the new buyer(s) by September 1st, 2026.

Key Highlights

  • 240 gross acres m/l with 211.10 FSA cropland acres
  • Average CSR2 rating of 61.4; primary soils include Shelby loam, Tama silty clay loam, and Colo silty clay loam
  • Three grain bins built in 1973 and a pole shed built in 1924

Property Analytics

Current Use

Agricultural land / Farmland

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Agricultural acreage includes productive cropland, grain storage, a pole shed, creek access, and power serving the improvements.
Where is this agricultural land / farmland 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 with 211.10 FSA cropland acres; Average CSR2 rating of 61.4; primary soils include Shelby loam, Tama silty clay loam, and Colo silty clay loam; Three grain bins built in 1973 and a pole shed built in 1924
More about this property
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