04 1st Ave E Newton, IA 50208

Listing Agency Peoples Company M***@PeoplesCompany.com Show Phone

Listed by Matt Adams · License #*** Show Phone

Source Exprealty

Added: May 20 Checked: Jul 15 at 11:51 pm

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Investment Insights

Based on property information with market context.

Located in Jasper County, Iowa, this farmland auction features 459.40 gross acres m/l. Specifically, Tract 4 comprises 27.03 gross acres m/l, with approximately 20.20 FSA cropland acres. The land has an average CSR2 rating of 62.6, with primary soil types including Downs silt loam, Tama silty clay loam, and Gara loam. The cropland acres are classified as HEL (Highly Erodible Land). Elk Creek borders the western edge of the farm. Access is available from the south via US Highway 6 and from the north via North 4th Avenue East. Situated in Section 36 of Newton Township, Jasper County, Iowa, the farm is within Newton's city limits and borders the Elk Hills East Subdivision. While the future land use for this tract is not yet established, it presents potential for future development. The farm is currently leased for the 2026 farming season, with an agreed-upon early lease termination set for December 31st, 2026, or upon the removal of all crops, whichever comes first. The second half rental payment for Tract 4 is due to the new Buyer(s) on or before September 1st, 2026.

Key Highlights

• 27.03 gross acres m/l of farmland within Newton, Iowa city limits.
• Potential for future development.
• 20.20 FSA cropland acres with an average CSR2 rating of 62.6.

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FAQs

What type of property is this?

Farm - Productive farmland near Newton, Iowa, with future development possibilities.

Where is this farm located?

The property is located at 04 1st Ave E Newton, IA.

What are key features of this property?

This property features: 27.03 gross acres m/l of farmland within Newton, Iowa city limits.; Potential for future development.; 20.20 FSA cropland acres with an average CSR2 rating of 62.6.