Jasper County, Iowa Farmland Auction – Mark your calendar for Thursday, September 14th, 2023! Peoples Company is pleased to represent the Russell Family in the sale of 286.63 total acres m/l of prime Jasper County, Iowa farmland. The farmland is located between Colfax and Newton, Iowa just off of Interstate 80 on County Highway F48 & County Highway S52 and in Section 33 of Sherman Township. This highly tillable farm includes 284.16 FSA cropland acres designated NHEL and an average CSR2 soil rating of 53.3. The primary soil types include Zook silty clay loam, Wabash silty clay, and Colo silty clay loam.
The farmland will be sold as two individual tracts through the Buyer’s Choice Auction Method where the High/Winning Bidder can elect to purchase an individual tract or both tracts.
Tract 1: 147.8 Acres M/L with 141.1 FSA cropland acres carrying a CSR2 of 54.4.
Tract 2: 138.83 Acres M/L with 143.06 FSA cropland acres carrying a CSR2 of 52.2.
These high-quality farmland tracts are located in a strong farming community and would make for a great add-on tract to an existing farming operation or an investment for the Buyer looking to diversify their portfolio or hedge inflation. There are several grain marketing outlets located nearby including grain elevators and ethanol plants that can be accessed by both county and state paved highways.
The two tracts will be offered on a price-per-acre basis via Public Auction and will take place on Thursday, September 14th, 2023 at 10:00 AM at the Colfax Historical Society, 900 North Walnut Street, Colfax, Iowa 50054. The farm will be sold as two individual tracts using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, one or both tracts for their high bid. "Buyers Choice" auctioning will continue until both tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety after the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.
*Note* Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Jasper County FSA and NRCS offices.
