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Highway T12 North
Newton, IA 50208
271.75 Acres M/L - Jasper County, Iowa · Land For Sale
·
271.75 AC
Investment Highlights
- Consists of 271.75 acres m/l offered as four individual tracts via the Buyer's Choice auction method
- Includes 253.14 FSA cropland acres with 247.29 in row crop production and 5.65 enrolled in CRP
- Very productive, tillable farmland tracts with excellent yield history, located northeast of Newton, Iowa in Jasper County, Iowa
- Would make great add-ons to an existing farming operation or a smart investment for the Buyer looking to diversify their portfolio
Executive Summary
The Kirke C. Quinn Estate
271.75 acres m/l (To Be Surveyed)
253.14 FSA Cropland Acres, 247.49 Acres in Row Crop Production,
5.65 CRP Acres
Offered as Four Tracts
Thursday, February 26th, 2026, at 10:00 AM CST
Seller: The Kirke C. Quinn Estate
Auction Location:
Newton Arboretum - Krumm Center
3030 North 4th Avenue East
Newton, Iowa 50208
Tract 1: 77.35 acres m/l (to be surveyed) with an estimated 74.87 FSA cropland acres m/l carrying an average CSR2 soil rating of 87.3
Tract 2: 32.59 acres m/l (to be surveyed) with an estimated 27.47 FSA cropland acres m/l carrying an average CSR2 soil rating of 89.5
Tract 3: 72.85 acres m/l (to be surveyed) with 70.76 FSA cropland acres m/l carrying an average CSR2 soil rating of 83.4
Tract 4: 88.96 acres m/l (to be surveyed) with 80.04 FSA cropland acres m/l carrying an average CSR2 soil rating of 77.1
**Tract acres and Total acres are currently in the process of being surveyed. Exact surveyed acres will be updated and reported once the surveys have been completed.**
Online Bidding: Register to bid at
http://peoplescompany.bidwrangler.com/. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.
Auction Method: The tracts will be sold via Public Auction on Thursday, February 26th, 2026, at 10:00 AM at the Newton Arboretum in Newton, Iowa. All tracts will be offered on a price-per-acre basis using the "Buyer's Choice" auction method, where the high bidder can take, in any order, any or all tracts for their high bid. The "Buyer's Choice" auction will continue until all Tracts have been purchased and removed from the auction. The tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available.
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Agency: Peoples Company and its representatives are agents of the Seller. Winning Bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Farm Program Information: Farm Program Information is provided by the Jasper County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, 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.
CRP Payments: CRP payments will be prorated to the day of closing.
Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in the Peoples Company Trust Account.
Closing: Closing will occur on or before Wednesday, April 15th, 2026. The balance of the purchase price will be payable at closing in the form of cash, guaranteed checks, or wire transfers.
Possession: Possession of the land will be given At Closing, Subject to the Tenant's Rights.
Farm Lease: The farm lease has been terminated, and farming rights are open for the 2026 growing season.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit the required earnest money payment into the Peoples Company Trust Account. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing.
Financing: The purchaser’s obligation to purchase the Property is unconditional and is not contingent upon the Purchaser obtaining financing. Any financial arrangements are to have been made before bidding at the auction. By the mere act of bidding, the bidder makes a representation and warrants that the bidder has the present ability to pay the bid price and fulfill the terms and conditions provided in the Contract.
Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Seller. Not all tract and boundary lines are fenced, and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary.
Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property will be sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a "Price Per Acre" amount. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc., may vary from figures stated within the marketing material. Buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the Abstract.
Seller reserves the right to accept or reject any and all bids.
Property Facts Under Contract
1 Lot Available
Lot
| Lot Size | 271.75 AC |
| Lot Size | 271.75 AC |
Description
Jasper County, Iowa Farmland Auction – Mark your calendars for Thursday, February 26th, 2026, at 10:00 AM CST! Peoples Company is pleased to represent the Kirke C. Quinn Estate in the sale of 271.75 m/l acres (to be surveyed) in Jasper County, Iowa. The farm consists of four very productive, tillable farmland tracts with excellent yield history, located northeast of Newton, Iowa in Jasper County, Iowa. Tract 1: 77.35 acres m/l (to be surveyed) with an estimated 74.87 FSA cropland acres m/l carrying an average CSR2 soil rating of 87.3 Tract 2: 32.59 acres m/l (to be surveyed) with an estimated 27.47 FSA cropland acres m/l carrying an average CSR2 soil rating of 89.5 Tract 3: 72.85 acres m/l (to be surveyed) with 70.76 FSA cropland acres m/l carrying an average CSR2 soil rating of 83.4 Tract 4: 88.96 acres m/l (to be surveyed) with 80.04 FSA cropland acres m/l carrying an average CSR2 soil rating of 77.1 **Tract acres and Total acres are currently in the process of being surveyed. Exact surveyed acres will be updated and reported once the surveys have been completed.** As a whole, the farm consists of 253.14 FSA cropland acres with 247.49 acres currently in row crop production with excellent yield history. The remainder of the 5.65 FSA cropland acres are enrolled in the Conservation Reserve Program (CRP), Practice CP21 (Grass Filter Strips), through 2033 producing an annual payment of $1,695 or $300/acre. The prominent soil types on the farms include highly productive Colo silty clay loam, Tama clay loam, and Nevin silty clay loam. The farm boasts an average CSR2 soil rating of 83.5, well above the Jasper County average CSR2 soil rating of 68.5. These high-quality tracts would make great add-ons to an existing farming operation or a smart investment for the Buyer looking to diversify their portfolio. This is a rare opportunity to own extremely productive tracts in a strong farming area. Yield History Data: Tracts 1, 2, & 3 (Grouped as a farming unit) Corn Approved Yield: 256 bu/acre Bean Approved Yield: 69 bu/acre Tract 4 Corn Approved Yield: 243 bu/acre Bean Approved Yield: 66 bu/acre The four tracts will be offered on a price-per-acre basis using the “Buyer’s Choice” Auction Method, where the high bidder can take, in any order, any or all tracts for their high bid. The Public Auction will be held on Thursday, February 26th, 2026, at 10:00 AM CST at the Newton Arboretum, 3030 N 4th Ave E, located in Newton, Iowa 50208. The sale can also be viewed through a Virtual Online Auction option with online bidding available.
