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Investment Highlights

  • 459.40 acres m/l offered as 4 tracts ranging in size from 27.03 acres to 240 acres
  • Located north and northeast of Newton, Iowa in Jasper County
  • Farms are leased for the 2026 growing season and Buyer(s) will receive the second half of the cash rent payment

Executive Summary

Jasper County, Iowa Farmland Auction – Mark your calendars for Wednesday, June 10th, 2026, at 10:00 AM CST! Peoples Company is pleased to represent the Merna J Rusk Estate in the sale of 459.40 gross acres m/l in Jasper County, Iowa. The farm consists of four productive, tillable farmland tracts located immediately east & northeast of Newton, Iowa in Jasper County, Iowa.
Tract 1: 132.32 gross acres m/l with 61.96 FSA cropland acres m/l carrying an average CSR2 soil rating of 57.1
Tract 2: 240 gross acres m/l with 211.10 FSA cropland acres m/l carrying an average CSR2 soil rating of 61.4
Tract 3: 60.05 gross acres m/l with 55.41 FSA cropland acres m/l carrying an average CSR2 soil rating of 62.8
Tract 4: 27.03 gross acres m/l with 20.20 FSA cropland acres m/l carrying an average CSR2 soil rating of 62.6
As a whole, the farm portfolio consists of 348.67 FSA cropland acres. These 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.
Farm Lease:
The farms are leased for the 2026 farming season, and an early lease termination has been agreed upon with the current farm lease terminating on Thursday, December 31st, 2026, or upon removal of all crops from the property, whichever occurs first. The second half rental payment for all of the farms is due to the new Buyer(s) on or before September 1st, 2026. Please reach out to the Listing Agents for more details.
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 Wednesday, June 10th, 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.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Agricultural
  • Agribusiness
Total Lot Size 459.40 AC
Zoning Ag

1 Lot Available

Lot

Lot Size 459.40 AC

Description

Jasper County, Iowa Farmland Auction – Mark your calendars for Wednesday, June 10th, 2026, at 10:00 AM CST! Peoples Company is pleased to represent the Merna J Rusk Estate in the sale of 459.40 gross acres m/l in Jasper County, Iowa. The farm consists of four productive, tillable farmland tracts located immediately east & northeast of Newton, Iowa in Jasper County, Iowa. Tract 1: 132.32 gross acres m/l with 61.96 FSA cropland acres m/l carrying an average CSR2 soil rating of 57.1 Tract 2: 240.00 gross acres m/l with 211.10 FSA cropland acres m/l carrying an average CSR2 soil rating of 61.4 Tract 3: 60.05 gross acres m/l with 55.41 FSA cropland acres m/l carrying an average CSR2 soil rating of 62.8 Tract 4: 27.03 gross acres m/l with 20.20 FSA cropland acres m/l carrying an average CSR2 soil rating of 62.6 As a whole, the farm portfolio consists of 348.67 FSA cropland acres. These 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. Farm Lease: The farms are leased for the 2026 farming season, and an early lease termination has been agreed upon with the current farm lease terminating on Thursday, December 31st, 2026, or upon removal of all crops from the property, whichever occurs first. The second half rental payment for all of the farms is due to the new Buyer(s) on or before September 1st, 2026. Please reach out to the Listing Agents for more details. 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 Wednesday, June 10th, 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.

Somewhat walkable
20/100
Exceptionally drivable
100/100
  • Listing ID: 40697073

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: West 4th Street South, Newton, IA 50208

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