#1 • Tract 1 - 132.32 Acres M/L

Part of Jasper County, IA Land Auction - 459.40 Acres M/L (#19253) (live auction by Peoples Company)

Location: Melbourne, IA

High bid $5,100.00

Status: Sold

Tract 1 consists of 132.32 gross acres m/l with 61.96 FSA cropland acres and an average CSR2 soil rating of 57.1. Primary soil types include Ackmore silty loam, Downs silty loam, and Tama silty clay loam. These cropland acres are classified as HEL (Highly Erodible Land). Snipe Creek winds through the northeast corner of the property. The farm lies on the Jasper / Marshall County line and is located northeast of Baxter, Iowa, in Section 4 of Malaka Township, Jasper County, Iowa. Access is from the north off North 115th Avenue West / 310th Street. Tract 1 Farm Lease:   The farm is 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 Tract 1 is due to the new Buyer(s) on or before September 1st, 2026. Please reach out to the Listing Agents for more details. Legal Description The Northeast Fractional Quarter of the Northwest Quarter, AND Parcel A in the Northeast Fractional Quarter, All of Section 4, Township 81 North, Range 19 West of the 5th P.M., Jasper County, Iowa, as appears in Plat Book 970 at Page 628 in the Office of the Recorder of said County, subject to easement and restrictions of record, if any. Exact legal description to be taken from Abstract. Details Acres: 132.32 Acres M/L Parcel Number: 0304200005, 0304100002 Net Taxes: $3,250.00 CSR2: 57.1   Directions From Baxter, Iowa: Travel east on County Highway F17 for 4.5 miles until reaching West 4th Street North. Turn left (north) onto West 4th Street North and travel north for 3 miles. The farm will be found at the intersection of West 4th Street North and North 115th Avenue West. Look for the Peoples Company signage. From Newton: 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 3 miles. The farm will be found at the intersection of West 4th Street North and North 115th Avenue West. Look for the Peoples Company signage.