#2 • Tract 2 - 240 Acres M/L

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

Location: Laurel, IA

High bid $8,600.00

Status: Sold

Tract 2 consists of 240 gross acres m/l with 211.10 FSA cropland acres. The tillable acres carry an average CSR2 rating of 61.4 with primary soil types of Shelby loam, Tama silty clay loam, and Colo silty clay loam. The cropland acres classified as HEL (Highly Erodible Land). Little Snipe Creek bisects the property into east and west halves with a crossing found in the middle of the farm. Access is from the east off of East 12th Street North. Located east of Baxter, Iowa, and north of Newton, Iowa, in Section 11 of Malaka Township, Jasper County, Iowa. There are three grain bins built in 1973, and a pole shed built in 1924, located on the tract, and powerlines lead to the bin/building site.   Tract 2 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 2 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 Northwest Quarter and the West Half of the Northeast Quarter of Section 11, Township 81 North, Range 19 West of the 5th P.M., Jasper County, Iowa. Exact legal to be taken from the abstract. Improvements 3 total Bins -  2 18' x 18' Steel Grain Bin - Built in 1973 - 3,200-bushel storage 1 21' x 21' Steel Grain Bin - Built in 1973 - 5,000-bushel storage  All grain bins have in floor aeration systems in floor auger  14' x 27' Pole Shed - Built in 1924 Consumer Energy power running to the bin/building site Details Acres: 240.00 Acres M/L Parcel Number: 0311100001, 0311100002, 0311200001, 0311100003, 0311100004, 0311200002 Net Taxes: $8,000.00 CSR2: 61.4   Directions From Baxter, Iowa: Travel east on County Highway F17W for 4.5 miles until reaching West 4th Street North. Turn left (north) onto West 4th Street North and travel north for 1 mile until reaching North 99th Avenue East. Turn right (east) onto North 99th Avenue East and travel east for 1 mile until reaching East 12th Street North. Turn left (north) onto East 12th Street North and travel north for 0.75 miles. The farm will be located on the east side of East 12th Street North. Look for the Peoples Company signage. From Newton, Iowa: 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 1 mile until reaching North 99th Avenue East. Turn right (east) onto North 99th Avenue East and travel east for 1 mile until reaching East 12th Street North. Turn left (north) onto East 12th Street North and travel north for 0.75 miles. The farm will be located on the east side of East 12th Street North. Look for the Peoples Company signage.