#3 • Tract 3 - 60.05 Acres M/L

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

Location: Newton, IA

High bid $14,900.00

Status: Sold

Tract 3 consists of 60.05 gross acres m/l with 55.41 FSA cropland acres. The tillable acres carry an average CSR2 rating of 62.8 with primary soil types of Ackmore-Colo complex, Tama silty clay loam, and Shelby loam. The cropland acres classified as HEL (Highly Erodible Land). Elk Creek runs through the property and exits in the southeast corner of the farm. Access is from the east off of East 31st Street North. Located in Section 25 of Newton Township, Jasper County, Iowa.  The farm borders the city limits of Newton, Iowa, along the east side. The future land use map for Newton indicates that this property is planned for Single-Family Residential use. See the 'Future Land Use Map' found under the attachments for more information.   Tract 3 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 3 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 East Half of the Southwest Quarter of Section 25, Township 80 North, Range 19, West of the 5th P.M., Jasper County, Iowa EXCEPT the West 100.0 feet of the North 864.5 feet and the West 120.0 feet of the South 451.55 feet of the NE ¼ of the SW ¼ of said Section 25 containing 3.23 acres more or less and EXCEPT beginning at the Southwest corner of the SE ¼ of the SW ¼ of said Section 25, thence North 1316.05 feet along the West line of said SE ¼ of the SW ¼ thence East 65.0 feet, thence South 348.45 feet along a line parallel to the West line of said SE ¼ of the SW ¼, thence Southeasterly 301.04 feet to a point 90.0 feet East of the said West line of said SE ¼ of the SW ¼, thence South 500.0 feet along a line parallel to the West line of said SE ¼ of the SW ¼, thence Southeasterly to a point 75.0 feet normally distant Northerly of a point 300.0 feet East of the Southwest corner and on the South line of said SE ¼ of the SW ¼ thence Southeasterly to a point 33.0 feet North of a point 800 feet East of the Southwest corner and on the South line of said SE ¼ of the SW ¼, thence South 33.0 feet, thence West 800.0 feet along the South line of said SE ¼ of the SW ¼ to the point of beginning and containing 3.03 acres more or less exclusive of the present established road. Exact legal description to be taken from Abstract. Details Acres: 60.05 Acres M/L Parcel Number: 0825300006, 0825300009 Net Taxes: $2,074.00 CSR2: 62.8   Directions From Newton, Iowa: Travel east on US Highway 6 for 2 miles until reaching East 31st Street North. Turn left (north) onto East 31st Street North and travel north for 0.5 miles. The farm will be located on the east side of East 31st Street North. Look for the Peoples Company signage.