#4 • Tract 4 - 27.03 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 4 consists of 27.03 gross acres m/l with an estimated 20.20 FSA cropland acres. The tillable acres carry an average CSR2 rating of 62.6 with primary soil types of Downs silt loam, Tama silty clay loam, and Gara loam. The cropland acres classified as HEL (Highly Erodible Land). Elk Creek runs through the western edge of the farm. Access is from the south off of US Highway 6 and from the north off of North 4th Avenue East. Located in Section 36 of Newton Township, Jasper County, Iowa.  This farm lies within the city limits of Newton, Iowa, and borders the Elk Hills East Subdivision. The future land use for this tract has not been established, but the farm could have future development potential. See the 'Future Land Use Map' under the attachments for more information.   Tract 4 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 4 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 All that part of the North Half of the Northeast Quarter of Section 36, Township 80 North, Range 19 West of the 5th P.M., Jasper County, Iowa, lying North of the center of the primary highway, now designated as U.S. No.6; EXCEPT ELK HILLS EAST SUBDIVISION in the City of Newton, Jasper County, Iowa, as appears in plat recorded in Plat Book A, at Page 346, in the Office of the Recorder of said County; and EXCEPT Parcel A in the northwest Quarter of the Northeast Quarter of said Section 36 as appears in plat recorded in Book 1125, Page 152, in the Office of the Recorder of said County. Exact legal description to be taken from Abstract. Details Acres: 27.03 Acres M/L Parcel Number: 0836202001 Net Taxes: $870.00 CSR2: 62.6   Directions From Downtown Newton, Iowa: Travel east on US Highway 6 for 4.25 miles. The farm will be located on the north side of US HWY 6. Look for the Peoples Company signage.