Jasper County, Iowa Farmland Auction – Mark your calendars for Wednesday, June 10th, 2026, at 10:00 AM CST! 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 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.
Melbourne is located in Iowa. Melbourne, Iowa has a population of 788. Melbourne is more family-centric than the surrounding county with 39.71% of the households containing married families with children. The county average for households married with children is 34.8%.
The median household income in Melbourne, Iowa is $83,194. The median household income for the surrounding county is $63,591 compared to the national median of $69,021. The median age of people living in Melbourne is 36.9 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 9.7 degrees. The average rainfall is approximately 35.9 inches per year, with 27.3 inches of snow per year.
