02 255th Street, Melrose, IA 52569
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
02 255th Street,Melrose, IA 52569
$1
- 191.31 Acres
- Lots / Land
- Active
Listed by: matt adams, andrew zellmer
Office: peoples company
MLS#:741364
Source:IA_DMAAR
Price summary
- Price:$1
About this home
Monroe County, Iowa Farmland Auction – Mark your calendars for Thursday, June 11th, 2026, at 10:00 AM CST! Pleased to represent the Merna J Rusk Estate in the sale of 303.74 acres m/l in Monroe County, Iowa. This property will be offered in two tracts, providing a unique opportunity to acquire a premier recreational hunting farm alongside a large, contiguous, highly productive tillable farm - all in one auction setting.
Tract 2 presents as 191.31 acres m/l of productive Monroe County farmland in an area where large, contiguous tracts of tillable ground are a rarity. This gently rolling farm offers 181.80 estimated FSA cropland acres classified as a combination of NHEL and HEL and features dependable Grundy silty clay loam soils with an average CSR2 rating of 55.7. Fingered, timber lined draws through the farm's south half add recreational appeal. Access is from the west off of County Road S63 and from the south from 255th Street. Located southwest of Melrose, Iowa, in Sections 18 & 19 of Jackson Township in Monroe County, Iowa.
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. Tract 2 has 180 total acres leased. The yearly total cash rent for Tract 2 is $47,700, and the Sellers will retain the first half rental payment of $23,850. Contact agents for info...
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Home facts
- Listing ID #:741364
- Added:2 day(s) ago
- Updated:May 24, 2026 at 02:48 PM
Structure and exterior
- Lot area:191.31 Acres
Finances and disclosures
- Price:$1
- Tax amount:$3,150
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