Agricultural

Promise City, IA Agricultural Land / Farmland for Sale

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Seymour, IA Corydon, IA Russell, IA Centerville, IA Melrose, IA Moravia, IA Allerton, IA Mystic, IA
Iowa Farmland Tract for Sale
Updated: Jul 17
Iowa Farmland Tract for Sale

Promise City, IA 52583

$1,482,000
192.00 AC lot
192 acres m/l of Wayne County, Iowa farmland in South Fork Township, just north of Promise City
Located along Highway Co Rd S56 for convenient access
Productive agricultural acres with a CSR2 soil rating of 47.2
Falls within the Seymour Community School District
Diverse acreage offers flexibility for agricultural production plus recreational appeal
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Auctioned Farmland with Two Tracts
Updated: Jun 2
Auctioned Farmland with Two Tracts

Promise City, IA 52583

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136.57 AC lot
Auction includes 136.57 surveyed acres in Wayne County, Iowa, located between Promise City and Confidence
Offered as two separate tracts: 55.51 surveyed acres and 81.06 surveyed acres
Current lease: 2026 farming season with beans planted; seller to transfer the second half of 2026 cash rent at closing
New buyers receive full farming rights beginning March 1, 2027
Live public auction Wednesday, July 15, 2026 at 10:00 AM at the Promise City Community Center
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Recreational Farm with Metal Building
Recreational Farm with Metal Building

1671 Hwy S56, Promise City, IA 52583

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29.00 AC lot

29-acre recreational farm with a 40' x 88' metal building including utilities, concrete floor, septic, and water lines.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Promise City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Land Tract
Agricultural Land Tract

120th Street, Corydon, IA 50060

$302,000
40.00 AC lot

Well-maintained 40-acre farm with 36.30 FSA cropland acres in Ag zoning.

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Zoned Commercial Development Land
Zoned Commercial Development Land

11323 Highway S70, Melrose, IA 52569

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23.00 AC lot

Development land zoned commercial, currently farmed, with proximity to Lake Rathbun and nearby Bridge View amenities.

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Iowa Farmland Auction Opportunity
Iowa Farmland Auction Opportunity

Co Rd S63 / 430th Lane, Melrose, IA 52569

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303.74 AC lot

308.41 acres in Monroe County, Iowa for sale.

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Productive Farmland Auction Near Corydon, Iowa
Productive Farmland Auction Near Corydon, Iowa

County Road S40, Corydon, IA 50060

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183.36 AC lot

183.36 acres of tillable farmland offered in three tracts.

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Promise City, IA Agricultural Land / Farmland Market Trends and Statistics

Explore 3 agricultural land / farmland for sale in Promise City, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,575,749 square feet of properties for sale, with an estimated market value of $1,482,000.

Sale prices for farmlands in Promise City, IA average $1,482,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 391
Population Growth (5Y) +29.5%
Median Household Income $59,231
College Educated 18.5%

Taxes & Financing

Tax Rate (average for all types) 1.31%
Property Tax per SF $16.90 per SF
Tax Rate vs County Average 0.84 pp below county avg
Average Loan-to-Value 65.0%

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