County Highway S 56 Promise City, IA 52583

This offering presents surveyed agricultural land totaling 136.57 acres, offered as two separate tracts sized 55.51 acres and 81.06 acres. The subdivision is designed to suit different buyer needs, whether you’re looking for productive farmland or recreational land with elevated locations and wide-open views that may accommodate a future dream home. Zoning is Ag, and the property is being sold via public auction.

The farm is currently leased for the 2026 farming season, with beans planted. The successful buyer(s) will receive the second half of the 2026 cash rent at closing, while full farming rights for the new ownership are scheduled to begin March 1, 2027. The live auction will take place Wednesday, July 15, 2026, beginning at 10:00 AM at the Promise City Community Center in Promise City, Iowa, and bidding will also be available through the Peoples Company mobile bidding app.

For investors and operators, the split-trac design allows for flexible assembly of farmland according to size and preference, with income in place during the current season. For recreational buyers, the combination of views and limited immediate neighbor presence supports a private retreat setting, while agricultural zoning and the timing of possession can align with long-term plans.