Surveyed Agricultural
For Sale
Contact for pricing
Pending
County Highway S 56, Promise City, IA 52583
Land, IA
Property SizeContact for details
Lot Size136.57 Acres
Days on Market96
Property Features for County Highway S 56
General Information
Property type
Land
Property subtype
Other
Zoning
Ag
Directions
From Confidence, Iowa: Travel south along County Highway S56 for approximately 2 miles to the beginning of Tract 1, which is located on the east side of the pavement. Watch for Peoples Company auction signs. From Promise City, Iowa: Travel north along County Highway S56 for approximately 4.75 miles to the farm, which is located on the east side of the pavement. Watch for Company auction signs.
Subdivision
Promise City
Special listing conditions
Auction
Standard status
Pending
APN
040R26100003
Lot size
136.57 Acres
Taxes and HOA fees
Tax Description
136.57 Acres in Sections 26 and 35, Township 70N, Range 20W, Wayne County, Iowa. (see recent survey(s) for exact legal descriptions).
Tax Annual Amount
1868
Legal Description
136.57 Acres in Sections 26 and 35, Township 70N, Range 20W, Wayne County, Iowa. (see recent survey(s) for exact legal descriptions).
Listing Agency:
Peoples Company
(515) 222-1347
Listed By:
Jared Chambers
(641) 414-0234
Added: Jun 2
Changed: Aug 19
Last Checked: Sep 5 at 5:06PM
MLS# 742149
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Ag-zoned farm comprises 136.57 surveyed acres divided into two tracts measuring 55.51 acres and 81.06 acres. The property supports agricultural use and includes areas described for recreation and potential home sites with rural views. Beans are planted for the 2026 farming season under an existing lease, while full farming rights are available to the new owners beginning March 1, 2027.
Located along County Highway S 56 in Wayne County, Iowa, the land lies between Promise City and Confidence. The two tracts will be offered separately through a live public auction on July 15, 2026, at 10:00 AM at the Promise City Community Center, with online bidding also available through the Peoples Company mobile bidding app. The property will not be offered as one combined parcel at the close of the auction.
Located along County Highway S 56 in Wayne County, Iowa, the land lies between Promise City and Confidence. The two tracts will be offered separately through a live public auction on July 15, 2026, at 10:00 AM at the Promise City Community Center, with online bidding also available through the Peoples Company mobile bidding app. The property will not be offered as one combined parcel at the close of the auction.
Key Highlights
- 136.57 surveyed acres in Wayne County, Iowa
- Two individual tracts: 55.51 acres and 81.06 acres
- Ag zoning supports the property's agricultural character
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 52583, IA
312
Population
166
Households
1.9
Avg Household Size
47
Median Age
12%
College-Educated
86%
High-School Grad
45.0 sq mi
ZIP Area
7
Density / Sq Mi
$59,231
Median Household Income
$34,861
Median Earnings
$1,250
Median Rent
$104,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Two surveyed tracts combine working farmland with recreational and rural residential possibilities.
Where is this agricultural land / farmland located?
The property is located at County Highway S 56 Promise City, IA.
What are key features of this property?
This property features: 136.57 surveyed acres in Wayne County, Iowa; Two individual tracts: 55.51 acres and 81.06 acres; Ag zoning supports the property's agricultural character
