Auctioned Farmland with Two
County Highway S 56 Promise City, IA 52583
For Sale
Contact for pricing
Pending
LAND - IA
Lot Size136.57 Acres
Days on Market53
Property Features for County Highway S 56
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Ag
- 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
Listing Agency:
Peoples Company
(515) 222-1347
Listed By:
Jared Chambers
(641) 414-0234
Added: Jun 2
Changed: Jul 22
Last Checked: Jul 24 at 8:06AM
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 auction offering includes a family farm comprised of 136.57 surveyed acres in Wayne County, Iowa, offered in two separate tracts ranging from 55.51 to 81.06 surveyed acres. The property is zoned Ag and will be sold via a live public auction, with online bidding and mobile bidding available.
The farm is located between Promise City, Iowa, and Confidence, Iowa. The land 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, with full farming rights available to the new Buyer(s) beginning March 1, 2027. The two tracts will be offered as individual parcels and will not be offered in their entirety at the conclusion of the auction. The auction takes place Wednesday, July 15, 2026, beginning at 10:00 AM, at the Promise City Community Center in Promise City, Iowa.
The farm is located between Promise City, Iowa, and Confidence, Iowa. The land 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, with full farming rights available to the new Buyer(s) beginning March 1, 2027. The two tracts will be offered as individual parcels and will not be offered in their entirety at the conclusion of the auction. The auction takes place Wednesday, July 15, 2026, beginning at 10:00 AM, at the Promise City Community Center in Promise City, Iowa.
Key Highlights
- 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
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Recreation land
FAQs
What type of property is this?
Agricultural land / Farmland - Two auction tracts of Ag-zoned farmland in 2026 lease beans, with farming rights starting March 1, 2027.
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: 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
