County Highway S 56, Promise City, IA 52583

Listing agent Jared Chambers Show Phone

Listing office Peoples Company A***@peoplescompany.com 1108 S 44th Street, Suite 102, Cumming, IA Show Phone

Listing date Jun 2, 2026

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MLS# 742149 Listing URL

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.

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Overview

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.

Map

City

Promise City

County

Wayne

State

Iowa

Longitude

-93.1548

Latitude

40.7684

FAQs

What type of property is this?

Agricultural land / Farmland - Two tracts of productive Wayne County farmland with 2026 lease in place and full rights beginning March 1, 2027.

Where is this agricultural land / farmland located?

The property is located at County Highway S 56 Promise City, IA.

What is the asking price?

The asking price for this property is Off market.

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