00 County Highway S 56 Highway IA 52583

Farm/Ranch · 136.57 Acres
$1 Active

00 County Highway S 56 Highway Overview

Time on Site:
27 days
Visits:
5

We are honored to be representing The Dobberthein Family with the auction of their family farm consisting of 136.57 surveyed acres located between Promise City, Iowa, and Confidence, Iowa. Two tracts ranging in size from 55.51 surveyed acres to 81.06 surveyed acres will be offered, presenting an ideal opportunity for you to assemble good farmland, recreational land with locations overlooking exceptional views to build your dream home on, and be secluded from any immediate neighbors. The way this farm is subdivided offers something for all types of buyers. This is a rare opportunity to purchase good Wayne County, Iowa farmland that best fits your needs and at your price. The farm is leased for the current 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. These two tracts will be offered via a live Public Auction that will take place on Wednesday, July 15, 2026, beginning at 10:00 AM at the Promise City Community Center located in Promise City, Iowa. The land will be offered as two individual tracts and will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through the Peoples Company mobile bidding app, and online bidding will be available. Visit our website for more information regarding this Auction.

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00 County Highway S 56 Highway Facts & Features

  • Type Farm/Ranch
  • Lot 136.57 Acres

Details

General

Location/Region

  • County Or Parish: Wayne
  • MLS Area Major: Promise City
  • Postal City: Promise City

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 1868.0

General Information

  • Disclosures: Not Builder Exclusive
  • Listing Terms: Cash,Conventional
  • Parcel Number: 040R26100003
  • Property Type: Land
  • Special Listing Conditions: Auction
  • Zoning: Ag

Interior

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0

Exterior

Lot Information

  • Lot Size Acres: 136.57
  • Lot Size Area: 136.57
  • Lot Size Units: Acres

00 County Highway S 56 Highway Neighborhood

Community

52583 (Promise City) Demographics

45
Median Age
8
Population Density (per sq. mile)
30%
College Educated
$56,563
Estimated Median Income
129
Estimated Total Home Owners
21
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

00 County Highway S 56 Highway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

00 County Highway S 56 Highway Market Data

Based on the last 30 days in this zip code

$481,500
Average List Price
$240
Average Price per Square Foot
0
Properties Sold
69
Average Days on Market
2
Properties for Sale
Calculations provided by Reliance Network

00 County Highway S 56 Highway History

Date Event Value Agent
6/2/2026Source: Des Moines Area Added to Database
June 02, 2026
Listing provided courtesy of Peoples Company- MLS# 742149MLS ProviderContact Information: (641) 414-0234