Wayne County, IA Land Auction - 136.57 Acres M/L (#19282)

Live auction by Peoples Company

Starts Jul 15, 2026 10:00 AM CDT

Peoples Company agents, Jared Chambers & Mike Nelson, are both 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. 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). 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 Peoples Company auction signs.  Sign On Property: Yes MLS Number: 742149 Parcel Number: 040R26100003, 040R26300001, 040R26300002, 040R26300004, 040R35100002 School District: Seymour Community Schools General Area: Promise City Net Taxes: $1,868.00 Water: Well Zoning: Ag

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