Peoples Company is pleased to present this 192 acres m/l of Wayne County, Iowa farmland located in South Fork Township, just north of Promise City, Iowa. This property offers a strong combination of agricultural opportunity, recreational appeal, and long-term land investment potential. Conveniently located along Highway Co Rd S56, this tract provides excellent access and is situated in a desirable farming area of southern Iowa. The farm consists of productive agricultural acres with a CSR2 soil rating of 47.2, offering an excellent opportunity for an operator looking to expand their farming operation or an investor seeking a quality land asset. The property's diverse acreage provides flexibility for agricultural production while maintaining additional recreational appeal. Located in a strong agricultural community near Promise City and within the Seymour Community School District, this Wayne County farm represents a rare opportunity to acquire a sizable tract with convenient access, productive soils, and future appreciation potential. Whether adding to an existing operation, building a land investment portfolio, or securing a long-term asset, this property provides the qualities buyers continue to seek in Iowa farmland.

Under Contract
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 using the "Buyer's Choice" auction method on a price per acre basis and the high bidder can take, in any order, any or both tracts for their high bid. "Buyer's Choice" auctioning will continue until both tracts have been purchased and removed from the These two tracts 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.