New Listing

Wayne County, IA
20.00 Acres M/L

1422 S56 Highway
Promise City, IA 52583

Price	$395,000
Listing	#18824

Land Agent

Daran Becker

Office: 515.222.1347
Mobile: 515.979.3498
Daran@PeoplesCompany.com

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Land Agent

Mike Nelson

Office: 515-222-1347
Mobile: 641.223.2300
MikeNelson@PeoplesCompany.com

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Property Info

Description

Peoples Company is proud to present this beautifully updated acreage featuring 20 m/l acres along paved County Highway S56, just north of Promise City, Iowa. This versatile property offers a move‑in‑ready ranch‑style home, an oversized garage, and a spacious outbuilding—combining comfort, functionality, and scenic rural living.

The home includes 2,061 square feet of finished space with 3 bedrooms and 2 bathrooms. Thoughtful updates throughout include a newer hickory kitchen, bright sunroom, remodeled bathrooms, updated flooring, newer siding, windows, doors, and shingles. Additional features include main‑floor laundry, a cozy wood‑burning fireplace, and efficient geothermal heating. The unfinished basement is partially framed and ready for future expansion.

Outdoor amenities enhance the property’s appeal, with a large back deck, a unique grain‑bin patio, and a children’s playset.

A detached 2‑car garage and a 30' x 54' steel building with a heated workshop and water provide excellent storage and workspace. The 20 acres are primarily wooded, providing privacy and outstanding opportunities for hunting, recreation, and enjoying nature. The property is also conveniently located near Rathbun Lake—an 11,000+ acre reservoir surrounded by thousands of acres of public hunting land—making this an ideal setting for outdoor enthusiasts.

Don’t miss this rare chance to own a beautifully improved, scenic acreage in the heart of southern Iowa.

Legal Description

W 1/2 NW 1/4 NW 1/4 Section 26 Township 70 North Range 20 West of the 5th PM.

Directions

From Promise City: Head north out of town on County Highway S56 and travel for 6.4 miles. The property will be located on your right. Look for the Peoples Company signs.

Appliances

Stove, Refrigerator, Washer & Dryer, Dishwasher, Microwave Included. Deep Freeze in the basement not included.

Sign On Property: Yes
Parcel Number: 040R26100001
School District: Wayne Community School District
General Area: North of Promise City
Net Taxes: $2,898.00
Style: Ranch
Water: Rural
Sewer: Septic
Zoning: Ag Res
Bedrooms: 3
Full Bathrooms: 1
Three Quarter Bathrooms: 1
Garages: Detached Garage
Stories: 1
Basement: Yes
Fireplaces: Yes
Year Built: 1978
Heating: Geo Thermal
Living Area Square Feet: 2,061
Basement Square Feet: 1,196
Roof: Asphalt Shingles
Exterior: Vinyl
Foundation: Poured

Interactive Map

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