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.
Ollie is located in Iowa. Ollie, Iowa has a population of 144. Ollie is less family-centric than the surrounding county with 25.64% of the households containing married families with children. The county average for households married with children is 28.42%.
The median household income in Ollie, Iowa is $51,250. The median household income for the surrounding county is $54,233 compared to the national median of $69,021. The median age of people living in Ollie is 49.5 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 13.7 degrees. The average rainfall is approximately 37.4 inches per year, with 24.4 inches of snow per year.
