Price Improvement! Beautiful 4 Bedroom, 4 Bath and Outbuildings sitting on 4.86 Acre M/L Country Retreat or Hobby Farm close to Lake Rathbun. This property offers space, comfort, and breathtaking rural views. You will find a well-maintained home featuring three levels of finished living space, beautiful oak woodwork, large windows for offering natural light. With 4 spacious bedrooms and 4 baths, it provides plenty of room for family, guests, and entertaining. Nature enthusiasts will appreciate the abundant wildlife, scenic views, and direct proximity to public hunting grounds. Conveniently located just 10 minutes from Lake Rathbun and within a 20–25 minute drive of Corydon, Centerville, and Chariton, this property combines rural tranquility with easy access to nearby communities and recreation. This one is a must see, so don't delay and schedule a showing soon.
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.
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

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Promise City is located in Iowa. Promise City, Iowa 52583has a population of 97. Promise City 52583 is more family-centric than the surrounding county with 38.38% of the households containing married families with children. The county average for households married with children is 31.58%.
The median household income in Promise City, Iowa 52583 is $35,208. The median household income for the surrounding county is $53,039 compared to the national median of $69,021. The median age of people living in Promise City 52583 is 55.6 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 13.1 degrees. The average rainfall is approximately 38 inches per year, with 23.8 inches of snow per year.