All Listings
1 / 33
Sold
Listing #18310
Wayne County, IA
Overview
- 32.7Total acres M/L
- 17.69Tillable acres M/L
- $444Net taxes
Wayne County, Iowa Online Only Auction - Bidding concludes Tuesday, July 1st, 2025 at 3:00 PM! Peoples Company presents 32.70 acres m/l of Wayne County, Iowa land located just one mile south of the Lucas-Wayne County line along the west side of County Highway S56. This combination tract offers a mix of hardwood timber and 17.69 FSA cropland acres carrying a CSR2 of 40.9 with the primary soils of Gara loam and Armstrong loam, making it suitable for a range of uses, including a small acreage or recreational tract, investment property, or future building site.
Situated in the gently rolling hills of northeast Wayne County, this unique combination tract is minutes from Rathbun Lake and Honey Creek Resort, which provide year-round outdoor recreation such as boating, fishing, hiking, and camping. The area’s scenic views and proximity to one of Iowa’s premier lakes add to the appeal of those seeking a rural escape or long-term land investment. Utilities are readily accessible, with electric service through Chariton Valley REC at the road and a Rathbun Regional Water Association rural water service pit located in the southeast corner of the property, serviced by a 3" rural water line running along the west side of County Highway S56. There are two driveway entrances into the property off the paved county highway, which allows for increased convenience and flexibility in how the property is used.
The tract is leased for the 2025 season, and the current lease expires on March 1st, 2026. A lease termination notice will be given to the tenant, so the farm will be available for the 2026 growing season. The buyer will receive the second half of the 2025 lease payment. Currently, there is no hunting lease on the property, and hunting rights will be immediately available at Closing. Contact Agent for additional lease details.
The property will be offered via an Online Only Auction that will conclude at 3:00 PM on Tuesday, July 1st, 2025, and will be sold on a total price basis. All bidding must be through the Peoples Company BidWrangler platform, and a bid placed within 3 minutes of the scheduled closure of the auction will extend the bidding by an additional 3 minutes until all bidding is completed. Whether you’re looking for an acreage or a place to call home, this southern Iowa property with a gentle northwestern sloping topography provides all the scenic views that northeast Wayne County, Iowa, has to offer! The property is located within Section 9 in Wright Township, Wayne County, Iowa.
Situated in the gently rolling hills of northeast Wayne County, this unique combination tract is minutes from Rathbun Lake and Honey Creek Resort, which provide year-round outdoor recreation such as boating, fishing, hiking, and camping. The area’s scenic views and proximity to one of Iowa’s premier lakes add to the appeal of those seeking a rural escape or long-term land investment. Utilities are readily accessible, with electric service through Chariton Valley REC at the road and a Rathbun Regional Water Association rural water service pit located in the southeast corner of the property, serviced by a 3" rural water line running along the west side of County Highway S56. There are two driveway entrances into the property off the paved county highway, which allows for increased convenience and flexibility in how the property is used.
The tract is leased for the 2025 season, and the current lease expires on March 1st, 2026. A lease termination notice will be given to the tenant, so the farm will be available for the 2026 growing season. The buyer will receive the second half of the 2025 lease payment. Currently, there is no hunting lease on the property, and hunting rights will be immediately available at Closing. Contact Agent for additional lease details.
The property will be offered via an Online Only Auction that will conclude at 3:00 PM on Tuesday, July 1st, 2025, and will be sold on a total price basis. All bidding must be through the Peoples Company BidWrangler platform, and a bid placed within 3 minutes of the scheduled closure of the auction will extend the bidding by an additional 3 minutes until all bidding is completed. Whether you’re looking for an acreage or a place to call home, this southern Iowa property with a gentle northwestern sloping topography provides all the scenic views that northeast Wayne County, Iowa, has to offer! The property is located within Section 9 in Wright Township, Wayne County, Iowa.
Land
- Zoning
- Agriculture
- Gross Taxes
- 444
- Parcel(s)
- 040C09100002; 040C09100003
- School district
- Wayne County Community School District
Building
Location
- Address:
- County Highway S56, Russell, IA 50238 Get Directions
- Directions:
- From Russell, Iowa: Head south on County Highway S56 for approximately 8.50 miles. The property will be located on the west side of the road, approximately 1 mile south of the Lucas-Wayne county line. Look for the Peoples Company sign.
From Centerville, Iowa: Head west out of town on Iowa Highway 2 for approximately 13 miles and turn right (north) onto County Highway J56. Continue north for 8.50 miles to Confidence, Iowa, and turn left (west) and continue for 1.50 miles. Turn right (north) and continue for 1.25 miles; the property is located on the west side of the highway. Look for the Peoples Company sign.
From Rathbun Dam: Continue west for 8 miles on Highway J5T to County Highway S70. Turn right (north) and continue for approximately 3.50 miles to County Highway J18 and turn left (west). Continue west for approximately 6 miles, passing through Confidence, Iowa, to County Highway J56. Turn right (north) for 1.25 miles, and the property is located along the west side of the highway. Look for the Peoples Company sign.
Video
Terms
- Possession
- At Closing, Subject to Tenant's Rights
- Zoning
- Agriculture
- Legal description
- Approximately 32.70 acres m/l located in Section Nine (9), Township Seventy (70) North, Range Twenty (20) West of the 5th PM, Wayne County, Iowa. Exact legal description to be taken from Abstract.
Cash, Conventional, 1031 Exchange
Remaining terms and conditions are supplied per listing by the CMS.
Browse Similar Properties
Loading similar properties…