Wayne County, Iowa Farmland Auction on Thursday, February 27th, 2025 at 10:00 AM! We are pleased to present a highly improved, combination farmland tract in northwest Wayne County, Iowa. This individual tract, comprised of 198.98 acres m/l located 3.50 miles northeast of Humeston, Iowa, and 2.75 miles southeast of Derby, Iowa, would be a smart investment for a beginning farmer, a buyer looking to diversify their portfolio, or anyone interested in long-term land investment opportunities. This turn-key farmland tract includes 173.18 FSA tillable acres carrying a CSR2 soil rating of 48.9, including Zook-Olmitz-Vesser complex and Arispe silty clay loam as the primary soil types. Currently, there are 138 acres being farmed with the balance consisting of alfalfa hay ground and highly improved pasture for grazing livestock. The farm has a conservation plan and is available for the 2025 cropping season. The pasture is comprised of cool-season grasses with well-maintained perimeter and interior fences that have been updated within the last 10 years, with the majority of it being replaced in the past 5 years with EQIP funding. There are a total of 4 ponds, all built within the last few years, that are well-distributed across the farm. All ponds are fenced and equipped with Cobett waterers, located directly below the dams, providing unmatched winter endurance and versatility for fall grazing of crop residue for southern Iowa livestock producers. Visit our website for more Info.