0 Hempstead Place Prole, IA 50229
Warren County NeighborhoodEstimated payment $13,048/month
About This Lot
Premier 225-Acre Legacy Farm Offering Income, Recreation, and Secluded Building Potential Just Minutes from Des Moines
The words rare opportunity echo often in todays market, but once in a great while, a land offering rises above all the rest. The opportunity to own this farm represents one of those moments, where the chance to own something truly special has become a reality.
Peoples Company is proud to represent the Alice Joan Hansen Estate in the sale of 225.04 acres m/l of premium combination farmland, located in western Warren County, Iowa. Situated northeast of Martensdale and south of Norwalkjust five miles east of Interstate 35this farm has long been hidden behind the private gates at the end of Hempstead Place. Now, for the first time in decades, it is available to the public. The Hansen Farm presents an extraordinary opportunity to acquire productive agricultural land, exceptional recreational ground, beautiful potential building sites, and a level of privacy that is increasingly hard to find in Central Iowa.
Farmland
This diverse farm includes approximately 146 FSA cropland acres, carrying a CSR2 rating of 73.3. Of the cropland acres, 91.58 acres are currently in row crop production, with an additional 54.43 acres enrolled in two CRP programs (CP2 and CP4D)paying $7,397 annually that expire in 2030. These programs are aimed at converting select acres into high-quality native habitat as well as improving water quality and reducing erosion. The remaining tillable acres offer flexibilitythey could be returned to crop production, used for hay, or transitioned to food plots. The current farm lease will be terminated before closing or no later than September 1, 2025, allowing the property to be open for the 2026 crop year.
Recreation
The recreational value of this property is significant. A healthy population of whitetail deer, wild turkey, and game birds call the farm home, benefiting from a combination of native grasses, timbered ridges, and thick bottomland cover. Scattered hardwood blocks stretch across the farm, offering multiple stand locations for all wind directions. Centrally located cropland creates an ideal setup for leaving standing crops or establishing food plots that consistently pull wildlife from surrounding properties. An old, well-kept railroad right of way, along with winding creeks and marshy areas, makes for prime rutting habitat and ambush locations. Just a mile west, Zo-El Annett Woods provides nearby outdoor recreation, with a scenic trail loop, suspension bridge, and wooded hiking paths that add to the rural charm of the area. 
Building
From the gated entrance, the farm opens up to a picturesque building site nestled within the CRP fields, offering sweeping views of row crop acres, timber, and open prairie. Its the kind of setting where a back porch becomes a front-row seat to nature. Electric service is available at the road, and rural water can be extended from the westcontact the listing agents for full details. The established entrance and gated access provide both convenience and security. A 30' x 48' steel building is already in place, perfect for equipment storage or staging. The property sits within both the Indianola and Martensdale-St. Marys Community School Districts, offering flexibility for families considering a future homesite. 
This is a property that checks all of the boxes and lives up to the hype. Those tracking the Central Iowa land market will appreciate how unique and rare this farmland asset is. The ability to acquire a large, contiguous tract of land that has income to justify the carrying cost, excellent native habitat, hunting and recreation, a premier and secluded building site opportunity, and is 20 minutes from Des Moines does not come around often. All of the boxes are checked - the best time to buy a forever farm is when it's for sale. 
Please contact one of the Listing Agents for more information or a private showing of this property.
Improvements
- 30' x 48' steel utility building
- Great crossings
- Gated access
Reserved Items: All equipment and personal property in the building are reserved by the Estate
 
        Property Details
Property Type
- Land
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale | 
|---|---|---|---|---|---|
| 09/24/2025 09/24/25 | Price Changed | $2,092,872 | -4.6% | -- | |
| 07/18/2025 07/18/25 | For Sale | $2,194,140 | +7213.8% | -- | |
| 05/01/2024 05/01/24 | Sold | $30,000 | -25.0% | -- | View Prior Sale | 
| 04/09/2024 04/09/24 | Pending | -- | -- | -- | |
| 03/19/2024 03/19/24 | For Sale | $40,000 | -- | -- | 
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