Landwatch

April 2022 Recent Farmland Sales

Victoria G Myers
By  Victoria G. Myers , Progressive Farmer Senior Editor
Per Acre Prices (Progressive Farmer)

COLORADO, Baca County. A large, 8,554-acre ranch sold in 15 tracts for a total price of $8.75 million. Prices per tract ranged from $550 to $2,775 per acre. Average across the whole ranch was $1,023 per acre. The property included irrigated and dryland acreage, Conservation Reserve Program (CRP) land and grassland. It held bases in corn, wheat and grain sorghum. Irrigated acres totaled 753.55, and CRP acres totaled 1,374.9. Included in the sale were six irrigation wells across the whole property. Mineral acres were severed on 668 of the acres. Contact: Travis Weaver, Farm and Ranch Realty Inc.; frr@frrmail.com; 719-342-2997; www.farmandranchrealty.com

ILLINOIS, White County. Two tracts of row-crop land totaling 270 acres sold at auction for about $2.84 million, or an average price of $10,519 per acre. One 110-acre tract, which was almost all cropland and primarily Patton silty clay soils, brought $12,200 per acre. There were no farm structures or homes on the property, and the property was sold without mineral rights. Contact: Jason Blue, Kurtz Auction and Realty Co.; jason@kurtzauction.com; 812-452-3191; www.kurtzauction.com

INDIANA, Warrick County. Tracts totaling 862 acres sold at auction for $5.81 million, or an average of $6,740 per acre. A mostly wooded tract of 237 acres with abundant road frontage, including surface coal mine haul roads, sold for $6,246 per acre. Cropland averaged more than $10,000 per acre; mostly wooded acres averaged $3,500 per acre. Contact: Jason Blue, Kurtz Auction and Realty Co.; jason@kurtzauction.com; 812-452-3191; www.kurtzauction.com

Clinton County. Top-quality, tillable farmland totaling about 316 acres sold for $4.66 million, or $14,747 per acre, in a private transaction to a local farm family. The farm included 308 cropland acres with excellent road frontage and an investment-grade soil-productivity index at WAPI 176.3. Contact: Johnny Klemme, Geswein Farm and Land Realty LLC; johnny@gfarmland.com; 765-426-6666; edgeswein.com

IOWA, Jasper County. Tillable farmland totaling 154 acres sold in two tracts for $1.72 million in an online timed auction. Tract prices ranged from $10,300 to $12,050 per acre. Average price across the property was $11,169 per acre. Possession was at closing, with the farm open for the 2022 season. Contact: Jason Smith, DreamDirt Farm Real Estate and Auction; jason@DreamDirt.com; 515-537-6633; www.dreamdirt.com

KANSAS, Graham County. A mix of cropland, CRP and grassland totaling 1,750 acres sold at absolute auction for $3.28 million. The property sold in seven tracts with average tract prices ranging from $1,400 to $2,200 per acre. Average across the whole was about $1,874 per acre. The property included bases in wheat, corn and grain sorghum. Contact: Donald Hazlett, Farm and Ranch Realty Inc.; frr@frrmail.com; 800-247-7863; www.farmandranchrealty.com

KENTUCKY, Daviess County. Three tracts of land totaling about 114 acres sold at auction for $720,425, or an average of $6,320 per acre. The property included gently rolling pastureland with two barns, wooded land, reclaimed mine property and an older home. Contact: Clay Taylor, Kurtz Auction and Realty Co.; clay@kurtzauction.com; 800-264-1204; www.kurtzauction.com

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-- These sales figures are provided by the sources and may not be exact because of rounding.

-- Submit recent land sales to landwatch@dtn.com

-- Find current listings at https://about.dtnpf.com/…

-- Follow Vicki on Twitter @myersPF

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Victoria Myers