Landwatch Weekly

Recent Farmland Sales in Indiana, Iowa, Oklahoma and South Dakota

Todd Neeley
By  Todd Neeley , DTN Environmental Editor
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Per-acre prices of recent farmland sales. (DTN graphic)

Editor's Note: DTN's Landwatch Weekly column is a spin-off of Progressive Farmer's monthly column, highlighting the recent results of sales and auctions from across the country. Sales figures are provided by sources and may differ from what you see elsewhere due to rounding and averaging. If you would like to submit a sale for publication, please email a link to the sale, selling price and broker's contact information to landwatch@dtn.com.

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INDIANA, Wells County. A 79-acre farm sold at auction in six contiguous tracts for $1.9 million, or $24,050 per acre. The property includes about 52 acres of mostly tillable ground. There are two homes on the property; one is a 3,697-square-foot home, and a second on a separate tract is a 1,416-square-foot two-story home.

Link to the listing: https://www.schraderauction.com/…

For more information, contact Al Pfister, Schrader Real Estate and Auction Company, Inc.; 260-760-8922; https://www.schraderauction.com/….

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IOWA, Allamakee County. A 258-acre farm sold in six tracts in an online auction for $3.9 million, or an average of $16,750. A 100-acre tract includes hunting and recreational land, as well as a mix of timber and tillable ground, and is known for its whitetail deer population. A 47-acre parcel includes cropland and timber production with a scenic overlook of the Mississippi River. The remaining four tracts covering 111 acres include a mix of timber, tillable ground, grassland and recreational land. Tract five, which sold for $27,400 per acre, includes an existing well and electricity that is suitable for a residence.

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Link to the listing: https://highpointlandcompany.bidwrangler.com/…

For more information, contact Brian Jorgenson, High Point Land Company; 319-315-6693; brianjorgenson@highpointlandcompany.com.

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OKLAHOMA, Beaver County. A 400-acre dryland farm with the potential for developing into an irrigated farm sold for $550,000, or $1,375 per acre. The property has a well that was once operational but was discontinued because of problems with the well.

Link to the listing: https://cliftlandbrokers.com/…

For more information, contact Greg Good, Clift Land Brokers; 806-228-8140; Greg@CliftLandBrokers.com.

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SOUTH DAKOTA, Brookings County. A 40-acre farm sold at auction for $565,000, or $14,125 per acre. The property features 33 Farm Service Agency cropland acres, including a soil productivity index of 81.9 on 24 acres. The farm includes several paddocks for livestock as well as a three-bedroom house and a heated and insulated shop. The farm features a 25-acre corn base with a Price Loss Coverage yield of 116 bushels per acre, in addition to a five-acre wheat base.

Link to the listing: https://www.advantagelandco.com/…

For more information, contact Advantage Land Company, 605-692-2525; Info@AdvantageLandCo.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

Todd Neeley can be reached at todd.neeley@dtn.com

Follow him on social platform X @DTNeeley

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Todd Neeley

Todd Neeley
Connect with Todd: