Landwatch

October 2020 Recent Farmland Sales

Per-Acre Prices (Progressive Farmer image by Progressive Farmer)

GEORGIA, Miller County. Cropland totaling 199 acres sold for $1.05 million, or about $5,273 per acre. The majority of the property was irrigated, with Troup and Wagram soils. There was a small area of wetland and cutover woods. Sale was to a local farmer. Contact: Gene Cook, Gene Cook and Associates Inc.; gene.cookassoc@windstream.net; 229-400-5936.

ILLINOIS, Shelby County. A corn and soybean farm totaling 80 acres sold at auction for $840,000, or $10,500 per acre. The farm included 78.5 tillable acres and a lease in place for the 2020 season. Soils were Drummer-Flanagan, with a 144 PI. Contact: Eric Sarff, MWA Auctions and Real Estate; eric@mwallc.com; 217-840-0454.

KANSAS, Lane County. Cropland and grass totaling about 800 acres sold at auction in four tracts for $924,850. Tract prices ranged from $1,050 to $1,400 per acre, with an average per-acre price across the property of $1,156. The property included a perpetual pipeline easement. Seller retained some mineral rights. Contact: Neal Mann, Farm and Ranch Realty Inc.; info@frrmail.com; 800-247-7863; www.farmandranchrealty.com.

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Trego and Graham Counties. Large-acreage absolute auction, sold land totaling 5,422 acres to 12 buyers in 20 tracts for $7.23 million. Cropland averaged $1,650 per acre, and grassland $1,525 per acre. Per-acre average across the entire property was $1,333. Contact: Donald Hazlett, Farm and Ranch Realty Inc.; info@frrmail.com; 800-247-7863; www.farmandranchrealty.com.

KENTUCKY, Grayson County. Farm totaling about 283 acres sold in four tracts for $634,572, or $2,242 per acre. The property included cropland, hunting ground, timberland and a large home. A large barn on the property included a meatpacking house and attached cooling room with Thermo King refrigeration unit. Contact: Amy Whistle, amy@kurtzauction.com; or Rob McDearman, rob@kurtzauction.com; Kurtz Auction and Realty; 800-264-1204; www.kurtzauction.com.

NEBRASKA, Boyd County. Property totaling about 534 acres sold for a total price of $962,766, or $1,802 per acre. The land was a mix of hunting, recreation, pasture and hay ground. It brings income from summer cattle grazing, as well as native hay production. The land included small corn and soybean bases. Contact: Dave Hickey, Farmers National Co.; dhickey@farmersnational.com; 402-336-3500; www.farmersnational.com.

TEXAS, Knox County. Farmland, including 150 acres of land under drip irrigation and 60 acres of dryland, sold for $346,500, or $1,650 per acre. The property included six wells and came with 100% of its mineral rights. Contact: Travis Hawkins, Keller Williams Realty; thawkins@kw.com; 325-370-3710; www.kw.com.

Stonewall County. Caloosa Ranch, 14,500 acres known for its hunting operations, sold for $13.2 million, or about $910 per acre. The ranch included a five-bedroom lodge and other amenities for hunters. Caloosa Ranch manages habitat for a diverse game population, including whitetail deer, quail, turkey and waterfowl. Contact: Joey Bellington, Whitetail Properties Real Estate; joey.bellington@whitetailproperties.com; 830-428-0096; www.whitetailproperties.com.

> 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 about.dtnpf.com/landwatch.

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