Landwatch

March 2021 Recent Farmland Sales

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

COLORADO, Yuma County. Native grass and CRP ground totaling 1,141 acres sold for $1.02 million, or $900 per acre. The property included excellent deer and pheasant populations. Mineral rights were included with the sale, and all 2021 CRP payments went to buyer. Contact: Virgil George, Rocking X Land Co.; vg@rxl.land; 719-346-5420; www.rockingxland.com.

ILLINOIS, Champaign County. Farmland offered in an online-only auction sold for $973,481, or $13,711 per acre. The property totaled 71 acres, 69 tillable. Bidders ranged from local farmers to out-of-state investors. The farm was unimproved, with primary soil types being Drummer silty clay loam and Flanagan silt loam. Weighted average PI is 142.3. The farm was pattern-tiled with excellent drainage. Contact: Eric Sarff, Murray Wise Associates; eric@mwallc.com; 217-398-6400; www.murraywiseassociates.com.

INDIANA, Fayette County. A diverse property totaling about 241 acres sold at auction for $1.88 million. The property was offered in nine tracts and sold to seven buyers. Average prices per acre on tillable tracts ranged from $6,900 to $10,052. Contact: Pat Karst, Halderman Real Estate and Farm Management; patk@halderman.com; 260-563-8888; www.halderman.com.

IOWA, Wright County. A 284-acre property with 274 tillable acres and a CSR2 rating of 80 sold for $2.77 million. Average price per acre net to seller was $9,750. The farm was leased back to the seller by investor buyer. Contact: John Kirkpatrick, Murray Wise Associates; john@mwallc.com; 515-851-1424; www.murraywiseassociates.com.

KENTUCKY, Henderson County. A 115-acre hunting tract sold for $280,000, or $2,435 per acre. The tract was near the Ohio River, nearly all wooded and with a large slough. Good waterfowl habitat and deer hunting were its best qualities. Blacktop frontage but no improvements. Contact: Joseph Mills, Kurtz Auction and Realty; joseph@kurtzauction.com; 800-264-1204; www.kurtzauction.com.

MISSOURI, Saline County. A farm totaling 211 acres sold at auction for $1.38 million, or $6,550 per acre. The property included 179 tillable acres and bases in corn and soybeans. The buyer was a local producer. Contact: Monte Fenner, Dyer and Fenner Auctioneers; hkcmfenner@gmail.com; 660-886-7049; www.dyerandfenner.net.

NORTH DAKOTA, Mountrail County. A farm totaling 757 acres sold in four parcels at auction for $1.31 million. Parcel prices ranged from $1,170 to $2,600 per acre. Average per-acre price across the property was $1,729. The land was described as some of the most productive in the county, with 634 of the acres showing a Soil Productivity Index (SPI) in the 70s to 90s. Contact: Kevin Pifer, Pifer's Land Auctions; kpifer@pifers.com; 701-238-5810; www.pifers.com.

SOUTH DAKOTA, Pennington County. Cheyenne River Ranch sold for $19 million. A working ranch and recreational property, it totaled about 21,756 acres and included 13 miles of Rapid Creek and 5 miles of the Cheyenne River. Average per-acre price was $873. Thirty miles of pipeline, stock tanks and water wells were part of the operation. Five sets of working facilities were also included. Contact: Robb Nelson, Hall and Hall; rnelson@hallandhall.com; 303-861-8282; www.hallhall.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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