Landwatch

July 2020 Recent Farmland Sales

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

ARKANSAS, Cross County. Farmland totaling 180 acres sold for $655,000, or $3,639 per acre. This property contained 151 tillable acres. Contact: Cole Fields, BrokerSouth Ag; cole.fields@gmail.com; 318-512-5325; www.brokersouthag.com.

Jefferson County. Known locally as Sanders Farm, an operation totaling 1,020 acres sold for $5.15 million, or $5,049 per acre. The property included 954.4 cropland acres, all irrigated using eight wells and one diesel turbine relift that pumps more than 5,000 gallons per minute. With the exception of 98 acres, all the cropland had been leveled. Grain storage in the form of three 40,000-bushel bins are on-site. The farm had a strong rice base and is known for good waterfowl hunting. Contact: Gardner Lile, Lile Real Estate Inc.; gardner@lilerealestate.com; 501-374-3411; www.lilerealestate.com.

ILLINOIS, White County. Three contiguous tracts totaling 94 acres sold for $376,000, or $4,000 per acre. The land, south of Carmi, consisted of 69 acres of gently rolling cropland. It sold subject to a CRP contract. The balance of the property was in wooded land. Contact: Jason Blue, Kurtz Auction and Realty; jason@kurtzauction.com; 812-550-4114; www.kurtzauction.com.

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INDIANA, Spencer County. A 382-acre farm sold in one tract prior to a scheduled action for $1.1 million, or $2,881 per acre. The property consisted of 206 acres of mixed cropland, from creek bottom to hill-type land. The balance was in wooded land and included some marketable timber. Improvements included a farmhouse, outbuildings and a 1-acre lake. Area farmers were buyers. Contact: Jason Blue, Kurtz Auction and Realty; jason@kurtzauction.com; 812-550-4114; www.kurtzauction.com.

IOWA, Clayton County. Property totaling 34 acres with no tiling and a CSR2 of about 75 sold at public auction for $9,800 per acre, or a total of $333,200. Contact: Marvin Waterhouse, Waterhouse Realty and Auctioneers; marvin@manchesterauction; 563-927-3660; www.manchesterauction.com.

Wright County. Property totaling 115 acres, 113.5 tillable, sold at auction for $8,700 per acre, or a total price of $1 million. The land had a CSR2 of 85.1 and sold to an investor buyer. It leased back to the previous operator. Contact: John B. Kirkpatrick, MWA Auctions and Real Estate; john@mwallc.com; 515-532-2878; www.murraywiseassociates.com.

KANSAS, Logan County. Two tracts of farmland totaling 320 acres sold at auction for $335,750. Average price per acre ranged from $950 to $1,225, with an average across the whole property of $1,049. The farm included wheat and corn bases. Contact: Steve Hazlett, Farm and Ranch Realty Inc.; info@frrmail.com; 800-247-7863; www.farmandranchrealty.com.

Washington and Marshall counties. Three tracts of farmland totaling 656 acres sold at auction for $2.1 million. Average per-acre price across the farm was $3,201. The farm included cropland and pasture. It was cross-fenced, with a history of wheat, corn and soybean production. Contact: Jeff Dankenbring, jeff@midwestlandandhome, or Mark Uhlik, mark@midwestlandandhome; Midwest Land and Home, 785-325-2740; www.midwestlandandhome.com.

KENTUCKY, Daviess County. A 33-acre farm sold in three tracts for $331,100, or an average of $10,033 per acre. The property included a home, 2-acre lake and building site. The land was gently rolling. Contact: Joseph Mills, Kurtz Auction and Realty; jmills@kurtzauction.com; 270-926-8553; www.kurtzauction.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 dtnpf.com/landwatch.

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