Landwatch

August 2022 Recent Farmland Sales

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

INDIANA, Benton and Warren Counties. Quality farmland totaling 720 acres sold to an investment group for $9.5 million. The property sold at an average price of $13,195 per acre. It was described as having a strong ROI leaseback. Contact: Johnny Klemme, Geswein Farm and Land Realty LLC; johnny@gfarmland.com; 765-426-6666; https://www.gfarmland.com/…

Warren County. A land auction of 359 acres brought the seller $3.85 million, an average of $10,724 per acre. Of the total, 309 acres were tillable, and 45 acres were wooded. The cropland was grid-tiled and used to grow corn and soybeans. Contact: Sam Clark, samc@halderman.com, or Jim Clark, jimc@halderman.com; Halderman Real Estate and Farm Management; 800-424-2324; https://www.halderman.com/…

IOWA, Greene County. Land totaling 162.13 acres sold at auction for $2.66 million. Average per-acre price across the property was $16,407. The land was described as having good drainage and access, and high CSR2 ratings. Contact: Jason Smith, DreamDirt Farm and Ranch Real Estate and Auction; jason@dreamdirt.com; 515-537-6633; https://www.dreamdirt.com/…

Taylor County. Klocke Farm, a 501-acre property with 456 tillable acres, tiled and terraced, sold for $3.25 million. Average price per acre was $6,487. At the time of sale, the farm was rented for 2022 and included more than 70,000 bushels of grain storage on site. Contact: Paul Maynes; Maynes Real Estate Inc.; paul.maynes79@gmail.com; 641-333-2205; https://www.maynesrealty.com/…

KANSAS, Gove and Lane Counties. Cropland and grass totaling 481 acres sold for $801,900 in two tracts. The average price was $1,667 per acre. The property was mostly cropland, with bases in wheat, grain sorghum and corn. Contact: Donald Hazlett, Farm and Ranch Realty Inc.; frr@frrmail.com; 800-247-7863; https://www.farmandranchrealty.com/…

Greeley and Wichita Counties. An 800-acre operation, 791.25 acres of it cropland, sold at auction for $1.92 million. The property sold in three tracts, with bases in wheat, grain sorghum and barley. Tract prices ranged from $1,900 to $2,750 per acre. Average price across the whole was $2,400 per acre. Contact: Donald Hazlett, Farm and Ranch Realty Inc.; frr@frrmail.com; 800-247-7863; https://www.farmandranchrealty.com/…

MISSISSIPPI, Carroll County. Stone Farms, a 390-acre farm near Greenwood, sold for $2.6 million. Average price per acre was $6,667. The property was nearly all tillable and furrow-irrigated. Contact: Jimmy Wilson, Brown Realty Co. of Rayville Inc.; bormond@brownrealty.com; 318-728-9544; https://www.brownrealtyco.com/…

NEBRASKA, Dodge County. A 61-acre sale of dryland ag land brought $762,500. The property sold to an area farmer and was described as slightly rolling. Average per-acre price was $12,500. Contact: Ed Olson, Olson Pearson Auctions and Realty; ed.olsonpearson@gmail.com; 402-654-3370; https://www.olsonpearson.com/…

NORTH DAKOTA, Cass County. The Larson Family Foundation sold 307.32 acres of farmland at auction for $2.12 million. The land held bases in corn and soybeans. It sold to one buyer for an average across the property of $6,898 per acre. Contact: Steve Dalen, Pifer's Land Auctions; sdalen@pifers.com; 701-893-8517; https://www.pifers.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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