Landwatch

October 2023 Recent Farmland Sales

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

ARKANSAS, Craighead County. Quality 165-acre farm with easy access off a major highway and a nearby cotton gin sold for $1.48 million. Average price per acre was $8,970. The land was described as having Grade A soils, with the entire 145-acre crop tract irrigated. Contact: Joel King, joel@peoplescompany.com, 870-847-0945; or Matt Vangilder, matt.vangilder@peoplescompany.com, 501-213-5006, https://www.peoplescompany.com/…

INDIANA, Gibson County. A 61-acre tract of farmland, 95% tillable, sold at auction for $672,000, or $11,016 per acre. The land was described as Alford silt loam and 28 acres of previously mined and reclaimed cropland. There was 1,000 feet of road frontage. Contact: Jason Blue, Kurtz Auction and Realty Co.; jason@kurtzauction.com, 812-452-3191, https://www.kurtzauction.com/…

IOWA, Sac County. A timed online auction sold 155 acres in two parcels for about $2.76 million. Parcel per-acre prices ranged from $17,025 up to $18,500, for an average per-acre price of $17,806. Described as a top-quality farm in a tightly held area, the land averaged over 90 CSR2. It was already rented for the 2024 season at the time of sale. Contact: Jason Smith, DreamDirt Farm and Ranch Real Estate and Auction; jason@dreamdirt.com, 515-537-6633, https://www.dreamdirt.com/…

IOWA, Humboldt County. A farm west of Humboldt totaling 309 acres sold to an investor for about $3.79 million. Of the total area, about 296 acres were tillable, with an average CSR2 of 86. Average price per acre was $12,265. The land was leased back to previous operators. Contact: John Kirkpatrick, Murray Wise Associates LLC; john@mwallc.com, 515-532-2878, https://www.murraywiseassociates.com/…

KANSAS, Wichita County. CRP ground totaling 330 acres sold in two tracts at absolute auction for $536,250. Tract averages ranged from $1,350 to $1,900 per acre. Average price per acre was $1,625. Seller retained 100% of the 2023 CRP payments, with buyer receiving 100% of the 2024 CRP payment. Contact: Travis Weaver, Farm and Ranch Realty Inc.; frr@frrmail.com, 800-247-7863, https://www.farmandranchrealty.com/…

MICHIGAN, Branch County. An online absolute auction of Terra Nova Farms totaling about 273 acres brought the seller $2.188 million. The property was auctioned in three tracts, which were noncontiguous. It consisted of mostly farmland and some woody field corners and edges. The property held bases in corn and soybeans. Average per-acre price was $8,015. Contact: Colten Yager, Halderman Real Estate and Farm Management; colteny@halderman.com, 620-214-1915, https://www.halderman.com/…

OHIO, Clark and Greene Counties. A 252-acre property made up of woods and cropland sold in an online auction for $1.953 million. The property sold in four tracts. Average per-acre price was $7,750. The property was described as gently rolling with bases in corn and soybeans. Contact: Emily Elfers, emilye@halderman.com; or Robert McNamara, robertm@halderman.com, 260-563-8888, https://www.halderman.com/…

VIRGINIA, Albemarle County. The private sale of a small farm totaling 91 acres and made up of wooded acreage and pasture brought $1.44 million. The farm included a home, workshop and equipment shed. Average per-acre price was $15,824. Contact: Gayle Harvey, Gayle Harvey Real Estate Inc.; gayle@gayleharveyrealestate.com, 434-220-0256, https://www.centralvafarms.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 https://about.dtnpf.com/…

-- Follow Vicki on X (formerly Twitter) @myersPF

[PF_1023]

Past Issues

and