Landwatch

April 2024 Recent Farmland Sales

Katie Micik Dehlinger
By  Katie Micik Dehlinger , Farm Business Editor
Per Acre Prices (Progressive Farmer)

COLORADO, Baca County. A dryland farm with 1,438 acres sold for an average of $814 per acre, or $1.17 million, in a simulcast auction. The property is divided into four tracts and consists of mostly silt loam soil types with a history of corn, milo and wheat production. It is less than 2 miles from a local grain market. Contact: Dustin Unruh, Farmers National Co.; DUnruh@FarmersNational.com; 620-482-0898; https://www.farmersnational.com/…

INDIANA, Tippecanoe County. A 186-acre farm that was offered in four tracts sold for $3,080,500, with an average price of $16,562 per acre. Three tracts are tillable farm ground with productive soils. The fourth tract encompasses 30 acres, half wooded, and was promoted as a potential homesite. Contact: Dean Retherford or Todd Freeman, Schrader Real Estate and Auction Co.; auctions@schraderauction.com; 800-451-2709; https://www.schraderauction.com/…

IOWA, Webster County. Eight tracts of land totaling 633 acres sold in a simulcast auction for $7,718,400, or $12,193 per acre. Land includes extensive drainage improvements and tile intakes. It also includes carbon pipeline easements. Contact: Adam Pick, Farmers National Co; APick@FarmersNational.com; 515-337-8314; https://www.farmersnational.com/…

MINNESOTA, Dodge County. A 550-acre farm sold for $7,154,765, or $13,009 per acre. The land is divided into five tracts of Class A cropland with pattern tile. The farms have Crop Productivity Index averages ranging from 85 to 94. The sale also included two parcels sold as future homesites, which were not included in the total sale or per-acre prices. Contact: Maring Auction Co.; 800-801-4502; info@maringauction.com; https://www.hmauction.com/…

NEBRASKA, Hamilton County. Three irrigated tracts totaling 463 acres sold for $4.516 million in an online auction. The land averaged $9,754 per acre, although the first tract, with its proximity to a nearby ethanol plant and a trailer of pipe, sold for $11,550 per acre. Tenants are in place for the 2024 season. Contact: Jerry Hoegh, Big Iron Realty; 402-694-9224; 800-887-8625; contact@bigironrealty.com; https://www.bigiron.com/…

NORTH DAKOTA, Barnes County. A 707-acre property divided into four tracts sold for $4,055,112, or $5,736 per acre. The farm includes about 640 tillable acres with a Crop Productivity Index average of 70.5. It is leased for the 2024 growing season, and the buyer will be credited the cash rent at closing. Contact: Lindsey Brown, Peoples Co.; lindsey@peoplescompany.com; 515-222-1347; https://www.peoplescompany.com/…

OHIO, Preble County. A 160-acre farm, which includes 127 tillable acres, sold for $1.8 million, or $11,250 per acre. Of the nontillable land, 10.5 acres are classified as pasture, 11 wooded, 6 part of the homesite and 1 containing a cemetery. The property also includes an older two-story farmhouse, metal side pole barn, small grain bin and garage. Contact: H. John Kramer, Halderman Real Estate & Farm Management; 937-533-1101; johnk@halderman.com; https://www.halderman.com/…

SOUTH DAKOTA, Beadle County. Six hundred forty acres of contiguous pasture sold in a live auction for $1.984 million, or $3,095 per acre. The property includes two wells and three tanks, a holding pen and two dugouts. Contact: Jackson Hegerfeld, Advantage Land Co.; Jackson@advantagelandco.com; 605-690-1353; https://www.advantagelandco.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

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