Landwatch

April 2025 Recent Farmland Sales

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

COLORADO, Yuma County. A mostly irrigated 209-acre farm sold in an online auction for $1.23 million, or $5,885 per acre. The farm includes two fields. The first is 157 acres, with 121 acres under center-pivot irrigation. Half of the field is planted to an alfalfa/grass mix that's 3 years old, while the other is a straight grass mix. The 36 acres of dryland corners are in millet stubble. Another 43 acres of grass are under wiper irrigation. Contact: Shannon Schlachter, National Land Realty; sschlachter@nationalland.com, 970-580-8111; https://www.nationalland.com/…

INDIANA, Whitley County. Five tracts of cropland encompassing 190 acres sold at auction for $2.625 million, or an average of $13,816 per acre. Two of the tracts were billed as potential building sites. The first, a 10-acre lot, sold for an average of $15,500, the highest of the auction. The second, a 4-acre lot, sold jointly with the adjacent 76-acre tract for $13,750 per acre. A primarily tillable 60-acre parcel sold for $12,833 per acre, while a 40-acre parcel sold for $15,000 per acre. Contact: Drew Lamle, Schrader Real Estate and Auction Co. Inc; auctions@schraderauction.com, 800-451-2709; https://www.schraderauction.com/…

ILLINOIS, McLean County. A 101-acre farm sold in online auction for $1.4 million, or $13,861 per acre. Located 15 miles east of Bloomington, the property features two wind turbines and an improved, but older, pole building. The weighted productivity index is 127.9, and the farm's primary soils are Wyanet silt loam, Saybrook silt loam and Drummer and Elpaso silty clay loams. Contact: Ross Perkins, Murray Wise Associates LLC; ross.perkins@mwallc.com, 800-607-6888; https://www.murraywiseassociates.com/…

IOWA, Clay County. Two contiguous tracts totaling 152.5 acres sold at auction for $2.5 million, or an average of $16,393 per acre. In addition to a Corn Suitability Rating 2 (CSR2) of more than 95, the fields include extensive tile drainage. The land is located adjacent to the southern boundary of Royal, Iowa. Contact: Shane Brant, Midwest Land Management; shane@midwestlandmanagement.com, 712-262-3110; https://www.midwestlandmanagement.com/…

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KANSAS, Logan County. A farm with 1,095 acres divided into five tracts sold at auction for $2.36 million, or $2,155 per acre. Four of the tracts are in row-crop production, and one 180-acre parcel is enrolled in CRP. The buyer receives immediate possession of the open land and of land planted to wheat after harvest. Buyer will receive the landowner's one-third share of the wheat crop. The seller retains current oil production, but 50% of the mineral rights will revert to the buyer after production ceases. Contact: Donald Hazlett, Farm and Ranch Realty Inc.; frr@frrmail.com, 800-247-7863; https://www.farmandranchrealty.com/…

MINNESOTA, Blue Earth County. A 143-acre field sold in a sealed bid sale for $1.32 million, or $9,231 per acre. The farm has high-quality soils and a tile drainage outlet to a county ditch. Contact: Jared Augustine, Hertz Real Estate Services; JaredA@Hertz.Ag, 507-246-0903; https://www.hertz.ag/…

MISSOURI, Shelby County. Four tracts of farmland encompassing 312 acres sold at auction for $3.7 million, or an average of $11,859 per acre. Two of the fields were highly productive and tillable. The 100-acre, 96% tillable tract received 27 bids and sold for $17,025 per acre. A similar 80-acre tract sold for $11,350 per acre. The remaining tracts had fewer tillable acres and a larger share of trees and creekbeds. Contact: Scott Gander, Peoples Land Co.; anthony@peopleslandco.com, 660-676-1479; https://www.peopleslandco.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 previous Landwatch listings at https://www.dtnpf.com/…

-- Follow Katie on social platform X @KatieD_DTN

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