Recent Farmland Sales
ARKANSAS, Ashley County. Excellent Class I and II Rilla and Hebert silt loam soils across a 152-acre farm sold for $750,000, or $4,934 per acre. Of the total area, 145 acres were cropland. All the land was leveled and irrigated with three wells. Contact: Cole Fields, BrokerSouth Ag; email@example.com; 318-512-5325; www.brokersouthag.com.
IOWA, Franklin County. After a brief listing period, 80 crop acres sold for $880,000, or $11,000 per acre. Almost all of the acreage was tillable with an average CSR2 rating of 95.33. Half of the farm was pattern-tiled 17 years ago. The property sold to a neighboring farmer. Contact: Brad Staley, Staley Real Estate; firstname.lastname@example.org; 641-425-9400; www.staleyonline.com.
KANSAS, Thomas County. Two tracts of irrigated farmland totaling 472 acres sold at auction for $1.76 million. Tract prices ranged from $3,600 to $4,000, with an average across the total property of $3,731. The sale included royalty income. Sellers retained 50% of mineral rights and oil production perpetually. Contact: Donald Hazlett, Farm and Ranch Realty Inc.; email@example.com; 800-247-7863; www.farmandranchrealty.com.
KENTUCKY, Henderson County. Rolling crop and pasture totaling 161 acres sold at absolute auction for $795,544, or about $4,941 per acre. The property came with several buildings, including two older silos, two grain bins and an office/shop. It sold in four tracts, with per-acre prices ranging from $4,400 to $5,050. Contact: Joseph Mills, Kurtz Auction and Realty; firstname.lastname@example.org; 800-264-1204; www.kurtzauction.com.
Meade County. A 142-acre farm consisting of 80 crop acres, 30 pasture acres, 32 wooded acres and a farm house and barn sold at auction in 17 tracts for a total price of $1.05 million, or about $7,401 per acre. Timber on the land sold separately for $36,300. Contact: Stephen Barr, Barr Realty and Auction Co.; email@example.com; 270-422-2136; www.barrrealtyauction.com.
LOUISIANA, Franklin Parish. A 100%-leveled farm totaling 1,061 acres sold for $5.04 million, or about $4,754 per acre. The irrigated property consisted of 1,009 cropland acres and 11 irrigation wells. Soils were Macon Ridge silt loam, and the farm had an excellent yield history on corn and soybeans. It leased back to a local farmer. Contact: Carroll Fields, BrokerSouth Ag; firstname.lastname@example.org; 318-348-0481; www.brokersouthag.com.
MINNESOTA, Clay and Norman Counties. Highly productive Red River Valley cropland based across two counties and totaling 5,100 acres sold at auction for $20.63 million, or $4,045 per acre. The land was used to grow corn, soybeans, wheat, barley, sugar beets and sunflowers. Soil productivity index across most of the acreage was near 90. Contact: Steve Dalen, email@example.com; Steve Link, firstname.lastname@example.org; or Kevin Pifer, email@example.com; Pifer's Land Auctions; firstname.lastname@example.org; 800-700-4099; www.pifers.com.
OKLAHOMA, Noble County. A cattle farm and hunting property totaling 160 acres sold at auction for $180,000, or an average price of $1,125 per acre. The farm consisted of grass pasture, hunting acres and a large pond. Contact: Brady Lippard, Lippard Auctioneers Inc.; email@example.com; 580-747-2304; www.lippardauctions.com.
TEXAS, Knox County. Property totaling 160 acres sold for a total price of $256,000, or $1,600 per acre. The property included 42 dryland acres and 118 acres under irrigation pivot. There were three wells on the property. Contact: Travis Hawkins, Hawkins Land and Farm/Keller Williams Land; firstname.lastname@example.org; 325-370-3710; www.landsofamerica.com.
These sales figures are provided by the sources and may not be exact because of rounding.
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