Landwatch Weekly
Recent Farmland Sales in Illinois, Missouri, Nebraska, Oklahoma
Editor's Note: DTN's Landwatch Weekly column is a spin-off of Progressive Farmer's monthly column, highlighting the recent results of sales and auctions from across the country. Sales figures are provided by sources and may differ from what you see elsewhere due to rounding and averaging. If you would like to submit a sale for publication, please email a link to the sale, selling price and broker's contact information to landwatch@dtn.com.
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ILLINOIS, Tazewell County. A 213-acre farm sold for $1.92 million, or $12,800 per acre, in an online auction. The farm consists of two parcels across the street from each other with mainly Ipava, Osco and Sable soils. The farm carries a productivity index of 139 and has a history of high corn and soybean yields. The property also has a post-frame shed and a 21-foot grain bin on the property, as well as several grass waterways.
Link to the listing: https://www.hertz.ag/…
For more information, contact Eric Wilkinson, Hertz Real Estate Services, at 217-552-3777 or ericw@hertz.ag; or Brian Massey, Hertz Real Estate Services, at 217-519-1543 or BrianM@hertz.ag.
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MISSOURI, Lewis County. A 385-acre farm sold in seven contiguous parcels at auction for $2.02 million, or an average of $5,314 per acre. The tracts included one 10-acre lot described as a desirable building site, while the remainder consisted of tillable cropland, pasture and timber with strong hunting potential, as much of the ground borders Deer Ridge Conservation Area. The tract with the highest percentage of tillable ground sold for $7,700 per acre, while the primarily pasture lot sold for $3,450 per acre.
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Link to the listing: https://sullivanauctioneers.com/…
For more information, contact Louie Zinn, Sullivan Auctioneers, at 319-795-2314 or sold@sullivanauctioneers.com.
NEBRASKA, Cuming County. A gently rolling 230-acre farm sold for $2.83 million, or $12,300 per acre. The farm includes Nora, Alcester and Kennebec silt loam soils with an FSA corn yield of 163 bpa and soybean yield of 42 bpa. The farm was tiled in 2010 and can be accessed by an easement from the nearby homestead, or the buyer can install a culvert for access off the road. While the auction was simulcast, the majority of the bids came from the floor.
Link to the listing: https://www.farmersnational.com/…
For more information, contact Wendi Schutte, Farmers National Company, at 402-518-0115 or WSchutte@farmersnational.com.
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OKLAHOMA, Cleveland County. In a court-ordered auction, a 230-acre property sold for $1.4 million, or $6,087 per acre. Located at the confluence of Elm Creek and Little River northeast of Norman, the property's 3/4 mile of road frontage makes it an excellent location for future building sites, commercial agricultural production or recreational enjoyment. The largest, 120-acre tract also includes the original farmhouse, storage building, hay barn and working pens, as well as three ponds, tillable farmland and river views.
Link to the listing: https://www.schraderauction.com/…
For more information, contact Brent Wellings, Schrader Real Estate and Auction Company, at 405-335-5505 or auctions@schraderauction.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
Katie Dehlinger can be reached at katie.dehlinger@dtn.com
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