Farm Progress

Top farmland sells for about $3,000, even $4,000 in multiple sales.

P.J. Griekspoor, Editor

February 15, 2019

5 Min Read
irrigation equipment in field
QUALITY, AMENITIES COUNT: The best prices for farmland sold in recent months went to tracts that had good quality land with irrigation and to others near urban areas with development, recreational potential.

An excellent irrigated quarter-section of land in Sherman County was sold at absolute public auction on Jan. 8. The property, which sold in a single tract along with a pivot and 400 GPM well, stands as an example of how strong land values are holding for good-quality land.

The property lies within the Groundwater Management District 4 Local Enhanced Management Area and is located in a 14.5-inch township in an area with great production history.

The tract sold for $3,800 per acre. The sellers were Sharon and Fred Hall. Farm and Ranch Realty of Colby handled the sale.

Reno County
A small, unique parcel of land in Reno County, totaling about 35 acres, sold for $4,238 per acre in a competitive auction. The property has 22 acres in dryland, Class II soils, and about 12 acres in grass and recreational land with the balance in roads and waste. It is nicely wooded surrounding several meadows that are preferred by deer and other wildlife.

The property is four miles northeast of Hutchinson and two miles southwest of Buhler.

The seller was the Darold Devana Estate. Farmers National Co. handled the sale.

Clay County
An excellent 80-acre tract of high-quality cropland with well-maintained terraces and brome waterways was sold in Clay County in December. It brought $3,075 per acre. The seller was the Zelda M. Ludwig Trust No. 1. Farmers National Co. handled the sale.

Marion County
A quarter-section of good-quality cropland in Marion County was sold by written bids in December. The clean, level quarter-section with 155 tillable acres on blacktop road has consistent soil type across the farm with no tree rows. It brought $3,014.78 per acre. The sellers were the Robert A. Ebel Trust and the Beverly V. Ebel Trust. Farmers National Co. handled the sale.

Finney County
A 480-acre property sold in two tracts in Finney County in a bid sale that ended Nov. 7 and closed in December. The farm features good dryland cropland in a diversified agricultural area, located close to grain markets and local feedyards.

The tracts sold together at a price of $1,413 per acre. The seller was UMB Bank n/a, trustee of the Gano Haine Residue Trust. Farmers National Co. handled the sale.

Hamilton County
A 600-acre Hamilton County farm located close to Syracuse. The productive dryland farm sold in a single tract for $511,000, or $851.66 per acre. The seller was the Robert A. Ebel Trust and the Beverly V. Ebel Trust. Farmers National Co. handled the sale.

Meade County
About 800 acres of Meade County dryland farmland was sold by written bids in December. The excellent cropland is located near Plains. It sold for $1,104 per acre. The sellers were Emily Haine Wiesemann and Bertram Haine. Farmers National Co. handled the sale.

Greeley County
About 960 acres of good dryland farm ground in western Greeley County were sold by written or telephone bids. The property brought $1,333 per acre. The sellers were Gano Haine, Emily Haine Wiesemann and Bertram Haine. Farmers National Co. handled the sale.

Washington County
About 140 acres of highly productive upland crop ground in Washington County with mostly Class II soils and level-to-gently-sloping typography sold for $3,786 per acre. The farm is located one-half mile east and one mile south of Cuba. The seller was Lynet Baumchen. Farmers National Co. handled the sale.

Decatur County
About 320 acres of cropland and grass sold in two tracts in Decatur County on Jan. 22. Tract 1, about 160 acres of cropland, sold for $2,050 per acre. Tract 2, about 160 acres of grassland, sold for $850 per acre. The sellers were Russ and Toni Unrein. Farm and Ranch Realty handled the sale.

Morton and Cheyenne counties
About 160 acres of dryland cropland, located partly in Morton County, Cheyenne County and Kit Carson County, Colo., sold at private auction in November.

Tract 1, about 160 dryland acres in Morton County, brought $650 per acre. Tract 2, 53 acres of dryland cropland in Kit Carson County, Colo., brought $1,625 per acre. Tract 3, about 163 acres of dryland cropland in Cheyenne County, sold for $780 per acre, while tract 4, about 160 acres of CRP in Cheyenne County, brought $636 per acre. The seller was Fisher. Faulkner Real Estate handled the sale.

In another sale in January, two quarter-sections of land in Morton County and a half-section in Baca County, Okla. was sold at private auction.

Tract 1, 160 acres of cropland with full minerals sold for $925 per acre. Tract 2, about 160 acres of dryland cropland brought $600 per acre.

The final tract, 320 acres across the border in Baca County, Okla., brought $550 per acre. The seller was the Gardner Trust. Faulkner also handled those sales.

Stevens County
There were three separate sales of Stevens County land in December and January that were handled by Faulkner Auction and Real Estate of Ulysses.

About 160 acres of dryland farmland was sold by private auction in Stevens County in December. The land brought $1,225 per acre. The sellers were the Joslin heirs.

In a second sale in January, about 160 acres of dryland farmground brought $575 per acre. The seller was Slemp.

In the third sale, about 320 acres of dryland farmland was sold for $550 per acre. The seller was Hanson.

Haskell County
About 480 acres of Haskell County irrigated cropland sold in two tracts, with the producing mineral rights to each of those tracts sold in two more tracts.

Tract 1, about 320 acres of irrigated land, brought $2,895 per acre. Tract 2, about 160 acres of irrigated cropland, brought $4,150 per acre.

Tract 3, the producing minerals to Tract 1, brought $7,750. Tract 4, the mineral rights to Tract 2, brought $17,500. The seller was the Gardner Trust. Faulkner handled the sale.

Kearny County
About 320 acres of farmland enrolled in the Conservation Reserve Program was sold by private auction in Kearny County in January. The land brought $725 per acre. The sellers were Gingerich & Powell. Faulkner handled the sale.

Grant County
About 300 acres of land and water rights in Grant County was sold at private auction in January. The property brought $1,225 per acre. The seller was the Monson heirs. Faulkner handled the sale.

Texas County, Okla.
About 160 acres of dryland farmland was sold at private auction in November. The property brought $525 per acre. The seller was Martens. Faulkner Real Estate handled the sale.

About the Author(s)

P.J. Griekspoor

Editor, Kansas Farmer

Phyllis Jacobs "P.J." Griekspoor, editor of Kansas Farmer, joined Farm Progress in 2008 after 18 years with the Wichita Eagle as a metro editor, page designer, copy desk chief and reporter, covering agriculture and agribusiness, oil and gas, biofuels and the bioeconomy, transportation, small business, military affairs, weather, and general aviation.

She came to Wichita in 1990 from Fayetteville, N.C., where she was copy desk chief of the Fayetteville Observer for three years. She also worked at the Pioneer Press in St. Paul, Minn. (1980-87), the Mankato Free Press in Mankato, Minn. (1972-80) and the Kirksville Daily Express in Kirksville, Mo. (1966-70).

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