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Serving: KS

Good-quality irrigated land continues to hold value

TAGS: land sales
Irrigation equipment in field. P.J. Griekspoor
IRRIGATION SELLS: Real estate auctions may have to get creative with running auction sales during a pandemic, but good-quality irrigated land (especially with recreational potential) continue to see solid sales.
Bidding remains strong as many auctions continue to host phone and online components.

Good-quality farmland, especially irrigated land and land with recreational potential, continues to have strong value in Kansas auctions.

For example, an excellent irrigated tract with center pivot and sub-surface drip irrigation in Pawnee County sold for $3,304 per acre in an auction that closed Sept. 22.

The property, totaling about 290 acres, is located right off Highway 156 west of Rozel. Sawmill Creek runs through the middle, with grass and trees along the creek providing opportunity for pasture and recreation.

The seller was the John L. and Peggy A. Carr Living Trust. Farmers National Co. handled the sale.

Jewell County

About 240 acres of production crop ground with mostly Class I and II soils sold in two tracts in a private treaty sale that closed Sept. 14. The two tracts are about 95% tillable, with the balance in grass, waterways and trees.

The combined tracts sold for $605,000 or $2,521 per acre. The seller was not disclosed. Farmers National Co. handled the sale.

McPherson County

About 320 acres of productive dryland cropland sold in a McPherson County auction that closed Sept. 18. Improvements included a metal building, water well, electricity, a water tank, and barbed wire fencing around two and a half sides.

The property brought $1,450 per acre. The sellers were Jim and Cindy Cooprider. Farmers National Co. handled the sale.

Marion County

About 110 acres of Marion County farmland with good Class III clay loam soils and no fences sold at public auction in a deal that closed Sept 30.  The land is easily accessible by blacktop county road 120 east of Goessel.

It brought $1,623 per acre. The seller was the Louise M. Schmidt Revocable Trust. Farmers National Co. handled the sale.

Rawlins County

About 560 acres of cropland and grass sold at auction with live, online and telephone bidding available on Sept. 22. The property sold in three tracts.

Tract 1, about 160 acres with 146 in cropland and the balance in grass, brought $2,050 per acre. Tract 2, about 320 acres with 84 acres in cropland and 236 acres in grass, was bid in at $725, while tract 3, about 80 acres with 13 in cropland and 67 in grass brought $1,225 per acre.

The seller was the Eicher Trust. Farm and Ranch and Realty of Colby handled the sale.

Gray County

About 775 acres of Gray County irrigated cropland, grass and Conservation Reserve Program land sold at auction on Oct. 9.

The property was sold in five tracts.

Tract 1, about 135 acres with about 128 acres under irrigation, sold for $1,500 per acre. Tract 2, about 160 acres, and tract 3, about 160 acres, are both enrolled in CREP and water rights are no longer available. Tract 2 sold for about $900 and tract 3 was bid in at $850 per acre. Tract 4, about 150, has a protected water right under CRP contract. It sold for $625 per acre.

The final tract, about 160 acres, has 38 acres in dryland cropland and the balance in CRP. It sold for $575 per acre.

The seller was the Caldwell Trust. Farm and Ranch Realty of Colby handled the sale.

Haskell County

About 320 acres of Haskell County irrigated farmland was sold by private auction in September.

The property sold in one tract for $2,250 per acre. Daiden Farms, Inc. was the seller. Faulkner Real Estate and Auction of Ulysses handled the sale.

Stevens County

About 958 acres of excellent irrigated cropland in Stevens County was sold by private auction in September. The property brought $4,450 per acre. The sellers were Todd & Dena Miller. Faulkner handled the sale.

In another Stevens County sale, about 160 acres of farmland with water rights was bid in at private auction for $635 per acre. The sellers were Roger, Phillip and Richard Wills. Faulkner handled the sale.

Stanton County

About 80 acres of dry farmland in Stanton County were sold by private auction in September. The property brought $600 per acre. Jerry Gum was the seller. Faulkner handled the sale.

Faulkner handled three separate sales in Stanton County for Swede Acres LLC. In the first sale, about 640 acres of irrigated farmland sold for $1,725 per acre.

In the second sale, about 320 acres of irrigated land brought $2,475 per acre. In the third sale, about 320 acres of dryland cropland brought $1,075 per acre.

Hamilton County

About 160 acres of farmland enrolled in the Conservation Reserve Program were sold in Hamilton County. The land brought $810 per acre. The seller was the Ralph E. Coy Trust. Faulkner handled the private auction sale.

Sheridan County

About 172 acres of farmland in Sheridan County brought $1,875 at private auction. The sale included all mineral rights. The seller was the Jeff W. Foster Revocable Trust. Faulkner handled the sale.

In another Sheridan County sale, about 320 acres of cropland and grass was sold at auction with live, online and telephone bidding available. The land sold in two tracts.

Tract 1, about 160 acres with 80 acres in cropland and 80 acres in grass, brought $1,450 per acre. Tract 2, about 160 acres with 112 acres in cropland and the balance in grass, brought $1,300.

The seller was Ella Rose Zerr and the late Albinus Zerr. Farm and Ranch Realty of Colby handled the sale.

Morton County

About 160 acres of Morton County farmland and 100% of the mineral rights with it was sold by private auction in September.

The land brought $875 per acre. The sellers were Eric L. Roof and Michael Roof. Faulkner handled the sale.

Texas County, Okla.

About 320 acres of irrigated farmland sold at private auction in September.

The property brought $2,700 per acre. The Gloden Family Trust was the seller. Faulkner handled the sale.

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