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Serving: KS
Corn field P.J. Griekspoor
TOP DOLLAR: A high-quality irrigated quarter section auction in Sheridan County confirms that bidding is strong with desirable land comes up for sale.

High-quality irrigated land brings $4,500 per acre

The auction of an irrigated quarter in Sheridan County shows the demand for quality land is still high.

When high-quality irrigated land comes up for auction, the bidders — whether online, on the telephone or in person — come out and the price goes up. That was the case when an irrigated quarter went on the block in Sheridan County on July 24.

The land sold in a single tract. The quarter has one irrigation well permitted under Water Right File #11697 for 204 acre-feet at 750 gallons per minute.

An eight-tower Valley Model 6000 electric sprinkler and a John Deere diesel motor with fuel tank were included in the sale. Mineral rights, believed to be 100% intact, transferred to the buyer.

The quarter sold for $4,500 per acre. The sellers were Richard and Janice O’Brien. Farm and Ranch Realty at Colby handled the sale.

Grant County

About 980 acres of pastureland in Grant County was sold by private auction in July. The land brought $600 per acre.

The seller was Yoder. Faulkner handled the sale.

Rush County

About 320 acres of Rush County land was sold at auction on Aug. 4. The property was sold in three tracts.

Tract 1, surface rights to about 160 acres of dry cropland, brought $1,771.32 per acre, while Tract 2, surface rights to about 80 acres of dry cropland, brought $1,650 per acre.

The final tract, surface rights to about 80 acres of dry cropland, all planted to milo, sold for $1,670 per acre.

The sellers were the Franklin and Fredric Trusts. Carr Auction and Real Estate of Larned handled the sale.

In another Rush County sale, about 315 acres of high-quality dryland cropland sold at auction in August. The land brought $968.25 per acre. The seller was the UMB Bank as trustee of the Victoria Werth Trust. Farmers National Co. handled the sale.

Lane County

About 800 acres of cropland and grassland was sold in four tracts at an auction on July 21.

Tract 1, about 160 acres of cropland planted in corn, sold for $1,400 per acre, while tract 2, another cropland quarter planted to milo, brought $1,250 per acre. Tract 3, another cropland quarter planted to milo, brought $1,050. The final tract, 317 acres with 147 acres planted to milo and about 173 acres in pasture, sold for $1,050 per acre.

The seller retained a half-interest in the mineral rights on tract 1. The rights on tracts 2, 3 and 4 transferred to buyer at closing, with the seller retaining 100% of the current production for an existing well on the quarter section.

The seller of that land was the Bahm family. Farm and Ranch Realty handled the sale.

Sumner County

About 300 acres of Sumner County land with 155 acres in cropland, 70 in timber and creek and 76 acres in grass, some enrolled in the Conservation Reserve Program and some in hay meadow, sold by unreserved online auction Aug. 27.

The soils are prime farmland per USDA-NRCS. Sold with all minerals going to the buyer, but no production in the area. The buyer received one-third owner share of 155 acres of 2020 crop soybeans.

All bidding was done online. There were nine online bidders from seven states: Georgia, Indiana, Kansas, Missouri, Nebraska, Oklahoma and Wisconsin.

The property sold for $1,600 acre.  The sellers were the Hummel Family LLC.  BigIron Realty handled the sale.

Trego and Graham counties

A massive auction of 5,422 acres located mostly in Trego County with one tract in Graham County was sold at absolute public auction on Aug. 12.

The property sold in 21 tracts and included cropland, grassland, homestead and tracts with homes, a barn and other improvements. The first 20 tracts are all in Trego County. Tract 21 is located in Graham County.

Tract 1, about 410 acres of grassland, sold for $1,525 per acre. Tract 2, about 224 acres of dry cropland, brought $1,125 acres, while tract 3, about 149 acres of dry cropland, was bid in at $1,050.

Tract 4, about 315 acres with 143 acres in cropland and the balance in grass, brought $950 per acre. Tract 5, 473 acres with 395 in dry cropland and the balance in grass, sold for $1,250. Tract 6, 75 acres of cropland, brought $1,525 per acre. Tract 7, about 205 acres in grassland, sold for $1,375 per acre.

Tract 8, about 165 acres with 154 acres in crops and the balance in grass, was bid in at $1,250 per acre, while tract 9, about 273 acres in grass, sold for $1,300 per acre. Tract 10, about 80 acres in cropland, sold for $1,250 per acre.

Tract 11, about 248 of cropland, brought $1,650 per acre, while tract 12, about 300 acres with 116 acres in crops and the balance in grass, sold for $1,175 per acre. Tract 13, about 224 acres with 102 acres in cropland and the balance in grass, sold for $1,600 per acre. Tract 14, about 293 acres with 161 acres in crops and the rest in grass, sold for $1,300 per acre.

Tract 15, about 540 acres with 361 in crops and the balance in grass, was bid in at $1,350 per acre. Tract 16, about 312 acres with 298 in crops and the balance in grass, brought $1,550 per acre. Tract 17, about 297 acres with 241 acres in crops and the balance in grass, sold for $1,450. Tract 18, about 160 acres with 145 in crops and the balance in grass, brought $1,325 per acre.

Tract 19, about 51 acres with a home and other improvements, sold for $220,000. Tract 20, about 150 acres with 130 in crops and the balance in grass, brought $1,325 per acre.

The final 470 acres, located in Graham County was 336 acres of crops and the balance in grass, sold for $1,000 per acre.

The seller was listed as “the bank.” Farm and Ranch Realty handled the sale.

Gove County

About 2,080 acres of irrigated and dryland cropland and grass were sold in three tracts on Sept. 1.

Tract 1, about 320 acres with 73 in dryland crops and the balance in grass, sold for $1,150 per acre. Tract 2, 1,600 acres with 382 in dryland crops, 230 under irrigation and the balance in grass, is under contract but details were not disclosed. Tract 3, about 160 acres of grassland, sold for $1,000 per acre.

The sellers were Flying O Ranch and Jamison A/B Trust. Farm and Ranch Realty handled the sale.

Harvey County

About 160 acres of good cropland in Harvey County sold by private treaty in August.

The land sold in one tract for $3,300 per acre. The seller was not disclosed. Farmers National Co. handled the sale.

Ford County

About 154 acres of excellent dryland cropland was sold by private treaty on Aug. 31 in Ford County.

The property sold for $1,948 per acre. The seller was not disclosed. Farmers National Co. handled the sale.

Thomas County

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

The land brought $1,475 per acre. The seller was the Browne Trust. Faulkner Auction and Real Estate of Ulysses handled the sale.

Sherman County

About 160 acres of pastureland in Sherman County was sold by private auction in September. It brought $2,075 per acre. The seller was the Browne Trust. Faulkner Auction and Real Estate of Ulysses handled the sale.

Morton County

About 150 acres of grassland enrolled in CRP was sold by private auction in August.

The land brought $1,025 per acre. The seller was Stout. Faulkner Auction and Real Estate of Ulysses handled the sale.

Beaver County, Okla.

About 160 acres of farmland in expired CRP was sold by private auction in August. It brought $875 per acre. The seller was Regier. Faulkner Auction and Real Estate of Ulysses handled the sale.

TAGS: land sales
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