Farm Progress

Land auctions in Marshall County proof that top quality land brings top dollar.

Walt Davis 1, Editor

November 9, 2018

5 Min Read
VALUES HOLDING: Prices for good quality farmland are still strong, as evidenced by land sales in Marshall and Washington counties.

When the farmland being auctioned is top quality, the bidders come out and the prices go up.

That was the case in Marshall County on Nov. 3, when 156 acres of “top quality, really great, flat cropland” went up for auction.

The parcel sold for a whopping $6,025 per acre. The seller was the Kenneth Schwarz Family Trust.

In another Marshall County sale on Oct. 27, a 216.5-acre farm with one of the most productive soil types in the county, Wymore Silty Clay Loam, brought $5,542 per acre. The sellers of that land were Don and Marlene Prigel.

A third Marshall County sale also saw 156 acres of good cropland bring a strong sales price of $3,329 per acre.

The Wallace and Frances Nichols Trust was the seller on that property.

Midwest Land and Home of Washington handled all three sales.

Washington County
Midwest Land and Home also conducted two strong sales in Washington County.

In the first sale, about 363 acres of excellent Little Blue River bottom land was sold at auction Nov. 3. The land sold in two tracts, both considered prime cropland. One buyer bought both tracts for a sale price of $2.11 million, or $5,812.67 per acre.

The seller of the property was the Lavonne Dillon Trust and Heirs.

In another auction held Oct. 23, a 156.3-acre farm sold for $3,461.54 per acre. That sale included 136 acres of good cropland with the balance in waterways and wildlife habitat.

The seller was the Linda Rosenkranz Estate.

Thomas County
An outstanding farm of about 320 acres of cropland and grassland was sold at auction in Thomas County on Oct. 10, showing that prices continue to be firm for good land, even though they have declined from the peaks of a few years ago.

The Thomas County farm, with 245 acres of Keith silt loam soils and 80 acres of pasture was sold in two tracts. The cropland tract, 245 acres, brought $2,625 per acre, while the grassland tract was bid in at $1,400 per acre.

The seller was Gloria J. Pabst. Farm and Ranch Realty of Colby handled the sale.

Russell County
About 1,040 acres of cropland and grass in Russell County was sold at auction Oct. 30. The property offers good, productive cropland, pastureland and excellent hunting land along the Saline River.

The property sold in three tracts. Tract 1, about 160 acres of excellent cropland, brought $1,325 per acre. Tract 2, 545 acres with 180 acres of cropland and the balance in grassland and wooded land along the Saline River — providing excellent cover for pheasant, turkey, quail and deer — brought $1,600 per acre. The final tract, about 335 acres with 142 acres in crops and the remainder in grassland, brought $1,125 per acre.

The seller was Rod Steckel. Farm and Ranch Realty of Colby handled the sale.

Stafford County
About 320 acres of Stafford County land was sold at auction Oct. 19. The property, all dry cropland and grassland, was sold in three tracts.

Tract 1, about 160 acres of dry cropland, all to be planted to wheat, brought $1,590 per acre. Tract 2, about 80 acres of dry cropland, all to be planted to rye with buyer receiving one-third of the crop and paying one-third of expenses, brought $1,460 per acre.

The final tract, about 80 acres enrolled in the Conservation Reserve Program, brought $2,200 per acre.

The seller was Raymond Streeter. Carr Auction and Real Estate of Larned handled the sale.

Stevens County
Four land sales were completed by private auction in October in Stevens County.

About 150 acres of dryland farmland brought $1,025 per acre. The seller was Maurine Cutter-Campbell.

In the second sale, about 640 acres of irrigated Stevens County land was sold at private auction. That property brought $3,200 per acre.  The seller was F. Davis.

In the third sale, about 480 acres of farmland was sold at private auction. The land brought $850 per acre. Windy Ridge was the seller.

In the fourth sale, about 315 acres of irrigated farmland were sold by private auction. The land brought $2,150 per acre. The seller was Shechter.

Faulkner Real Estate and Auction of Ulysses handled all four sales.

Grant County
About 320 acres of Grant County dryland farmland was sold at private auction in a sale that closed on Oct. 12. The property brought $750 per acre. The seller was Monson. Faulkner handled the sale.

Sherman County
About 320 acres of Sherman County cropland was sold at public auction on Nov. 1. The property sold in two tracts.

Tract one, about 160 acres, all dryland cropland, sold for $1,975 per acre. Tract two, about 160 acres, also all dryland cropland, was bid in at $1,575 per acre.

The seller was Rod Steckel. Farm and Ranch Realty of Colby handled the sale.

Morton County
About 160 acres of dryland farmland was sold at private auction in Morton County in October. The land brought $800 per acre.

O’Bryan was the seller. Faulkner Real Estate and Auction of Ulysses handled the sale.

Seward County
Six Seward County parcels of farmland and grassland were sold for two sellers in Seward County in private auction sales conducted by Faulkner Real Estate.

Three parcels of land were sold for Hiebech. One parcel, 609 acres of grassland, brought $440 per acre. The second parcel, 156 acres of farmland, brought $555 per acre. The third parcel, 225 acres, brought $570 per acre.

Four more parcels of land were sold for Davis-May in an October private auction. The first parcel, about 472 acres of grassland, brought $550 per acre. The second parcel, 160 acres of irrigated cropland, brought $2,200 per acre. The third parcel, about 153 acres of grassland, was bid in at $600 per acre while the final parcel, about 160 acres of dryland farmland, sold for $800 per acre.

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