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Notable Sales, March 8



Sioux County, Iowa: Located seven miles southwest of Sheldon, Iowa, 80 acres were sold at public auction on February 23. The tract was 97% tillable and consisted of 77.24 tillable acres with a CSR2 rating of 98.8. It sold for $20,300 per acre for a total price of $1,624,000 or $213 per point.

 

Sioux County, Iowa: Selling via the buyer’s choice auction method, 117.41 acres in two separate tracts, were sold on February 27. Tract 1 consisted of 40 acres with 39.50 tillable acres and a CSR2 rating of 99.7. Tract 2 consisted of 77.41 acres with 76.44 tillable acres and a CSR2 rating of 99.1. Both tracts sold for $29,600 per acre for a total price of $3,475,336. That came out to $297 per point for Tract 1, and $299 per point for Tract 2. These tracts were located near Orange City, Iowa.

 

Sioux County, Iowa: On March 7, five tracts located near Sioux Center, Iowa, were sold at public auction. Tract 1 consisted of 74.47 acres with 71.30 tillable acres and a CSR2 rating of 94.5. It was sold on an individual basis and brought $27,750 per acre for a total price of $2,064,877.50. Tracts 2-4 were sold via the buyer’s choice auction method. All three tracts sold for $18,700 per acre for a combined total price of $3,689,323. Tract 5 was sold on an individual basis for $15,200 per acre for a total sales price of $1,213,872.

 

Woodford County, Illinois: A tract of land located five miles northeast of El Paso, Illinois, sold on March 5. The farm consisted of 77.6 acres that were considered 100% tillable. With a productivity index of 143.5, the tract sold for $20,000 per acre for a total price of $1,522,000. 

 

Christian County, Illinois: 78 acres were sold at public auction on March 7. Located 5.75 miles north of Taylorville, Illinois, the tract is considered 100% tillable with a productivity index of 142.3. It sold for $20,000 per acre for a total price of $1,560,000 or $141 per point.

 

Dodge County, Minnesota: Five tracts located northwest of Dodge Center, Minnesota, sold at public auction on February 23. Of the five tracts, Tracts 1, 2, & 3 stood out the most. Tract 1 consisted of 153.93 acres with 148.42 tillable acres and sold for $16,100 per acre. Tract 2 consisted of 40.25 acres with 39.64 tillable acres and sold for $15,650 per acre. Tract 3 consisted of 160 acres with 148.42 tillable acres and sold for $14,400.

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