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Guthrie County Iowa Farmland Auction Results

Guthrie County Iowa Farmland Auction Results

On Monday September 25th we conduct a farmland auction in Guthrie County at Casey Iowa.  This high selling farm real estate broke most peoples expectations at auction.

Watch the video of this Guthrie County Farmland auction

Auctioneers Jason Smith, CAI and Tom Bradley.  Support Staff Nicole Smith, Online Auctioneer, Ringman Chad Bals, Ringman Jason Dvorak, Ringman Carl Ford.

This auction followed a farmland auction that brought $14,100 per acre on level tillable farmland 11 miles away near Panora.  In total 4 tracts of land were offered for sale, all breaking $100 per CSR2 point on tillable acres reaching $102, $144 and $164 per CSR2 point.  This points to a continued strong interest in farmland and says something about certain parts of the state that have experienced very few farmland auctions lately.  The video above from the Casey auction clearly shows aggressive bidding from multiple bidders participating in the auction.  Guthrie County was unique in this time period, very few if any farms have been sold publicly over the past 24 months.  The situation likely exists in other counties around Iowa as well but good quality farmland has continued to bring strong interest statewide.

Mixed or combination farms with pasture, timber, CRP, water and non productive acres have continued to attract interest but not the strong interest 80%+ tillable land is attracting.  Mid range farms can still have a great day at auction and if you intend to sell one I think at this point it makes sense to move it to market sooner than later.

14100 Guthrie county iowaContact the Auctioneer Jason Smith, CAI

Are you considering selling a farm in Guthrie County?  We sell farms all across the Midwest and would be glad to help you learn how you can get top dollar for your farm.  We offer free Market Analysis and appraisal of assets for those considering selling farmland, real estate, farm equipment or other farm related assets.  Learn if an auction or listing is best for your situation, what it might sell for and the best marketing timeline for it.  You can call me at 712-592-8965 or fill out the form for a free market analysis.

 

 

 

 

 

Iowa Land Auction Results week of 9/8/17-9/14/17

  1. 417 acres sold in Jefferson County- offered in 6 tracts- purchased as 5 units:
    139 acres- $5,400/acre- 124 tillable acres- CSR2- 71
    120 acres- $6,200/acre- 109 tillable acres- CSR2- 74
    59 acres- $4,600/acre- 47 tillable acres- CSR2- 65
    20 acres- $3,350/acre- 15 tillable acres- CSR2- 63
    79 acres- $4,150/acre- 64 tillable acres- CSR2- 58

  2. 119 acres “no sale” in Story County- 117 tillable acres- CSR2- 84

  3. 106 acres sold in Marion County- $7,600/acre- 92 tillable acres- CSR2- 82 (Des Moines River Bottom)

  4. 135 acres sold in Sioux County- offered in two tracts:
    70 acres- $13,200/acre- all tillable- CSR2- 94
    65 acres- $13,150/acre- 60 tillable acres- CSR2- 94

  5. 173 acres sold in Winneshiek County- $7,168/acre- 148 tillable acres- CSR2- 72

  6. 172 acres sold in Pottawattamie County- offered in two tracts:
    129 acres- $5,200/acre- 121 tillable acres- CSR2- 70
    43 acres- $6,100/acre- 24 tillable acres- CSR2- 61

  7. 80 acres sold in Floyd County- $9,400/acre- 78 tillable acres- CSR2- 92

  8. 159 acres sold in Clay County- $4,100/acre- 69 tillable acres- CSR2- 78 (mostly pasture)

  9. 217 acres sold in Sac County- offered in two tracts:
    70 acres- $8,300/acre- all tillable- CSR2- 87
    147 acres- $6,250/acre- 132 tillable acres- CSR2- 87

  10. 237 acres sold in O’Brien County- offered in three tracts:
    80 acres- $11,100/acre- all tillable- CSR2- 97
    78 acres- $11,100/acre- all tillable- CSR2- 97
    79 acres- $12,000/acre- all tillable- CSR2- 97

  11. 160 acres sold in Butler County- $8,750/acre- 153 tillable acres- CSR2- 84
    31 acres sold in Jefferson County- $3,600/acre- 28 tillable acres- CSR2- 61

  12. 132 acres sold in Lee County- offered in two tracts:
    80 acres- $9,700/acre- 71 tillable acres- CSR2- 61
    52 acres- $7,700/acre- all tillable- CSR2- 60

  13. 149 acres sold in Webster/Calhoun County- offered in three tracts:
    88 acres- $8,700/acre- all tillable- CSR2- 84
    26 acres- $8,500/acre- all tillable- CSR2- 82
    35 acres- $6,300/acre- 33 tillable acres- CSR2- 77

  14. 115 acres sold in Madison County- offered in two tracts:
    35 acres- $4,100/acre- 20 tillable acres- CSR2- 79
    80 acres- $3,400/acre- 53 tillable acres- CSR2- 47

  15. 267 acres sold in Greene County- offered in four tracts:
    147 acres- $10,000/acre- 143 tillable acres- CSR2- 87
    40 acres- $10,750/acre- 39 tillable acres- CSR2- 87
    40 acres- $10,600/acre- 38 tillable acres- CSR2- 85
    40 acres- $12,100/acre- 38 tillable acres- CSR2- 88

  16. 207 acres sold in Cedar County- offered in two tracts- purchased as a unit- $7,400/acre- 151 tillable acres- CSR2- 73
    160 acres sold in Poweshiek County- $4,450/acre – 144 tillable acres- CSR2- 70 ~ Weekly 
    Data Courtesy of Jim Rothermich, Iowa Farmland Appraiser
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