High-quality soils and good access to grain markets were the selling points for about 240 acres of Ford County land went up for auction in a sale that closed on June 15.
The dryland crop ground has a high percentage of tillable acres and is located close to Dodge City. All mineral interest transferred to the buy. The property was offered in a single tract and was bid in at $2,000 per acre.
The seller was the Charles H. Kopke Trust. Farmers National Company handled the sale.
About 317 acres of Phillips County land, with around 172 in cropland and the remainder in pasture, was sold by private treaty in a deal that closed in June.
The cropland was Holdrege Class II soils with a 1% to 3% slope; the pasture is in good condition. The property brought $1,278 per acre. The seller was not disclosed. Farmers National Company handled the sale.
All it takes to drive up the price of land is potential for real estate development or recreation. That was the case with a 60-acre parcel in Miami County that offered 41 acres of cropland and 19 acres of timber located close to Hillsdale Lake with easy access to I-135.
The property has potential as an estate home, development for multiple homesites or as a horse property. It was sold by private treaty for $5,333 per acre. The seller was not disclosed. Farmers National Company handled the sale.
To really see the price of land skyrocket, just give it high development potential. A 131-acre parcel in Pottawatomie County checked all the boxes. The land is located only five miles east of Manhattan Town Center on Lake Elbo Road. It offers utilities nearby and USD 383 property is contiguous. The property sold for $18,855 per acre. The seller was not disclosed. Farmers National Company handled the sale.
About 720 acres of Graham County cropland and grassland with producing minerals was sold at auction on May 24. The property was sold in three tracts.
Tract 1 is about 240 acres, with around 20 acres of crops and 220 of expired Conservation Reserve Program grass with a working windmill and live springs. It sold for $700 per acre. Tract 2, about 170 acres in cropland and the remainder in grass and roads, brought $500 per acre. Tract 3, about 160 acres with 75 acres in crops and the remainder in grass, brought $900 per acre. Mineral rights were 50% intact on tracts 1 and 2 and 100% intact on tract 3.
The seller of tracts 1 and 2 was Betty Nickelson. Tract 3 was sold by First State Bank. Farm and Ranch Realty of Colby handled the sale.
About 160 acres of cropland in Wallace County was sold at auction on June 12. The property sold as a single tract for $525 per acre. The sellers were Georgia and Gary Pancake. Farm and Ranch Realty handled the sale.
About 80 acres of Rice County cropland, all planted to wheat, was sold at auction on June 18. The 2018 wheat crop was retained by the seller. The property brought $1,830 per acre. The seller was Brian Bortz. Carr Auction and Real Estate of Larned handled the sale.
About 100 acres of land enrolled in CRP was sold at auction on June 19 in Stafford County. There are producing minerals on the land and a 50% interest was reserved for 5 years and as long as production exists. The property also includes Water Rights File No. 13,260 with 150-acre feet at 610 gallons per minute.
The property brought $1,825 per acre. The seller was Mary Devlin. Carr Auction handled the sale.
About 230 acres of Ness County land was sold at auction on July 9. The property includes 148 acres enrolled in CRP through Sept. 30, 2020, and the balance in pasture. Mineral rights conveyed with the land.
The property brought $675 per acre. The seller was the Wayne Leikam Estate. Carr Auction handled the sale.