Search Site   
News Stories at a Glance
Diverse Corn Belt Project looks at agricultural diversification
Deere settles right-to-repair lawsuit for $99 million; judge still has to approve the deal
YEDA: From a kitchen table to a national movement
Insurer: Illinois farm collision claims reached 180 last year
Indiana to invest $1 billion to add jobs in ag, life sciences
Illinois farmer turned flood prone fields to his advantage with rice
1,702 students participate in Wilmington College judging contest
Despite heavy rain and snow in April drought conditions expanding
Indiana company uses AI to supply farmers with their own corn genetics
Crash Course Village, Montgomery County FB offer ag rescue training
Panel examines effects of Iran war at the farm gate
   
Archive
Search Archive  
   
Auction Results - Nov. 10, 2010

Illinois farmland sells for more than $7,000 an acre

CATLIN, Ill. — On Oct. 19, 84 acres, owned by Hilda M. Church, in two tracts sold for a total of $603,587 dollars.
The first tract consisting of 48.5 acres of prime tillable ground in Catlin, Ill., sold for $7,175 an acre.

The second tract consisting of 35.5 acres of prime tillable ground also in Catlin sold for $7,200 an acre.

According to Auctioneer Tim Busby, of Butler, Busby and Hicks Land and Auction, LLC, “these were record-breaking prices for farm ground selling at auction in our area. There were no building improvements on these properties.”

Busby also said that the buyers of each tract were local farmers.

Kentucky hunting property sold for $2.49 million

OWENSBORO, Ky. — The Highground Hunting Club property was sold at auction by Kurtz Auction & Realty Company on Thursday, Oct. 29 for $2,490,000 or $2,798 per acre.

About 100 hunting enthusiast gathered just before dusk at the Rock Springs Lodge to enjoy the view of the Sloughs Wildlife Management Area and the skyline of Evansville 25 miles away and to compete for this prime hunting land.

When the bidding ended, the High-ground unit with two lodges, blinds, controlled flooding and wooded hill land sold for $1,800,000 or $3,622 per acre.  The Jenny Hole area sold in two tracts for $690,000 or $1,756 per acre.  It was a mix of wooded and open CRP (Conserve Reserve Program) land with three sloughs.
Jason Blue and John Kurtz, project managers for this auction, advertised this property as “some of the premier hunting ground in mid-America.”

The accommodations, trails and food plots were enhanced by the unusual juxtaposition of waterfowl producing sloughs next to steep rocky hills, home to an abundance of large deer and turkey. Other details, about this and other real estate auctions both past results and upcoming sales are available at kurtzauction.com

11/10/2010