$5,108 to $7,933 per acre in North Central Indiana

May 27, 2016 09:56 AM

A May 24 auction in Tipton Co., Ind., saw 104 acres bring $5,108 and $7,933 acres, respectively. The farm was located about 2.5 miles northwest of Tipton, was offered in three tracts and carried a corn PI of 147.7.

Tracts 1 & 2 sold together for $5,108 an acre. The tracts offered a combined 83 acres with 62 acres tillable. The remainder was wooded.

Tract 3 was 21 acres with 18 acres tillable and the balance in woods. It sold for $7,933 an acre.

Handling the auction was Sam Clark, Halderman Real Estate Services, Noblesville, Ind., 317-442-0251.