$6,382 per acre in North Central Indiana

July 18, 2016 10:00 AM

A July 14 auction in Miami County, Ind., saw 271 acres sell for $6,382 an acre. The farm was located five miles east of Peru and was offered as four tracts. It was purchased as a single unit. The farm offered 241 tillable acres, with the balance woods, roads, ditches, etc. The corn producity index (PI) was 130 bu. per acre.

Handling the auction was AJ and Larry Jordan, Haldermand Real Estate Services, Peru, 765-473-5849.