$7,165 per acre in Northeast Indiana

April 21, 2016 09:48 AM

A Monday, April 18, auction saw 63 acres of Adams Co., Ind., farmland sell for $7,165 an acre. The farm was located five miles north of Decatur or 15 miles southeast of Fort Wayne. The auction offered 63 acres of tillable cropland with 2016 farming rights. Also included was a 3-acre farmstead with several outbuildings. The property was offered as two tracts but purchased as a single unit.

Handling the auction was Ritter Cox, Schrader Real Estate and Auction Co., Inc., Columbia City, 800-451-2709.