$8,000 and $11,000 an acre in Eastern Indiana

January 19, 2016 11:41 AM

Monday's auction of 136 acres in Carroll County, Ind., saw two tracts bring strong prices. The farm was located a half mile south of Flora. It featured a total of 123 tillable acres and 7 acres of woods.

Tract 1: 78 acres with 66 acres tillable and 7 acres wooded. The tract carried a corn PI of 167.5. It sold for $8,305 an acre.

Tract 2: 59 acres with 57.5 acres tillable. It had a corn PI of 173.8 and sold for $11,449 an acre.

Handling the auction was Larry and AJ Jordan, Halderman Real Estate Services, Peru, 765-473-8549 and 317-697-3086.