$9,600 an acre in North Central Iowa

A Monday auction in Wright County, Iowa, saw an investor take 472 acres for $9,650 an acre. The auction featured a total of 476 acres located northeast of Belmond. The offering included a 4-acre farmstead that included four grain bins. Of the remaining 472 acres, 462 was tillable. The soils averaged a CSR2 of about 81.6 versus the county average cropland CSR2 of 82.2.

The total 476 acres was offered as seven tracts. The investor took the six cropland tracts. The farmstead tract sold separately for $80,000.

Handling the auction was Sullivan Auctioneers, LLC, Hamilton, Ill., 800-847-2161.