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potentially developeable farm auction tonight
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GrainTrader
Posted 1/20/2014 20:51 (#3620908)
Subject: potentially developeable farm auction tonight



20 Miles West of Indianapolis Indiana
http://www.lawsonandco.com/component/jcalpro/view/484/

55 acres 43 tillable. Below county T-Yield ground IMO. Sold for $7,700/a or about $10,000 per tillable. I rent a farm next to it and my averages are 150/45 approx.

Sold to adjoining farmer who had been farming it for at least 5-10 years. Diamond in the rough IMO. Development going in Behind it, but development is slooooowwwww here right now. Pipe line also runs through the part that would logistically be developed first. Supposed to be some marketable timber.

5-10 years from now I bet they'll be glad.
This is about 5 miles from the farm I bought in November for $8,700.

Edited by GrainTrader 1/20/2014 21:02
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