Real Estate Auction Roundup

By William Flood 

 Illinois

Calhoun County - On Sept. 24, Sullivan Auctioneers conducted a live auction of 117.30 surveyed acres in one tract. The Class A farmland was primarily in Tice, Raddle and Beaucoup soils, with a PI of 134.7. The parcel offered access along the east side from U.S. Highway 96 and along the north from Lim Long Lane. The tract sold for $1,527,630 ($13,000/acre).

Louisville - Schmid Auction hosted a no-reserve online auction on Sept. 22 of 114+/- acres. Approximately 34.38 acres were tillable, with a PI of 117.2, and a crop harvested in seven of the previous 10 years. The tillable ground was in preventive planting in 2026. Another 13.38 acres were in CRP CP33, with an annual contract payment of $2,017 ($150.76/acre) through Sept. 30, 2035. Approximately 66 acres were wooded, with marketable timber, bordering the Little Wabash River on the east. An elevated wooded portion with road frontage on the southwest side offered potential for a cabin. Recreational options included whitetail deer and wild turkey hunting and mushroom hunting. The current tenant retained rights to the 2026 crop, while the seller’s mineral, oil and gas rights transferred without warranty. The property sold for $544,350 ($4,775/acre).

Indiana

Pulaski County - On Sept. 23, Kraft Auction Service held an online auction of 80+/- acres, offered in three tracts, with a rural residence, pasture and agricultural improvements. Tract 1 consisted of approximately 40 acres (38.56 tillable). The flat land had A-1 (general agricultural) zoning, and frontage along W 500 N. Soils were primarily Rensselaer loam, Brady fine sandy loam, Brems loamy fine sand and Maumee loamy fine sand, with an NCCPI of 72.8. Farming rights were available to the buyer in 2027. Tract 2 included approximately 5 acres, also zoned A-1, with a 1964-built stone-clad rancher. The 3-bedroom/1 bathroom home had 1,334 square feet of finished space, a full unfinished basement, and an additional 390 square feet of converted garage living space. It was served by central heat/AC, private 5-inch well and septic. Tract 3 was a corner tract with approximately 35 acres (33.73 tillable), also zoned A-1. Soils were mainly Maumee loamy fine sand and Oakville-Denham fine sands, with an NCCPI of 54.4. The flat parcel, with frontage along both W 500 N and N 700 W, had farming rights available for 2027. Tract 1 sold for $341,500 ($8,538/acre), Tract 2 for $130,500 and Tract 3 for $273,500 ($7,814/acre).

Wabash County - Metzger Property Services conducted an online auction Sept. 28 of 12.35+/- acres with tillable cropland and Eel River frontage. Main soils were Fox and Ockley loams. It was suitable for continued farming, recreation or as a private country retreat overlooking the river. It sold for $140,000 ($11,336/acre).

Kentucky

Cuba - On Sept. 1, Harris Real Estate & Auction conducted an absolute auction of 40 acres of farmland offered in four tracts. Approximately 90 percent of the property was tillable. Tract 1 consisted of 3.71 acres with frontage on Luther Road; Tract 2 was 3.72 acres, also with Luther Road frontage; Tract 3 was 11.73 acres with frontage on Highway 83; and Tract 4 had 20.97 acres with frontage on Highway 303 and Luther Road. The tracts sold combined for $268,500 ($6,713/acre).

Harrodsburg - Schrader Real Estate and Auction Co. auctioned 113.3 +/- acres with a home as a single tract on Sept. 28. The custom-built 4,000-square-foot 3-bedroom/2-bath barndominium offered features like radiant floor heating, floor-to-ceiling fireplace, and high-efficiency closed-cell foam insulation. A 30-by-60-foot insulated pole building with concrete flooring was also included. The acreage consisted of rolling pastureland and wooded areas, with private Kentucky River access and good deer and turkey habitat. The property had generated short-term rental income of up to $10,000 per month during peak periods and had potential as a wedding venue. The pastureland and wooded areas offered additional income potential for cattle, horses, or hunting. It sold for $1,369,900.

Michigan

Cassopolis - On Sept. 21, Bright Star Auctions presented 24.5 acres with a cabin and barn. The property, a mix of upland forest and low ground, had a history of big bucks and had two wooden ladder stands and a food plot to be freshly planted for fall. Access was via Tharp Lake Road, via a shared driveway with additional road frontage on Calvin Hill Street. The cabin featured a loft, rainwater collection system, solar panel, wood stove, gas oven, LP gas tank and toilet. The barn included a storage area, box stall and attached paddock. The property bid to $225,000 after a $200,000 starting bid.

Newaygo - On Sept. 30, Miedema’s Last Bid Real Estate auctioned two vacant parcels totaling 120+/- acres. Tract 1 consisted of approximately 40 acres with frontage on E 36th Street, while Tract 2 included approximately 80 acres with an easement to E 36th Street. Tract 1 sold for $101,000 ($2,525/acre), and Tract 2 for $141,000 ($1,763/acre).

Ohio

Amanda Township - DYE Real Estate & Land Company presented 124+/- acres with a 1.5-story home as a single tract Sept. 15. The parcel, with 71.9 tillable acres mainly in Blount and Medway silt loams, had an NCCPI of 70.81. The remaining acreage was woods and recreational land with good whitetail habitat. Improvements included the 2,129-square-foot, 4-bedroom/ 1-bath home, with a partial basement and attached three-car, 30-by-48-foot garage. Additional improvements included a 30-by-40-foot farm building and 16-by-30-foot utility shed, both with dirt floors. There was ample frontage along Defiance Trail and Agerter Road. The sale included all mineral rights. The property brought $1,825,000.

Fredericksburg - Kaufman Real Estate & Auctions conducted a live auction Sept. 29 of 6 acres offered in two tracts. Tract 1 consisted of 4 acres with a 3-bedroom/2-bath home, shop area, horse shed with pasture, and 28-by-12-foot storage barn. Parcel 2 consisted of 2 acres of gently rolling tillable land with a building site. The two parcels sold for $537,500.