Vermilion County land
sells for $3.437 million </p><p> CHAMPAIGN, Ill. — Over 200 people were in attendance Friday afternoon, Dec. 7, 2007, for an auction of 830 acres of farmland and recreational property located near Collison, Ill. The land, divided into 10 tracts ranging from 28 to 160 acres each, drew the attention of 57 bidders which included farmland buyers as well as investors and recreational buyers.</p><p>
The 10 tracts were bid on individually and in combination depending on the individual bidder’s interests. The close of bidding saw three successful bidders spend $3,437,200 or approximately $4,141.00 per acre.</p><p>
According to Patrick Trainor, vice president of Westchester Auctions, “This auction was successful for both the sellers and buyers, because our objective is to always provide superior marketing services to obtain the maximum value for the property. Our multi-parcel auction system creates an exciting event and gives all bidders an equal chance to buy the tract or tracts that they were interested in buying.”</p><p>
Westchester Auctions is one of the leading agricultural real estate marketing companies in the United States. Utilizing their marketing expertise and multi-parcel auction system, Westchester Auctions allows bidders to compete continuously throughout the auction. For more information on Westchester Auctions, visit www.westchester-auctions.com</p><p>
322 acres sell to Ohio buyer</p><p> PAYNE, Ohio — The Brady family: John E. Brady, James F. Brady, and Mary L. Pierczynski sold their childhood home situated five miles south of Payne, Ohio at auction on the evening of Dec. 4, 2007.</p><p>
The land auction attracted approximately 150 people with over 30 bidders registered to compete to purchase the Brady Farm, which sold for $5,668 per acre. The farm was offered in six tracts and with Schrader’s multi-tract method, the buyers had the option to purchase one tract or any combination of the total six tracts. The strong, competitive bidding from buyers throughout Ohio, Indiana, and Illinois resulted in one successful buyer from Mercer County, Ohio.</p><p>
According to Rex Schrader, president of Schrader Real Estate & Auction Co., Inc. “the significant increase in the demand and price of wheat, soybeans and corn has resulted in significantly higher land prices. The mix of buyers at the auction included local farmers wanting to expand, investors interested in buying the farm and renting the land to local farmers, and agribusiness owners wanting to control their supply of corn.”</p><p>
Schrader, the auction company responsible for the sale, has been perfecting its approach to auctioning multiple-tract sales of land for the past 25 years. Schrader has developed a copyrighted, multi-tract method that allows buyers to create the size and configuration of acreage that they desire based on the auction map. Schrader’s marketing campaign for this auction reached thousands of potential buyers instantly through their web site at www.schraderauction.com</p><p>
Schrader Real Estate & Auction Company is a full service auction and real estate company specializing in selling large land holdings across the United States. Schrader’s home office is located in Columbia City, Ind.</p><p>
Illinois land sells
for $2.625 million</p><p> PARIS, Ill. — On Nov. 7, an estimated 100 people attended the public land auction owned by the White Family and Phyllis Webster of Paris, Ill. The 459 acres was offered in six tracts by the Schrader Real Estate and Auction Company. There were 27 registered bidders from Illinois and Indiana participating in the auction. The sale continued for one hour with the final sale at $5,718 per acre.
The farm sold to two buyers of Marty and Michael Rose of Rockville, Ind. purchasing 216 acres and Ellis Farm of Dana, Indiana purchasing 243 acres. The White family decided to sell the farm after the passing of both Max and Moscelyn White and the family members no longer live in the area.</p><p>
The 459 acre contiguous farm is nearly all level Flanagan soils west of Chrisman at the Indiana state line. The White Family purchased the Edgar County land when their farm near Newport, Ind. was purchased by the government to expand the Wabash River Ordinance Works during World War II.</p><p>
The auction was conducted by Schrader Companies, nationally recognized land sales firm, with headquarters in Columbia City, Ind. According to auctioneer and Schrader President Rex Schrader, “this farm featured cropland of excellent soil types in an area that historically was closely held in the family for many generations. This area had an excellent yield in 2007 and crop prices are at historically high levels.”</p><p>
For additional information contact Schrader Companies, Steve Slonaker at 1-877-747-0212.</p><p>
Bourbon County features
Elite Heifer Sale</p><p> PARIS, Ky. — The Bourbon County Livestock Improvement Association sponsored the 17th Elite Heifer Sale at the United Producers Inc. Stockyards in Paris, Ky. on Nov. 5. There were over 325 people in attendance at the sale.</p><p>
The sale consisted of 621 bred heifers that will calve in the spring of 2008. The sale average was $1,164 per head. At the sale 472 heifers that were bred naturally to calving ease bulls that averaged $1,146.96. There were also 149 heifers that were bred to A.I. sires that averaged $1,261.01.</p><p>
According to the sale coordinators, 29 heifers averaged $1,218.00,158 Charolais X Angus heifers averaged $1,127.69, 16 Simmental X Angus heifers averaged $1,250, 334 Angus Cross heifers averaged $1,176.95, 56 Charolais Cross averaged $1,137.50, nine Red Angus Cross averaged $1,141.67 and seven Limousin Cross averaged $1,125 The top consignors of the sale were Jimmy and John Mason with 22 heifers that averaged $1,312 per head. The next Elite Heifer Sale will be on Nov. 3, 2008 at United Producers Stockyard in Paris, Ky. |
