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Successful Land Sale: Miss Max’s Ohio County Land Averages $7,719
It is safe to assume that Ruth Max was a woman at peace with where she came from. She was born in Defiance County, Ohio, attended high school there, and graduated from Defiance College, where she learned to teach English and Latin. For 34 years, Miss Max taught both subjects in schools within the same county.
Ruth Max never married, but her three nieces shared that she was a great cook, had a beautiful flower garden and a constant smile on her face. She must have made a tremendous impact on the scores of students she taught over the years; after she died in March at age 96, tributes from her former students talked of her care for them, her sense of humor, and her influence as a teacher and role model. (Reading through them, I can’t help but wish I had known her.)
On August 3, Dan Limber Auction sold Miss Max’s Defiance County farmland. Here’s how the sale went:
- Tract 1: 67.5 acres just east of Ayersville. This tract features mostly Hoytville soils. There are about 65.25 tillable acres, and the balance in woods. The tillable ground is tiled. It is considered prime farmland by NRCS.
- Tract 2 107.4 acres east of Ayersville, the tract features Hoytville soils and has 97 acres of tillable ground, which is tiled and nearly level. The rest is in woods. It is considered prime farmland by NRCS.
The two tracts sold as one unit for $1.35 million, or $7,719 per acre.
The value of average farmland in western Ohio is projected to average $7,315 per acre, according to The Ohio State University. Rent for the same is projected at $187 per acre. Long-term yields in Defiance County are for corn, 130 bushels per acre; soybeans, 40 bushels per acre; and wheat, 62 bushels per acre.
Best of the Rest
Illinois, McDonough County: 41 acres sold August 8. The land is located northwest of Tennessee, Ilinois. It is all tillable and features mostly Virden silty clay loam and Ipava silt loam soils, with a Productivity Index of 138.4 (based on 61 to 147 scale). It sold for $410,000 ($10,000 per acre). Sullivan Auctioneers had the sale.
Kansas, Washington County: Two tracts totaling 240 acres sold August 6. Tract 1, 160 acres 2 miles northwest of Morrowville, has 125 acres cropland, mostly creek-bottom featuring Hobbs and Muir soils. Upland is terraced and has Longford soils. The rest of the property is in woods and features an older farmstead. It sold for $830,000 ($5,188 per acre). Tract 2, 80 acres 5 miles north of Morrowville, has 21 acres of cropland featuring Crete soils. The rest is in pasture, with a small pond and fence. It sold for $215,000 ($2,688 per acre). Raymond Bott Realty and Auction had the sale.
Minnesota and Iowa, Martin and Emmet counties: Howell Real Estate and Auction sold two tracts totaling 251 acres August 9. Tract 1, 139 acres just south of Susan/Fish/Cedar lakes in Martin County, has 139.15 tillable acres with mostly Clarion-Swanlake loam soils and an 87.6 Productivity Index (based on a 0 to 100 scale). It sold to an investor for $851,375 ($6,125 per acre). Tract 2, 112 acres 2 miles south of Estherville in Emmet County, is all tillable with Clarion loam, Webster clay loam, and Nicollet clay loam soils. It has an overall Corn Suitability Rating 2 of 79.8 (based on a 5-to-100 scale). It sold to an investor for $789,600 ($7,050 per acre). The total proceeds were $1.64 million, or $6,538 per acre.