Successful Land Sale: $10,800 Average For Central Indiana Farm

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RUSH COUNTY SALE SURPASSES EXPECTATIONS

This week’s Successful Land Sale highlights the Dorothy Crawley Estate, just southeast of Milroy, Indiana, in Rush County.

Mrs. Crawley had two prime pieces of ground, both of which sold October 12.

There were two tracts. Tract 1, 67.86 acres, has 66.36 acres tillable with the rest in waterway. Tract 2, 67.86 acres, is all tillable. The tracts lay adjacent to each other and feature mostly Xenia silt loam and Cyclone silty clay loam soils. The farm brought $1.475 million, or $10,868 per acre, according to Halderman Real Estate Services, which had the sale. The farm’s longtime tenant bought the property. 

We did some digging to find out more about Dorothy Crawley, and found a neat proclamation by the mayor of Rushville, congratulating Dorothy on the event of her 100th birthday in January, 2014. She has a big smile on her face as she reads it. She died earlier this year at the age of 102. A native of Richland Township in Rush County, she was a longtime elementary school teacher and taught at several area schools. Her obituary contains this quote that she shared with her friends and students: “We only believe what we’ve been told. When we get a chance to educate ourselves — to broaden our minds — it’s a good thing! We are only limited by our own ignorance.” Good stuff. I’ll bet she was a great teacher.
Corn in Rush County last year averaged 169 bushels per acre; soybeans, 56 bushels per acre. According to Purdue University, top farmground in central Indiana averages about $8,900 per acre in 2016, while cash rent averages $271 per acre.