Trends
Kosciusko County, Indiana Farm Sells for $20,000 an Acre
Kosciusko County farm sells for $20,000 an acre, highlighting strong demand for high-quality farmland in Indiana.
Farmland in Dekalb County, Indiana, sold for $22,566 per acre, highlighting the demand for high-quality, productive land with development potential.
Sitting in the northeast corner of Indiana, Dekalb County has long been a hub of agricultural productivity and historical charm. Known for its vibrant fall foliage and deep ties to the automotive industry, the county recently witnessed a remarkable farmland transaction that captured the attention of land enthusiasts and buyers alike.
Schrader Auction House sold a 107.8-acre farm for an impressive $2.4 million, breaking down to $22,566 per acre. This sale highlights the ongoing demand for productive farmland in Indiana, particularly in regions like Dekalb County, where agricultural and developmental opportunities align. We spoke with the agent, Daniel Days, to get his input on this property along with other regional trends he is noticing.
The Property at a Glance
This farm wasn’t just another sale—it was a standout. The auction included five tracts of land, four of which were sold together to create a contiguous property, offering significant value for its new owner.
Key Features of the Property:
- High-Quality Soils: The farm boasts predominantly Blount loam soils, known for their suitability for row crops like corn and soybeans.
- Soil Productivity Metrics:
- Prime Location:The property benefits from excellent road access via County Roads 22, 24, and 59, making transportation of crops, equipment, and supplies convenient. This property finishes off the block for its buyer who owns more land in the surrounding area.
- Diverse Tract Options: Tracts range from 7 to 40 tillable acres, providing flexibility for future use. Days mentioned that this property was fairly flat, which is not common for this region.
- Unique Features: One tract is primed for potential development, making it attractive to those looking to diversify their investment. Additionally, another tract features a historic schoolhouse, adding charm and cultural significance to the property.
Why Farmland in Indiana is a Hot Commodity
Dekalb County’s agricultural sector continues to thrive due to its fertile soils, robust infrastructure, and proximity to major markets. The state itself has gained recognition as a reliable source of high-yield farmland. Investors and farmers alike value Indiana for its:- Consistent Productivity: Well-maintained land with strong soil ratings supports dependable yields.
- Competitive Prices: While farmland prices in Dekalb County reflect the high quality of the land, they remain competitive compared to other states with similar productivity metrics.
- Long-Term Value: Farmland has historically proven to be a stable, appreciating asset, making it a secure investment.
The $22,566-per-acre price point seen in this transaction is well above Indiana’s average, which hovers around $12,000 to $14,000 per acre for high-quality farmland. This premium reflects not only the property’s agricultural value but also its development potential and unique features.
The Market’s Message: Quality Outshines All
In a year marked by economic fluctuations and uncertainty, this sale reinforces a critical takeaway for landowners and buyers: high-quality farmland remains in demand. Buyers are willing to pay a premium for land that combines productivity, location, and potential versatility. “We are seeing a much more confident market. Buyers and banks are not afraid to sit on money right now.” Days said when we asked him about regional market trends in early 2025.
For sellers, properties with unique attributes—such as development potential, historical landmarks, or contiguous acreage—can achieve higher sale prices. For buyers, such acquisitions are not just about immediate returns; they’re strategic investments in long-term growth and sustainability.
Final Thoughts
The sale of this 107.8-acre farm in Dekalb County is more than just a notable transaction; it’s a testament to the enduring value of farmland in today’s market. As demand for quality land continues to rise, both investors and farmers are finding new opportunities to maximize their returns.
Whether you’re interested in selling, buying, or understanding farmland values, staying informed about transactions like these offers valuable insights into the market's direction.
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