$8,000 acre is great for the seller but devastating for the family farmer wishing to pass the land down,I have land in S.E. Nobles county valued @ $8,200 per acre x 160 acres per assessor, 10 acre is vacant bld. site,4 acre of rd.,I'm taxed at $38 acre x 160 A.,takes one hell of a bite out of the cash rent!! I know of land in Sioux and Lyon Co. Ia. just sold for $18,000 per A.and taxed at 16-$20 per acre,yes Mn. and Nobles Co. have become a great place to be FROM,pun intended.
By the way Nobles Co. just had 156 tillable acres sell for $3 million,so I suppose the assessor will determine that all comparable land is also worth $19,231 acre judging by previous actions.
If so anyone out there looking for about 320 A. ??? I'll round it off to an even $19,000 A.