Land Sale of the Week: $8,585/acre in Northwest Ohio

November 4, 2016 11:05 AM

Mike Walsten

Nov. 2 saw 396 acres in Auglaize Co., Ohio, sell for $8,585 an acre. The offering was part of a 436-acre farm offered for sale. The farm was located 8 miles east of Wapakoneta. It was offered in 10 tracts, but one buyer took tracts 1 through 9. The 396 total acres featured 380 tillable acres plus one 10-acre piece with seven acres of mature timber.

The remaining 40-acre tract was all tillable, flat and square. It sold separately for $10,875 an acre.

Handling the auction was Andy Walther, Schrader Real Estate and Auction Co., Centerville, Ohio, 765-969-0401.

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