Land Sale of the Week: $8,600 per acre in South-Central Minnesota

May 20, 2016 10:02 AM

Mike Walsten

May 17 saw an auction of 110 acres in Nicollet Co., Minn., sell for $8,600 an acre. The farm was located 3.5 miles northwest of New Ulm. It featured 105 acres and a PI of 92.3.

Handling the auction was Matt Mages, Mages Land Company & Auction Service, LLC, Wintrop, Minn., 507-276-7002.

If interested in seeing a copy of LandOwner, just drop me an email at or call 800-772-0023.

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Spell Check

Dennis Koch
5/20/2016 11:05 AM

  Hi Mike been a seller but did buy 194 acres couple weeks ago. ...80 csr 167 tillable rent 245 this year and 275 next year. .. $1,00,000. Traded 80 in Hampton 92 csr got 864,000. ..

Dexter, MD
5/20/2016 11:41 AM

  Any buyer premium?

Portage, MI
5/23/2016 11:17 AM

  That guy always asks that ridiculous question about the buyer premium as if it has any relevance.


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