Past Sales

Below are property sale comparables and land value transactions for all properties sold by Upper Midwest Management over the last several years.


Properties Sold - 2016

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2016-11-29 Redwood 120 $906,000 $7,550 Farmer
2016-11-03 Pennington 724.48 $1,596,507.00 $2,204.00 3 expansion farmers
2016-10-13 Mitchell, IA 160 $1,532,000.00 $9,575.00 Farmer
2016-10-13 Mitchell, IA 160 $1,256,000.00 $7,850.00 Investor
2016-09-20 Renville 353.95 $2,360,000.00 $6,667.60 Investor
2016-08-08 Renville 160 $1,193,600.00 $7,460.00 Farmer
2016-07-07 Brown 69.16 $411,252.00 $5,946.38 2 buyers - $395,000 for 50.04 ac. pasture w/improvements. $16,252 for 19.12 ac. pasture.
2016-02-23 Stevens 237.64 $1,104,365.70 $4,647.22 Sold in 2 tracts - 80 ac. @ $2,587.50/ac. 157.64 ac. @ $5,692.50

Properties Sold - 2015

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2015-12-29 McLeod 270.36 $1,419,390.00 $5,250.00 Farmer
2015-12-21 Murray 20.67 $26,871.00 $1,300.00 Hunter
2015-11-15 McLeod 80 $560,000.00 $7,000.00 Farmer
2015-10-22 Kandiyohi 182 $1,437,800.00 $7900.00 Farmer
2015-09-15 Kandiyohi 154.85 $952,327.50 $6,150.00 Farmer
2015-08-30 Faribault 40 $328,000.00 $8,200.00 Investor
2015-08-14 Nobles 81.78 $654,200.00 $8,000.00 Investors
2015-07-22 Murray 80 $660,00.00 $8,250.00 Investor
2015-06-05 Brown 11.34 $200,000.00 $17,636.69 Hog facilities
2015-04-15 Emmet, Iowa 56 $342,000.00 $6,107.15 State of Iowa
2015-04-15 Emmet, Iowa 646 $5,660,090.00 $8,761.75 Investor
2015-03-03 McLeod 53.23 $356,641.00 $6,700.00 Investor
2015-02-25 Polk 236.1 $900,000.00 $3,811.95 Tenant Operator
2015-02-19 McLeod 80 $672,000.00 $8,400.00 Farmer
2015-02-19 McLeod 103.215 $856,560.00 $8,298.80 Investor

Properties Sold - 2014

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2014-09-08 McLeod 60 $430,000.00 $7,166.67 Farmer
2014-07-10 Renville 58.92 $209,166.00 $3,550.00 Investor
2014-06-06 Brown 9.98 $297,568.77 $29,826.51 Business - Commercial use
2014-04-29 Rice 69 $550,000.00 $7,971.02 Investor
2014-04-08 Renville 228.63 $2,163,468.53 $9,462.75 Investor

Properties Sold - 2013

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2013-12-10 LeSueur 60.75 $315,900.00 $5,200.00 Farmer
2013-11-26 Renville 80 $920,000.00 $11,500.00 Farmer
2013-10-25 Stevens 240 $192,000.00 $800.00 Investor
2013-10-01 Nicollet 40.82 $420,000.00 $10,289.07 Farmer
2013-09-26 Swift 71.67 $503,025.00 $7,018.62 Farmer
2013-09-24 Brown 88 $721,600.00 $8,200.00 Farmer
2013-09-13 Brown 193.04 $1,551,503.00 $8,037.20 Farmer
2013-07-31 Yellow Medicine 142 $1,100,000.0 $7,746.47 Investors

Properties Sold - 2012

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2012-12-11 Brown 30.41 $278,251.50 $9,150.00 Investor
2012-11-27 Meeker 284.52 $1693054.26 $5,950.56 Farmer
2012-11-20 Meeker 99.08 $594,000.00 $5,995.15 Investor
2012-10-30 Chippewa 95 $867,255.00 $9,129.00 Farmer
2012-10-09 Lac qui Parle 380.41 $2,725,622.00 $7,164.96 5 tracts - 3 farmer buyers
2012-09-30 Wright 58 $139,200.00 $2,400.00 Investor
2012-09-24 Meeker 192.97 $1,275,000.00 $6,607.24 Tenant
2012-09-13 Renville 136.53 $1,065,343.59 $7,803.00 Farmer
2012-09-12 McLeod 9.36 $65,000.00 $6,944.44 Investor - Lots by Glencoe
2012-09-11 Brown 135.77 $1,232,520.00 $9,078.00 3 tracts to 3 farmers
2012-09-07 Chippewa 4.17 $220,000.00 $52,757.79 Business - Rural Building Site
2012-08-28 Lac qui Parle 320 $2,269,540.00 $7092.31 2 tracts to 2 farmers
2012-08-01 Wright 10 $55,000.00 $5,500.00 Rural site on which to build home.
2012-07-25 Nicollet 40.42 $82,817.00 $2,048.91 2 tracts - 2 buyers.
2012-06-25 Palo Alto, Iowa 148 $1,224,480.00 $8,273.51 Farmer
2012-06-01 McLeod 223.42 $1,588,400.00 $7109.47 Investor
2012-03-27 Renville 152.43 $640,206.00 $4,200.00 Farmer
2012-02-22 Brown 51.74 $432,029.00 $8,350.00 Investor-Farmer
2012-02-16 Yellow Medicine 440 $1,500,000.00 $3,409.09 Farmer-Tenant
2012-02-14 Brown 80 $684,000.00 $8,550.00 Investor-Farmer
2012-02-10 McLeod 74.78 $370,161.00 $4,950.00 Investor
2012-01-27 Brown 214.27 $936,359.90 $4,370.00 Farmer
2012-01-10 Renville 81.93 $553,027.50 $6,750.00 Farmer

Properties Sold - 2011

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2011-12-09 Swift 80 $150,000.00 $1,875.00 Investor - CRP Land
2011-12-06 McLeod 80.32 $425,696 $5,300.00 Operating Farmer
2011-10-04 Brown 69.99 $538,993.00 $7,701.00 Investor
2011-09-29 Nicollet 246.22 $1,184,545.00 $4,823.10 Sold in 4 parcels to 4 farmers. Price/ac. ranged from 2,100 to 6,650.
2011-08-02 Sibley 160 $725,000.00 $4,531.25 Farmer-Operator
2011-07-26 Roberts, South Dakota 80 $189,000.00 $2,362.50 Farmer-Operator
2011-07-26 Nicollet 18.62 $50,274.00 $2,700.00 Farmer
2011-07-11 Brown 69.65 $229,845.00 $3,300.00 Farmer
2011-07-01 Renville 74.11 $493757.88 $6,662.50 Tenant
2011-06-24 Nicollet 5.62 $5,620.00 $1,000.00 Neighboring Landowner
2011-06-22 Renville 74.99 $442,441.00 $5,900.00 Farmer-Operator

Properties Sold - 2010

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2010-12-15 Meeker 73.32 $456,197.00 $6,222.00 Farmer
2010-12-01 Lyon 120 $223,500.00 $1862.50 Tenant
2010-11-16 Redwood 147.01 $775,755.75 $5,277.00 Farmer
2010-09-21 Kandiyohi 200 $1,282,350.00 $6,411.75 Investor
2010-08-15 Nicollet 80 $431,600.00 $5,395.00 Investor
2010-06-08 Meeker 80 $328,000.00 $4,100.00 Tenant
2010-06-03 Meeker 699.82 $2,977,898.40 $4,255.24 3 Farmer Buyers
2010-04-20 Renville 318.53 $1,776,769.28 $5,578.03 2 farmers
2010-02-10 Sac, Iowa 240 $1,250,000.00 $5,208.33 Tenant
2010-02-01 Mitchell, Iowa 60 $300,000.00 $5,000.00 Farmer

Properties Sold - 2009

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2009-11-17 Lac qui Parle 150.95 $367,500.00 $2,434.58 Farmers
2009-11-12 Renville 386.86 $2,014,568.00 $5,207.00 Investor & Farmer - 2 buyers
2009-11-11 Cottonwood 144.26 $537,368.5 $3,724.93 Farmer
2009-11-02 Sibley 80 $436,000.00 $5,450.00 Farmer
2009-10-12 Grant, SD 197.79 $904,889.25 $4,575.00 Farmer
2009-09-17 Redwood 105.74 $442,288.32 $4,182.79 Farmer
2009-09-09 Faribault 67.88 $265,875.00 $3,916.00 Farmer
2009-09-01 Faribault 101.4 $182,000.00 $1,794.88 MN DNR
2009-07-19 Wright 71 $210,000.00 $2,957.75 Farmer
2009-05-15 McLeod 119.37 $540,000 $4,524.00 Investor
2009-04-29 Cottonwood/Brown 644 $2,199,272 $3415 5 buyers
2009-03-18 Mower 449.76 $2,068,896.00 $4,600.00 Investor
2009-03-17 Renville 150 $730,312.50 $4,868 Farmer
2009-02-19 Blue Earth 160 $686,800.00 $4293.00 Farmer
2009-02-10 Cottonwood 80 $342,700.00 $4,284 Farmers
2009-01-15 Watonwan 33 $132,520.00 $4,000.00 Farmer/tenant

Properties Sold - 2008

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2008-11-25 Swift 80 $292,560.00 $3,657 Farmer
2008-11-20 Lyon 275 $741,157.50 $2,695 Sold in 2 parcels. Farmer and Investor buyers.
2008-11-17 Murray Co. 160 $836,400.00 $5,227.50 Farmer
2008-11-12 Chippewa 397 $1,459,316.00 $3675.86 2 Farmer Buyers
2008-11-01 Sibley 192.31 $892,896.00 $4,643.00 2 Buyers (Tenant & Farmer)
2008-10-08 Renville/Kandiyohi 411 $1,800,000.00 $4380.00 Farmer/Operators
2008-09-25 Renville 155 $703,022 $4536 Investor
2008-09-18 Cottonwood 240 $959,400.00 $3,997.50 overall Sold to two different farmers. 5,996/ac. for 80 ac. & 2998/ac. for 160 ac.
2008-08-08 Grant, SD 383 $500,000.00 $1,306 for half interest Half Interest sold to family member.
2008-06-19 Mower 697 $3,021,495 $4,335.00 Farmer
2008-06-12 Big Stone 228.79 $556,960.65 $2,434.38 Farmer
2008-06-01 Yellow Medicine 160 $640,000.00 $4,000.00 Farmer
2008-04-22 Redwood 160 $770,800.00 $4,817.50 Farmer buyers
2008-03-06 Renville 56 $279,748.00 $4,995.50 Local Elevator
2008-02-12 Polk 305 $575,000.00 $1,885.00 Investor
2008-02-01 Wabasha 648.34 $2,002,500 $3,089 Farmer
2008-02-01 Wabasha 157 $522,000.00 $3,325.00 Farmer
2008-01-11 Chippewa 170.67 $670,000.00 $3,925.71 Farmer
2008-01-04 Renville 160 $650,000.00 $4,062.50 Farmer/Operator

Properties Sold - 2007

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2007-12-01 Meeker 140 $448000.00 $3200.00 Farmer - Contract for Deed.
2007-11-01 Brookings 468.5 $978652.00 $2088.91 Tenant operators
2007-11-01 Franklin Co., IA 310 $1633250.00 $5268.55 Investors
2007-11-01 Renville 141 $691098.00 $4901.40 2 parcels - 2 farmers.
2007-11-01 Norman 680 $462000.00 $679.41 Farmer/Hunter
2007-11-01 Redwood 70.45 $285234.00 $4048.74 Farmer
2007-11-01 Sibley 155.5 $689351.00 $4433.13 Investor
2007-11-01 Renville 152.37 $718424.00 $4715.00 Farmer
2007-11-01 Renville 156.49 $90500.00 $578.31 Farmer/Hunter. Contract for Deed.
2007-11-01 Renville 100 $399125.00 $3991.25 Farmer
2007-11-01 Sibley 157.18 $650000.00 $4135.39 Farmer
2007-11-01 Nicollet 3.5 $159000.00 $ Existing Rural Resident
2007-09-01 Lyon Co., IA 160 $603000.00 $3768.75 Farmer (tenant operators)
2007-09-01 Nicollet 169 $132565.00 $784.41 Hunter/Investor
2007-07-01 Renville 71.88 $280000.00 $3895.38 Farmer
2007-06-01 Rice 38.7 $375000.00 $9689.92 Investor. Contract for Deed
2007-06-01 Murray 310 $1030000.00 $3322.58 Investor
2007-05-01 Brown 5.5 $39500.00 $7181.82 Rural Resident - will build dwelling
2007-05-01 Brown 128.4 $466000.00 $3629.28 Sold in 3 parcels. Farmer, family member & investor.
2007-05-01 Stevens 141.19 $100000.00 $708.27 Investor/Hunter
2007-04-01 Blue Earth 200 $762550.00 $3812.75 Investor
2007-04-01 Yellow Medicine 160 $436000.00 $2725.00 Farmer
2007-03-01 Stearns 135.2 $393000.00 $2906.80 Investor Buyer
2007-03-01 Renville 148.28 $714339.00 $4817.50 Farmer
2007-03-01 Renville 151.11 $658273.00 $4356.25 Investor Buyer
2007-03-01 Yellow Medicine 320 $535000.00 $1671.88 MN DNR
2007-02-01 McLeod 40 $152000.00 $3800.00 Farmer

Properties Sold - 2006

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2006-12-01 Pipestone 160 $175000.00 $1093.75 Farmer
2006-12-01 McLeod 44.78 $94038.00 $2100.00 Farmer
2006-12-01 Brown 10 $160000.00 $ Bldg. site - Farmer
2006-12-01 Nobles 123.3 $364721.40 $2958.00 Farmer
2006-11-01 Renville 201.88 $779080.00 $3859.12 Auction - Farmer
2006-11-01 Renville 154 $500000.00 $3246.75 Farmer
2006-11-01 Freeborn 160.63 $475000.00 $2957.11 10 ac., m/l - 40,000 to investor & balance of farm to a farmer - 435,000
2006-09-01 Renville 35 $120054.00 $3430.11 Auction - Neighboring farmer
2006-09-01 Renville 77 $265471.50 $3447.68 Auction - Farmer
2006-09-01 Redwood 160 $487200.00 $3045.00 Auction - Investor
2006-09-01 Renville 80 $268000.00 $3350.00 Farmer
2006-09-01 Mower 313 $1042681.00 $3331.25 Auction - Investor
2006-09-01 Renville 151 $436590.00 $2891.32 Auction - Neighboring farmer
2006-08-01 Brookings, SD 160 $360000.00 $2250.00 1031 Buyer - Sealed bid sale
2006-08-01 LaMoure, ND 400 $422000.00 $1055.00 Area Farmer
2006-08-01 Yellow Medicine 76 $184624.00 $2429.26 Farmer
2006-07-01 Meeker 87 $162300.00 $1865.52 Farmer
2006-07-01 Chippewa 78 $181272.00 $2324.00 Investor
2006-06-01 Renville 80 $240000.00 $3000.00 Investor
2006-06-01 Renville 80 $240000.00 $3000.00 Investor
2006-06-01 Renville 146 $489343.00 $3351.66 Investor
2006-05-01 Lac qui Parle 640 $915200.00 $1430.00 Government
2006-04-01 Meeker 66 $135960.00 $2060.00 Farmer
2006-04-01 Rice 90 $620000.00 $6888.89 Investor
2006-04-01 Renville 76 $242400.00 $3189.47 Farmer
2006-03-01 Redwood 94 $313490.00 $3335.00 Farmer
2006-03-01 Meeker 109 $341000.00 $3128.44 Farmer
2006-02-01 Watonwan 77 $246400.00 $3200.00 Investor
2006-02-01 Faribault 104 $342000.00 $3288.46 Investor - 1031 Exchange
2006-02-01 Brown 80 $150000.00 $1875.00 Farmer

Properties Sold - 2005

Sale Date County Acres Selling Price Price/Acre Buyer/Comments
2005-12-01 Swift 274 $490000.00 $1788.32 Investor
2005-11-01 Renville 60 $155400.00 $2590.00 Farmer
2005-11-01 Renville 160 $521760.00 $3261.00 Auction - Expanding Farmer
2005-11-01 Renville 79 $280134.00 $3546.00 Auction - Investor
2005-11-01 Renville 60 $155400.00 $2590.00 Auction - Farmer
2005-11-01 Renville 116 $260279.00 $2243.78 Auction - Area Expanding Farmer
2005-10-01 Stevens 155 $260000.00 $1677.42 Expanding Farmer
2005-10-01 McLeod 120 $408030.00 $3400.25 Auction - Expanding Farmer - with older building site
2005-10-01 Murray 54 $73899.00 $1368.50 Auction - Investor
2005-10-01 Martin 238 $600000.00 $2521.01 Expanding Farmer - 60% tillable, 40% hunting land
2005-10-01 Brown 190 $550000.00 $2894.74 Expanding - Nearby farmer
2005-10-01 Brown 8 $155000.00 $19375.00 Hobby farm - Neighboring investor
2005-10-01 Sibley 150 $477000.00 $3180.00 Investor - Leaseback
2005-09-01 Lac qui Parle 120 $132000.00 $1100.00 Hunting Land
2005-09-01 Kandyohi 40 $108000.00 $2700.00 Investor - Neighbor
2005-09-01 Grant, SD 155 $238000.00 $1535.48 Expanding Farmer
2005-09-01 McLeod 179 $437000.00 $2441.34 Expanding Farmer
2005-09-01 Renville 80 $277200.00 $3465.00 Auction - Expanding Farmer
2005-08-01 Swift 320 $725000.00 $2265.63 Investor Group
2005-08-01 Lac qui Parle 273 $546000.00 $2000.00 Expanding farmer
2005-08-01 Renville 183 $186500.00 $1019.13 Investor - Conservation Easement property
2005-08-01 Renville 8 $23500.00 $2937.50 Building site - Local party
2005-07-01 Renville 125.3 $350000.00 $2793.30 Investor
2005-07-01 Renville 80 $265000.00 $3312.50 Investor - Leaseback to seller
2005-06-01 Kandyohi 160 $464000.00 $2900.00 Investor - Cropland
2005-06-01 Meeker 120 $305280.00 $2544.00 Hunting and CRP
2005-05-01 Murray 144 $305000.00 $2118.06 Investor - Leaseback to seller
2005-04-01 Sibley 201.3 $633000.00 $3144.56 Investor - 195.7 tillable
2005-04-01 Swift 224 $480000.00 $2142.86 Investor - Leaseback to seller
2005-03-01 Greene, OH 500 $2300000.00 $4600.00 Developer
2005-03-01 Nicollet 5 $164000.00 $32800.00 Homeowner. Farmsite. Sold by RealAuction
2005-03-01 Nicollet 71 $294295.00 $4145.00 Farmer - 67.5 tillable. Sold by RealAuction
2005-03-01 Freeborn 145 $389500.00 $2686.21 Investor - Cropland
2005-03-01 Renville 79 $150000.00 $1898.73 Investor - Hunting/cropland
2005-01-01 Renville 8 $66000.00 $8250.00 Farmsite - with buildings
2005-01-01 McLeod 86 $350000.00 $4069.77 Investor - Development potential
2005-01-01 McLeod 48 $725000.00 $15104.17 Investor - Development potential