[AT] OT Land prices was RE: B Allis

[Dallas and Kathy]

Land prices around the big dairies in western Iowa are also insane! The rent 
around some of the dairies by LeMars is $240.00 and acre. The standing offer 
by a couple of the dairies is $5000.00 an acre. One poor old boy had 30 
acres adjoining some land that a dairy owned. When approached about the 
amount to sell his land. He laughed and said $250,000.00. figuring that 
would end it. He was surprised when the dairy owner pulled out his checkbook 
and said sold. That is over $8000.00 and acre!   Dallas
----- Original Message ----- 
From: "John Boehm" <rustyacres at yahoo.com>
To: "Antique tractor email discussion group" <at at lists.antique-tractor.com>
Sent: Sunday, June 12, 2005 2:49 PM
Subject: Re: [AT] OT Land prices was RE: B Allis


> Central Indiana and in particular Marion County
>> (Indianapolis) and the 7 "donut"
>> > counties around Marion County are rapidly becoming
>> a bit like parts of California. The
>> > level of development is just going absolutely
>> insane... There are a lot of people with
>> > money here now and while they still allow a few of
>> us poor fol
>
> Sounds worse than California. I have a 41 acre parcel
> of the some of the best farmland in the world (planted
> in tomatoes this year) in escrow to buy for $6200 an
> acre. Granted it is in ag preserve (lower property tax
> in exchange for keeping it in ag production and no
> more than two homes on the property) and farther away
> from development. To me, these conditions are
> advantages. I suppose if you got closer in to some of
> the urban areas, the land prices would be as high or
> higher than what you are seeing in Indiana. But who
> would want to live in the midst of that development?
> I'm happy to be away from it and glad that the zoning
> will keep it more likey as ag land.
>
> John Boehm
> Woodland, CA
> Visit my web site at http://vintagetractors.com
>
>
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