[AT] OT stamping press pits

Stephen Offiler soffiler at gmail.com
Thu Dec 12 07:48:27 PST 2019


Jim, that figure of $200 per acre is an annual rent to farm it, not to
purchase it.

SO


On Thu, Dec 12, 2019 at 10:22 AM macowboy <macowboy at comcast.net> wrote:

> I would love to see $200/acre prices here. A 8 acre lot behind us with
> maybe a 1/2 acre buildable, the untouchable wet lands sold for$150,000! It
> was bought by a builder who is putting a giant 4000 sqft spec house on it.
> Our property taxes will be going up again. So far,we are up 25% in 9 years.
> This affecting a lot of fixed income retirees. My wife volunteers at the
> senior center in town and some are packing up and moving out. One of her
> former volunteers moved to western Virginia,  bought a nice home with barns
> and out buildings on 10 acres and pays$700/ year property tax. Things have
> changed drastically here.
>
>
>
> Jim Thomson
> 401-339-6902
> Rehoboth, MA
>
> Sent from my Samsung Galaxy , an AT&T LTE smartphone
>
>
> -------- Original message --------
> From: Cecil Bearden <crbearden at copper.net>
> Date: 12/12/19 7:56 AM (GMT-05:00)
> To: at at lists.antique-tractor.com
> Subject: Re: [AT] OT stamping press pits
>
> Just my $0.02, but this housing bubble is going to burst and soon (
> relative word ).  I am going to be like my old Daddy and hold on tight to
> my money...
> Cecil
> On 12/12/2019 6:25 AM, Indiana Robinson wrote:
>
> Actually about $200 an acre is pretty much the standard here in Central
> Indiana right now for good tillable land (corn / soybean ground).
> Here is a part of an article from a local digital local newspaper about a
> week ago, describing some county owned property about a mile south west of
> me:
> ********
> County Farm Ground Purchased Over 170 Years Ago Now Generates Income
> Shelby County farm ground that is once again up for lease has a long and
> storied history. Shelby County Commissioners will hold open bidding for a
> two-year lease on two tracts of ground a week from today. One tract is
> 196.8 acres of tillable land, located at Shelby Manor in Shelby Township.
> The second tract is 230.9 acres of tillable land at the Tindall Farm, also
> in Shelby Township.
> ********
> I should see the results very soon. It typically runs high rent. I don't
> follow it closely but the last one I read about a year or two ago was $278
> an acre per year. It "might" be lower this time since some guys are running
> pretty tight right now and a number of progressive farmers that often
> skated quite close to the edge fell over that edge...
> ******
> A tiny place just at the north of our farm that had belonged to the late
> mother of a 1960 classmate just sold in the last 30 days. As in many such
> homes she had been unable to keep up with repairs for quite a few years and
> it was not much of a house to start with. It had about 9 acres, with maybe
> 1 acre tillable if you cut some brush and little of it is flat. It could be
> made suitable for a few horses etc. It has an older smallish pole barn and
> an old fair sized chicken house.
> Some real estate guy bought it to flip... They painted the pole barn and
> chicken house and cleared a little brush. They had to take down the 1 car
> attached garage because it was sitting on the septic tank. They put up a
> detached 2.5 car garage near one corner of the house and did a "remodel" of
> the house including an unimpressive porch on the front, a new metal roof
> and new siding. Diana and I stopped and looked in a few windows one day
> after the for sale sign went up. It looked nice but without a quality house
> of size to start with it was kind of an odd layout. Don't get me wrong, I
> would live in it but it was not a Chip and Joanna Gaines project.  😀  It
> looks "nice" from the road with "nice" being a flexible word. It still
> screams, "I am a very bland, nondescript, small, old house that has been
> remodeled very plainly and still looks like a cheap house".
> I guess it did what they wanted... Listed price was $329,000 and I
> understand from my friend that it sold at about $2,000 over asking...
> ********
>
>
> .
>
>
> On Wed, Dec 11, 2019 at 11:37 PM Mike M <meulenms at gmx.com> wrote:
>
>> After further research through Michigan State University, I need to
>> revise that figure, down a bit. A lot of the price is dependent on
>> whether the field is tiled and that it drains well. A more realistic
>> price is around $130 per acre.
>>
>> Mike M
>>
>> On 12/11/2019 11:19 PM, Cecil Bearden wrote:
>> > Wow!! $200/acre!!  That is a lot compared to Oklahoma.  Pasture is
>> > $10/acre, and farmland $20 to $35/acre....  I am sitting on 80 acres
>> > here, right next to me on the West the 80 Sold for $5K/acre.  If I
>> > sold, I would have to move and then pay the Guvmint most of it....  It
>> > took way too long to build those buildings to start over...  However,
>> > it is getting so crowded that we cannot get any farm ground to grow
>> > hay on.  Thses City folks move out here and some have 25 to 40 acres.
>> > They want it mowed 5 times a year when they rent it to us for hay!!!
>> > Then they want it looking like a golf course over the winter.  Nothing
>> > to catch the blowing snow....
>> > Cecil
>> >
>> > On 12/11/2019 10:04 PM, Mike M wrote:
>> >> Why would anyone do something so stupid? 200 acres would command almost
>> >> $40,000 per year in rent for your heirs. You'd really be screwing
>> >> them over.
>> >>
>> >> Mike M
>> >>
>> >> On 12/11/2019 10:46 PM, szabelski at wildblue.net wrote:
>> >>> In our township they passed an ordnance that requires you to have a
>> >>> minimum of 10 acres in order to build, unless the property was
>> >>> smaller than that prior to the passing of the ordnance. If it was,
>> >>> you can build on it. This was done to keep developers from coming in
>> >>> and cramming 20 Houses on a 10 acre parcel.
>> >>>
>> >>> In addition, here in Michigan, the local power utility has (had???)
>> >>> a program to slow down urban sprawl and keep the power consumption
>> >>> from getting out of hand. If you have a large parcel of land that
>> >>> you are not farming, you can put that land into a land bank with the
>> >>> utility. They will plant the property with trees and you agree not
>> >>> to do any development on the property for something like the next 50
>> >>> or 100 years. Your heirs would be legally bound by this agreement.
>> >>> Don’t know how taxes are handled. If I remember right, you need
>> >>> something like 100 acres to participate.
>> >>>
>> >>> Can’t say how successful they’ve been with this to date.
>> >>>
>> >>> Carl
>> >>> ----- Original Message -----
>> >>> From: Mike M <meulenms at gmx.com>
>> >>> To: at at lists.antique-tractor.com
>> >>> Sent: Wed, 11 Dec 2019 17:13:25 -0500 (EST)
>> >>> Subject: Re: [AT] OT stamping press pits
>> >>>
>> >>> Hi Farmer,
>> >>> I live in Michigan, and here, provided the farm has been in existence
>> >>> long enough, you can have it declared a Centennial Farm. What it boils
>> >>> down to is it can be sold, but must remain in farming of some sort,
>> and
>> >>> not made into a subdivision. There are also tax incentives if I'm not
>> >>> mistaken.
>> >>>
>> >>> Mike M
>> >>>
>> >>> On 12/11/2019 5:00 PM, Indiana Robinson wrote:
>> >>>> I have done my share of "temporary" installations that may have been
>> a
>> >>>> little shaky as is common for old school farmers but my general plan
>> >>>> most of my life has been to do things "code +" or to be more
>> >>>> technical, "Hell for stout"...  😀
>> >>>> I do find myself being less concerned these days about making sure
>> >>>> that what I do will last 100 years. I'm still optimistic enough to
>> >>>> pretend that I still need a 5 year plan but my old concept of a 20
>> >>>> year plan doesn't carry a lot of weight.
>> >>>> There are several reasons for that. The first is pretty obvious, one
>> >>>> of those other reasons is that the farm I put my blood, sweat and
>> >>>> tears in since 1951, which was a couple of miles out in the country
>> is
>> >>>> now only about a quarter mile across a creek from a rapidly moving
>> >>>> city limits... Land around me that I grew up farming either as rented
>> >>>> land or as custom work is now infested with houses... The chances of
>> >>>> this place falling victim to the bulldozers just keeps increasing. In
>> >>>> recent years the words "eminent domain" are getting tossed around
>> more
>> >>>> and more freely. (shrug)...
>> >>>>
>> >>>>
>> >>>> .
>> >>>>
>> >>>>
>> >>>> On Wed, Dec 11, 2019 at 10:40 AM Stephen Offiler <soffiler at gmail.com
>> >>>> <mailto:soffiler at gmail.com>> wrote:
>> >>>>
>> >>>>      Service pits are just pits.  Stamping press pits support very
>> >>>>      large, very heavy equipment that creates high shock and
>> vibration
>> >>>>      in service, enough to literally shake the ground, hence the
>> >>>>      recommendation for a soil study.
>> >>>>
>> >>>>      SO
>> >>>>
>> >>>>
>> >>>>      On Wed, Dec 11, 2019 at 10:17 AM Aaron Dickinson
>> >>>>      <a_dickinson at att.net <mailto:a_dickinson at att.net>> wrote:
>> >>>>
>> >>>>          I supect most service pits are shallow enough to not
>> >>>> require a
>> >>>>          geotechnical report, however any building project’s
>> >>>> foundation
>> >>>>          design (including service pits) is based on soil bearing
>> >>>>          capacity (at residential level often done by visiual or
>> >>>>          typical for area). When it doubt build for the lesser
>> >>>> bearing.
>> >>>>
>> >>>>
>> >>>>
>> >>>>          *From:* James Peck <mailto:jamesgpeck at hotmail.com>
>> >>>>          *Sent:* ‎Wednesday‎, ‎December‎ ‎11‎, ‎2019 ‎12‎:‎36‎ ‎AM
>> >>>>          *To:* Antique Tractor Email Discussion Group
>> >>>>          <mailto:at at lists.antique-tractor.com>
>> >>>>
>> >>>>          I believe Cecil mentioned he was involved with things
>> >>>>          geotechnical. This talks about having a geotechnical report
>> >>>>          before designing a stamping press pit.
>> >>>>
>> >>>>
>> https://www.stampingjournal-digital.com/stampingjournal/20191112/MobilePagedReplica.action?pm=1&folio=26#pg26
>> >>>>
>> >>>>
>> >>>>          I wonder if such a report is used in designing tractor
>> >>>>          dealership service shops.
>> >>>>          _______________________________________________
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>> >>>>          AT at lists.antique-tractor.com
>> >>>> <mailto:AT at lists.antique-tractor.com>
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>> >>>>
>> >>>>      _______________________________________________
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>> >>>>
>> >>>>
>> >>>>
>> >>>> --
>> >>>> --
>> >>>>
>> >>>> Francis Robinson
>> >>>> aka "farmer"
>> >>>> Central Indiana USA
>> >>>> robinson46176 at gmail.com <mailto:robinson46176 at gmail.com>
>> >>>>
>> >>>>
>> >>>>
>> >>>>
>> >>>>
>> >>>>
>> >>>>
>> >>>>
>> >>>>
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>
>
> --
> --
>
> Francis Robinson
> aka "farmer"
> Central Indiana USA
> robinson46176 at gmail.com
>
>
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