<div dir="ltr"><div>Actually about $200 an acre is pretty much the standard here in Central Indiana right now for good tillable land (corn / soybean ground).</div><div>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:</div><div>********</div><div><table style="min-width:100%;border-collapse:collapse" width="100%" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td style="padding-top:9px" valign="top"><table style="max-width:100%;min-width:100%;border-collapse:collapse" class="gmail-m_4017659949572226138mcnTextContentContainer" width="100%" cellspacing="0" cellpadding="0" border="0" align="left"><tbody><tr><td class="gmail-m_4017659949572226138mcnTextContent" style="padding:0px 18px 9px;word-break:break-word;color:rgb(32,32,32);font-family:Helvetica;font-size:16px;line-height:150%;text-align:left" valign="top"><h1 style="display:block;margin:0px;padding:0px;color:rgb(32,32,32);font-family:Helvetica;font-size:26px;font-style:normal;font-weight:bold;line-height:125%;letter-spacing:normal;text-align:left">County Farm Ground Purchased Over 170 Years Ago Now Generates Income</h1>
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<td class="gmail-m_4017659949572226138mcnTextContent" style="padding:0px 18px 9px;word-break:break-word;color:rgb(32,32,32);font-family:Helvetica;font-size:16px;line-height:150%;text-align:left" valign="top">
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.<br>********<br>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...<br>******<br>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.<br>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".<br>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...<br>********<br><br><br>.<br><br></td></tr></tbody></table></td></tr></tbody></table></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Wed, Dec 11, 2019 at 11:37 PM Mike M <<a href="mailto:meulenms@gmx.com">meulenms@gmx.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">After further research through Michigan State University, I need to<br>
revise that figure, down a bit. A lot of the price is dependent on<br>
whether the field is tiled and that it drains well. A more realistic<br>
price is around $130 per acre.<br>
<br>
Mike M<br>
<br>
On 12/11/2019 11:19 PM, Cecil Bearden wrote:<br>
> Wow!! $200/acre!! That is a lot compared to Oklahoma. Pasture is<br>
> $10/acre, and farmland $20 to $35/acre.... I am sitting on 80 acres<br>
> here, right next to me on the West the 80 Sold for $5K/acre. If I<br>
> sold, I would have to move and then pay the Guvmint most of it.... It<br>
> took way too long to build those buildings to start over... However,<br>
> it is getting so crowded that we cannot get any farm ground to grow<br>
> hay on. Thses City folks move out here and some have 25 to 40 acres. <br>
> They want it mowed 5 times a year when they rent it to us for hay!!! <br>
> Then they want it looking like a golf course over the winter. Nothing<br>
> to catch the blowing snow....<br>
> Cecil<br>
><br>
> On 12/11/2019 10:04 PM, Mike M wrote:<br>
>> Why would anyone do something so stupid? 200 acres would command almost<br>
>> $40,000 per year in rent for your heirs. You'd really be screwing<br>
>> them over.<br>
>><br>
>> Mike M<br>
>><br>
>> On 12/11/2019 10:46 PM, <a href="mailto:szabelski@wildblue.net" target="_blank">szabelski@wildblue.net</a> wrote:<br>
>>> In our township they passed an ordnance that requires you to have a<br>
>>> minimum of 10 acres in order to build, unless the property was<br>
>>> smaller than that prior to the passing of the ordnance. If it was,<br>
>>> you can build on it. This was done to keep developers from coming in<br>
>>> and cramming 20 Houses on a 10 acre parcel.<br>
>>><br>
>>> In addition, here in Michigan, the local power utility has (had???)<br>
>>> a program to slow down urban sprawl and keep the power consumption<br>
>>> from getting out of hand. If you have a large parcel of land that<br>
>>> you are not farming, you can put that land into a land bank with the<br>
>>> utility. They will plant the property with trees and you agree not<br>
>>> to do any development on the property for something like the next 50<br>
>>> or 100 years. Your heirs would be legally bound by this agreement.<br>
>>> Don’t know how taxes are handled. If I remember right, you need<br>
>>> something like 100 acres to participate.<br>
>>><br>
>>> Can’t say how successful they’ve been with this to date.<br>
>>><br>
>>> Carl<br>
>>> ----- Original Message -----<br>
>>> From: Mike M <<a href="mailto:meulenms@gmx.com" target="_blank">meulenms@gmx.com</a>><br>
>>> To: <a href="mailto:at@lists.antique-tractor.com" target="_blank">at@lists.antique-tractor.com</a><br>
>>> Sent: Wed, 11 Dec 2019 17:13:25 -0500 (EST)<br>
>>> Subject: Re: [AT] OT stamping press pits<br>
>>><br>
>>> Hi Farmer,<br>
>>> I live in Michigan, and here, provided the farm has been in existence<br>
>>> long enough, you can have it declared a Centennial Farm. What it boils<br>
>>> down to is it can be sold, but must remain in farming of some sort, and<br>
>>> not made into a subdivision. There are also tax incentives if I'm not<br>
>>> mistaken.<br>
>>><br>
>>> Mike M<br>
>>><br>
>>> On 12/11/2019 5:00 PM, Indiana Robinson wrote:<br>
>>>> I have done my share of "temporary" installations that may have been a<br>
>>>> little shaky as is common for old school farmers but my general plan<br>
>>>> most of my life has been to do things "code +" or to be more<br>
>>>> technical, "Hell for stout"... 😀<br>
>>>> I do find myself being less concerned these days about making sure<br>
>>>> that what I do will last 100 years. I'm still optimistic enough to<br>
>>>> pretend that I still need a 5 year plan but my old concept of a 20<br>
>>>> year plan doesn't carry a lot of weight.<br>
>>>> There are several reasons for that. The first is pretty obvious, one<br>
>>>> of those other reasons is that the farm I put my blood, sweat and<br>
>>>> tears in since 1951, which was a couple of miles out in the country is<br>
>>>> now only about a quarter mile across a creek from a rapidly moving<br>
>>>> city limits... Land around me that I grew up farming either as rented<br>
>>>> land or as custom work is now infested with houses... The chances of<br>
>>>> this place falling victim to the bulldozers just keeps increasing. In<br>
>>>> recent years the words "eminent domain" are getting tossed around more<br>
>>>> and more freely. (shrug)...<br>
>>>><br>
>>>><br>
>>>> .<br>
>>>><br>
>>>><br>
>>>> On Wed, Dec 11, 2019 at 10:40 AM Stephen Offiler <<a href="mailto:soffiler@gmail.com" target="_blank">soffiler@gmail.com</a><br>
>>>> <mailto:<a href="mailto:soffiler@gmail.com" target="_blank">soffiler@gmail.com</a>>> wrote:<br>
>>>><br>
>>>> Service pits are just pits. Stamping press pits support very<br>
>>>> large, very heavy equipment that creates high shock and vibration<br>
>>>> in service, enough to literally shake the ground, hence the<br>
>>>> recommendation for a soil study.<br>
>>>><br>
>>>> SO<br>
>>>><br>
>>>><br>
>>>> On Wed, Dec 11, 2019 at 10:17 AM Aaron Dickinson<br>
>>>> <<a href="mailto:a_dickinson@att.net" target="_blank">a_dickinson@att.net</a> <mailto:<a href="mailto:a_dickinson@att.net" target="_blank">a_dickinson@att.net</a>>> wrote:<br>
>>>><br>
>>>> I supect most service pits are shallow enough to not<br>
>>>> require a<br>
>>>> geotechnical report, however any building project’s<br>
>>>> foundation<br>
>>>> design (including service pits) is based on soil bearing<br>
>>>> capacity (at residential level often done by visiual or<br>
>>>> typical for area). When it doubt build for the lesser<br>
>>>> bearing.<br>
>>>><br>
>>>><br>
>>>><br>
>>>> *From:* James Peck <mailto:<a href="mailto:jamesgpeck@hotmail.com" target="_blank">jamesgpeck@hotmail.com</a>><br>
>>>> *Sent:* Wednesday, December 11, 2019 12:36 AM<br>
>>>> *To:* Antique Tractor Email Discussion Group<br>
>>>> <mailto:<a href="mailto:at@lists.antique-tractor.com" target="_blank">at@lists.antique-tractor.com</a>><br>
>>>><br>
>>>> I believe Cecil mentioned he was involved with things<br>
>>>> geotechnical. This talks about having a geotechnical report<br>
>>>> before designing a stamping press pit.<br>
>>>><br>
>>>> <a href="https://www.stampingjournal-digital.com/stampingjournal/20191112/MobilePagedReplica.action?pm=1&folio=26#pg26" rel="noreferrer" target="_blank">https://www.stampingjournal-digital.com/stampingjournal/20191112/MobilePagedReplica.action?pm=1&folio=26#pg26</a><br>
>>>><br>
>>>><br>
>>>> I wonder if such a report is used in designing tractor<br>
>>>> dealership service shops.<br>
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>>>><br>
>>>><br>
>>>> --<br>
>>>> --<br>
>>>><br>
>>>> Francis Robinson<br>
>>>> aka "farmer"<br>
>>>> Central Indiana USA<br>
>>>> <a href="mailto:robinson46176@gmail.com" target="_blank">robinson46176@gmail.com</a> <mailto:<a href="mailto:robinson46176@gmail.com" target="_blank">robinson46176@gmail.com</a>><br>
>>>><br>
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</blockquote></div><br clear="all"><br>-- <br><div dir="ltr" class="gmail_signature"><div dir="ltr"><div>-- <br><br>Francis Robinson<br>aka "farmer"<br>Central Indiana USA<br><a href="mailto:robinson46176@gmail.com" target="_blank">robinson46176@gmail.com</a><br><br><br><br><br><br><br><br><br></div></div></div>