Bought our 192 acres in 1994 for ~ $110K. 80 acres of mixed hardwood, 110 acres open pasture/cropland, 45 of which is flat, creekbottom ground that was in corn/soybean rotation when we bought it. Two 3/4 acre ponds, no fences, no house.
Wife & I are both veterinarians, but she was stay-at-home mom for our 4 kids, and managed our beef herd, which grew from 5 to 80 cows, for 25 years. Won't lie, got a nice inheritance when my parents sold some properties, that paid the note on the farm. We would have managed just on my salary, but not having that part of the mortgage payment made a big difference.
This one sold last summer, about 3 miles up the highway, away from town - think the Amish/Mennonites bought it. 104 acres, all open. Brought $800K (~$7700/acre). I can't even imagine.
ABSOLUTE LAND AUCTION Thursday, July 1st at 6:00 PM 104 +/- ACRES IN 2 TRACTS ALONG PRINCETON ROAD **LIVE AUCTION HELD AT THE SILO EVENT CENTER 110 JOHN RIVES RD, HOPKINSVILLE, KY 42240 **SIMULCAST BIDDING** PRE-BIDDING STARTS 06/24/2021 ON OUR WEBSITE! **Approval Form & Deposit Due By...
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