Combines Five JD 45 Combines Near Indianapolis

What type of ground goes for $25,000 dollars an acre. I just can't fathom that. In my part of the country you can buy 1,000 acres for the price of that 38 acres. What do ya'll get for cash rent up thereIJ Have a good one.

A place where a developer comes in scrapes off the topsoil, builds new houses. (Then sells the topsoil to the owner of a new house in another development who is try to grow grass on subsoil.) Thats where they get $25000.00 an acre. My Father's farm is about 35 miles Northwest of Indy. There are Farmers in his area, which sale off land for houses that are getting $20,000.00 for the first acre. Then they get $5,000.00 an acre for any acreage over that. The farm The Red is talking about is about 10-15 minutes North of Indianapolis, Right along I-74. Ive watched is guy farm this field for 30+ years. Seems like hed run one of the 45s until it wore out. Then park it in the corner of the field. Then get another run it and so on. Probably lost an acre of the field over time to parking worn out equipment. But, in the end it looks like his most profitable crop is going to be houses

Danny punch below. Is this the correct farm with the odd triangle shaped fieldIJ

Cash rent in Hendricks County (county just west of Indianapolis) runs between $150-200. The Starkey family, who farms near this field, sold 232 acres and turned around and bought around 2,600 acres of Illinois farmland for around $2,600 per acre. I'll let you figure out the math on what they got on the 232 acres. It is a whopper of a number!!

That'd be the one. I've been going by it on and off for 30+ years. Used to ride along with Dad when he took a load of Hogs to the old Stockyards on Kentucy Ave in Indy. I can remember when the only thing along there to was The Eagle Creek Dam. The log Cabin across the Interstate from Dam. And the Clemont Golf corse. But anytime I'd drive by that little field, I'd look to see what new_old piece of equipment he'd added to the colection. He's also got quite a colection of old small gravity bed wagon too. Pretty soon we'll have houses all the way out to Pitsburo. Jeff Gordan's old home town. (Just a little triva there for anyone who might care.)

Hmmmmmmm. I could use another gravity wagon or two. I'll make it a point to get out there this week.

I guess because the ground you all farm up there produces more than ours is the main reason why is is so much higher. Down here in NE Texas farm land may go for $500-$700 dollars an acre sell price and $30-$40 cash rent, depending on who you rent it from. Over the last few weeks I've read your posts saying you will average around 40-50bpaIJ This year is worse than '98 and '99 for us. Some are lucky to average 10bpa. A lot won't average that. I've never seen soybeans wilt and die like I have this year. A few group 3's that were planted in early March did okay, but other than that if you didn't have irrigation it was a sad situation. I hope ya have a good harvest!

Thank you. Harvest was complete about 2 weeks ago. I wasn't out for the corn shelling. The 700 acres of beans varied from 50bpa to 30bpa on the very late plantings. The July plantings ran around 10. Once you get away from Indianapolis, farm ground runs anywhere from $1,500 an acre up to around $3,000 depending on the variables.