Marion County, Iowa Land Sells for $21,500/Acre
November 2021
On Monday, November 15th, Steffes Group sold 51.51 surveyed acres in Marion County, Iowa for an incredible $21,500/Acre.
The land is located 1 ½ miles south of Pella, IA on 250th Avenue and included 48.71 tillable acres with a Corn Suitability Rating 2 (CSR2) of 87.5 on the tillable acres, averaging $260/CSR2.
The live auction took place in the Vermeer Room at the Central College Campus in Pella, IA where a room of local competitive bidders gathered to bid on this highly productive ground. Three live bidders continued to bid after the auctioneer had passed the $20,000 mark. 20 additional bidders joined online, from 5 states including Iowa, Minnesota, North Dakota, Nebraska, and South Dakota.
To view full details on this auction, click here.
