750 Acres Sells for $4.5 Million

first_imgFile ImageRIPLEY COUNTY – More than 750 acres of land in Ripley County are off the market.Columbia City, Indiana based Schrader Real Estate and Auction Company says eight buyers purchased the land for a total of more than $4.5 million.Schrader, which marketed the land and conducted the auction, says nearly 80 bidders competed for 16 tracts of land.R.D. Schrader, president of the company, says there is still solid demand for farmland.Schrader says the following day, more than 400 acres of farmland in Ohio sold for nearly $4 million.last_img