Indiana Farmland Auctions Set for October 2026
Nearly 2,900 acres of farmland are scheduled to be auctioned in Indiana during October 2026. The listings span 22 counties and range from 20 to 331 acres. Wayne County is one of the areas where a diverse 224-acre property near Centerville will be offered in eight tracts via hybrid auction on Oct. 14 at the Wayne County Fairgrounds in Richmond.
The property, handled by Schrader Real Estate and Auction Company on behalf of the Gregory and Teresa Brewer farm, features several tracts enrolled in the Conservation Reserve Program (CRP) through September 2027, as well as approximately 59 acres enrolled in Indiana's Classified Forest and Wildland Program. This makes it unusual for the area, according to Andy Walther, an Indiana and Ohio land broker with Schrader Real Estate and Auction Company Inc.
The property has been in the same family for about 60 years and enrolled in CRP for roughly 40 years. If a buyer chooses to take eligible acreage out of the program, Walther anticipates livestock production could be one potential use. Other portions of the property, including quality timber on Tracts 7 and 8 and potential building sites, are attracting a range of prospective buyers.
The Indiana farmland auction calendar in October includes 25 sales across 22 counties, with properties coming to market from St. Joseph County in northern Indiana to Knox and Lawrence counties in the southern part of the state. The offerings are distributed broadly across Indiana rather than concentrated in one region, giving buyers opportunities throughout much of the state.
Indiana farmland values are holding steady as the market moves into the fall selling season, supported in part by recent improvements in commodity prices. According to Michael Langemeier, professor of agricultural economics and associate director of Purdue University's Center for Commercial Agriculture, land values are holding steady right now in Indiana and across the Corn Belt.
Langemeier said Purdue researchers are paying particular attention to the relationship between expected crop prices and production costs as they assess where the farmland market could head next. They are closely monitoring breakeven prices for corn and soybeans and comparing these breakevens with projected prices, while also watching interest rates.