Jasper County Democrat, Volume 14, Number 93, Rensselaer, Jasper County, 2 March 1912 — Sparling Farm Sold for $175 Per Acre. [ARTICLE]
Sparling Farm Sold for $175 Per Acre.
The Sparling farm of 237% acres, lying just southwest of town, was sold Wednesday to Michael Kanne for $175 per acre,, or a total of $41,562.50. The falm has been in the Sparling family Since 1855, when it was purchased from the government by the grandfather of S. E. Sparling, who sold it to Mr. Kanne. The farm is well improved, fenced in 21 fields with hog tight fencing, and has one of the best barns on it in the counity, it costing over $3,000. Mr. Sparling has followed dairying and had the farm well stocked, but was carrying a pretty heavy load of debt, he having bought out his brother Bert’s interest in the farm about a year ago, and it is understood that the farm was encumbered for $26,000. Mr. Kanne, the new owner, came here from Illinois a few years ago and bought the James D. Babcock farm, which adjoins the Spraling farm, paying sllO per acre, we believe, for the 215 acres, which was considered a big price at the time, but is not in it with present prices. Mr. Sparling will have about $lB,000 for his equity in the farm, we understand, besides the personal property, which he will sell shortly at public sale, and which should bring several thousand dollars.
