Marshall County, Indiana
2026 Land Sales Report
Marshall County farmland entered 2026 after a year in which northern Indiana land values remained historically strong. However, changing market conditions are creating a more selective buying environment, where location and agricultural potential can make a meaningful difference in pricing.
If you’d like to get specific land values on your own property or a farm near you for 2026, please contact Craig Stevenson today at (574) 870-4383.
Average Price of Land*
$10,575/acre
Jan. – Dec. 2025*
As high as $15,250/acre
in 2025*
Land Market Commentary & Local Trends
For Marshall County landowners, the 2025 sales data highlights a noticeable difference between average farmland values and top-performing properties. While sampled sales averaged $10,575/acre and $147.17 per productivity index point, select tracts brought as much as $15,250 per acre.
Since 1977, the Geswein Farm & Land Team has been advising landowners to be stewards of the land and make decisions based on most current, accurate, and relevant data. The information in this report can provide you with a rough estimate of your property’s value; however, understanding the specific characteristics of your property and how they compare to the other sales will provide the most accurate value of your property. Additionally, properties sold by land brokers via auctions or listings consistently outperformed individual to individual transactions and properties sold by traditional home realtors.
History & Background of Marshall County, Indiana
County Seat: Plymouth
Townships: Bourbon / Center / German / Green / North / Polk / Tippecanoe / Union / Walnut / West
History: Established in 1836, named for Chief Justice John Marshall
Population: 46,095
Cities & Towns: Argos / Bourbon / Bremen / Culver / La Paz / Plymouth
Acreage: 287,833
A County Where Agriculture, Industry, and Lake Country Meet
Marshall County offers a farmland market with a personality all its own. Located in north-central Indiana, the county brings together productive agricultural ground, established farming communities, manufacturing centers, and some of the region’s most recognizable recreational destinations.
From the expansive fields surrounding Plymouth, Bremen, Bourbon, and Argos to the lakeside community of Culver, Marshall County’s landscape reflects a combination of agricultural tradition and economic diversity.
Throughout 2025, farmland sales demonstrated the importance of quality, productivity, and location. While agricultural buyers continued to value productive acreage, differences in soil characteristics, field configuration, and surrounding land uses helped distinguish individual properties.
As 2026 has progressed, Marshall County has experienced notable developments involving economic investment, housing growth, and land-use regulations, creating an interesting backdrop for the local farmland market.
Agriculture Remains a Driving Force
Farming continues to be a cornerstone of Marshall County’s rural economy.
Corn and soybeans are prominent throughout the county, while livestock, hay, and other agricultural operations contribute to its agricultural diversity. Established family farms and larger commercial operations both play important roles in maintaining the county’s productive agricultural landscape.
For local producers, farmland ownership is often a long-term commitment. Additional acreage can provide opportunities to expand an operation, consolidate fields, or improve equipment and transportation efficiency.
Properties located near existing operations may be particularly attractive to neighboring farmers who understand the productivity and management requirements of the surrounding land.
This helps maintain agricultural demand even as other industries contribute to Marshall County’s economic growth.
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Marshall County, Indiana.
The 2022 Ag Census for Marshall County, Indiana, reported the following crop statistics:
Number of farms: 779
Land in farms (acres): 201,037
Average farm size (acres): 258
Total market value of products sold: $262,735,000
Government payments: $1,342,000
Farm-related income: $6,613,000
Total farm production expenses: $183,988,000
Net cash farm income: $86,701,000
Why Some Farms Stand Out More Than Others
Marshall County’s farmland market is a reminder that not every acre offers the same agricultural potential.
Highly tillable properties with productive soils, effective drainage, and efficient field layouts generally present a stronger opportunity for traditional agricultural buyers.
Other farms may contain wooded areas, wetlands, irregular fields, or varying topography that influences their overall usability.
Location also plays an important role. A farm with convenient access to major roads or neighboring agricultural operations may offer practical advantages that increase its appeal.
For landowners, these differences are important when evaluating farmland. A property’s marketability is often influenced by the complete combination of productivity, accessibility, condition, and location – not acreage alone.
What We’ve Experienced in 2026 So Far
As 2026 has unfolded, agricultural buyers have continued navigating an environment shaped by operating expenses, commodity prices, financing costs, and long-term profitability.
For Marshall County, these broader agricultural conditions reinforce the importance of productive and efficiently managed farmland.
Buyers have reason to remain thoughtful about potential acquisitions, particularly when comparing farms with different soil characteristics, drainage conditions, and operational requirements.
A property that can be incorporated into an existing farming operation with minimal additional expense may offer advantages over acreage requiring substantial improvements.
At the same time, Marshall County’s economic activity has continued providing another dimension to the local land market. Manufacturing investment, housing development, and infrastructure improvements are helping shape the county’s growth, particularly around its established communities.
These developments do not necessarily translate into higher agricultural land values, but they can influence how certain properties are viewed depending on their location and potential uses.
Manufacturing Investment Brings New Momentum
One of Marshall County’s notable economic developments during 2026 has been the continued growth of its manufacturing sector.
In March, the Marshall County Economic Development Corporation reported that the county experienced approximately $219 million in capital investment during 2025, supporting the creation of hundreds of jobs.
Major projects included expansions involving Southwire in Bremen and Sequel in Argos, highlighting the county’s ability to attract investment while maintaining its agricultural identity.
Marshall County’s location near the intersection of U.S. 30 and U.S. 31 also contributes to its accessibility and appeal for manufacturing and distribution businesses.
For farmland owners, this economic activity is worth watching. Properties near expanding communities, transportation corridors, or established infrastructure may have considerations beyond traditional agricultural production.
However, for much of the county’s rural acreage, farming remains the primary and most practical use.
2026 Has Also Brought Changes to Land-Use Discussions
Another significant development during 2026 involved Marshall County’s approach to large-scale energy and technology projects.
In April, county commissioners approved a permanent ban on data centers in areas under county zoning jurisdiction and advanced additional restrictions involving commercial solar development and battery storage.
These decisions reflect ongoing local discussions about protecting rural land, managing infrastructure demands, and balancing economic development with community priorities.
For agricultural landowners, such policies can be especially relevant when considering alternative uses for farmland.
While productive acreage remains important for traditional farming, zoning regulations and local development policies can influence which additional opportunities may be available to property owners.
Beyond the Fields: What’s Happening Around Marshall County
Bremen Is Preparing for New Housing Growth
In September 2026, state and local officials celebrated the groundbreaking of the Bremen GROWTH Project, a major initiative designed to expand housing opportunities and support the local workforce.
The project represents an important investment in one of Marshall County’s established manufacturing communities. For surrounding landowners, community growth and infrastructure improvements are developments worth following.
Lake Maxinkuckee Adds a Different Kind of Land Appeal
Marshall County is home to Lake Maxinkuckee and the town of Culver, where recreation, seasonal residences, and lakeside living contribute to a land market distinct from traditional agriculture.
While productive farmland remains the focus throughout much of the county, properties near recreational areas may appeal to buyers with different ownership goals.
Plymouth Remains a Regional Crossroads
Located near U.S. 30 and U.S. 31, Plymouth serves as an important center for commerce, employment, and transportation.
Its accessibility supports the county’s manufacturing and distribution industries while providing connections to surrounding agricultural communities.
Farmland Preservation Remains an Important Conversation
Marshall County’s 2026 decisions involving data centers, solar projects, and battery storage have brought renewed attention to rural land use.
For agricultural landowners, understanding zoning requirements and future development policies remains an important part of evaluating long-term property opportunities.
What Could Shape the Remainder of 2026?
As 2026 moves toward its conclusion, Marshall County’s farmland market will likely remain centered on productive acreage, efficient farming operations, and long-term ownership value.
Local farmers will continue watching for opportunities to expand, while buyers are likely to remain attentive to drainage, soil productivity, field configuration, and overall property condition.
Meanwhile, continued manufacturing investment, housing growth, and land-use planning may introduce additional considerations for properties located near expanding communities.
Looking Ahead
Marshall County’s farmland market reflects a county with several distinct strengths.
Agriculture remains an important part of its economic foundation, while manufacturing, transportation access, and recreational destinations contribute to its broader identity.
Throughout 2026, these different influences have continued shaping the conversation surrounding rural land.
For Marshall County landowners, understanding both the agricultural characteristics of a property and its surrounding economic environment can provide valuable insight into its market position.
As the county continues growing, well-managed farmland with strong productivity and practical agricultural advantages should remain an important asset within Marshall County’s changing landscape.
Sources / Citations:
Source 1:
“United States Department of Agriculture.” USDA, www.nass.usda.gov/Statistics_by_State/Indiana/Publications/County_Estimates/index.php#:~:text=Access%20Quick%20Stats%20Lite,to%20NASS%20Surveys%20and%20Programs. Accessed 5 October 2026.
Source 2:
“USDA.” 2022 Census of Agriculture County Profile, www.nass.usda.gov/Publications/AgCensus/2022/Online_Resources/County_Profiles/Indiana/cp18099.pdf. Accessed 5 October 2026.
*The transaction and land sales data/information contained in this report was obtained from publicly available sources and sales disclosures deemed accurate and reliable but not guaranteed, no liability for accuracy, errors or omissions is assumed by Geswein Farm & Land Realty, LLC
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