ter Fanning, Saturday, November 1,1986-A29 Over 600 Acres Of Lancaster Co. Farmland Sold For $l.B Million BY IDA RISSER LANCASTER Fourteen tracts of southern Lancaster County farmland, formerly owned by Pennsylvania Power and Light Co. were sold here Saturday, Oct. 25. Prices ranged from $l,OOO per acre for a wooded tract with no buildings, to $10,300 per acre for a 13-acre piece with a house, bam and garage. The nine farm tracts sold for $1,852,000, while the five small tracts with houses totalled $245,000. Pennsylvania Power and Light was very pleased with the prices. Hundreds of people, including 130 registered bidders, attended the sale, which was held in a large tent set up on the tract at River and Anchor Roads. J. Omar Landis Auction Service of Ephrata con ducted the sale. PP&L will receive an award from the American Farmland Trust at the National Press Club in Washington, D.C. for donating development rights to the local farmland preservation board prior to the sale. Amish attending the sale did not purchase any farms because the prices were too high and the land was not near another Amish set tlement. Two farm tracts were purchased by Rep. John E. Barley and his brother Abram G. for $520,000. The 110-acre farm with two sets of buildings sold for $130,000 and the 75 acres with a house and barn for $220,000. B. Milton and Leßoy Funk of Funk Brothers Inc. produce bought three tracts: 45 acres with an orchard, house, barn and chicken house for $195,000; 70 acres with a tobacco shed but no house for $265,000; and 13 acres with the family homestead for $134,000. More than half of the land sold Saturday had been in the Funk family before PP&L purchased it in the 19605. At that time, the utility planned to build a power plant along the river. Cheryl and Quintin Frey, associated with Turkey Hill Dairy, purchased one 55-acre tract with a barn and corn cribs, but no house, for $160,000. Owners are permitted to build houses on the farms for themselves, their parents and their children. An anonymous buyer purchased three tracts through local attorney I. Roberts Appel 11. One farm with 104 acres and a house, tobacco shed, summerhouse and barn, sold for $288,000. A 94-acre tract with a house and barn brought $221,000. The third tract purchased by the attorney was a 69-acre piece with mostly woodland and no house for $69,000. Five small tracts with houses were auctioned in the afternoon. One brick rancher along River Road sold to Elaine S. Warner of Washington Boro for $50,000. Another went to Robert Van derPlate and I. Norman Geriach of Washington Boro for $50,000; and one rancher to Danielle B. and Janelle R. Funk of Washington Boro for $43,000. A frame house, formerly a schoolhouse, located along Anchor Road sold to John and Rita Young of Manor Township for $38,000. The final property consisted of a two story brick house on River Road and a frame barn which was sold to Thomas B. and Bernadette M. Funk of Washington Boro for $64,500. The prices, between $2,700 and $3,800 per acre, were within the range predicted by farm financers prior to the sale.
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