Real Estate Agent
Raised on grain and livestock farm in Wabash County, IN, Larry Smith worked in a grain elevator and feed manufacturing, livestock feed marketing business for 8 years before joining The Halderman Companies. Larry is a graduate of Purdue University with a Bachelor of Science degree in Agricultural Economics. He has been an employee of the Halderman Companies since 1978.
Larry serves clients in Northwest Indiana by performing real estate sales. He is involved in the American and Indiana Societies of Farm Managers and Rural Appraisers.
Phone: 219.716.4041 Email: larrys@halderman.com
YEARS OF AG
REAL ESTATE
EXPERIENCE
LaPorte, IN - 151.48 Acres
Highly Productive Farmland, Great Investment Potential
Anchor points indicate the latest upcoming real estate listings and sales results for the past few years.
Auction or Private Sale
Our recommendation is that you enter the sale process with an open mind. If asked, Halderman will make a recommendation as to which type of sale is best for your farm. This recommendation is based on the method we think can best achieve your goals and the property itself. Some farms naturally lend themselves to one type of marketing system. For example a bare 80 acres in a location that typically has a lot of competition is likely a good auction candidate. In contrast, a highly improved swine operation is probably better sold as a going concern via private treaty.
Should I sell my farm?
This is a question only you can answer. Halderman Companies can help you determine what you might expect in terms of sale price and can describe the current marketplace vs the historical trends. We can also help you think about tax scenarios and family estate planning issues and put you in contact with attorneys or accountants, if needed. Once you have the information you can make a more informed decision on the timing of a sale.
What is a fair price?
Prior to selling Halderman can assist you in determining a sale price range and even complete an appraisal, if necessary. Using this information we will assist you in determining an asking price in a private sale scenario and a release price for an auction sale. Of course the fair price is determined ultimately by the market where a willing seller and a willing buyer agree on a price and terms. This can be achieved via a well marketed auction where there are a number of bidders in attendance and active bidding. It can also be achieved via private sale marketing and subsequent negotiations.
Our agents list and sell all types of real estate: live, online or sealed bid auctions, acquisitions or private sales. After thoroughly evaluating the property and engaging in discussions with the client, we will confidently recommend the most effective method of sale tailored to their needs. We are dedicated to ensuring a smooth and successful transaction that exceeds expectations.
I recently had the pleasure of working with Larry Smith at Halderman Real Estate to sell my family-owned farmland. I met with agents from several real estate companies. Larry’s professionalism, knowledge of the farmland market, especially in the area surrounding our land, his knowledge of auctions, and years of experience became readily apparent. Choosing Larry and Halderman was an easy choice, one for which I have no regrets.
Larry’s communication with us during the time leading up to the auction was excellent. He kept us informed of his marketing efforts, shared feedback from interested parties, explained the details of how the auction would work, what to expect during the online auction, what would happen after a successful auction, and the closing timeline and process. He kept us abreast of the various legal documents and signature requirements. During the entire 5 month period from initial zoom meeting to the closing on the farmland, Larry was always available to answers any questions we had and was prompt in his responses.
Wabash, IN - 76.00 Acres
Productive Farmland, Mostly Tillable, Road Frontage, Waterfowl Hunting
LaPorte, IN - 267.27 Acres
Productive Farmland, Managed Woods, Future Development Potential, Potential Building Sites
LaPorte, IN - 76.00 Acres
Productive Farmland
LaPorte, IN - 70.13 Acres
Rural Farmstead with Brick Farmhouse, Tillable Land, Woods, Potential Building Sites, Restoration or Multi-use Opportunities, Numerous Outbuildings
LaPorte, IN - 40.00 Acres
Rural farmstead, Potential building site, Good Farmland
Starke, IN - 317.00 Acres
Productive Farmland, Mostly Tillable, Wetlands
Starke, IN - 276.75 Acres
Wetland Reserve Program, Hunting, Recreational, Frontage Along the Kankakee River 16,000 trees planted in 2019
Lake, IN - 166.55 Acres
Tillable Cropland, possible development potential subject to Zoning approval
Starke, IN - 431.92 Acres
Quality farm land, could be irrigated, large woods
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Our team is deeply rooted in agriculture, bringing together multi-generational farmers, landowners, agribusiness experts, and ag brokers who confidently call this area home. We have a thorough understanding of the local economic landscape, encompassing soil productivity, inflation impacts, interest rates, and cash rents. We recognize the unique challenges and opportunities that our counties present, and we know that the best solutions often start with a thoughtful conversation.
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