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How much does an acre of land cost in Indiana?

The statewide average value of transitional land was $17,759 per acre, a 17% increase from June 2020. Rural land purchased for recreational purposes nearly doubled from $3,876 per acre in 2020 to $7,486 per acre in 2021.

How much does a wooded acre cost in Indiana?

Sale price averaged $1,632 per acre and ranged from $819 to $2,637 (Figure 2). The bare land average value of $712 per A and was estimated by subtracting the allocated timber value from the allocated timber value.

What is the best app to find land for sale?

In order to help you get started, we’ve compiled a list of the best platforms featuring commercial land for sale on the market:

  • LoopNet.
  • Land And Farm.
  • LandWatch.
  • LandSearch.
  • Catylist.
  • Craigslist.
  • LandLeader.
  • CREXi.

What is the largest real estate company in Indiana?

F.C. Tucker Co. Inc.
According to IBJ.com, the largest real estate company in Indiana is F.C. Tucker Co. Inc. Who are the top selling Realtors? According to NewsWeek, the top selling realtor in America in 2021 was Alexa Lambert with over $760M in volume.

Who owns the most land in Indiana?

Indiana. Tom Farms, owned by Kip Tom, is the largest private landowner in Indiana. Tom Farms owns 20,000 acres in Indiana and Brazil.

How much is an acre of land worth 2021 Indiana?

– The Purdue Farmland Value and Cash Rents Survey suggests farmland prices across Indiana have risen to all-time highs in June of 2021. Statewide, top quality farmland averaged $9,785 per acre, up 14.1% from the same time last year.

Where is the best place to buy land right now?

The Top 9 Best States to Buy Land in 2021

  • Arkansas.
  • Tennessee.
  • Utah.
  • Arizona.
  • Oregon.
  • West Virginia. Enjoy the endless mountains and land for sale in West Virginia.
  • Kentucky. Land in Kentucky is its most valuable asset.
  • Texas. If you are looking to create a farm or a ranch, Texas is the state you should focus on.

Is Landwatch com legit?

Total scam. “I have reach out to these supposed agents multiple times. My inquiry is either completely ignored, or responded to with such absurd and unreasonable information it is clearly not real.”

How much does it cost to build a home in Indiana?

Hard Costs The median cost of new housing construction for the past two years in Indianapolis is $132.11 per square foot. This is lower than the national average of $138 per square foot. Estimates from BuildZoom bids place the price of value-conscious homes at $110 per square foot.

Are new builds a good investment?

Overall, new-build properties are more expensive. Their prices are relatively high, contributing to lower rental yields and potentially diminished capital growth for landlords and investors. However, whilst the financial cost is the most glaring downside when purchasing new-build properties, it is not the only one.