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Indiana Real Estate and Farm Auctions

Posted in: Land and Real Estate Auction
By United Country Certified Real Estate
Aug 5, 2010 - 7:48:31 PM

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Indiana Real Estate
Auctioneers commonly conduct Indiana real estate auctions that assist sellers of Indiana land and farmland to fetch top dollar for their properties.  Certified Auctioneers from United Country Real Estate conduct land auctions in Indiana and throughout the United States.  Nicknamed the Hoosier State, the population of Indiana is over 6.5 million.  Indianapolis, the capital and largest city, is home to over .8 million with over 2 million residents in the metro area.  Nonetheless, many communities are rural and the average age of a farmer is 55 years. 


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Indiana Farm Land Auction
Considered "The Crossroads of America," real estate in Indiana covers 36,420 square miles of variable terrain.  Because of 794,994 acres of highly productive Miami soils and other prime farmland soils, Indiana farmers rank high nationally for agricultural production.  Corn, soybeans, and winter wheat grow well in the flat areas of Miami soils and the steeper areas serve well as pasture, hay land, or woodland.

Agriculture plays a vital role in the economic stability of Indiana.  Agriculture is a large and diverse industry with 60,938 farms containing 15.2 million acres of Indiana farmland.  The average Indiana farm size is 240 acres.  In 2009, Indiana ranked No. 8 in the nation with $7.1 billion in crop sales and No. 19 for livestock with $2.9 billion in sales. 

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Indiana Property Auction
Major agricultural outputs from Indiana farmlands are corn, soybeans, wheat, tomatoes, peppermint, and spearmint.  Other major industries include manufacturing, mining coal and limestone, and steel.

The growing season ranges from 160 to 190 days.  The average annual rainfall ranges from 36 inches in the north to 46 inches in the south.  Normal temperatures are 70-80 degrees F in the summer and 25-35 degrees F in the winter.  The altitude varies from a high of 1,257 feet above sea level in east central Wayne County to a low of 320 feet in southwestern Posey County.

Although Indiana ranks 38 of 50 states in size, it challenges the best-growing states for many outputs.  In 2008, farmers had cash receipts from the sale of all commodities (crops and livestock) totaling $9.9 billion. 
Compared with other states in the nation, Indiana ranks as follows:
  • No. 1 for Ducks
  • No. 2 for Popcorn
  • No. 2 for Ice Cream, both regular and fat free
  • No. 2 for Tomatoes, processing 249,000 tons annually
  • No. 2 for Layer Chickens
  • No. 3 in total number of Eggs
  • No. 4 for Soybeans, producing 211 million bushels in 2007
  • No. 4 for Peppermint, producing 293,000 pounds
  • No. 5 for Spearmint, producing 81,000 pounds
  • No. 5 for Corn, producing 960 million bushels in 2007

Indiana communities and farms are located in the 92 counties listed below:


Bordering states are Ohio to the east, Kentucky to the south, and Michigan and Illinois to the west and northwest.

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Indiana Auction Company
United Country Real Estate has offices in the following Indiana towns:  Bloomington, Franklin, Indianapolis, Roanoke/Huntington, and Salem.  We also enjoy a cooperative relationship with Coffey Realty and Auction, 6391 S Old State Rd 37, Bloomington, IN 47401. Ph: 812-824-6000.
 
For more information about land auctions and Certified Auctioneers, contact United Country Certified Real Estate at 229-726-0065 or call toll free at 800-711-9175.


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Equestrian farm for sale

   

 

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