October 9, 2024
How to Sell Indiana Land in a Trust?
Indiana, the Hoosier State, is known for its diverse landscape, from rolling hills to fertile farmland. The state's agricultural heritage runs deep, with nearly two-thirds of its land dedicated to farming. According to the USDA National Agricultural Statistics Service, as of 2023, the average value of Indiana farmland was $9,130 per acre, marking a substantial 19.7% increase from the previous year. This upward trend in land values underscores the potential for landowners, including those with property held in trusts, to capitalize on their assets.