Hay & Alfalfa Farmland in Indiana

Hay & Alfalfa farmland in Indiana for a Over 1,000 Acres parcel costs approximately $6,914 per acre, with a total investment of $13,828,000. The estimated annual ROI is 2.8% with cash rent of $277 per acre.

Indiana has 56,800 farms with an average size of 259 acres. Farmland prices average $8,800 per acre statewide, with 3.5% year-over-year appreciation. Cash receipts total $12.4B annually.

The estimated annual ROI is 2.8% for a Over 1,000 Acres parcel, generating $384,000 in annual income ($192 per acre). The 5-year appreciation estimate is 1298.0%.