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Land Tenure Still, 52% of ag land is operated by part owners, and less than 10% of ag land is operated by someone who exclusively rents land. Overall, this amounts to 39% of all acres being leased. Twenty-eight percent of farms operate partly or entirely on rented land.
Indiana's Land Market: An Overview Proximity to major Midwest cities like Indianapolis and Chicago contributes to demand. Urban and suburban plots often sell for higher premiums, while remote rural lands may trade for lower prices per acre depending on terrain, infrastructure access and other variables.
The average size farm in Indiana was 279 acres per farm, up 5 acres from 2023. The number of farms in the United States for 2024 is estimated at 1,880,000, down 14,950 farms from 2023. Total land in farms, at 876,460,000 acres, decreased 2,100,000 acres from 2023.
The average size farm in Indiana was 270 acres per farm, up 1 acre from 2021. The number of farms in the United States for 2022 is estimated at 2,002,700, down 9,350 farms from 2021. Total land in farms, at 893,400,000 acres, decreased 1,900,000 acres from 2021.
Gates. There is an interesting map of Mr. Gates' land holdings by state. He owns 17,940 acres in Illinois; 9,136 acres in Indiana; 14,828 acres in Florida; 69,071 acres in Louisiana; 25,750 acres in Arizona; 16,097 acres in Washington State; and one acre in New Mexico.
The 2024 average Indiana farm real estate value, including land and buildings, averaged $8,510 per acre, ing to Nathanial Warenski, State Statistician, USDA NASS, Indiana Field Office. Farm real estate values in Indiana were up 3.0 percent from 2023.
Mega-farmer Kip Tom, who operates more than 20,000 acres in Indiana and Brazil, was chosen by the White House to attend the speech and to serve as a living example of the peril of the “death tax.”
90% of the farms in Indiana are family owned and operated. Tom Farms, owned by Kip Tom, is one of the largest private landowners in Indiana ing to this 2017 article.
Tom Farms, owned by Kip Tom, is the largest private landowner in Indiana. Tom Farms owns 20,000 acres in Indiana and Argentina.