Well, It don't really answer the question I have, in fact that makes me have more questions. Why is farmland assessment based on productivity of land and soil, but my home is assessed based on value of what homes like mine sold for recently? Why do we not assess farmland based on what the...
Send her an email....or call her. Nicki is a nice lady. Her email is nlawson@co.hendricks.in.us
Just curious, what would you ask the assessor? Pretty much everything is available on Beacon.
No, I know who is buying.......a lot of them are my friends and customers buying. In fact my best buddy bought one of these tracts and paid $680,000 for it, he turned and sold it a few days later to the same farmer who had bought a couple of the other tracts. My buddy got nervous after he bought...
I don't think there are houses on the 3 tracts I posted links to. You can click map and see the tracts from satellite. Here is a link to the auction listing and tracts.....https://www.lawsonandco.com/wp-content/uploads/2023/05/MEECE-RE-auction-booklet-2023.pdf
All together it brought in around...
I don't know where you are getting this from. I have seen it.....I have been to multiple auctions and seen FARMERS paying $15-30K per acre regularly. Here is one of the tracts...37 acres, $860,000 at the auction...
Well of course I wouldnt..........but the thing you are missing is FARMERS is who are paying $15K an acre for the farm land. My stance is by taxing it at a fair value, you would decrease what farmers will pay per acre, thereby decreasing the tax they would pay and the cost to operate and make a...
I do not see how taxing farm land in Indiana, for its true value, would effect world commodity future prices.........but I could be wrong.
By taxing farm land at true/fair value, I would think it would help the smaller farmers in the end. If the tax makes corn/beans unprofitable....that means...
No, not at all. We all know any farm land is valued at $15K and up per acre, as farm land. I have been to many farm auctions the last year......and I have seen no land sell for under $15,000 per acre, and farmers is who buy it. So farm land does have value as farm land. We should tax it as such.
You and I will just have to agree to disagree on this. Futures market is based on world commodity pricing. I seriously doubt if we tax farm land in Indiana at it's true value....that the commodity futures market even notices it, when you are talking world pricing. And as for contract...
Why would we drive up food costs? Farmers are one of the few professions in this world where you spend your money 6-8 months before you ever know if you will make even $1, and you will be paid for your product a price that others determine, not what you want for it. Yeah, if the chicken company...
Oh no, not at all. They are probably correctly assessing it at the max possible.........but for FARM LAND. My only allegation is no allegation at all........it is a known fact that any of you can confirm. 28 acre farm paid $600 a year tax.....but sold for $1,800,000. It had assessed value of...
A farmer cant just raise the price the market is paying for corn, wheat, beans or to rent his land. The rent is gonna be based on what the renter can afford and the renters need. It all has a limit though. You are not gonna pay $300 an acre rent if you can only make $200 an acre off the crop.