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Three Reasons to Invest in Midwest Land
by Laura Mueller
The east and west coasts have always been popular hot spots for land purchasers and investors, but sometimes it pays to think outside of the coastal box. The Midwest, with its sprawling fields and rapidly growing urban centers, presents a ton of opportunity for savvy land purchasers read more…
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Indiana is the smallest state in America west of the Appalachian Mountains. For many years the center of the United States’ population was centered in the Hoosier State. The National Road, heading west, ran through Indiana in the 1830s and when the railroads started arriving a decade later there were so many in Indianapolis that the concept of a “union” station was invented. After that Indiana trumpeted itself as “The Crossroads of America.”
Like the quilts the Amish communities of Northern Indiana are famous for, the landscape of the Hoosier State is a patchwork of farmland and woodland. The Indiana land market is always primed with a rich variety of parcels from the rolling hills in the south to the flat prairie land in the central counties to the glacier-carved moraines hard by the towering sand dunes of the Lake Michigan shoreline in the north.
Rural property can be uncovered in every corner of the Indiana checkerboard. Water plays an important part in Indiana land purchases, whether for irrigation or recreational pursuits. The state boasts more than 1,000 lakes and some 24,000 river miles. Sixty-five of Indiana’s rivers have been designated for scenic beauty and the official state river, the Wabash, is the longest free-flowing river east of the Mississippi River. The 475-mile long Wabash drains some of the choicest farm, hunting, and recreation property in Indiana.
Of all its crops Indiana is most proud of the basketball players it raises. Several of its gyms have been designated national historic landmarks and the iconic sports movie, Hoosiers, was based on the real-life 1954 Indiana state high school basketball tournament. Even today Indiana sends more players per capita to the National Basketball Association than any other state. Don’t be surprised if the Indiana land you are looking at, even off the deepest of back roads, has a basketball goal on it.
Frequently Asked Questions
Indiana is a state in the United States situated in Northern America. It is a part of the Great Lakes area. Indianapolis is its capital and it is also the most populated city. Michigan, Ohio, Illinois, and Kentucky are its neighboring states. Fort Wayne, Carmel, and Evansville are some other important cities. The meaning of the state’s name is “Land of the Indians” or “Indian Land”.
Some Facts About Indiana
- The state motto is “Cross Roads of America”. The state has the most Interstate Highway miles per square mile.
- Over 105 species of trees are found in this state.
- Southern Indiana has rich deposits of limestone embedded deep inside the land. Several monumental buildings such as Pentagon, Empire State Building, and other government buildings are built using this limestone.
- “Circus Capital of America” used to be the state nickname.
- The people from Indiana are known as “Hoosiers” and the state is sometimes referred to as the “Hoosier State”.
- There is a town known as Santa Clause. It receives more than 400,000 letters from kids during Christmas time.
- It produces plenty of popcorn throughout the year. Around 20% of the country’s supply comes from this state.
- Indiana possesses 100 covered bridges. There are around 800 such bridges in the entire country.
- If you are a batman fan, you have to check this place out. A resident of Indiana holds the record for the most Gotham City souvenirs (around 2500). He even holds a record in the Guinness Book of World Records.
- Indiana hosts the greatest sporting event in terms of attendance. You probably must have guessed it. It is the Indy 500. About 350,000 spectators attend this historic event.
- Indiana is the place where baseball was born. The first baseball match was played in Fort Wayne.
Why Should One Buy Property In Indiana?
Indiana is a great place to settle. The people in the state are humble and always willing to lend a hand. 20% of the land in Indiana is forest and hunting is famous in this state. What is interesting is that this state has a high standard of living. Just like other famous states, Indiana also offers various shopping outlets and malls. There are many famous universities such as Butler University, Taylor University, University of Evansville, and the University of Notre Dame. The state has the world’s largest museum for children. The sports culture is famous here and Indiana has its own NBA basketball team, the Indiana Pacers.
How Is The Climate In Indiana?
Indiana, predominantly, has a humid continental climate. It receives a lot of rainfall averaging about 40 inches of rain per year. It does not matter if it is summer or winter, it can rain in any season. It snows in winters here. Snowfall is heavy in the northern region as compared to the southern. Summers, on the other hand, is hot and humid. The average wind speed is 8.9 miles per hour.
How Is The Real Estate Market Holding Up In Indiana?
Investing Indiana is a wise decision. This is because the prices are steadily increasing. Since the prices in urban states are increasing constantly, people are shifting their attention to states such as Indiana. Therefore, the home values in this state have seen an upward push. The average sales price has increased by a whopping 10% from last year. Currently, the average sales price is $220,500.
Houses are affordable and the value is anticipated to rise in the coming years.
What Is The Cost Of Living In Indiana?
The cost of living index measures the cost of living. The country as a whole has the cost of living as 100, then Indiana has the cost of living of 82. This means Indiana is cheaper than most other states.
Indiana is one of a kind. You need to visit and experience the state to know how wonderful it is!