Tag: Farmland
(The following is a commentary from Kip Tom) As many of you know, the role electricity and all other utilities play in our daily lives is critical to our families, businesses and economic growth. But with growth comes increasing demand and often the need for utility expansion. With little notice to landowners, NIPSCO appears determined …read more.
A Purdue University survey shows that Indiana farmland values have continued to increase despite last summer’s severe drought, and farm managers and rural appraisers from across the state expect the trend to continue. The results of the survey, conducted at a Feb. 5 meeting of the Indiana Chapter of Farm Managers and Rural Appraisers, closely …read more.
Despite a season of drought and poor harvest, Indiana’s farmland owners will pay higher property taxes in 2014. According to Purdue Extension agricultural economist Larry DeBoer, the higher tax rate comes on the heels of an increase in the base rate for assessed land value. The base rate, which is the starting point for calculating …read more.