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Old 11-22-2006 | 06:02 AM
  #15  
Parrot Head
Typical Buck
 
Joined: Feb 2003
Posts: 597
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From: Seymour IN
Default RE: borrowing money to buy land

Howler, my jaw is on the floor at those land prices. $315 an acre. There was a piece of land 90 acres that just sold down by me in SE Indiana. All hills and valleys, all woods no openings or building sites. $340,000. Another farm by where I live which was 190 acres and they already logged the snot out of it and 100 acres was prime farm ground, last year the guy got 240 bushel an acre in corn. It went for $590,000. A farmer bought it.
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