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Old 08-04-2011, 09:56 PM   #14
elderboy02
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Default Re: Any advice on buying land?

Quote:
Originally Posted by chippewastud79 View Post
Despite thinking it is country, I would still check the restrictions. Just because you think you are miles from the closest person, doesn't mean you can just shoot anything you want. I know people who live 25+ miles from any 'civilization' who aren't legally allowed to have bon fires (not to say they don't, but it is illegal). Also, if you are buying the land for a shooting range, its probably not worth it. If it is a plot of flat land, with no water, you aren't looking at any appreciation unless developments start to pop up all over the place. Mineral rights are negligible, as you aren't likely to find any that weren't known about prior to the sale, SW Indiana is certainly not the hotbed of diamond or gold. The key to owning open land is getting in the way of progress, from the sounds of it, you won't be near any progress anytime soon. It sounds like it is too small for a ATV track or hunting, particularly depending on how it is plotted, so unless you are planning on building, I would probably pass. Unless it was less than ~$300 an acre, I wouldn't even consider it, sight unseen of course.
Yeah, it is in SE Indiana. I know my cousin's husband hunts on the property that they live on that is on the same road. I wouldn't primarily use it as a shooting range, just every now and then. We are hoping to pay only around $2k/acre max.
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