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Indiana Farmland Taxes Expected to Jump in 2014

By: Chris Veech

Updated: February 4, 2013

Hoosier farmers should be prepared to pay more in property taxes in the coming years. Purdue University researchers say the base rate for farmland in Indiana will jump from just over $1,600 an acre to $1,760 an acre in 2014. The base rate is the starting point for calculating taxes on farmland. Last year's drought will affect property taxes on farms but not until the 2016 billing cycle.

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