You have always had a dream of owning your own rural home or farm. You may see some enticing listing of Indiana land for sale .. but should you immediately jump in and buy it? Not so fast … there are things you need to take into consideration.
That is where we come in to help you. There are a few items to ponder. Read on to learn more.
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What Kind of Zoning Restrictions Are There?
The local Indiana authorities have very set ideas and guidelines about what can or cannot be built in the area. Those guidelines are present in their zoning restrictions. Find out what kind of acreage the place is and then determine if you can build the type of property you can want.
It’s important to know what kind of future things can be built in the surrounding area. You would likely find it very annoying if an airport was built close to your place. Yes, it would save travel time but you’d have to hear planes flying around all the time.
Are There Any Environmental Concerns?
Are there things going around your area that would make life less than ideal on your new land? Are there fumes coming from buildings? Do farm animals make a lot of noise near you?
Find these things out before you buy the property. Once you are there, you might have to invest in vents and earplugs. That would not be fun for you.
Will You Need an Easement?
Do you have to cross over other land to get to yours? Is it the same for people going to theirs? You can look into easements?
You need to make sure that the title insurance has that listed. Also be sure to find out if there are any restrictive covenants and conditions.
What About Natural Hazards?
There may be some natural issues with the soil … such as asbestos in rocks, which occurs naturally. Are there protected habitats? Those will need to be disclosed.
Also, you need to get a private pond for things like fire, since a fire department may not be close by. See what the survey says.
It may seem like there are a lot of things that could dissuade you from buying the land. This is just part of purchasing real estate, though, whether in Indiana or elsewhere. Knowing these things ahead of time can make life much easier for you.