Blackford County, Indiana
2024 Land Sales Report
In Blackford County, price per acre rose again in 2024, but early 2025 trends suggest the market may be entering a more balanced period.
If you’d like to get specific land values on your own property or a farm near you for 2025, please contact Ryan Kull today at (812) 881-6575.
Average Price of Land*
$8,466/acre
Jan. – Dec. 2024*
As high as $15,463/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland was $8,466/acre and the price per productivity index point was $133.64 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $15,463 per acre.
Since 1977, the Geswein Farm & Land Team has been advising landowners to be stewards of the land and make decisions based on most current, accurate, and relevant data. The information in this report can provide you with a rough estimate of your property’s value; however, understanding the specific characteristics of your property and how they compare to the other sales will provide the most accurate value of your property. Additionally, properties sold by land brokers via auctions or listings consistently outperformed individual to individual transactions and properties sold by traditional home realtors.
According to Land.com, about 1,000 acres of farms, hunting land, and other rural properties were listed for sale in Blackford County, Indiana, with a total value around $11 million. The county currently ranks 82nd out of Indiana’s 92 counties for the amount of land on the market. Among the areas in Blackford County, Hartford City had the most land available. Covering just 165 square miles, Blackford County is one of the smallest in the state and is located in Indiana’s eastern region.
The most recent USDA farmland census reveals that Blackford County remains deeply rooted in agriculture, with most of its land still devoted to farming. Earlier data showed that around 80% of the county – over 84,000 acres – was farmland, primarily used for growing corn and soybeans. The county also had significant livestock presence, with more than 24,000 hogs reported back in 2007. The newest USDA Census of Agriculture continues to show trends seen statewide: fewer farms overall, but larger in size and more productive. In fact, Indiana lost about 370,000 acres of farmland between 2017 and 2022, yet farm income grew significantly – suggesting that operations are becoming more efficient.
Overview of Blackford County Agriculture
Location and Geography: Blackford County is located in east-central Indiana, bordered by Wells, Jay, Delaware, and Grant counties, and features mostly flat to gently rolling terrain typical of the region’s glacial plains. The county’s geography, with its rich soils and moderate climate, makes it well-suited for row crop agriculture.
Major Crops:
- Corn is widely grown in the county and is primarily used for grain, livestock feed, and ethanol production.
- Soybeans are a staple crop, valued for their versatility in food products and livestock feed.
- Wheat is also cultivated, often used in crop rotation to promote soil health and produce flour for food markets.
Blackford County, Indiana, has a strong agricultural identity rooted in its flat, fertile landscape that supports productive row crop farming. The county is home to a number of farms focused primarily on growing corn, soybeans, and wheat, with corn and soybeans making up the majority of planted acres. The area’s glacial soils and favorable growing conditions make it ideal for large-scale crop production, and agriculture continues to play a significant role in the local economy and land use. Farmers in the region often implement crop rotation and conservation practices to maintain long-term soil health and sustainability.
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While the total acreage of land currently on the market in Blackford County is relatively modest, there remains consistent interest from buyers seeking quality farmland. The county ranks toward the lower end statewide in terms of total acres for sale, reflecting both limited supply and steady demand. Most of the available listings are concentrated around Hartford City, the county seat and largest community. Although not as competitive as some neighboring counties, the land market in Blackford County continues to draw attention from local farmers, investors, and those looking for affordable rural property in east-central Indiana.
History & Background of Blackford County, Indiana
County Seat: Hartford City
Townships: Harrison / Jackson / Licking / Washington
History: Formed April 1838; the name comes from Judge Isaac Blackford, Indiana’s first speaker of the General Assembly and longtime Chief Justice of the state Supreme Court.
Population: 12,112
Cities & Towns: Hartford City / Montpelier / Shamrock Lakes
Acreage: 105,000
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Blackford County, Indiana.
The 2022 Ag Census for Blackford County, Indiana, reported the following crop statistics:
Number of farms: 217
Land in farms (acres): 75,340
Average farm size (acres): 347
Total market value of products sold: $78,176,000
Government payments: $408,000
Farm-related income: $1,838,000
Total farm production expenses: $56,590
Net cash farm income: $23,832,000
Sources / Citations:
Source 1:
“United States Department of Agriculture.” USDA, www.nass.usda.gov/Statistics_by_State/Indiana/Publications/County_Estimates/index.php#:~:text=Access%20Quick%20Stats%20Lite,to%20NASS%20Surveys%20and%20Programs. Accessed 2 July 2025.
Source 2:
“USDA.” 2022 Census of Agriculture County Profile, www.nass.usda.gov/Publications/AgCensus/2022/Online_Resources/County_Profiles/Indiana/cp18009.pdf. Accessed 2 July 2025.
*The transaction and land sales data/information contained in this report was obtained from publicly available sources and sales disclosures deemed accurate and reliable but not guaranteed, no liability for accuracy, errors or omissions is assumed by Geswein Farm & Land Realty, LLC
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