Hendricks County, Indiana
2024 Land Sales Report
Following consistent annual gains, Hendricks County land values rose again in 2024. Early indicators in 2025 hint at a more balanced market ahead.
If you’d like to get specific land values on your own property or a farm near you for 2025, please contact Johnny Klemme today at (765) 427-1619.
Average Price of Land*
$15,069/acre
Jan. – Dec. 2024*
As high as $20,480/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland was $15,069/acre and the price per productivity index point was $211.24 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $20,480 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, around 1,000 acres of land went up for sale in Hendricks County, Indiana, with the county ranking ninth in the state for the most acreage currently on the market. Among all the towns in the county, Brownsburg had the most land listed. Hendricks County covers about 408 square miles, making it the 40th largest county in Indiana, and it’s located right in the heart of Central Indiana.
The most recent USDA farmland census reveals that Hendricks County remains a major agricultural hub, with nearly 700 farms spread across about 200,000 acres – that’s roughly 84% of the county’s total land area. Interestingly, close to half of that farmland – about 100,000 acres – is managed using no-till conservation practices, which shows a strong local push toward sustainable agriculture. Like much of Indiana, the county has seen a gradual decline in the number of farms and total acreage since the last census in 2017, but overall farm production value has increased, thanks to improved efficiency and larger-scale operations. So, while there are fewer farms, they’re producing more. This trend is playing out across the state, where Indiana reported about 53,599 farms and over 14 million acres in farmland. Hendricks County stands out not only for how much of its land is still dedicated to agriculture but also for its strong adaption of soil-friendly farming practices.
Overview of Hendricks County Agriculture
Location and Geography: Hendricks County is located in central Indiana, just west of Indianapolis, featuring a mix of suburban development, open farmland, and gently rolling terrain. Its geography is well-suited for agriculture, with fertile soils and a temperate climate that support a variety of crops.
Major Crops:
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Corn is a primary crop in the county, grown extensively for grain, livestock feed, and ethanol production.
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Soybeans are widely cultivated and serve as an important source for both food products and animal feed.
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Wheat is also grown in rotation with other crops, contributing to food production and soil conservation efforts.
Hendricks County, Indiana, is home to a strong agricultural presence, with nearly 200,000 acres – about 84% of the county’s total land – dedicated to farming. The area supports more than 700 farms, many of which implement conservation-minded practices such as no-till farming and cover cropping. Corn and soybeans are the dominant crops across the county’s gently rolling landscape, with alfalfa also grown as a valuable forage crop. The county’s fertile soils, and access to regional infrastructure make it a productive and resilient farming region.
While land listings in Hendricks County are somewhat limited, demand remains steady. Most active listings consist of mid-sized parcels ranging from 10 to 60 acres, with average sizes around 12 to 32 acres. The number of available farms currently on the market is relatively small, but the county’s close proximity to Indianapolis and strong agricultural foundation continue to attract interest from both farmers and lifestyle buyers. As a result, quality farmland tends to hold buyer attention, even if properties stay on the market for several months.
History & Background of Hendricks County, Indiana
County Seat: Danville
Townships: Brown / Center / Clay / Eel River / Franklin / Guilford / Liberty / Lincoln / Marion / Middle / Union / Washington
History: Formed December 1823; the name comes from Governor William Hendricks.
Population: 174,788
Cities & Towns: Plainfield / Brownsburg / Avon / Danville / Pittsboro / Amo / Coatesville / Clayton / Lizton / North / Salem / Stilesville
Acreage: 261,000
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Hendricks County, Indiana.
The 2022 Ag Census for Hendricks County, Indiana, reported the following crop statistics:
Number of farms: 544
Land in farms (acres): 115,423
Average farm size (acres): 212
Total market value of products sold: $122,231,000
Government payments: $494,000
Farm-related income: $5,969,000
Total farm production expenses: $86,913,000
Net cash farm income: $41,781,000
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/cp18063.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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