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Rural Living and Outdoor Adventure Found in Indiana
29.06.10
The Ohio River winds its way for nearly 1,000 miles through the eastern part of the U.S., starting in Pittsburgh, Pennsylvania and finally merging into the Mississippi River in Cairo, Illinois. Before the Ohio River ever joins the muddy waters of the Mississippi River, however, there is a quiet little town along the riverbank in Indiana.
One town is named Magnet. Life is slower in Magnet, Indiana. Farmers tend their corn fields, the local boys offer their services mowing lawns, and the women still can and freeze the vegetables they harvest from their gardens. For fun during the week, dogs jump in ponds and chase frogs. Sometimes they chase skunks and those endings are not always happy. On weekends, residents open the garage and roll out their speed boat. The boat either goes on the river or to nearby Patoka Lake, 8800 acres of water on a 26,000 acre park that includes hiking trails, bicycling, golf, and camping.
If you want to buy real estate in this town, forget it. The nearest house available is about five miles away in Mackey. With three bedrooms, one bath, and 1260 square feet, the home built in 1900 is listed an incredibly low price of $40,000. When buyers consider a home is available for a price this low, the imagination would lead to perhaps a home that is not attractive. However, southern Indiana is one of the most well-kept areas in the nation. Home owners take great pride in their lawns being well-groomed, flowers watered, and weeds removed.
What You Should Know Before Buying Rural Real Estate | Real ...
There is a definite trend of people migrating to rural areas for a number of different reasons. Some want to get away from the noise, pollution and stress of living with neighbors on top of them, others want to preserve a little slice of heaven, while still others are looking for an investment they can sell as the suburban sprawl knocks at their back door. If you think that living out in the boonies is just for simple folk, you’d be sorely mistaken considering that over 90 percent of the U.S. is rural and much of it has shown a marked increase in value during the last few years. With the recent economic downturn, now may be an opportune time to look for motivated sellers, but trends in sales and prices can really only be evaluated at the regional level. If you have the heart of a cowboy, you might want to take a look at Texas ranches for sale or if you’re looking for something a bit more modest, then there are many good opportunities on Texas land for sale if you’re willing to do your homework.
Buying untouched property is not for the faint of heart or for impatient people. Many people are planning for the future and dreaming about building a vacation or retirement home or maybe some just want a place to stretch out and have some fun hunting and riding dirt bikes. But, to keep your head out of the clouds and your feet on the ground when you fall in love with that pristine piece of real estate, don’t forget the following advice. First of all, don’t get emotional where you might be tempted to overpay. Regardless on how much you spend on upgrades you might make to the property, you can’t expect to get it back if you decide later to sell. Don’t be surprised when you struggle to stay within your budget, the property itself and the prep work done to it before construction begins shouldn’t be more than 30 percent of the total cost of the entire project. Here are some of the often unforeseen expenses that will inevitably be encountered during this process.
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by real.estate Sonoma County's real estate market saw a significant drop in the number of foreclosed homes and short sales in June compared to a year ago.