[AT] Concrete slab- Subdivision Development

[Dave Ernst]

   With
> the massive development going on here now the possibility of this farm 
> staying a farm beyond my lifetime
> becomes less and less each year. The city is now busy building a bypass 
> road that will come within about
> 1,000 feet of our north west corner The school district recently bought a 
> large field just up the road about a
> half mile for $39,000 an acre. Lets see, corn was about $1.60 this week. 
> How does that stack up?   :-(    100
> acres times $40,000 an acre... yeah that is probably my sell-out price... 
> It sure would buy a nice place with a
> big shop 20 miles further from Indy and a lot of old tractors... Trouble 
> is I don't want to do it. Son Scott may be
> forced to some day though.
Farmer,
I am in the same predicament. Back in the late'60's I got out of the large 
farming and ranching business after the typical family fued (much like the 
Hatfield's) and bought this 57 acres that I'm on now and at that time it was 
far from town. I'm now surrounded by housing developments, where the kids 
have moved from town and think they have free run everywhere. My property is 
between 2 paved county roads and I have the only crossroad connecting them 
which is gated and locked. That doesn't keep them out, as the Sheriff left 
yesterday with a bemused smile after I was reported carrying a shotgun in a 
threatening manner at an a...hole that thought he had the right to travel on 
my road...at least He gave up on me shooting magpies...
Undeveloped raw property here is going in the range of $43K an acre, maybe 
I'll have to do the same.
Dave.