The survey says that over the past two years, the average farmland value has fallen about 13 percent.
Heavy rains this summer and lower crop prices this fall are amplifying the strain Indiana farmers say they face from the state’s property tax structure.
Farmland prices have risen between 14 percent and 18 percent this year and will likely continue to increase.
After fire destroyed part of the factory in 2011, For Bare Feet moved its operations to Martinsville and gave the old site to the Brown County commissioners.
Farmland values increased 29 percent in Indiana over the past year.