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But to encourage more sales and make them more affordable, Congress also reduced both the minimum price (from $2.00 to $1.25 (equivalent to $28 in 2024 [1]) per acre ($495 to $309/km 2)) and the minimum size of a standard tract (from 160 to 80 acres (647,000 to 324,000 m 2)). The minimum full payment now amounted to $100, rather than $320. [2]
The claimed homestead could include the same land which they had previously filed a preemption claim (on up to 160 acres at $1.25 per acre, or up to 80 acres of subdivided and surveyed land at $2.50 per acre), and they could expand their current ownership to contiguous adjacent land up to 160 acres total.
After buying 1,064 acres (4.1 km 2) for $70 per acre, the group began building its community in the woods alongside the network of crude logging roads that followed its ridgelines. Shortly thereafter, an adjoining 750 acres (3.0 km 2) were purchased for $100 per acre.
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Joseph Blackwell Stanton purchased the land that is now the town of Stanton in the early 1830s for roughly $3.50 per acre. Stanton used his influence in the area to ensure the railroad line ran through his land, and thereafter numerous families moved to the community from the nearby Wesley community some four miles to the west.
Justin Timberlake recently offloaded a gorgeous, 127-acre piece of Tennessee property. A real estate listing revealed that the 43-year-old singer put his sprawling countryside property on the ...
(The Center Square) – More than 5,400 acres in west Tennessee will open as the state's 16th forest in 2025, the Department of Agriculture Division of Forestry said. ... Fayette County land ...
Tennessee has the eighth-most farms in the nation, which cover more than 40% of the state's land area, and have an average size of about 155 acres (0.63 km 2). [15] Cash receipts for crops and livestock have an estimated annual value of $3.5 billion, and the agriculture sector has an estimated annual impact of $81 billion on the state's economy ...
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