SPENCER, Ind. — A tiny parcel of land in southwest Indiana is some of the priciest real estate in the world. Owen County officials are trying to sell a 1-square-inch plot of land for $1,500. At that rate, an acre of land would cost nearly $7 billion.

No buyers ponied up for the postage-stamp-sized plot during a tax sale.

“It’s too small to plant a flower on,” said Peter Dorsey, with the county’s mapping department.

Complete story: 1 Square Inch of Land for sale at $1,500

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Updated: January 2018

 

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