Building a Barndominium in Indiana - The Complete Guide - Barndominium Homes (2024)

Building your own custom home can be a great way to get everything you want out of your house. By designing and building a home yourself, you can be certain that it has everything on your list of needs when house shopping. You don’t have to make any compromises and you can create something that you and your family can live in and enjoy for many years to come. However, if you have ever researched what it takes to build a custom home, you may have been slightly put off. The amount of money and work it takes to get a project like this going can prevent many people from getting started.

That’s why building a barndominium in Indiana can be such a great option. With a more affordable price and an easier construction process, you can get yourself your own custom home without having to spend so much money or be stressed throughout a complicated build process. With the popularity of alternative housing, many builders and loan providers are starting to understand that unique homes like these are worth getting into and because of that, there has never been a better time to build a barndominium in Indiana.

In this guide, we have put together everything you need to know to build a barndominium in Indiana. By having this information, you can set yourself up for success for your own barndominium project.

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What Is a Barndominium and What Are Some of the Advantages?

A barndominium is a home built from the structure of a metal post frame building or pole barn. These buildings are built on top of concrete slab foundations and use metal poles for frames, which are driven into the ground and secured with cement. While these buildings are generally used for things like barns or warehouses, they can be framed up on the inside just like a traditional home. On the inside, you would have no idea that the home was built with a different kind of structure.

One of the main benefits of building a barndominium in Indiana is the cost. Because most barndominiums can be built in about half the time it takes to build a traditional home, you can save yourself a lot of time and money on your build project. This opens up the possibility of getting this kind of project done to a wider variety of people. It also makes it a much easier project to finance.

One of the other benefits of building a barndominium in Indiana is how durable they are. Because of their all-metal construction, barndominiums are much less susceptible to water damage like mold and rot. This is especially helpful in places like Indiana where the summers are very moist and the winters have heavy snowfall. You can save yourself a lot of money on repairs down the line as you live in your barndominium.

Cost of Building a Barndominium in Indiana

Once you have decided to build a barndominium in Indiana, one of the first things you will want to do is figure out your budget. The best way to do this is to find out how much one of these buildings costs per square foot. This way, you can decide how big you want your concrete slab foundation to be and from there you can decide on the amount of bedrooms, bathrooms, and living space you can afford. This is a great way to get a feel for your entire floor plan and settle on a budget.

The cost of building a traditional home in Indiana is around $270 per square foot. However, something that should be noted is that this price does not include things like furnishings or utilities. This will only get you your metal post frame structure and the initial construction. If you would like to include other things that make your custom home unique, you will have to set aside extra money in the budget.

The cost of building a barndominium in Indiana, though, is $200 per square foot, on average. This $70 difference can free up quite a bit of money in your budget when you spread it out throughout the course of your entire construction. With this extra money, you can afford to put in the custom cabinets and furnishings that you might want when going through the trouble of building a custom home.

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Barndominium Builders in Indiana

After you have decided on a budget for your barndominium in Indiana, you will then have to decide on a builder. While you can certainly do some of the work on your home yourself, it is incredibly important that you hire someone knowledgeable and skilled to do some of the construction. This way, you can be absolutely certain that your barndominium will be up to code and that it won’t be in violation of any of your local zoning laws. It can be difficult to find the right builder for your project, but if you know what to look for, you can make the right choice.

One of the most important things to look for in a builder for your barndominium in Indiana is experience. Not all construction companies are going to have the experience you need when it comes to metal buildings. Many home builders will only be familiar with building traditional stick-frame houses. Because of this, you should look for a builder who specializes in post-frame structures or barndominiums.

You should also look for a builder who is friendly and personable. Building a home can be an incredibly personal thing and you will be spending a lot of time with the foreman and the crew. Be sure to look for reviews on any builder you are thinking about hiring. Narrow down your search by finding companies who were not only able to deliver a quality final product to their clients but also a top-notch customer service experience.

FBi Buildings

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FBi Buildings has been in the post frame building business since 1958. In that time, they have built up a reputation for good customer service and have constructed over 20,000 buildings. If you want to work with a builder who has the most experience, they could be a good choice for you.

Hoosier Buildings

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Hoosier Buildings has a reputation for working closely with their clients to ensure that their needs are met. They focus on the experience for people who are new to the building construction process and want to help them get the final product they have been looking for.

Johnson and Johnson Enterprise

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For over 30 years, Johnson and Johnson Enterprise has been building post frame buildings for residential purposes. They have seen all kinds of trends and fads come and go and they have remained steady in their need to provide quality service and products. If you want to make sure you get a solid barndominium in Indiana, they could be a great option.

Barndominium Kit Providers in Indiana

If you don’t want to build your barndominium in Indiana completely from scratch, there are other ways to go about it. One of these is by purchasing a barndominium kit. Barndominium kits come completely prefabricated so you don’t have to spend time sourcing materials or getting everything together.

Barndominium kit providers offer comprehensive support to all the people who buy kits from them. They will help you through the construction process every step of the way. Many of them even have recommendations for local contractors who have worked on their kits in the past and can ensure that yours comes out perfectly.

Check out these barndominium kits under 50k and barndominium kits under 100k to make building your barndominium even easier.

Barndominium Financing in Indiana

BarndominiumLoans.com

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One of the best resources for getting barndominium financing is by using BarndominiumLoans.com. They are a quote service that takes down your information and works behind-the-scenes with vetted lenders who are best for your location and financial situation.

Whether you have a perfect credit score or a subpar one, and whether you’re located in South Carolina or South Dakota, you can submit your information to get a quote within 24-48 hours.

Barndominium Financing Request

The Farmers Bank

Since 1876, The Farmers Bank has been working with customers to get them the financing they need for their projects. They have helped the community for years and this makes them a great choice for getting the loans for your barndominium in Indiana.

Farmers & Merchants Bank

Farmers & Merchants Bank works closely with the people of Indiana to get them the loans that are needed for their agricultural projects. They try to make their decisions quickly and try to make the whole process as simple as possible.

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Barndominium Taxes in Indiana

You will need to pay taxes on your barndominium just like you would for a traditional house. However, one big difference is that your barndominium in Indiana will often fall under something called dual use construction. This means that you will have to pay a different tax rate for the areas of your barndominium that are for residential purposes and the areas that are for storage. Speak with a local tax assessor to figure out what you should be paying on your particular barndominium.

Where to Find Barndominium Insurance in Indiana

You can usually find insurance for your barndominium in Indiana anywhere you can get traditional homeowners’ insurance. However, depending on where you live, you should make sure that you get the right clauses in your coverage. Clauses cover specific things like hurricanes and wildfires. The location of your particular barndominium will have a lot to do with what kind of insurance coverage you need.

Barndominium Floor Plans in Indiana

Your floor plan is one of the most important aspects of the build process for your barndominium in Indiana. This will lay out how everything will be situated including bedrooms and bathrooms as well as the kitchen and living areas. To get started on this process, sit down and write out everything that you and your family will need when it comes to the number of bedrooms and bathrooms as well as the general flow of the home.

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Then, take this to a professional draftsman. They will be able to take this list of ideas and turn it into a workable floor plan for you and your builder.A barndominium design software can also come in handy and it could even be more fun designing your own plan.

Barndominiums for Sale in Indiana

Don’t want all the hassle of building a barndominium from the ground up? Then you may want to buy an existing barndominium in Indiana! With our Barndominiums for Sale Marketplace, you can browse to your state and find a barndominium for sale near you.

The beauty of buying an existing barndominium is that it can be really easy to customize the floor plan to your liking. The previous owners’ setup is just a starting point! Also, by buying a barndominium in Indiana, you bypass the potential troubles of the building process – delays, dealing with contractors and subcontractors, and city or county bureaucrats trying to make your build process a nightmare.

Don’t delay – find a barndominium for sale in Indiana now!

Conclusion

Now that you have read this guide, you should be ready to get started on your own barndominium in Indiana. Having this information at hand will help you make sure that your project gets started on the right foot. You will also be ready every step of the way as your build progresses.

If you would like even more in-depth information on building a barndominium in Indiana, be sure to check out the rest of Barndominiums.co. There, you will find all kinds of guides like this one as well as some more tips and tricks from the pros. You will also find featured barndominiums that can help give you some inspiration and get your project in gear.

Building a Barndominium in Indiana - The Complete Guide - Barndominium Homes (2024)

FAQs

What is the average cost to build a barndominium in Indiana? ›

In Indiana, most barndominium builds come in at around $200 per square foot, which is less than 35% of the price of a traditional home. This opens up more room in the budget for extra features and custom design touches.

How big of a barndominium can I build for 100k? ›

Maximizing open communal areas and minimizing hallway footage amplifies perceived space too. With pragmatic design selections, $100k gives hope for wonderfully livable 900-1,000 sq ft barndos in rural regions.

Is it cheaper to build a house or barndominium? ›

The most common estimate asserts that a new barndominium with basic amenities will cost about $30 to $40 per square foot to build, compared to the cost of building a traditional home is around $100 to $200 per square foot.

What do I need to know before building a barndominium? ›

Dreaming of Building a Barndominium? Here Are 5 Things You Absolutely Need To Know First
  1. Research your ZIP code. ...
  2. Look into financing. ...
  3. Interview builders. ...
  4. Plan for extra costs later. ...
  5. Consider insurance.
Jan 29, 2024

How big of a barndominium can I build for 200k? ›

On the high end, barndominiums have an average cost of $150 per square foot. At that price, you can estimate a building of around 1,333 square feet for $200,000. That is the cost of doing it yourself.

What is the downside to a barndominium? ›

Financing for a Barndominium Can Be Difficult To Acquire

One of the most significant drawbacks of purchasing a Barndominum instead of a traditional house is how difficult it can be to acquire financing for this type of home. If you have enough cash to front this kind of project, then that's great!

How big is a 40x60 barndominium? ›

Our 40×60 barndominium steel buildings provide 2,400 square feet of interior space that can be customized to your specifications. Plus, our steel frame 40*60 barndominium kits are also available in a variety of customization options to ensure that your building meets your specific needs.

Do barndominiums hold their value? ›

Barndominiums normally retain their resale value and may even increase in value gradually, although more slowly than a standard home. However, these homes are still rare in some parts of the country, and it may be challenging to get an accurate appraisal in an area where there are few.

How long does it take to build a barndominium from scratch? ›

Most builders provide a ballpark estimate of 6 months for building a barndominium from the ground up. However, this is an average, and it tends to be an extremely fickle estimate, as every project can/will have a variety of factors that add extra time – or allow for shortcuts.

Are barndominiums hard to insure? ›

Insuring a barndominium does require a specialized approach due to its unique characteristics, but don't let that keep you from following your plan of building your dream Barndominium because finding an insurance company that deals in barndominiums isn't all that difficult, it's typically a google search away like ...

Why are barndominiums hard to finance? ›

Getting a home loan for a barndominium can be tricky since many lenders are unfamiliar with these types of structures. However, it is far from impossible. You just need to be able to fulfill your lender's requirements as well as the stipulations set out by your particular loan program.

Is it cheaper to build a 1 or 2 story barndominium? ›

Obviously, a single Story home is Going to Cost Less to build, it has a smaller overall footprint and uses fewer materials. This choice significantly impacts the overall design, functionality, and, most crucially, the cost of the project.

What does a barndominium kit include? ›

Our standard steel frame kits include everything you need to build your home. Err … barn. That means all main framing, secondary framing (for all steel), exterior metal siding, metal roofing, trim, closures, fasteners and stamped building plans.

How long does it take to finish a barndominium? ›

Most barndominiums take approximately 3-6 months to construct. However, just like with a conventional home, a barndominium's construction time depends on various factors including the level of customization.

Do you need a foundation for a barndominium? ›

While technically, our buildings can be installed on bare earth, because someone will be living in the barndominium or kit home local building codes will apply. Those building codes will require a concrete footing or slab.

How much does it cost per square foot to build a barndominium in Indiana? ›

Barndominium shop house cost by state
StateCost per square foot
Illinois$68 – $166
Indiana$63 – $155
Iowa$63 – $155
Kansas$65 – $160
47 more rows
Oct 13, 2023

How much would it cost to build a 5000 sq ft barndominium? ›

In general, building a barndominium will cost about $62-$136 per square foot. Compare that to a traditional home build at $100-$150 per square foot, and it's easy to see why barndos are an affordable custom home building option!

How much do most barndominiums cost to build? ›

On average, a 2,400-square-foot barndominium costs about $120,000 to $500,000 or more to construct with a builder, according to HomeAdvisor. Barndominium kits from companies like Worldwide Steel Buildings start around $10 a square foot and can go up to about $30 a square foot.

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