The name would come back in 1800, when Congress carved the state of Ohio out of the Northwest Territory and gave the name Indiana to the remaining territorial land and, 16 years later, a new state.
The National Association of Home Builders in their most recent report shows the current average cost to build a house is $103.33 per sq. ft., excluding land, builder profit and overhead, financing costs, and marketing and sales costs.
The average cost per square foot to build a home in Indiana is  about $132 per square foot. This means a 2500 square foot home  would cost around $330,000 to build. The answer depends on the region you will build in and the quality and type of materials used. On average, the cost per square foot to build an average home is $125 per â¦ square foot.   There are some builders, who build what is called formula homes.