Fiat, Indiana facts for kids
Quick facts for kids
Fiat, Indiana
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Country | United States |
State | Indiana |
County | Jay |
Township | Penn Township |
Elevation | 902 ft (275 m) |
FIPS code | 18-23116 |
GNIS feature ID | 434469 |
Fiat is a small, quiet place in Indiana, USA. It's not a big city or even a town with its own local government. Instead, it's called an "unincorporated community." This means it's a group of homes and buildings that are part of a larger area called Penn Township, within Jay County.
A Look Back: Fiat's History
Fiat has a bit of history, even if it's a small place. A post office, which is where people send and receive mail, was opened in Fiat in 1881. This post office served the community for many years. However, it eventually closed down in 1926.
Why the Name "Fiat"?
The name "Fiat" for this community is quite interesting! It likely came from a big discussion happening in the United States around that time about money. Specifically, it was about something called "United States Notes," which are a type of paper money.
This kind of money is also known as "fiat money." Fiat money gets its value because the government says it does, not because it's backed by something like gold or silver. It's like the government declares, "This money is worth this much!" This was a big topic in politics back then, and it seems the community's name was chosen because of it.
A Special Building Nearby
About two miles east of Fiat, there's a really cool and unique building. It's a round barn! This special barn is known as the Rebecca Rankin Round Barn. It was built a long time ago, in 1908.
This round barn is so important that it's listed on the National Register of Historic Places. This means it's recognized as a significant historical place in the United States and is protected.