InFe 2 O 4 belongs to the RFe 2 O 4 family where R is trivalent cation (R = In, Yb, Lu, Er, or Y). In the rhombohedral crystal structure of this compound as shown in Fig. 1 We succeeded in preparing high-quality InFe 2 O 4 belongs to the RFe 2 O 4 family where R is trivalent cation (R = In, Yb, Lu, Er, or Y). In the rhombohedral crystal structure of this compound as shown in Fig. 1, the double layers of FeO 5 bipyramids make two-dimensional triangular lattices and are separated by RO 6 octahedra. Since the numbers of Fe 2+ and Fe 3+ ions are equal in the triangular lattice, the coexistence of charge and magnetic frustrations is expected. However, despite the potential fascinating properties, InFe 2 O 4 had not been investigated well because of the difficulty in sample preparation.Mössbauer spectroscopy (γ // c) showed that Fe ions took average valence of 2.5+ above 250K, while it changed into 3+ and 2+ below 210K. Temperature dependence of the dielectric constant showed a peak around 230K, suggesting the charge ordering in Fe layer at this temperature.Mössbauer spectroscopy (γ // c) showed that Fe ions took average valence of 2.5+ above 250K, while it changed into 3+ and 2+ below 210K. Temperature dependence of the dielectric constant showed a peak around 230K, suggesting the charge ordering in Fe layer at this temperature. Magnetic measurement showed that InFe 2 O 4 magnetically ordered at 230K (Fig.2). The magnetization behavior below the ordering temperature suggests that this InFe 2 O 4 is a ferrimagnet. All experimental results indicate that charge and magnetic orderings in InFe 2 O 4 occur simultaneously.Magnetic measurement showed that InFe 2 O 4 magnetically ordered at 230K (Fig.2). The magnetization behavior below the ordering temperature suggests that this InFe 2 O 4 is a ferrimagnet. All experimental results indicate that charge and magnetic orderings in InFe 2 O 4 occur simultaneously.