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Listed by Chad Renbarger • Mossy Oak Properties
$ 2,200,000
Est. payment /mo
New
8934 W 650 S Pendleton, IN 46064
40 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22110350
Tax Year 2025
Lot Size 40.000 Acres
Acres 40.0
Property Sub-Type Unimproved Land
Property Description
40+/- ACRES | HIGHWAY 13 CORRIDOR | MADISON COUNTY, INDIANA Highway 13, W 650 S & W 875 W | Ingalls/Pendleton Area South Madison Community School Corporation | 1 Mile to I-69 Interchange PROPERTY OVERVIEW 40+/- total acres of productive tillable farm ground Triple road frontage - 1,300+ feet on Highway 13, W 650 S, and W 875 W 3,900+ total linear feet of road frontage across 3 public roads 1 mile to I-69 on/off ramp (Pendleton/Ingalls interchange) Currently income-producing - farm lease in place AG zoned with transition potential to industrial, commercial, or residential Level topography - ideal for site development South Madison Community School Corporation Home: 1400+ square feet/ 2 Bed 1 Bathroom 3 Car Garage 24 x 40 Barn PROPERTY DESCRIPTION An opportunity to acquire a highly visible, triple-road-frontage farm in the direct path of industrial, commercial, and residential growth along the Highway 13 / I-69 corridor in Madison County. Currently in active agricultural production with a lease in place, this 40+/- acre tract sits at the intersection of three public roads - offering over 1,300 feet of frontage on each of Highway 13, W 650 S, and W 875 W - totaling more than 3,900 linear feet of combined exposure. Located just 1 mile from the I-69 interchange at Pendleton/Ingalls, the property sits squarely in the growth path radiating outward from one of Central Indiana's most active development corridors. Industrial users, logistics operators, commercial developers, and residential builders have all been active in this market, and recent comparable sales confirm strong buyer demand well above pure agricultural value. The farm is currently being farmed- a benefit for investors who want to hold the ground while pursuing entitlements, re-zoning, or a future development timeline. LOCATION HIGHLIGHTS Highway 13 frontage - major north/south arterial with high visibility W 650 S frontage - additional public road access on the north sid
Location
State IN
County Madison
Zoning Ag, Industrial
Interior
Fireplace N
Exterior
View Y/N true
View Rural
Building
Sewer Public Sewer, Septic Tank
New Construction false
Schools
Middle Schools Pendleton Heights Middle School
High Schools Pendleton Heights High School
School District South Madison Com Sch Corp
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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