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Listed by Chad Renbarger • Mossy Oak Properties
$ 2,081,000
Est. payment /mo
Active
7134 N Caldwell RD Lebanon, IN 46052
96.22 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22025482
HOA Y/N No
Tax Year 2023
Lot Size 96.220 Acres
Acres 96.22
Property Sub-Type Farm
Property Description
For Sale in Lebanon, IN, a rare opportunity to own over 96 acres of premium land in the heart of Boone County, just north of Lebanon, IN. This versatile property offers a mix of agricultural income, recreational use, and incredible future development potential. Property Highlights: Total Acres: 96.12 Access: Less than 1.5 miles to Hwy 47, 5 miles to Hwy 39, and under 3.5 miles (as the crow flies) from the rapidly growing Eli Lilly LEAP Campus, the largest manufacturing investment at a single site in the company's history. Tillable Land: 74+ acres (currently generating income through a 50/50 share crop lease, averaging approximately $275/acre) Woods: 22 acres of mature timber, ideal for hunting, recreation Hunting Lease Income: Currently bringing in $5,000/year. Location Perks: Only 23 miles to Carmel, 27 miles to downtown Indianapolis, and situated in a prime corridor of future growth and development. Why This Property? Income-Producing: Crop and hunting leases provide solid annual revenue. Development Potential: Located in a booming area with major corporate investments and infrastructure improvements on the horizon. Recreational Appeal: Hunting, hiking, or simply enjoying your own private woodland. Strategic Location: Growth is coming! Investment Outlook: With Boone County poised for unprecedented growth over the next decade, this property stands as an exceptional long-term investment, whether you're looking for a working farm, a recreational retreat, or a future development site.
Location
State IN
County Boone
Zoning AG
Interior
Fireplace N
Building
Sewer Not Applicable
New Construction false
Schools
School District Lebanon Community School Corp
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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