$2,200,000
40± Acres
New Listing
Madison County, Indiana

40+/- Acres | Highway 13 Corridor | Madison County, Indiana | South Madison Schools | I-69 Access

ID: 110981
External ID/MLS: --/22110350
Status: New Listing
Price: $2,200,000
Acres: 40
Type: Farms, Business Opportunity, Undeveloped Land, Commercial
Address: State Road 13 / 650 S / 875 W
City, State: Pendleton, Indiana
County: Madison
Zip Code: 46064

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 side
  • W 875 W frontage - third road access on the west side
  • 1 mile to I-69 - direct connection to the regional logistics and transportation network
  • Minutes to Pendleton, Ingalls, Anderson, and the greater Indianapolis metro
  • In the direct path of industrial and commercial growth expanding along the I-69 corridor
  • Southward pressure from Hamilton County buyers driving demand in Madison County

BUYER OPPORTUNITY

  • Farmer / Operator - Expand an existing operation on productive, well-accessed ground
  • Land Investor / 1031 Exchange - Income-producing asset with long-term corridor appreciation
  • Industrial Developer - I-69 access, Hwy 13 visibility, level terrain, and multi-point access
  • Commercial Developer - 3,900+ ft of frontage creates exceptional outparcel and pad site flexibility
  • Residential Developer - South Madison Schools, level ground, and triple road access for phased development


CONTACT

Chad Renbarger | Owner / Agent
Mossy Oak Properties Indiana Land & Lifestyle
(317) 418-7712
crenbarger@mossyoakproperties.com

Additional Details

Home Details

Sq Ft: 1410
Beds: 2
Full Baths: 1

Additional Info

School District: South Madison
Road Type: Asphalt
Road Frontage: County Road, Highway
Current Use: Agricultural
Possible Use: Commercial, Development, Industrial, Investment

Financial

Listing Terms: Conventional
Tax ID: 48-15-15-200-009.000-044, 48-15-15-200-009.000-044, 48-15-15-200-009.000-044, 48-15-15-200-009.000-044, 48-15-15-200-009.000-044, 48-15-15-200-009.000-044
Taxes (annually): $4,480
Tax Year: 2025
Legal Description:

SW NW 15-18-6 00008.0000A, SW NW 15-18-6 00004.0000A, SW NW 15-18-6 00004.0000A, SW NW 15-18-6 00004.0000A, SW NW 15-18-6 00004.0000A, SW NW 15-18-6 00016.0000A

Ask Chad About This Property

  • This field is for validation purposes and should be left unchanged.

Nearby Properties Around Madison County

New Listing
Madison County, IN
145+ Acres of Prime Development Opportunity in Madison County, Indiana! Property Overview: Discover an exceptional investment opportunity with this expansive 148-acre property located in the rapidly growing area of Madison County, Indiana. Thi...
148.88± Acres
|
$11,497,660
New Listing
Madison County, IN
43+ Acres of Prime Development Opportunity in Madison County, Indiana! Property Overview: Discover an exceptional investment opportunity with this expansive 43-acre property located in the rapidly growing area of Madison County, Indiana. This pr...
43± Acres
|
$3,450,000
New Listing
Madison County, IN
State Road 36 | Pendleton, IN | Madison County | 35+/- Acres Here is your opportunity to own a prime piece of Madison County real estate with incredible versatility and an unbeatable location. This 35+/- acre property sits directly on State Road 36 i...
35.3± Acres
|
$599,000

More Properties from Chad Renbarger

New Listing
Madison County, IN
145+ Acres of Prime Development Opportunity in Madison County, Indiana! Property Overview: Discover an exceptional investment opportunity with this expansive 148-acre property located in the rapidly growing area of Madison County, Indiana. Thi...
148.88± Acres
|
$11,497,660
New Listing
Madison County, IN
43+ Acres of Prime Development Opportunity in Madison County, Indiana! Property Overview: Discover an exceptional investment opportunity with this expansive 43-acre property located in the rapidly growing area of Madison County, Indiana. This pr...
43± Acres
|
$3,450,000
Under Contract
Madison County, IN
78-acre property offers a rare combination of topography, usability, and long-term potential within the Pendleton / Southern Madison School District. Just minutes from Anderson and Pendleton. What immediately sets this tract apart is the rolling terr...
77.63± Acres
|
$1,436,155