7134 N Caldwell RD Active Save Request In-Person Tour Request Virtual Tour
Lebanon,IN 46052
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22025482
Tax Year 2023
Lot Size 96.220 Acres
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
Building
Sewer Not Applicable
New Construction false
Schools
School District Lebanon Community School Corp
Others
Acceptable Financing Not Applic
Listing Terms Not Applic