Land for Sale - 0 N Caldwell Rd, Lebanon, IN 46052 - 96.22 acres

96+ Acres - Near LEAP CAMPUS - Boone County, IN

0 N Caldwell Rd, Lebanon, IN | Lat/Lng:  40.1418, -86.4554

$2,081,000
96.22 ac.
03/07/2025
ACTIVE
Main Listing ImageMain Listing Image

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. For more information or a private showing, contact: Chad Renbarger 317-418-7712

Details

CountyBoone
Zipcode46052
Property Type OneFarms
Property Type TwoRecreational Property
Property Type ThreeHunting Land
BrokerageMossy Oak Properties Indiana Land & Lifestyle
Brokerage Linkindianalandandlifestyle.com/chad-renbarger/#rs-agent-listings
Land Listing Agent Photo
Agent: Chad Renbarger
Contact Agent:Email Land Listing Agent
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