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 in the heart of Pendleton, Indiana - one of Central Indiana's most sought-after and fastest-growing corridors. The Land The property is split by State Road 36, offering two distinct parcels - one on the north side and one on the south side of the highway - providing exceptional road frontage and maximum visibility. Spring Branch Ditch runs along the eastern boundary, naturally defining the property line. Approximately 22+/- acres are currently in tillable production with a WAPI rating of 150.91, indicating highly productive, workable soils that generate immediate income for the new owner. Investment & Income With 22+/- tillable acres carrying a WAPI of 150.91, this ground is performing. Whether you're a farmer looking to add quality acres to your operation or an investor seeking income-producing land in a growth market, the numbers work in your favor from day one. Development Potential State Road 36 frontage in Pendleton is a rare find. Located outside city limits in Madison County - yet positioned directly in the path of growth - this property presents compelling possibilities for future development. The dual-parcel configuration straddling the highway creates unique flexibility that a single-sided tract simply cannot offer. Location, Location, Location Situated within the highly regarded Pendleton/South Madison School District, this property benefits from one of the most desirable addresses in Madison County. Pendleton continues to attract buyers, families, and developers alike, making ground on SR 36 increasingly difficult to come by. Property Highlights: 35+/- total acres | Madison County Dual parcels - north & south sides of State Road 36 22+/- tillable acres | WAPI 150.91 Spring B
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Zillow last checked:
Listing updated:
Listed by:
Chad Renbarger317-418-7712,
Mossy Oak Properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22108272
Facts & features
Property
Features
Has view: Yes
On waterfront: Yes
Waterfront features: Stream
Lot
Size: 35.32 Acres
Features: Irregular Lot, Small Trees, Other
Topography: Flood Plain,Level
Details
Parcel number: 481422200010000012
Zoning: ag
Zoning description: Agricultur
Horse amenities: None
Utilities & green energy
Water: Not Applic
Community & HOA
Community
Subdivision: No Subdivision
HOA
Has HOA: No
Location
Region: Pendleton
Financial & listing details
Annual tax amount: $1,512
Date on market: 6/15/2026
Cumulative days on market: 60 days
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/15/2026
Listed for sale
$599,000+399.2%
Source: MIBOR as distributed by MLS GRID #22108272Report a problem
7/24/2024
Listing removed
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Source: MIBOR as distributed by MLS GRID #21934959Report a problem
3/7/2024
Price change
$120,000-4%
Source: MIBOR as distributed by MLS GRID #21934959Report a problem
2/21/2024
Listed for sale
$125,000
Source: MIBOR as distributed by MLS GRID #21934959Report a problem
2/1/2024
Listing removed
--
Source: MIBOR as distributed by MLS GRID #21934959Report a problem
7/29/2023
Listed for sale
$125,000-51.9%
Source: MIBOR as distributed by MLS GRID #21934959Report a problem
5/17/2023
Sold
$260,000-3.7%
Source: MIBOR as distributed by MLS GRID #21883679Report a problem
3/20/2023
Pending sale
$269,900
Source: MIBOR as distributed by MLS GRID #21883679Report a problem
2/24/2023
Price change
$269,900-1.5%
Source: MIBOR as distributed by MLS GRID #21883679Report a problem
11/21/2022
Price change
$273,900-3.6%
Source: MIBOR as distributed by MLS GRID #21883679Report a problem
10/13/2022
Price change
$284,000-1.7%
Source: MIBOR as distributed by MLS GRID #21883679Report a problem
9/22/2022
Listed for sale
$289,000-71.1%
Source: MIBOR as distributed by MLS GRID #21883679Report a problem
1/5/2021
Sold
$1,000,000+6566.7%
Source: MIBOR as distributed by MLS GRID #21754422Report a problem
7/28/2009
Sold
$15,000
Source: MIBOR as distributed by MLS GRID #2928570Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.