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
Active
$599,000
0 W Us Highway 36, Pendleton, IN 46064
--beds
--baths
35.32Acres
Unimproved Land, Farm
Built in ----
35.32 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 12 days |
- 165 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Chad Renbarger 317-418-7712,
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: 14 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $599,000+399.2% |
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| 7/24/2024 | Listing removed | -- |
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| 3/7/2024 | Price change | $120,000-4% |
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| 2/21/2024 | Listed for sale | $125,000 |
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| 2/1/2024 | Listing removed | -- |
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| 7/29/2023 | Listed for sale | $125,000-51.9% |
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| 5/17/2023 | Sold | $260,000-3.7% |
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| 3/20/2023 | Pending sale | $269,900 |
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| 2/24/2023 | Price change | $269,900-1.5% |
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| 11/21/2022 | Price change | $273,900-3.6% |
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| 10/13/2022 | Price change | $284,000-1.7% |
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| 9/22/2022 | Listed for sale | $289,000-71.1% |
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| 1/5/2021 | Sold | $1,000,000+6566.7% |
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| 7/28/2009 | Sold | $15,000 |
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 46064
Nearby schools
GreatSchools rating
- 8/10Pendleton Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 6/10Pendleton Heights Middle SchoolGrades: 7-8Distance: 0.5 mi
- 9/10Pendleton Heights High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Middle: Pendleton Heights Middle School
- High: Pendleton Heights High School
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Madison County
- Pendleton
- 46064
- 0 W Us Highway 36




