Just 3 miles from Eli Lilly's transformative new $14.5 billion Lebanon campus, this remarkable 16.7-acre property presents an extraordinary opportunity to establish a private estate in one of Indiana's most dynamic and rapidly expanding growth corridors. Positioned in a highly desirable location where long-term value and development momentum continue to accelerate, this property offers both immediate enjoyment and lasting investment potential. Nestled within a peaceful, natural landscape, the acreage blends gently rolling open ground, mature hardwood timber, and picturesque Prairie Creek frontage to create a setting that is both beautiful and highly functional. The diverse terrain offers an ideal balance of open space for building, recreation, or hobby farm potential, while the wooded acreage provides privacy, character, and a scenic backdrop rich with wildlife. Seasonal wildflowers, towering trees, and the calming presence of water create an atmosphere that feels secluded and restorative, offering the rare sensation of a countryside retreat without sacrificing convenience. Despite its tranquil setting, this property is strategically located just minutes from Interstate 65, providing seamless access to Indianapolis, Lebanon, and surrounding communities. Shopping, dining, schools, and essential services are all within easy reach, making this an ideal setting for those seeking privacy without isolation. What truly separates this offering from many land opportunities is that much of the critical groundwork has already been completed. Approved septic conditions, installed 400-amp electric service, established access, and a recorded minor plat significantly reduce the uncertainty, time, and expense often associated with raw land development. This property is exceptionally well-positioned for immediate progress toward your vision.
Active
Price increase: $30K (7/17)
$529,900
4681 N 350 W, Lebanon, IN 46052
--beds
--baths
16.72Acres
Unimproved Land, Residential Lots
Built in ----
16.72 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 143 days
- 110
- 5
Zillow last checked:
Listing updated:
Listed by:
Andrew Malott 574-225-2699,
Whitetail Properties,
Tyler Fritz
Source: MIBOR as distributed by MLS GRID,MLS#: 22095678
Facts & features
Property
Features
- Fencing: Fenced,Partial
- On waterfront: Yes
- Waterfront features: Creek
Lot
- Size: 16.72 Acres
- Features: Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded, See Remarks, Other, Creek On Property, Rural, Small Trees, Water Acces
- Topography: Flood Plain Partial,Level,Wetland,Wooded,See Remarks,Other
Details
- Parcel number: 061009000020000017
- Zoning: R1
- Zoning description: See Remarks
- Wooded area: 217800
- Horse amenities: None
Utilities & green energy
- Water: Not Applic
Community & HOA
Community
- Subdivision: 106 North
Location
- Region: Lebanon
Financial & listing details
- Annual tax amount: $352
- Date on market: 4/15/2026
- Cumulative days on market: 143 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $529,900+6% |
Source: Whitetail Properties #110481 Report a problem | ||
| 4/15/2026 | Listed for sale | $499,900-26.5% |
Source: | ||
| 10/4/2025 | Listing removed | $680,000 |
Source: | ||
| 7/2/2025 | Listed for sale | $680,000+13.4% |
Source: | ||
| 8/8/2024 | Listing removed | $599,900 |
Source: | ||
| 5/7/2024 | Listed for sale | $599,900 |
Source: | ||
| 4/1/2024 | Listing removed | $599,900 |
Source: | ||
| 1/12/2024 | Listed for sale | $599,900 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 46052
Nearby schools
Schools provided by the listing agent
- Elementary: Thorntown Elementary School
- High: Western Boone Jr-Sr 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.




