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  • Price increase: $30K (7/17)
    $529,900

    4681 N 350 W, Lebanon, IN 46052

    --beds
    --baths
    16.72Acres
    Residential Land
    Built in ----
    16.72 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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. Whether you envision a luxury custom home, equestrian estate, recreational haven, or private legacy property, this versatile acreage provides the freedom to build with confidence. In an area experiencing unprecedented economic growth and increasing demand, opportunities to secure land of this caliber are becoming increasingly rare. This is more than a homesite—it is a chance to create something truly exceptional in a premier location.
    127 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Malott Cell:574-225-2699,

    Whitetail Properties Real Estate,

    Tyler Fritz,

    Whitetail Properties Real Estate

    Source: IRMLS,MLS#: 202613176MLS Logo

      Facts & features

      Interior

      Video & virtual tour

      Property

      Parking
      • Parking features: Other
      Features
      • Fencing: Barbed Wire,Woven Wire
      • Has view: Yes
      • On waterfront: Yes
      • Waterfront features: Waterfront, Waterfront-Medium Bank, Frontage Lot, Creek
      • Body of water: Prairie Creek Reservoir
      • Frontage length: Water Frontage(1199)
      Lot
      • Size: 16.72 Acres
      • Dimensions: 867 x 755
      • Features: Level, Few Trees, Wetlands, Undeveloped, Flood Plain, Tillable, 15+, Rural
      Details
      • Parcel number: 061009000020.000017
      • On leased land: Yes

      Utilities & green energy

      • Sewer: None
      • Water: None
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Lebanon

      Financial & listing details

      • Annual tax amount: $352
      • Date on market: 4/15/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/17/2026Price change$529,900+6%
        Source: IRMLS #202613176 Report a problem
        4/15/2026Listed for sale$499,900
        Source: IRMLS #202613176 Report a problem

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46052

        Getting around

        2 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Thorntown
        • Middle: Western Boone Jr/Sr
        • High: Western Boone
        • District: Western Boone County Community S.D.

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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