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  • $2,200,000

    8934 W 650 S, Pendleton, IN 46064

    --beds
    --baths
    40Acres
    Unimproved Land
    Built in ----
    40 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    40+/- ACRES | HIGHWAY 13 CORRIDOR | MADISON COUNTY, INDIANA Highway 13, W 650 S & W 875 W | Ingalls/Pendleton Area South Madison Community School Corporation | 1 Mile to I-69 Interchange PROPERTY OVERVIEW 40+/- total acres of productive tillable farm ground Triple road frontage - 1,300+ feet on Highway 13, W 650 S, and W 875 W 3,900+ total linear feet of road frontage across 3 public roads 1 mile to I-69 on/off ramp (Pendleton/Ingalls interchange) Currently income-producing - farm lease in place AG zoned with transition potential to industrial, commercial, or residential Level topography - ideal for site development South Madison Community School Corporation Home: 1400+ square feet/ 2 Bed 1 Bathroom 3 Car Garage 24 x 40 Barn PROPERTY DESCRIPTION An opportunity to acquire a highly visible, triple-road-frontage farm in the direct path of industrial, commercial, and residential growth along the Highway 13 / I-69 corridor in Madison County. Currently in active agricultural production with a lease in place, this 40+/- acre tract sits at the intersection of three public roads - offering over 1,300 feet of frontage on each of Highway 13, W 650 S, and W 875 W - totaling more than 3,900 linear feet of combined exposure. Located just 1 mile from the I-69 interchange at Pendleton/Ingalls, the property sits squarely in the growth path radiating outward from one of Central Indiana's most active development corridors. Industrial users, logistics operators, commercial developers, and residential builders have all been active in this market, and recent comparable sales confirm strong buyer demand well above pure agricultural value. The farm is currently being farmed- a benefit for investors who want to hold the ground while pursuing entitlements, re-zoning, or a future development timeline. LOCATION HIGHLIGHTS Highway 13 frontage - major north/south arterial with high visibility W 650 S frontage - additional public road access on the north sid
    45 days
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    98
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Renbarger 317-418-7712,

    Mossy Oak Properties

    Source: MIBOR as distributed by MLS GRID,MLS#: 22110350MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Rural
      Lot
      • Size: 40 Acres
      • Features: Corner, Other
      • Topography: Level
      Details
      • Additional structures: Barn(s), Tenant House
      • Additional parcels included: 481515200009.000044, 481515200009.000044, 481515200009.000044, 481515200009.000044, 481515200009.000044,
      • Parcel number: 481515200009000044
      • Zoning: Ag, Industrial
      • Zoning description: Agricultur
      • Horse amenities: None

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Municipal Water Near By, Well on Site

      Community & HOA

      Community
      • Subdivision: No Subdivision
      Location
      • Region: Pendleton

      Financial & listing details

      • Tax assessed value: $159,200
      • Annual tax amount: $4,400
      • Date on market: 6/25/2026
      • Cumulative days on market: 46 days
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/25/2026Listed for sale$2,200,000
        Source: MIBOR as distributed by MLS GRID #22110350 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,848 +4.3%$159,200 +5.8%
        2024$2,730 +9.1%$150,500 +10.9%
        2023$2,502 +9.2%$135,700 +9.1%
        2022$2,291 +3.5%$124,400 +9.6%
        2021$2,214 -2.3%$113,500 +4%
        2020$2,267 -1.2%$109,100 -2.3%
        2019$2,294 -2.7%$111,700 +1%
        2018$2,358 -1.3%$110,600 -2.8%
        2017$2,389 +0.8%$113,800 -1.6%
        2016$2,370 $115,600
        Find assessor info on the county website

        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

        Getting around

        2 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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