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
Active
$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
- 94 days
- 66
- 0
Zillow last checked:
Listing updated:
Listed by:
Chad Renbarger crenbarger@mossyoakproperties.com,
Mossy Oak Properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22110350
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: 12 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $2,200,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: 46064
Nearby schools
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.





