Prime Development Opportunity in Madison County, Indiana! Property Overview: Discover an exceptional investment opportunity with this expansive 148-acre property located in the rapidly growing area of Madison County, Indiana. This prime land parcel offers vast potential for development, agriculture, or recreational use. Key Features: Size: Over 148 acres Road Frontage: Highway 13: Over 2,200 feet Highway 38: Over 1,700 feet Utilities: Fall Creek sewer access just across Highway 13 Water supply located less than 1/4 mile from the property Zoning: Falls under the jurisdiction of the Town of Lapel Location Highlights: Just 10 miles to downtown Fishers, IN Only 8 miles to Noblesville, IN 3 miles to Lapel, IN A mere 1.3 miles from Interstate I-69, providing easy access to major highways and surrounding areas Investment Potential: With its strategic location and substantial road frontage, this property is ideal for residential, commercial, or mixed-use development. The surrounding communities are experiencing significant growth, making this an opportune moment to invest in this high-demand area.
Lot/land
$11,497,660
State Highway 13 #&-38, Lapel, IN 46051
0beds
0baths
148.88Acres
Unimproved Land
Built in ----
148.88 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 224 days |
- 36 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Chad Renbarger 317-418-7712,
Mossy Oak Properties Michigan Outdoors
Source: My State MLS,MLS#: 11611022
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Features
- Frontage length: 3900
Lot
- Size: 148.88 Acres
Details
- Parcel number: 481509400009.000044, 4815165000
- Lease amount: $0
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lapel
Financial & listing details
- Annual tax amount: $3,200
- Date on market: 11/24/2025
- Date available: 11/24/2025
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Listed for sale | $11,497,660 |
Source: My State MLS #11611022 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.
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: 46051
Nearby schools
GreatSchools rating
- 8/10Pendleton Elementary SchoolGrades: PK-6Distance: 5.7 mi
- 6/10Pendleton Heights Middle SchoolGrades: 7-8Distance: 6.4 mi
- 9/10Pendleton Heights High SchoolGrades: 9-12Distance: 6 mi
Schools provided by the listing agent
- District: Frankton-lapel Community Schools
Source: My State MLS. 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
- Lapel
- 46051
- State Highway 13 Unit &-38




