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Improved Land for Sale in Pendleton, Indiana

Madison County, Pendleton, IN 46064

$2,200,000
40 acres
Active sale
ago
Est $11,614/mo

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 side

W 875 W frontage - third road access on the west side

1 mile to I-69 - direct connection to the regional logistics and transportation network

Minutes to Pendleton, Ingalls, Anderson, and the greater Indianapolis metro

In the direct path of industrial and commercial growth expanding along the I-69 corridor

Southward pressure from Hamilton County buyers driving demand in Madison County

BUYER OPPORTUNITY

Farmer / Operator - Expand an existing operation on productive, well-accessed ground

Land Investor / 1031 Exchange - Income-producing asset with long-term corridor appreciation

Industrial Developer - I-69 access, Hwy 13 visibility, level terrain, and multi-point access

Commercial Developer - 3,900+ ft of frontage creates exceptional outparcel and pad site flexibility

Residential Developer - South Madison Schools, level ground, and triple road access for phased development

CONTACT

Chad Renbarger | Owner / Agent

Mossy Oak Properties Indiana Land & Lifestyle

(317) 418-7712

1,410
Sq feet
2
Beds
1
Full bath

Location

Zip code
46064
Elevation
859 feet
Coordinates
40.0115, -85.8409

Property details

Acreage
40 acres
Posted

Property taxes

2025
$4,480

Legal description

Resources

Listing history

DateEventPriceChangeSource
June 26, 2026New listing$2,200,000Listing agent
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This 40-acre property is located in Pendleton, IN 46064. The property is available for sale, priced at $2,200,000. It has a 1,410 square foot 2-bedroom, 1-bath house.

Listed by Mossy Oak Properties Indiana Land & Lifestyle, (765) 505-4155

Updated Source

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