Land for Sale in Pendleton, Indiana

State Road 36 | Pendleton, IN | Madison County | 35+/- Acres

Here is your opportunity to own a prime piece of Madison County real estate with incredible versatility and an unbeatable location. This 35+/- acre property sits directly on State Road 36 in the heart of Pendleton, Indiana — one of Central Indiana's most sought-after and fastest-growing corridors.

The Land

The property is split by State Road 36, offering two distinct parcels — one on the north side and one on the south side of the highway — providing exceptional road frontage and maximum visibility. Spring Branch Ditch runs along the eastern boundary, naturally defining the property line. Approximately 22+/- acres are currently in tillable production with a WAPI rating of 150.91, indicating highly productive, workable soils that generate immediate income for the new owner.

Investment & Income

With 22+/- tillable acres carrying a WAPI of 150.91, this ground is performing. Whether you're a farmer looking to add quality acres to your operation or an investor seeking income-producing land in a growth market, the numbers work in your favor from day one.

Development Potential

State Road 36 frontage in Pendleton is a rare find. Located outside city limits in Madison County — yet positioned directly in the path of growth — this property presents compelling possibilities for future development. The dual-parcel configuration straddling the highway creates unique flexibility that a single-sided tract simply cannot offer.

Location, Location, Location

Situated within the highly regarded Pendleton/South Madison School District, this property benefits from one of the most desirable addresses in Madison County. Pendleton continues to attract buyers, families, and developers alike, making ground on SR 36 increasingly difficult to come by.

Property Highlights:

35+/- total acres | Madison County

Dual parcels — north & south sides of State Road 36

22+/- tillable acres | WAPI 150.91

Spring Branch Ditch along east boundary

Outside city limits | Madison County jurisdiction

Pendleton/South Madison School District

Prime SR 36 highway frontage

Income-producing with development upside

Properties like this — combining productive farmground, highway visibility, and long-term development potential in a top-tier school district — don't come to market often. Call today to schedule your showing. For more information or a private showing call Chad Renbarger 317-418-7712 .