Search Land - 96+ Acres - Near LEAP CAMPUS - Boone County, IN

96+ Acres - Near LEAP CAMPUS - Boone County, IN

price

$1,999,000|Listed: Mar 6, 2025

MLS#1258000

location

0 N Caldwell Rd, Lebanon, Boone County, Indiana

Status:Active

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Property Type

  • Farm
  • Acreage
  • Recreational Land
  • Commercial Acreage
  • Hunting Land
  • Equestrian Property

Acreage

96.22 acres

County

Boone, Indiana

Format

Sale

Description

For Sale in Lebanon, IN, a rare opportunity to own over 96 acres of premium land in the heart of Boone County, just north of Lebanon, IN. This versatile property offers a mix of agricultural income, recreational use, and incredible future development potential.

Property Highlights:Total Acres: 96.12±

Access: Less than 1.5 miles to Hwy 47, 5 miles to Hwy 39, and under 3.5 miles (as the crow flies) from the rapidly growing Eli Lilly LEAP Campus, the largest manufacturing investment at a single site in the company's history.

Tillable Land: 74+ acres (currently generating income through a 50/50 share crop lease, averaging approximately $275/acre)

Woods: 22± acres of mature timber, ideal for hunting, recreation

Hunting Lease Income: Currently bringing in $5,000/year.

Location Perks: Only 23 miles to Carmel, 27 miles to downtown Indianapolis, and situated in a prime corridor of future growth and development.

Why This Property?

Income-Producing: Crop and hunting leases provide solid annual revenue.Development Potential: Located in a booming area with major corporate investments and infrastructure improvements on the horizon.Recreational Appeal: Hunting, hiking, or simply enjoying your own private woodland.Strategic Location: Growth is coming!

Investment Outlook:

With Boone County poised for unprecedented growth over the next decade, this property stands as an exceptional long-term investment, whether you're looking for a working farm, a recreational retreat, or a future development site.

For more information or a private showing, contact: Chad Renbarger 317-418-7712

Listing Agent

img

Chad Renbarger

Co-Op Member Owner

company

Mossy Oak Properties Indiana Land Lifestyle

location

Co-op approved lenders in Boone County, Indiana:
Farm Credit
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