Search Land - 96+ Acres - Near LEAP CAMPUS - Boone County, IN
96+ Acres - Near LEAP CAMPUS - Boone County, IN
$2,081,000
MLS #IN1258000
0 N Caldwell Rd, Lebanon, IN
Status: Active
Photos
1/24
Property Type
Acreage
Commercial Acreage
Equestrian Property
Farm
Hunting Land
Recreational Land
Acreage
96.22 acres
County
Boone, IN
Format
Sale
Virtual Tour
View
Features
N/A
List Date
Mar 6, 2025
Documents
N/A
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
Land Broker Co-op assumes no responsibility for the accuracy of information contained herein. Information contained herein has been provided by either the property owner or the listing broker and is assumed to be accurate and reliable. Buyers acknowledge, and shall assume full responsibility for verification of all information contained herein.