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Taylor Thomas

realtor@taylorthomasrealty.com +1(317) 502-5098

Listed by Michael Kosene • Kosene & Kosene Residential

$ 1,499,999

Est. payment | -/mo

39.95 Acres Lot

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$ 1,499,999

Est. payment | -/mo

Save Virtual Tour

39.95 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Subdivision Madison Avenue

MLS Listing ID 22025177

HOA Y/N No

Tax Year 2024

Lot Size 39.950 Acres

Acres 39.95

Property Sub-Type Farm

Property Description

This offering presents an exceptional opportunity to acquire approximately 40 acres within the incorporated Town of Pendleton, one of Madison County's most established and steadily growing communities. The property is identified in the Town's Comprehensive Plan for future residential development and represents one of the last remaining large contiguous tracts within municipal boundaries. All utilities are available at the site, providing a strong foundation for efficient development planning. Strategically positioned near key community amenities, the property offers proximity to local retail services, municipal facilities, and Pendleton's historic downtown district. The site also benefits from convenient regional connectivity via State Road 67, providing direct access to the greater Indianapolis metropolitan area. Pendleton is known for its well-maintained infrastructure, walkable downtown environment, and golf-cart-permitted local road network - a distinctive community feature that enhances internal connectivity and local mobility. With limited remaining large-scale residential land within town limits, this offering presents a rare opportunity for developers to deliver thoughtfully planned housing in a supply-constrained submarket supported by strong regional growth dynamics. The seller welcomes proposals and encourages prospective purchasers to submit development concepts for consideration.

Location

State IN

County Madison

Zoning A-1

Interior

Fireplace N

Exterior

View Y/N false

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Pendleton Elementary School

Middle Schools Pendleton Heights Middle School

High Schools Pendleton Heights High School

School District South Madison Com Sch Corp

Others

Acceptable Financing Not Applic

Listing Terms Not Applic

Virtual Tour https://listings.indianaskypics.com/sites/rxkbpma/unbranded

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Taylor Thomas

Broker-Owner | Lic# RB19001934

realtor@taylorthomasrealty.com

+1(317) 502-5098

9465 Counselors Row, Ste. 200, Indianapolis, IN, 46240

460 E Madison AVE Pendleton, IN 46064

Taylor Thomas

Key Details

Location

Interior

Exterior

Building

Schools

Others

460 E Madison AVE