8934 W 650 S
Pendleton, IN 46064
(on 40 acres)
Local Information
-- mins to
Description
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 sid
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
15 days ago
Home Details for 8934 W 650 S
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MLS Status: Active |
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View Has a ViewView: Rural |
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Exterior Home Features Other Structures: Barn(s), Tenant House |
Frontage Road Frontage: County Road, Highway, County Rd, See RemarksRoad Surface Type: Asphalt |
Water & Sewer Sewer: Septic Tank |
Farm & Range Horse Amenities: None |
Surface & Elevation Topography: Level |
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Cumulative Days on Market: 1Days on Market: 15 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New ConstructionHas Additional Parcels |
Property Information Parcel Number: 481515200009000044Additional Parcels Description: 481515200009.000044, 481515200009.000044, 481515200009.000044, 481515200009.000044, 481515200009.000044, |
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Price List Price: $2,200,000 |
Status Change & Dates Possession Timing: Negotiable |
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Direction & Address City: PendletonCommunity: No Subdivision |
School Information Jr High / Middle School: Pendleton Heights Middle SchoolHigh School: Pendleton Heights High SchoolHigh School District: South Madison Com Sch Corp |
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Listing Agent Listing ID: 22110350 |
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Lot Area: 40 Acres |
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Mls Number: 22110350 |
Last check for updates: about 16 hours ago
Listing Provided by: Chad Renbarger, (317) 418-7712
Mossy Oak Properties
Source: MIBOR as distributed by MLS GRID, MLS#22110350

Also Listed on MIBOR as distributed by MLS GRID.
Market trends in Lapel
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
15
7MoM
Price History for 8934 W 650 S
| Date | Price | Event | Source |
|---|---|---|---|
| 06/25/2026 | $2,200,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22110350 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,848 |
| Assessment | $159,200 |
Home facts updated by county records
Comparable Sales for 8934 W 650 S
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Lot/Land | $1,550,000 | 04/10/26 | - | - | ||
0.90 | Lot/Land | $55,000 | 04/15/26 | - | - | ||
1.15 | Lot/Land | $225,000 | 07/31/25 | - | - | ||
2.00 | Lot/Land | $1,350,000 | 09/26/25 | - | - | ||
2.75 | Lot/Land | $295,000 | 12/17/25 | - | - | ||
2.41 | Lot/Land | $100,000 | 07/31/25 | - | - | ||
2.65 | Lot/Land | $3,131,000 | 07/16/25 | - | - | ||
3.63 | Lot/Land | $462,000 | 01/09/26 | - | - | ||
4.13 | Lot/Land | $1,521,464 | 08/19/25 | - | - | ||
3.96 | Lot/Land | $36,000 | 01/09/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 8934 W 650 S.
What Locals Say about Lapel
At least 10 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say it's dog friendly
95 % Say it's walkable to restaurants
95 % Say kids play outside
88 % Say there's holiday spirit
86 % Say people would walk alone at night
71 % Say yards are well-kept
70 % Say neighbors are friendly
60 % Say streets are well-lit
60 % Say it's quiet
59 % Say car is needed
56 % Say there are sidewalks
47 % Say there are community events
44 % Say there's wildlife
44 % Say they plan to stay for at least 5 years
25 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Chad Renbarger, Mossy Oak Properties
Agent Phone: (317) 418-7712

Based on information submitted to the MLS GRID as of 2026-07-10 10:23:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
8934 W 650 S, Pendleton, IN 46064 is a lot/land. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jun 25, 2026. The MLS # for this home is MLS# 22110350.

