8934 W 650 S, Pendleton, IN 46064
Property image
Property image
FOR SALE
40 ACRES

$2,200,000

    8934 W 650 S, Pendleton, IN 46064

    Est. Mortgage $12,767/mo*
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    Home Highlights

    Listed
    61 days ago

    Local Information

    • Map ViewExplore the area around 8934 W 650 S.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    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
    Last check for updates: about 8 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.

    Home Details for 8934 W 650 S

    Active Status

    MLS Status: Active

    Interior Features

    View
    Has a ViewView: Rural

    Exterior Features

    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

    Days on Market

    Cumulative Days on Market: 1Days on Market: 61

    Property Information

    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,

    Price & Status

    Price
    List Price: $2,200,000
    Status Change & Dates
    Possession Timing: Negotiable

    Location

    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

    Agent Information

    Listing Agent
    Listing ID: 22110350

    Lot Information

    Lot Area: 40 Acres

    Miscellaneous

    Mls Number: 22110350

    Around this home

    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.
    • Hope Walker
      "Nothing that I can think of. The neighborhood is very dog friendly"
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    • Taylor B.
      "Lapel is a great place for dogs! There’s many different places to take them on walks and the speed limit is only 20 mph through most of town. Very pet friendly area! "
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    • Taylor B.
      "It is a very friendly, safe neighborhood to ride bikes or go on walks. I’ve lived here for years and went to school here, it was a great place to grow up. "
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    • Wila
      "The annual Village Fair which has town wide yard sales, a parade, & downtown Lapel is blocked off with food & craft vendors. Our Schools rank in the top schools in the state. Our sports teams are competitive for a small school. Neighbors help each other like family! Local churches host community events along with different local organizations for things like a fish fry or Fall Bazaar."
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    • Lorine n.
      "It is a small town, feel country-like but still close to many city conveniences (within 20-30 minutes). "
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    • Lorine n.
      "I live here now. I have had friends that have lived here their entire lives and can’t imagine living anywhere else. "
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    • MD W.
      "I work here and know many people here. It's an amazing small town. For those of you who don't like traffic congestion and noice - this is THE PLACE to live in NE metro Indianapolis."
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    • grimmy1972
      "Great schools, quiet and safe community, and friendly people. Short drive to Anderson, Noblesvile, Fishers and Indy."
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    • Sharon N. W. D.
      "I moved to the town of Lapel 24 yrs. ago and have enjoyed living here very much. I do regret that the community leaders have not pushed for more shopping or parking in the downtown. If an organization such as Main Street USA were brought in this could make such a difference towards addressing these needs. A progressive town board as well as other boards, is needed. Lapel sets in an ideal location as it did so many years ago when the railroad was brought through and the town was created---highway 37, 32 and 69 are our railroad crossing today."
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    • Sharon N. W. D.
      "Lapel is a very family oriented community. Everyone is friendly, a wave or hello is always being given. They allow golf carts for in- town commuting, and during the Village Fair that is the desired mode of transportation. They have a great marching band at both Jr. High and High School level and athletic departments at both. A great volunteer fire department, parks department and involved town board. They are building a park for various sports (smaller version of Westfield) as well as a dog park. They also have two existing parks, with a water park located in one. The town has a library (Anderson branch) which is very inviting for readers, if they don't have it they will get it. Lapel is a very safe place to live with neighbors watching out for each other. The only thing that is lacking within the town itself is places to shop but Noblesville, Fishers, and Anderson are just minutes away. I would highly recommend Lapel, In. to anyone who wants all the perks of living near to everything but low cost of living, and the quaintness of a small town."
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    Market trends in Lapel

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    19
    4    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    6397 S State Road 13, Pendleton, IN
    0.13
    Lot/Land
    $1,550,000
    04/10/26
    -
    -
    5615 S State Road 13, Lapel, IN
    0.90
    Lot/Land
    $55,000
    04/15/26
    -
    -
    16200 State Road 38 E, Noblesville, IN
    2.00
    Lot/Land
    $1,350,000
    09/26/25
    -
    -
    8186 W 875 S, Pendleton, IN
    2.35
    Lot/Land
    $87,630
    07/30/26
    -
    -
    S 625 W, Pendleton, IN
    2.75
    Lot/Land
    $295,000
    12/17/25
    -
    -
    7700 S 1000 W, Pendleton, IN
    3.63
    Lot/Land
    $462,000
    01/09/26
    -
    -
    323 Central Ave, Lapel, IN
    3.73
    Lot/Land
    $43,000
    08/14/26
    -
    -
    441 N Alfonte St, Ingalls, IN
    3.96
    Lot/Land
    $36,000
    01/09/26
    -
    -
    W State Road 32, Anderson, IN
    4.60
    Lot/Land
    $835,000
    01/28/26
    -
    -
    395 E Menden Rd, Ingalls, IN
    4.47
    Lot/Land
    $120,000
    09/30/25
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    State Road 13/650, Pendleton, IN 46064
    0.12
    $2,200,000
    2
    1
    1,410
    For Sale
    6397 S State Road 13, Pendleton, IN 46064
    0.13
    $1,550,000
    -
    -
    -
    Recently Sold
    6325 S State Route 13, Pendleton, IN 46064
    0.29
    -
    -
    -
    -
    Off Market
    9007 S Indiana Hwy #13 & 38, Lapel, IN 46051
    0.52
    $10,185,000
    -
    -
    -
    For Sale
    Highway 13 #38, Lapel, IN 46051
    0.55
    $10,185,000
    -
    -
    -
    For Sale
    State Highway 13 #&-38, Lapel, IN 46051
    0.60
    $11,497,660
    -
    -
    -
    For Sale
    S State Road 13 #&-38, Lapel, IN 46051
    0.65
    $3,450,000
    -
    -
    -
    For Sale
    8320 W 700 S, Pendleton, IN 46064
    0.66
    $795,000
    3
    2.5
    2,379
    Recently Sold
    650 S Pendleton Pike, Fortville, IN 46040
    0.71
    -
    -
    -
    -
    Off Market
    S 1000 W, Lapel, IN 46051
    0.72
    -
    -
    -
    -
    Off Market
    9222 W State Road 38, Lapel, IN 46051
    0.83
    -
    4
    2.5
    2,437
    Off Market

    Price and Tax history

    DateEventPrice
    Jun 25, 2026
    Source: MIBOR as distributed by MLS GRID #22110350
    		Listed For Sale
    $2,200,000

    LGBTQ Local Legal Protections

    Chad Renbarger, Mossy Oak Properties
    Agent Phone: (317) 418-7712
    Based on information submitted to the MLS GRID as of 2026-08-25 10:18:02 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

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    Frequently asked questions about 8934 W 650 S

    • How big is 8934 W 650 S?
      8934 W 650 S in Pendleton, IN is about 40 acres.
    • What is the price per acre for 8934 W 650 S?
      8934 W 650 S in Pendleton, IN is listed at $2,200,000, or about $55K per acre.
    • What do residents say about Pendleton?
      Residents describe Pendleton, IN as easy to park in, dog-friendly, and walkable to restaurants. See homes for sale in Pendleton, IN.
    • What are the closest schools to 8934 W 650 S?
      The closest schools to 8934 W 650 S in Pendleton, IN are Pendleton Elementary School (Pre-K, rated 7/10), Pendleton Heights High School (rated 10/10), Pendleton Heights Middle School (rated 8/10).
    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.