$2,200,000
2 Beds
1 Bath
1,410 sqft (on 40 acres)
State Road 13/650, Pendleton, IN 46064
Est. Mortgage $13,654/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
40 acre lot
$1,560/sqft
Local Information
- Map ViewExplore the area around State Road 13/650.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Productive tillable farm ground
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 side
W 875 W frontage - third road access on the west side
1 mile to I-69 - direct connection to the regional logistics and transportation network
Minutes to Pendleton, Ingalls, Anderson, and the greater Indianapolis metro
In the direct path of industrial and commercial growth expanding along the I-69 corridor
Southward pressure from Hamilton County buyers driving demand in Madison County
BUYER OPPORTUNITY
Farmer / Operator - Expand an existing operation on productive, well-accessed ground
Land Investor / 1031 Exchange - Income-producing asset with long-term corridor appreciation
Industrial Developer - I-69 access, Hwy 13 visibility, level terrain, and multi-point access
Commercial Developer - 3,900+ ft of frontage creates exceptional outparcel and pad site flexibility
Residential Developer - South Madison Schools, level ground, and triple road access for phased development
CONTACT
| Owner / Agent
Mossy Oak Properties Indiana Land & Lifestyle
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 side
W 875 W frontage - third road access on the west side
1 mile to I-69 - direct connection to the regional logistics and transportation network
Minutes to Pendleton, Ingalls, Anderson, and the greater Indianapolis metro
In the direct path of industrial and commercial growth expanding along the I-69 corridor
Southward pressure from Hamilton County buyers driving demand in Madison County
BUYER OPPORTUNITY
Farmer / Operator - Expand an existing operation on productive, well-accessed ground
Land Investor / 1031 Exchange - Income-producing asset with long-term corridor appreciation
Industrial Developer - I-69 access, Hwy 13 visibility, level terrain, and multi-point access
Commercial Developer - 3,900+ ft of frontage creates exceptional outparcel and pad site flexibility
Residential Developer - South Madison Schools, level ground, and triple road access for phased development
CONTACT
| Owner / Agent
Mossy Oak Properties Indiana Land & Lifestyle
Contact this Building
Last check for updates: about 8 hours ago
Listing courtesy of Chad Renbarger
Mossy Oak Properties Indiana Land and Lifestyle, (765) 505-4155
Source: REALSTACK, MLS#22110350
Home Details for State Road 13/650
|
|---|
Days on Market: 97 days on Trulia |
|
|---|
Property Type / Style Property Type: Single Family Home |
|
|---|
Price Price Per Sqft: $1,560 |
|
|---|
Listing Agent MLS/Source ID: 22110350 |
|
|---|
Lot Area: 0.00 Acres |
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.
Market trends in Lapel
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
16
3MoM
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 |
|---|---|---|---|---|---|---|---|
0.69 | Single-Family Home | $795,000 | 11/14/25 | 3 | 2.5 | 2,379 | |
1.21 | Single-Family Home | $390,000 | 08/17/26 | 3 | 1 | 1,988 | |
1.80 | Single-Family Home | $238,000 | 11/10/25 | 3 | 2 | 1,310 | |
1.80 | Single-Family Home | $283,000 | 11/25/25 | 3 | 2 | 1,781 | |
1.90 | Single-Family Home | $225,000 | 11/19/25 | 3 | 2 | 1,192 | |
1.77 | Single-Family Home | $287,000 | 04/27/26 | 3 | 2.5 | 2,174 | |
2.08 | Single-Family Home | $342,000 | 08/19/26 | 2 | 2 | 1,768 | |
1.83 | Single-Family Home | $270,000 | 04/30/26 | 3 | 2.5 | 2,035 | |
1.83 | Single-Family Home | $286,500 | 04/16/26 | 3 | 2.5 | 2,226 |
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 |
|---|---|---|---|---|---|---|
0.12 | $2,200,000 | - | - | - | For Sale | |
0.15 | $1,550,000 | - | - | - | Recently Sold | |
0.19 | - | 3 | 1 | 1,312 | Off Market | |
0.25 | $565,300 | Studio | - | 945 | Off Market | |
0.25 | $267,600 | 3 | 1 | 2,944 | Off Market | |
0.26 | - | - | - | - | Off Market | |
0.26 | $508,700 | 3 | 1 | 2,044 | Off Market | |
0.34 | - | Studio | - | - | Off Market | |
0.34 | - | - | - | - | Off Market | |
0.34 | - | - | - | - | Off Market | |
0.35 | - | 2 | 1 | 912 | Off Market | |
0.36 | $1,372,500 | 3 | 4 | 3,142 | Off Market | |
0.41 | - | Studio | - | - | Off Market | |
0.45 | $1,073,000 | 2 | 2 | 1,816 | Off Market | |
0.45 | $707,900 | 3 | 1 | 1,410 | Off Market | |
0.46 | $10,185,000 | - | - | - | For Sale | |
0.47 | $10,185,000 | - | - | - | For Sale | |
0.50 | $1,032,200 | 4 | 1 | 2,547 | Off Market | |
0.50 | - | - | - | 1,160 | Off Market | |
0.51 | $11,497,660 | - | - | - | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 25, 2026 Source: REALSTACK #22110350 | Listed For Sale | $2,200,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Similar Homes You May Like
NEW CONSTRUCTIONeXp Realty, LLC
See more homes for sale inPendleton
New Listings near State Road 13/650
NEW CONSTRUCTION0.75 ACRESIntegra Builders
10.11 ACRESRE/MAX Real Estate Solutions- See more homes for sale inPendleton
Frequently asked questions about State Road 13/650
- What is the estimated monthly payment for State Road 13/650?Based on a $2,200,000 list price with 20% down at today's rates, the estimated monthly payment for State Road 13/650 in Pendleton, IN is approximately $13,970 (about $12,502 principal & interest, $1,393 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- 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 State Road 13/650?The closest schools to State Road 13/650 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).
- How big is the lot at State Road 13/650?The lot at State Road 13/650 in Pendleton, IN is about 40 acres.
State Road 13/650, Pendleton, IN 46064 is a 2 bedroom, 1 bathroom, 1,410 sqft single-family home. This property is currently available for sale and was listed by REALSTACK on Jun 25, 2026. The MLS # for this home is MLS# 22110350.