State Road 13/650, Pendleton, IN 46064
FOR SALE
NEW - 5 HRS AGO
3D VIEW
40 ACRES

State Road 13/650
Pendleton, IN 46064

  • 2 Beds
  • 1 Bath
  • 1,410 sqft (on 40 acres)

$2,200,000

Est. Mortgage $12,546/mo*
Get Pre-Qualified

$2,200,000

Est. Mortgage $12,546/mo*
Get Pre-Qualified
2 Beds
1 Bath
1,410 sqft
(on 40 acres)

Local Information

  • Map ViewExplore the area around State Road 13/650.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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 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
Property Website

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$1,560
Listed
Less than a day ago

Home Details for State Road 13/650

Days on Market

Days on Market: <1 day on Trulia

Property Information

Property Type / Style
Property Type: Single Family Home

Price & Status

Price
Price Per Sqft: $1,560

Agent Information

Listing Agent
MLS/Source ID: 22110350

Lot Information

Lot Area: 0.00 Acres
Last check for updates: about 2 hours ago
Listing courtesy of Chad Renbarger
Mossy Oak Properties Indiana Land and Lifestyle, (765) 505-4155
Source: REALSTACK, MLS#22110350

Market trends in Lapel

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15
7MoM

Price History for State Road 13/650

DatePriceEventSource
06/25/2026$2,200,000Listed For SaleREALSTACK #22110350

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New Listings near State Road 13/650

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Comparable Sales for State Road 13/650

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8320 W 700 S, Pendleton, IN
0.69
Single-Family Home
$795,000
11/14/25
3
2.5
2,379
9544 W Campfire Dr, Pendleton, IN
1.80
Single-Family Home
$238,000
11/10/25
3
2
1,310
9560 W Campfire Dr, Pendleton, IN
1.81
Single-Family Home
$245,000
07/31/25
3
2
1,300
8180 S Lodge Ln, Pendleton, IN
1.80
Single-Family Home
$283,000
11/25/25
3
2
1,781
9674 W Lantern Ln, Pendleton, IN
1.90
Single-Family Home
$225,000
11/19/25
3
2
1,192
9829 Hulton Rd, Pendleton, IN
1.97
Single-Family Home
$287,000
06/27/25
3
2
1,272
8032 W Campfire Dr, Pendleton, IN
1.77
Single-Family Home
$287,000
04/27/26
3
2.5
2,174
9307 W Dockside Cir, Pendleton, IN
1.75
Single-Family Home
$268,500
07/01/25
4
2.5
1,782
9478 W Lantern Ln, Pendleton, IN
1.83
Single-Family Home
$270,000
04/30/26
3
2.5
2,035

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for State Road 13/650.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • 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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LGBTQ Local Legal Protections

Chad Renbarger, Mossy Oak Properties Indiana Land and Lifestyle, (765) 505-4155
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.