For Sale in Lebanon, IN, a rare opportunity to own over 96 acres of premium land in the heart of Boone County, just north of Lebanon, IN. This versatile property offers a mix of agricultural income, recreational use, and incredible future development potential. Property Highlights: Total Acres: 96.12 Access: Less than 1.5 miles to Hwy 47, 5 miles to Hwy 39, and under 3.5 miles (as the crow flies) from the rapidly growing Eli Lilly LEAP Campus, the largest manufacturing investment at a single site in the company's history. Tillable Land: 74+ acres (currently generating income through a 50/50 share crop lease, averaging approximately $275/acre) Woods: 22 acres of mature timber, ideal for hunting, recreation Hunting Lease Income: Currently bringing in $5,000/year. Location Perks: Only 23 miles to Carmel, 27 miles to downtown Indianapolis, and situated in a prime corridor of future growth and development. Why This Property? Income-Producing: Crop and hunting leases provide solid annual revenue. Development Potential: Located in a booming area with major corporate investments and infrastructure improvements on the horizon. Recreational Appeal: Hunting, hiking, or simply enjoying your own private woodland. Strategic Location: Growth is coming! Investment Outlook: With Boone County poised for unprecedented growth over the next decade, this property stands as an exceptional long-term investment, whether you're looking for a working farm, a recreational retreat, or a future development site.
Active
$2,081,000
7134 N Caldwell Rd, Lebanon, IN 46052
--beds
--baths
96.22Acres
Unimproved Land, Farm
Built in ----
96.22 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 158 days
- on Zillow |
- 177 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 11:51am
Listing Provided by:
Chad Renbarger 317-418-7712,
Mossy Oak Properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22025482

Travel times
Facts & features
Property
Lot
- Size: 96.22 Acres
- Features: Irregular Lot, Mature Trees, Rural, Small Trees, Wooded, Other
- Topography: Level,Wooded
Details
- Additional parcels included: 061531000020.000004
- Parcel number: 061530000009001004
- Zoning: AG
- Zoning description: Agricultur
- Horse amenities: None
Utilities & green energy
- Water: Not Applic
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Lebanon
Financial & listing details
- Tax assessed value: $279,600
- Annual tax amount: $2,660
- Date on market: 3/7/2025
- Road surface type: Asphalt
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