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Sold
  • $1,683,850

    7134 N Caldwell Rd, Lebanon, IN 46052

    --beds
    --baths
    96.22Acres
    Unimproved Land, Farm
    Built in ----
    96.22 Acres Lot
    $867,200 Zestimate®
    $--/sqft
    $1,881 Estimated rent

    Home value

    $867,200

    $538,000 - $1.24M

    $1,881/mo

    Zestimate® history
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    $8,255/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: February 02, 2026 at 06:09am

    Listing Provided by:

    Chad Renbarger 317-418-7712,

    Mossy Oak Properties

    Bought with:

    Chad Renbarger

    Mossy Oak Properties

    Source: MIBOR as distributed by MLS GRID,MLS#: 22025482MLS Logo

    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 & neighborhood

    Location
    • Region: Lebanon
    • Subdivision: No Subdivision

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    1/28/2026Sold$1,683,850-15.8%
    Source: MIBOR as distributed by MLS GRID #22025482 Report a problem
    12/17/2025Contingent$1,999,000
    Source: My State MLS #11596741 Report a problem
    12/16/2025Pending sale$1,999,000
    Source: MIBOR as distributed by MLS GRID #22025482 Report a problem
    8/13/2025Price change$1,999,000-3.9%
    Source: MIBOR as distributed by MLS GRID #22025482 Report a problem
    6/16/2025Listed for sale$2,081,000
    Source: MIBOR as distributed by MLS GRID #22025482 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,613 +3.6%$279,600 +6.5%
    2023$1,557 +10.2%$262,600 +8.6%
    2022$1,413 +13.8%$241,700 +13.7%

    Find assessor info on the county website

    Neighborhood: 46052

    Nearby schools

    GreatSchools rating