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.
Pending
$1,999,000
7134 N Caldwell Rd, Lebanon, IN 46052
--beds
--baths
96.22Acres
Est.:
Unimproved Land, Farm
Built in ----
96.22 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 321 days |
- 14 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 24, 2025 at 03:52am
Listing Provided by:
Chad Renbarger 317-418-7712,
Mossy Oak Properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22025482
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
- Cumulative days on market: 308 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Contingent | $1,999,000 |
Source: My State MLS #11596741 Report a problem | ||
| 12/16/2025 | Pending sale | $1,999,000 |
Source: | ||
| 8/13/2025 | Price change | $1,999,000-3.9% |
Source: | ||
| 6/16/2025 | Listed for sale | $2,081,000 |
Source: | ||
| 6/10/2025 | Pending sale | $2,081,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
BuyAbility℠ payment
Est. payment
$11,831/mo
Principal & interest
$9782
Property taxes
$1349
Home insurance
$700
Climate risks
Neighborhood: 46052
Nearby schools
GreatSchools rating
- 7/10Thorntown Elementary SchoolGrades: PK-6Distance: 8.2 mi
- 6/10Western Boone Jr-Sr High SchoolGrades: 7-12Distance: 10.2 mi





