Courtesy of: Chad Renbarger, Mossy Oak Properties Michigan Outdoors, crenbarger2@mossyoakproperties.com
Courtesy of: Chad Renbarger, Mossy Oak Properties Michigan Outdoors, crenbarger2@mossyoakproperties.com
$1,999,000
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Lot: 96.22 Acres
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Other
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$1,999,000
7134 N Caldwell Rd 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.
Courtesy of: Chad Renbarger, Mossy Oak Properties Michigan Outdoors, crenbarger2@mossyoakproperties.com
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