Ask Chad Renbarger
96+ Acres - Near LEAP CAMPUS - Boone County, IN
Description
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.
For more information or a private showing, contact: Chad Renbarger 317-418-7712
