Agricultural

Lapel, IN Agricultural Land / Farmland for Sale

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Development Land with Highway Frontage
Updated: Nov 24, 2025
Development Land with Highway Frontage

IN Hwy 13 & 38, Lapel, IN 46051

$11,497,660
148.88 AC lot
148+ acre land parcel in Madison County, Indiana, with development, agriculture, or recreational use potential.
Road frontage along Highway 13 (2,200+ ft) and Highway 38 (1,700+ ft).
Fall Creek sewer access just across Highway 13.
Water supply located less than 1/4 mile from the property.
Zoned under the jurisdiction of the Town of Lapel.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lapel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Development Land
Agricultural Development Land

16550 E 156th Street, Noblesville, IN 46060

$1,798,000
25.69 AC lot

Vacant land zoned agricultural in Hamilton County, positioned near major retail and planned corridor improvements.

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Corner Agricultural Land Parcel
Corner Agricultural Land Parcel

700 West North, Fortville, IN 46040

$1,500,000
1,657,589 sqft 38.00 AC lot

AG-zoned land at the corner of 700 W and N 50 W, suited for farming, residential development, or investment.

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GPS-Ready Agricultural Land
GPS-Ready Agricultural Land

0 W 1000 N, Fortville, IN 46040

$540,000

For-sale agricultural land located in Hancock County with GPS-friendly directions.

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Multi-Use Development Land
Multi-Use Development Land

14600 N Olio Road, Noblesville, IN 46060

$44,505,000

Development land suitable for multiple uses or a PUD, with utilities nearby.

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Lapel, IN Agricultural Land / Farmland Market Trends and Statistics

Explore 1 agricultural land / farmland for sale in Lapel, IN on our real estate platform. These investment opportunities span a total of 6,485,213 square feet of properties for sale, with an estimated market value of $11,497,660.

Sale prices for farmlands in Lapel, IN average $11,497,660 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,857
Population Growth (5Y) +3.7%
Median Household Income $77,411
College Educated 38.0%

High-Yield Neighborhoods for Investment

Identify Lapel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46051 $11.5M

Taxes & Financing

Tax Rate (average for all types) 2.64%
Property Tax per SF $37.55 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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