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    Anderson, IN Noblesville, IN Pendleton, IN Fishers, IN Fortville, IN Elwood, IN Ingalls, IN Cicero, IN
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Lapel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Residential Land Lot
    Residential Land Lot

    8186 W 875 S, Pendleton, IN 46064

    $100,000
    1,811 sqft 0.75 AC lot

    3/4-acre residential lot with utilities already on-site and views of mature trees and fields.

    View details
    Commercial Development Land with Highway Visibility
    Commercial Development Land with Highway Visibility

    16288 E 136th St, Fishers, IN 46037

    Contact for pricing
    71.73 AC lot

    ±71.73 acres of development land with 2,650 feet of frontage and Interstate 69 visibility in a PUDM I-69 overlay.

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    Commercial Development Land with I-69 Visibility
    Commercial Development Land with I-69 Visibility

    16288 E 136th St, Fishers, IN 46037

    Contact for pricing
    71.73 AC lot

    Approximately 71.73 acres with 2,650 feet of frontage along E 136th Street and prime PUDM zoning in I-69 overlay.

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    Development Site in Madison County
    Development Site in Madison County

    0 West 700 South, Pendleton, IN 46064

    Contact for pricing

    Pro-growth location with quick access to I-69 and Indianapolis.

    View details

    Off-Market Properties in Lapel, IN

    Consider similar Off-Market properties in Lapel, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1028 Main St
    VACANT COMMERCIAL LAND

    1028 Main St, Lapel, IN 46051-9773

    $160,000
    Estimated value
    1,933 sqft 0.22 AC lot
    View details
    132 Sr
    VACANT COMMERCIAL LAND

    132 Sr, Lapel, IN 46051

    $3,505,000
    Estimated value
    0.30 AC lot
    View details
    520 Pendleton Ave
    VACANT COMMERCIAL LAND

    520 Pendleton Ave, Lapel, IN 46051-9768

    $155,000
    Estimated value
    0.14 AC lot
    View details
    800 400th S
    INDUSTRIAL - VACANT LAND

    800 400th S, Lapel, IN 46051

    $60,000
    Estimated value
    1.76 AC lot
    View details
    910 Main St
    VACANT COMMERCIAL LAND

    910 Main St, Lapel, IN 46051-5537

    $145,000
    Estimated value
    1,476 sqft 0.20 AC lot
    View details
    6199 Pendleton Ave
    VACANT COMMERCIAL LAND

    6199 Pendleton Ave, Lapel, IN 46051

    $235,000
    Estimated value
    1.50 AC lot
    View details
    620 Pendleton Ave
    VACANT COMMERCIAL LAND

    620 Pendleton Ave, Lapel, IN 46051-9668

    $235,000
    Estimated value
    0.79 AC lot
    View details
    Main St
    VACANT COMMERCIAL LAND

    Main St, Lapel, IN 46051

    $230,000
    Estimated value
    0.20 AC lot
    View details
    323 8th St
    VACANT COMMERCIAL LAND

    323 8th St, Lapel, IN 46051-5587

    $230,000
    Estimated value
    0.09 AC lot
    View details
    State Rd 132nd 13
    INDUSTRIAL - VACANT LAND

    State Rd 132nd 13, Lapel, IN 46051

    $240,000
    Estimated value
    0.18 AC lot
    View details
    State Rd 132nd 13
    INDUSTRIAL - VACANT LAND

    State Rd 132nd 13, Lapel, IN 46051

    $240,000
    Estimated value
    1.06 AC lot
    View details
    13 Sr
    INDUSTRIAL - VACANT LAND

    13 Sr, Lapel, IN 46051

    $235,000
    Estimated value
    1.65 AC lot
    View details

    Lapel, IN Land Market Trends and Statistics

    Explore 13 land 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 lots 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Agricultural land / Farmland 1
    Commercial land 1
    Recreation land 1
    Residential land & home lots 1

    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 $5.8M

    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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