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Lapel, IN Land 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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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

Agricultural Land Parcel
Agricultural Land Parcel

16550 E 156th Street, Noblesville, IN 46060

$1,798,000
25.69 AC lot

Agricultural-zoned vacant land along the 156th Street corridor near retail and entertainment destinations.

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Commercial Land
Commercial Land

E 136th Street, Fishers, IN 46037

Contact for pricing
16.14 AC lot

The site lies along a corridor the Fishers 2040 plan identifies for employment and commercial development.

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Agricultural Land Parcel
Agricultural Land Parcel

16550 E 156th Street, Noblesville, IN 46060

$1,798,000

Agricultural-zoned vacant land positioned along the 156th Street corridor near established entertainment and retail destinations.

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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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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

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

132 Sr, Lapel, IN 46051

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

520 Pendleton Ave, Lapel, IN 46051-9768

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

800 400th S, Lapel, IN 46051

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

910 Main St, Lapel, IN 46051-5537

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

6199 Pendleton Ave, Lapel, IN 46051

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

620 Pendleton Ave, Lapel, IN 46051-9668

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

Main St, Lapel, IN 46051

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

323 8th St, Lapel, IN 46051-5587

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

State Rd 132nd 13, Lapel, IN 46051

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

State Rd 132nd 13, Lapel, IN 46051

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

13 Sr, Lapel, IN 46051

Estimated value:
$235,000
1.65 AC lot
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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
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 $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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