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    7134 N Caldwell Rd Lebanon, IN 46052

    For Sale
    $1,999,000

    Vacant Land - Lebanon, IN

    Lot size:
    96.22 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 7134 N Caldwell Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    300
    APN
    06-15-30-000-009.001-004,06-15-31-000-02
    Parking features
    Garage
    Lot size
    96.22 Acres

    Building Details

    Architectural style
    Other

    Mossy Oak Properties Michigan Outdoors

    Listing agent Chad Renbarger (269) 313-0350

    Listing date Oct 27, 2025

    MLS# 11596741 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    96 Acres of Versatile Land

    Located north of Lebanon, Indiana, this 96.12-acre property in Boone County presents a versatile opportunity. The land features over 74 tillable acres currently under a 50/50 share crop lease, generating an average income of approximately $275 per acre. Additionally, there are approximately 22 acres of mature timber, suitable for hunting and recreation, which currently bring in $5,000 per year through a hunting lease. The property is located less than 1.5 miles from Hwy 47, 5 miles to Hwy 39, and under 3.5 miles from the Eli Lilly LEAP Campus. Situated 23 miles from Carmel and 27 miles from downtown Indianapolis, the property is positioned in a corridor of future growth and development. This property offers agricultural income, recreational use, and future development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Law Firm Auto Repair Shop HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Boone
    State
    Indiana
    Longitude
    -86.451188
    Latitude
    40.14256

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    FAQs

    What type of property is this?
    Agricultural land - 96-acre property with income potential near Lebanon, Indiana.
    Where is this agricultural land located?
    The property is located at 7134 N Caldwell Rd Lebanon, IN.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - Prime Location: In Boone County, near Lebanon, IN, in a high-growth corridor.; - Income-Producing Land: Generates income from tillable land and a hunting lease.; - Significant Development Potential: Located in an area poised for substantial growth.
    (269) 313-0350
    Request Owner's contact information
    7134 N Caldwell Rd Lebanon, IN 46052
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    Lebanon, IN 46052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7134 N Caldwell Rd Lebanon, IN 46052
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