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40+/- ACRES | HIGHWAY 13 CORRIDOR | MADISON COUNTY, INDIANA Highway 13, W 650 S & W 875 W | Ingalls/Pendleton Area South Madison Community School Corporation | 1 Mile to I-69 Interchange PROPERTY OVERVIEW 40+/- total acres of productive tillable farm ground Triple road frontage - 1,300+ feet on Highway 13, W 650 S, and W 875 W 3,900+ total linear feet of road frontage across 3 public roads 1 mile to I-69 on/off ramp (Pendleton/Ingalls interchange) Currently income-producing - farm lease in place AG zoned with transition potential to industrial, commercial, or residential Level topography - ideal for site development South Madison Community School Corporation Home: 1400+ square feet/ 2 Bed 1 Bathroom 3 Car Garage 24 x 40 Barn PROPERTY DESCRIPTION An opportunity to acquire a highly visible, triple-road-frontage farm in the direct path of industrial, commercial, and residential growth along the Highway 13 / I-69 corridor in Madison County. Currently in active agricultural production with a lease in place, this 40+/- acre tract sits at the intersection of three public roads - offering over 1,300 feet of frontage on each of Highway 13, W 650 S, and W 875 W - totaling more than 3,900 linear feet of combined exposure. Located just 1 mile from the I-69 interchange at Pendleton/Ingalls, the property sits squarely in the growth path radiating outward from one of Central Indiana's most active development corridors. Industrial users, logistics operators, commercial developers, and residential builders have all been active in this market, and recent comparable sales confirm strong buyer demand well above pure agricultural value. The farm is currently being farmed- a benefit for investors who want to hold the ground while pursuing entitlements, re-zoning, or a future development timeline. LOCATION HIGHLIGHTS Highway 13 frontage - major north/south arterial with high visibility W 650 S frontage - additional public road access on the north sid

Highlights

  • Land
  • Unimproved Land
  • 40.0 Acre Lot
  • 137 days on Market


  • Acres
    40.0
  • Lot Features
    Level, Corner Lot
  • View
    Rural
  • Water
    Well


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Frequently Asked Questions

How do I schedule a tour of 8934 W 650?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 8934 W 650.

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How do I get more information about 8934 W 650?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,200,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Pendleton, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 8934 W 650?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 8934 W 650 at around $12,520. This includes estimated property taxes and insurance.

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How do I get pre-approved to buy 8934 W 650?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Madison County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 8934 W 650?

In most cases, yes. Whether 8934 W 650 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Pendleton's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 8934 W 650?

We can handle that for you. Our preferred local agent specializes in lands in Pendleton and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

8934 W 650 was listed on June 25, 2026, which means it's been on the market for 137 days.

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What is the lot size of this property?

8934 W 650 sits on a 40.0-acre lot, which is 1,742,400 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Middle: Pendleton Heights Middle School
  • High: Pendleton Heights High School

Want to see how these schools compare? Check out our Madison County School Guide to see ratings, reviews, and more for the schools in the area.

Is 8934 W 650 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 09, 2026 at 08:53AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.