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9007 S Indiana 13 & Indiana 38 Highway

Lapel, IN 46051

ActiveListed Nov 24, 2025 · 216 days on market

Key facts

Lot
148.88 acres
Type
Land · Unimproved Land
MLS #
22074699
County
Madison
Subdivision
No Subdivision

About this home

Prime Development Opportunity - IN Highway 13 & 38 - in Madison County, Indiana! Property Overview: Discover an exceptional investment opportunity with this expansive 148-acre property located in the rapidly growing area of Madison County, Indiana. This prime land parcel offers vast potential for development, agriculture, or recreational use. Key Features: Size: Over 148 acres Road Frontage: Highway 13: Over 2,200 feet Highway 38: Over 1,700 feet Utilities: Fall Creek sewer access just across Highway 13 Water supply located less than 1/4 mile from the property Zoning: Falls under the jurisdiction of the Town of Lapel Location Highlights: Just 10 miles to downtown Fishers, IN Only 8 miles to Noblesville, IN 3 miles to Lapel, IN A mere 1.3 miles from Interstate I-69, providing easy access to major highways and surrounding areas Investment Potential: With its strategic location and substantial road frontage, this property is ideal for residential, commercial, or mixed-use development. The surrounding communities are experiencing significant growth, making this an opportune moment to invest in this high-demand area.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
Ag, Commercial

Schools

Middle school
Lapel Middle School
School district
Frankton-Lapel Community Schools

Taxes

Estimated annual tax
$3,150 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$55,168per month, estimated
Principal and interest $51,340Property tax $263Insurance $3,565
20% · $2,037,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$10,185,000
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