Skip to content

475 West

Pendleton, IN 46064

ActiveListed Aug 7, 2026 · 2 days on market

Key facts

Lot
23 acres
Type
Land · Farm
MLS #
22118888
County
Madison
Subdivision
No Subdivision

About this home

RARE 23-ACRE OPPORTUNITY WITHIN PENDLETON TOWN LIMITS! Discover the possibilities with this beautiful 23-acre parcel tucked away on a quiet dead-end road in a peaceful Pendleton setting. Currently zoned agricultural and being farmed now. This property offers an outstanding opportunity for a private estate, continued agricultural use, or potential future residential development, subject to rezoning and all necessary Town & FCRWD approvals. With approximately 23 acres to work with, the property offers plenty of room to create something truly special. The quiet location provides a country-like atmosphere while still being located within Pendleton town limits-an increasingly hard-to-find combination. Developers and investors will appreciate the potential this acreage may offer as Pendleton continues to grow, while buyers looking for privacy may see the perfect setting for their own retreat. 23 acres. Pendleton town limits. Dead-end road. Endless possibilities. Buyer to verify zoning, utilities, development requirements, and suitability for buyer's intended use.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
agriculture

Schools

Middle school
Pendleton Heights Middle School
High school
Pendleton Heights High School
School district
South Madison Com Sch Corp

Taxes

Estimated annual tax
$1,132 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$4,945per month, estimated
Principal and interest $4,536Property tax $94Insurance $315
20% · $179,980
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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$899,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.