Key facts
- Lot
- 6.02 acres
- Type
- Land · Farm
- MLS #
- 22129535
- County
- Madison
- Subdivision
- No Subdivision
About this home
Room to build, room to grow. This 6.02 acre parcel on N 300 W in Lafayette Township offers the rare mix of country privacy and convenient access to Anderson and I-69. With over 480 feet of road frontage and level, open ground, the site gives you plenty of flexibility to place your home, shop, and outbuildings exactly where you want them. Located in the Frankton-Lapel Community School Corporation, this property is a strong fit for families looking for a rural setting without giving up a respected school district. The acreage is well suited to a hobby farm: room for a barn, pasture for a few animals, a large garden, or an orchard, with enough space to keep the homesite set back from the road. The ground is predominantly open and productive, with low annual property taxes under its current agricultural classification. Whether you're ready to build now or want to secure a quality rural lot for the future, this is a well-located opportunity in a market where small acreage tracts with this much frontage don't come up often. Property highlights: 6.02 total acres (5.87 excluding road right-of-way) 480'+ frontage on N 300 W Level topography Frankton-Lapel Community Schools Lafayette Township, Madison County Hobby farm potential Parcel # 48-08-27-200-004.000-017 Taxes $266/year
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Zoning
- ag
Schools
- Middle school
- Lapel Middle School
- School district
- Frankton-Lapel Community Schools
Taxes
- Estimated annual tax
- $366 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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