Key facts
- Lot
- 11.69 acres
- Type
- Land · Farm
- MLS #
- 22130938
- County
- Madison
- Subdivision
- No Subdivision
About this home
Here's a flexible piece of Madison County land in the Frankton-Lapel Community School district. The offering is two parcels totaling 11.69 acres in Lafayette Township, with frontage on N 300 W and W 375 N just northwest of Anderson. Both parcels are level, open, and currently classified as farmland, so you have options from day one. Keep the ground in production and collect income from a cash rent or farming arrangement. You can also hold it as a long-term land investment, or plan for the future. With proper zoning approval, this acreage could become a homesite with room to breathe, a hobby farm with space for gardens, animals, and outbuildings, or a combination of the two. Good road frontage and level topography make it easy to picture a driveway and a building pad, and electricity and water are noted along the 300 W parcel. Tillable land with frontage in this school district rarely comes to market. Whether you're an investor looking for steady returns or a buyer ready to build a rural lifestyle, these 11.69 acres give you room to do both. Parcel details 6.05 acres, 0 N 300 W (48-08-27-200-005.000-017) 5.64 acres, 0 W 375 N (48-08-27-200-003.000-017) Buyer to verify zoning, permitted uses, utilities, well and septic feasibility, and any building requirements with Madison County.
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
- $478 / 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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