460 E Madison Ave | Image 1
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460 E Madison Ave | Image 2
460 E Madison Ave | Image 3
460 E Madison Ave | Image 4
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460 E Madison Ave | Image 6
460 E Madison Ave | Image 7

$1,499,999

10 days ago

0 Bed

0 Bath

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MLS® 22025177

  • Key Facts
  • Description
  • Map

Key Facts

Type Farm
Levels Land
Size -
Garage No
Taxes 
Days Active 10
Lot Size 39.95 acres
Approx. Age 
MLS® Number 22025177

Property Address: 460 E Madison Ave, Pendleton, IN, 46064-1229

Average square foot calculated using Size range provided by listing agent.

Description

This offering presents an exceptional opportunity to acquire approximately 40 acres within the incorporated Town of Pendleton, one of Madison County's most established and steadily growing communities. The property is identified in the Town's Comprehensive Plan for future residential development and represents one of the last remaining large contiguous tracts within municipal boundaries. All utilities are available at the site, providing a strong foundation for efficient development planning. Strategically positioned near key community amenities, the property offers proximity to local retail services, municipal facilities, and Pendleton's historic downtown district. The site also benefits from convenient regional connectivity via State Road 67, providing direct access to the greater Indianapolis metropolitan area. Pendleton is known for its well-maintained infrastructure, walkable downtown environment, and golf-cart-permitted local road network - a distinctive community feature that enhances internal connectivity and local mobility. With limited remaining large-scale residential land within town limits, this offering presents a rare opportunity for developers to deliver thoughtfully planned housing in a supply-constrained submarket supported by strong regional growth dynamics. The seller welcomes proposals and encourages prospective purchasers to submit development concepts for consideration.
MLS® Number22025177
Laundry Level
Central VacNo
FireplaceNo
Acreage39.95
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 10, 2026List Date
$1,499,999List Price
  • Commute

Commute

Starting Address
Destination Address
460 E Madison Ave, Pendleton, IN

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