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0 State Highway 13 and State Highway 38 Hwy - 148 Acres - Intersection of Highway 13 & 38 - 148 Acres of Commercial Land Offered at $11,497,660 in Lapel, IN 46051

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INVESTMENT HIGHLIGHTS

  • Excellent visibility with frontage on Highway 13 and Highway 38.
  • Conveniently located 1.3 miles from Interstate I-69 for easy access.
  • Prime 148-acre development site in Madison County, Indiana.
  • Utilities nearby with sewer and water access close to property.
  • Rapidly growing area near Fishers, Noblesville, and Lapel.

EXECUTIVE SUMMARY

This 148.88-acre parcel at the intersection of Highway 13 and Highway 38 in Madison County, Indiana, presents an exceptional development opportunity in a rapidly growing region. Located just 1.3 miles from Interstate I-69, the property offers unmatched connectivity to major highways and nearby cities, including Fishers and Noblesville. With over 3,900 feet of combined road frontage along two state highways, the site ensures excellent visibility and access for future commercial, residential, or mixed-use projects. Utilities are conveniently positioned, with sewer access across Highway 13 and water supply less than a quarter mile away. Situated within the jurisdiction of the Town of Lapel, this property benefits from a strategic location near thriving communities and expanding infrastructure, making it ideal for investors seeking long-term growth potential.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual $99,999
Annual Per AC $9.99
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $11,497,660
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 148.00 AC
Year Built 1899

1 LOT AVAILABLE

Lot

Price $11,497,660
Price Per AC $77,686.89
Lot Size 148.00 AC

148+ Acres of Prime Development Opportunity in Madison County, Indiana! With highway road frontage on Highway 13 and Highway 38

DESCRIPTION

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 48-15-09-400-009.000-044
  • 48-15-16-500-001.000-044
  • 48-15-16-100-001.000-044
Land Assessment
$346,600
Improvements Assessment
$12,400
Total Assessment
$359,000
Annual Taxes
($148)
Tax Year
2025
  • Listing ID: 38608043

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 0 State Highway 13 and State Highway 38 Hwy, Lapel, IN 46051

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