Ask Chad Renbarger
Located just northwest of Lebanon, this property offers a rare opportunity to own a build-ready tract in a desirable and rapidly growing area. Combining a quiet rural setting with convenient access to town, it sits just minutes from the new Eli Lilly facility, making it well-suited for a future homesite or investment. Key improvements are already in place to simplify the building process. The property includes a recent survey, established Residential Minor Plat, and R1 zoning. Soil borings completed in 2022 confirm suitability for a septic system, and a 400-amp transformer is already installed, providing immediate access to electric service. The land features approximately 8.48+/- acres of productive tillable ground and 5.5+/- acres of wooded terrain. With an average NCCPI of 72.79 and WAPI of 162.87, the soils-primarily silty clay and silt loam-offer strong agricultural potential while maintaining flexibility for a homesite. The mix of open ground and timber provides both function and visual appeal. Prairie Creek winds along the property, adding a scenic natural feature. The wooded acreage includes a variety of timber, including mature hardwoods and dense cover that supports wildlife. Several walnut trees of notable size further enhance the landscape. This setting offers opportunities for recreation, wildlife observation, or hunting. Access is provided via a shared driveway with a maintenance agreement, along with a 40-foot ingress/egress easement along the northern boundary, ensuring long-term usability. With build-ready improvements, quality soils, creek frontage, and a strong location near a major employer, this property presents a well-rounded opportunity to establish a home or investment.
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Listed By: Andrew Malott of Whitetail Properties