0 E 575 S Unit MBR22077517 Markleville, IN 46056
Estimated payment $7,730/month
About This Lot
78-acre property offers a rare combination of topography, usability, and long-term potential within the Pendleton / Southern Madison School District. Just minutes from Anderson and Pendleton. What immediately sets this tract apart is the rolling terrain-a feature seldom found in this part of Madison County. The elevation changes create multiple exceptional building sites, each offering privacy, views, and the opportunity to design a truly special homesite set well back from the road. A 32' x 90' pole barn, complete with horse stalls and conveniently connected to approximately 3 acres of fenced pasture. Whether your vision includes horses, livestock, or a hobby farm, this setup is already in place. Electric service is run to the center of the property, and a well is installed, making future development both efficient and cost-effective. For outdoor enthusiasts, this land is a standout. A well-maintained trail system weaves through a diverse mix of habitat, passing natural springs, food plot areas, and timber, creating ideal conditions for wildlife. Deer, turkey, small game, and seasonal mushrooms thrive here, offering year-round recreational enjoyment. Approximately 31 acres that was enrolled into CRP is now open to tillable ground or new habitat. The flexibility to bring the land back into production. With high-quality soils, excellent yields would be expected for those seeking an agricultural component or investment upside. Additional features include a old gravel pit located across the creek behind the barn, making for a great gun range. With approximately 680 feet of road frontage, the property also offers subdivision or multiple-homesite potential. The terrain is well-suited for the creation of a large pond or private lake, further enhancing both recreation and resale appeal. Whether you envision a private homestead, weekend hunting retreat, equestrian property, or a diversified land investment that blends recreation with return, this southern
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,200
Lot Details
- 77.63 Acre Lot
- Additional Parcels
Schools
- Pendleton Heights Middle School
- Pendleton Heights High School
Utilities
- Septic Needed
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 48-13-11-300-008.000-001, 48-13-11-200-001.000-001
- Assessor Parcel Number 481311300008000001
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2025 12/22/25 | Price Changed | $1,436,155 | +2.8% | -- |
| 12/22/2025 12/22/25 | For Sale | $1,397,448 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22077517
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