$1,436,155
$39K PRICE INCREASE

0 E 575 S Unit MBR22077517 Markleville, IN 46056

Estimated payment $7,730/month

77.63 Acres
$18,500 Price per Acre
3,381,563 Sq Ft Lot

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

Listing Agent

Chad Renbarger

Mossy Oak Properties License #RB16001466 Listed on: 12/22/2025

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

Property Details

Property Type

Land

Est. Annual Taxes

$2,200

Lot Details

0

Listing Details

  • Type: Agric Land,Horse Farm,Livestock,Mini Farm,Multiple,Pleasur Frm,Row Crop,Undeveloped
  • Property Sub Type: Farm
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 77.63
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: https://indianalandandlifestyle.com/property/77-acres-pendleton-schools-madison-indiana/95615/
  • Special Features: None

Exterior Features

  • Other Structures: Barn(s), Grain Storage
  • Topography: Bottom Land,Hilly,Level,Pasture,Varied,Wooded
  • Road Access: County Rd
  • Water: Well on Site

Utilities

  • Sewer: Septic Needed
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Pendleton Heights Middle School

Lot Info

  • Additional Parcels Description: Sw Ne 40.0000 Acres Str: 11188 Section: Plat: 00 In: Out:
  • Additional Parcels: Yes
  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 3381562
  • Parcel Number: 481311300008000001
  • Zoning: Ag
  • Acres: >20 Acres
  • Land Characteristics: Irregular Lot,Mature Trees,Rural,Small Trees,Wooded
  • Present Zoning: Agricultur
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 2200
  • Tax Lot: 48-13-11-300-008.000-001, 48-13-11-200-001.000-001
  • Semi Annual Property Tax Amt: 1100

MLS Schools

  • High School: Pendleton Heights High School

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22077517

MIBOR Broker Listing Cooperative®