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460 E Madison Avenue
Pendleton, IN 46064

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type
Farm
mls #
22025177
Farm

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.

Property Details

school district
South Madison Community
MLS#
22025177

Exterior Features

  • Elementary school: Pendleton Elementary School
  • Middle school: Pendleton Heights Middle School
  • High school: Pendleton Heights High School
  • Lot acreage is: 39.95
  • Irregular lot
  • Level lot
  • Lot sqft: 1740178
  • Subdivision: Madison Avenue
  • Lot zoned: A-1
  • Road surface: Asphalt
  • Road frontage: City Street
  • Lot number: 48-14-21-700-002.000-013
  • Public sewer
  • Public water
  • For sale
  • Tax year: 2024
Courtesy of:
Kosene & Kosene Residential
[email protected]

Call (855) 464-2662

855-GO-HANNA
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On submitting this form, you'll receive a one-time text message with verification code to confirm the mobile phone number.

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Hanna Community View What It's Like to Live Near Here

Call (855) 464-2662

855-GO-HANNA
We are standing by to assist you.
or

Want to make an offer? Select the button below!

Make an Offer
Select a preferred date & time
Have you been pre-approved for a mortgage?

On submitting this form, you'll receive a one-time text message with verification code to confirm the mobile phone number.

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Mortgage Help

Howard Hanna Mortgage Services

Get pre-qualified for a mortgage now with Howard Hanna Mortgage Services.

Mortgage information provided by:
Dee Downey
Mortgage Loan Originator
Mobile Phone (317) 918-3190
NMLS# 146134
Get Pre-Qualified

Mortgage Payment

The approximate monthly principal & interest payment for this property would be $9,490.13.

This payment is based on a 30-year loan at a fixed rate of 6.750 % - APR 7.010 % with a down payment of $75,000. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

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460 E Madison Avenue, Pendleton, IN 46064 farm offered for sale at $1,499,999.
Information Deemed Reliable But Not Guaranteed. ©2026 Metropolitan Indianapolis Board of REALTORS®.