Additional Details

Property Details

Lot Dimensions:

1740178

Road Frontage:

City Street

Road Access:

Street Cuts

Road Surface:

Asphalt

Lot Features:

City Lot, Irregular Lot, Not In Subdivision, Storm Sewer, Suburb, Mature Trees

Zoning:

A 1

Water Source:

Public

Directions:

GPS Friendly

Schools

High School:

Pendleton Heights High School

Middle School:

Pendleton Heights Middle School

Elementary School:

Pendleton Elementary School

Tax and Financial Info

Semi-Annual Property Tax:

$763

Tax Year:

2024

Other Disclosures:

Broker Owned

Quick View

Address:

460 E Madison Avenue Pendleton IN 46064

Status:

Active

On Site:

144 Days On Site

Price:

$1, 499, 999

Lot Size:

39.95

County:

Madison

Township:

Fall Creek

MLS #:

22025177

Property Type:

Farm

Community Information

Area:

4816 Madison Fall Creek

City:

Pendleton

Subdivision:

Madison Avenue

Zip Code:

46064

Description

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.

Source: MIBOR as distributed by MLS GRID, MLS ID: 22025177

Listing provided courtesy of Michael Kosene 317-299-9999 with Kosene & Kosene Residential

Last Updated: 2/11/2026 | 1:43 PM

Home Details

Status: Active

Price: $1,499,999

Address: 460 E Madison Avenue, Pendleton, IN 46064

Bedrooms:

Bathrooms: 0

Square Feet:

144 days on Site

• Property Type: Land
• 144 days on Site
• 39.95 Lot Size