Build Site With Prairie Creek Frontage And Wooded Acreage Near Lebanon And Eli Lilly Facility
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Summary
Property
- Type
- Recreational Land, Residential Land, Undeveloped Land, Hunting Land
- Road Frontage
- County Road
- Road Surface
- Pavement
- Fencing
- Low Fence
Land Details
- Timber
- Tillable
Approximate Distances
| 4.7 mi | to Thorntown |
| 6.6 mi | to Lebanon |
| 15 mi | to Frankfort |
| 23 mi | to Crawfordsville |
| 29 mi | to Lafayette |
Utilities
| Electric: | Onsite |
| Internet: | Nearby |
Features/Improvements
- Small Game
- Big Game
- Upland Game
- Predators
- Waterfowl
- Fish
- Creek/Spring
- Wetlands
- Seller's Mineral Rights Convey
Description
Located just northwest of Lebanon, this exceptional property offers a rare opportunity to own a build-ready tract in a highly desirable, rapidly developing area. Offering the ideal blend of rural character and modern convenience, the setting provides a peaceful countryside atmosphere while remaining just minutes from the new Eli Lilly facility and the amenities of town. Whether you're planning your forever home or seeking a versatile investment, this property is well-positioned to meet a variety of needs. The groundwork has already been completed to streamline the building process. A recent survey and established Residential Minor Plat, along with current R1 zoning, provide clarity and confidence for future development. Soil borings completed in 2022 confirm suitability for a septic system, saving both time and upfront expense.
Additionally, a 400-amp transformer is already located on the property, offering immediate access to electric service and eliminating the need for costly infrastructure installation. The land itself showcases a desirable mix of 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 solid agricultural potential while maintaining versatility for a homesite. The combination of open acreage and timber creates an appealing balance for both aesthetics and functionality. Outdoor enthusiasts will appreciate the natural features that set this property apart. Prairie Creek winds along the property, providing a scenic backdrop and enhancing the overall setting. The wooded acreage consists of a diverse stand of timber, including mature hardwoods and dense, brushy cover that supports local wildlife. Notably, the property is home to impressive walnut trees, some of which are truly remarkable in size. This environment lends itself well to recreation, wildlife observation, or potential hunting opportunities. Access is provided via a shared driveway, supported by a driveway maintenance agreement, along with a 40-foot ingress/egress easement along the northern boundary. These established access features ensure both convenience and long-term usability. With its combination of build-ready improvements, quality soils, scenic creek frontage, and a strategic location near one of the area’s largest employers, this property offers a compelling opportunity to create a home and lifestyle tailored to your vision.
Details
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Build ready
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Soil borings completed in 2022 for septic system
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400amp transformer located on the property
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Residential minor plat
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Currently zoned R1
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Wooded & open acreage
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Prairie Creek frontage
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Diverse timber that includes a mix of mature timber and thick, brushy cover
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Shared driveway
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40’ ingress/egress easement on north property boundary
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Driveway maintenance agreement
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Minutes from the new Eli Lilly facility
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Recent survey completed in 2022
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8.48+/- tillable acres
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Average NCCPI of 72.79
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WAPI of 162.87
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Silty clay & silt loam soil types
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5.5+/- wooded acres
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Property cannot be split
Area Info
Other
Coordinates
40.1072, -86.5328
Annual Taxes
$352
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
