For Sale in Lebanon, IN, a rare opportunity to own over 96 acres of premium land in the heart of Boone County, just north of Lebanon, IN. This versatile property offers a mix of agricultural income, recreational use, and incredible future development potential. Property Highlights: Total Acres: 96.12 Access: Less than 1.5 miles to Hwy 47, 5 miles to Hwy 39, and under 3.5 miles (as the crow flies) from the rapidly growing Eli Lilly LEAP Campus, the largest manufacturing investment at a single site in the company's history. Tillable Land: 74+ acres (currently generating income through a 50/50 share crop lease, averaging approximately $275/acre) Woods: 22 acres of mature timber, ideal for hunting, recreation Hunting Lease Income: Currently bringing in $5,000/year. Location Perks: Only 23 miles to Carmel, 27 miles to downtown Indianapolis, and situated in a prime corridor of future growth and development. Why This Property? Income-Producing: Crop and hunting leases provide solid annual revenue. Development Potential: Located in a booming area with major corporate investments and infrastructure improvements on the horizon. Recreational Appeal: Hunting, hiking, or simply enjoying your own private woodland. Strategic Location: Growth is coming! Investment Outlook: With Boone County poised for unprecedented growth over the next decade, this property stands as an exceptional long-term investment, whether you're looking for a working farm, a recreational retreat, or a future development site.
Looking for a custom built home with a peaceful setting in the country? This brick ranch was built in 1997 and boasts a large Great Room with amazing natural light. It has 3 Bedrooms with 2 full Bathrooms. You can enjoy the beautiful back yard, which includes several types of fruit trees, from the enclosed back patio. The large 40x20 Pole Barn is also included on 2 acres of land. Great location with a golf course nearby!
Year
Property tax
Land + Additions
Assessment*
2025
$1,513 (−5.9%)
$25,100 + $283,600
$308,700
2024
$1,607 (−1.6%)
$25,100 + $266,000
$291,100
2023
$1,633 (+3.5%)
$25,100 + $254,500
$279,600
2022
$1,577 (+10.0%)
$24,900 + $237,700
$262,600
2021
$1,433 (+13.6%)
$24,700 + $217,000
$241,700
2020
$1,262 (+7.2%)
$24,600 + $188,000
$212,600
2019
$1,177 (+9.1%)
$24,600 + $166,300
$190,900
2018
$1,079 (+2.6%)
$24,800 + $158,200
$183,000
2017
$1,052 (+11.1%)
$24,900 + $152,200
$177,100
2016
$947 (+1.2%)
$24,900 + $152,200
$177,100
2015
$936 (+11.0%)
$25,000 + $144,500
$169,500
2013
$843
$25,000 + $123,800
$148,800
Tax history for 7134 N Caldwell Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,513 (−5.9%)
$25,100 + $283,600
$308,700
2024
$1,607 (−1.6%)
$25,100 + $266,000
$291,100
2023
$1,633 (+3.5%)
$25,100 + $254,500
$279,600
2022
$1,577 (+10.0%)
$24,900 + $237,700
$262,600
2021
$1,433 (+13.6%)
$24,700 + $217,000
$241,700
2020
$1,262 (+7.2%)
$24,600 + $188,000
$212,600
2019
$1,177 (+9.1%)
$24,600 + $166,300
$190,900
2018
$1,079 (+2.6%)
$24,800 + $158,200
$183,000
2017
$1,052 (+11.1%)
$24,900 + $152,200
$177,100
2016
$947 (+1.2%)
$24,900 + $152,200
$177,100
2015
$936 (+11.0%)
$25,000 + $144,500
$169,500
2013
$843
$25,000 + $123,800
$148,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
2 Acres
Year renovated
1997
Sq. Ft.
1,446
Year built
1997
Style
Single Family Residential
County
Boone County
APN
061530000009002004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 17, 2026.
Property details
Exterior
Farm Information
Horse Amenities: None
Property Information
Development Status: Not Applicable
Property Type: Land
Other Structures: Not Applicable
Has Additional Parcels
Property Sub Type: Farm
Zoning: AG
Land Information
Topography: Level,Wooded
Soil Type: Loam
Acres: >20 Acres
Land Characteristics: Irregular Lot,Mature Trees,Rural,Small Trees,Wooded,Other
Lot Information
Facilities On: Not Applicable
Facilities Near: None
Divisible: No
Lot Size Acres: 96.22
Road Surface Type: Asphalt
Road Frontage Type: County Road
Present Zoning: Agricultur
Road Access: County Rd
Utilities
Utility Information
Sewer: Not Applicable
Water Information: Not Applic
Solid Waste Information: No
Location
School Information
High School District: Lebanon Community School Corp
Location Information
Directions: GPS Friendly
Tax Legal Description: Pt S1/2 Se 30-20-1E 76.22 &. PT NE 31-20-1E 20.00
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,446
Stories: 1.0
Lot Size: 2 acres
Style: Single Family Residential
Year Built: 1997
Year Renovated: 1997
County: Boone County
APN: 061530000009002004
Home facts updated by county records on Sep 17, 2026
Around this home
Schools
Thorntown Elementary School
Public PreK-6 • Assigned • 8.4mi
8/10
Western Boone Jr-Senior High School
Public 7-12 • Assigned • 10.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lebanon, IN • 46052
Average low and high temperatures (°F)
30
15
40
24
59
37
66
46
70
52
81
64
85
68
80
61
80
55
69
46
52
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.9 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.42M – $1.71M
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