1,098,583 / 25.22
Lot Size / Acres

Description

Prime Development Opportunity in Lapel, IN! Location: South Side of Highway 32, West of Lapel High School Size: 25+ Acres Overview: Discover a rare opportunity to acquire over 25 acres of prime real estate in the rapidly growing town of Lapel, Indiana. This expansive property boasts exceptional road frontage and strategic positioning, making it ideal for future development. Property Highlights: Road Frontage: 850+ Feet on State Highway 32 900+ Feet on 900 W 1100+ Feet on 200 S Zoning: Currently zoned...Prime Development Opportunity in Lapel, IN! Location: South Side of Highway 32, West of Lapel High School Size: 25+ Acres Overview: Discover a rare opportunity to acquire over 25 acres of prime real estate in the rapidly growing town of Lapel, Indiana. This expansive property boasts exceptional road frontage and strategic positioning, making it ideal for future development. Property Highlights: Road Frontage: 850+ Feet on State Highway 32 900+ Feet on 900 W 1100+ Feet on 200 S Zoning: Currently zoned as Agricultural, with potential for future commercial use. The town is open to considering residential zoning for innovative designs and layouts. Utilities: All necessary utilities are conveniently located nearby. Proximity: Just minutes from town amenities, including the local park and Lapel High School, enhancing the appeal for residential or commercial development. Investment Potential: Lapel is a thriving community with a growing population, making this property a fantastic investment for developers and investors looking to capitalize on future growth. The versatile zoning options provide flexibility for various development projects. Don't miss out on this exceptional opportunity!
  1. Listed by Chad Renbarger • Mossy Oak Properties

Property Details for 0 Sr 32

Subdivision Name
No Subdivision
Township
Stony Creek
Zoning
Ag
LISTING UPDATED: 12/24/2025 06:52 AM

Property Details for 0 Sr 32

StatusPending
MLS #22070408
Days on Market51
Taxes$512 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Farm
Year Built-
Lot Size25.22 AC
CountyMadison County

Location

Listing Courtesy of Mossy Oak Properties

Building Information for 0 Sr 32

Lot Size25.22 AC

Payment Calculator

$5,016 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,931

Property Taxes

$85

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Sr 32

Summary
Location and General Information
  • City: Lapel
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46011
  • Road Access: County Rd
  • Road Frontage Type: County Road, Highway, State Road
  • State Or Province: IN
  • Topography: Level
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 481021700002000032
  • Semi Annual Property Tax Amt: 512
  • Tax Year: 2024
  • Additional Parcels Description: 48-10-21-400-006.000-032
  • TaxLot: 48-10-21-700-002.000-032
School Information
  • Middle Or Junior School: Lapel Middle School
  • School District: Frankton-Lapel Community Schools
Property
Lot Information
  • Acreage: >20 Acres
  • Land Characteristics: Corner
  • Lot Size Square Feet: 1098582.0
  • Lot Size Acres: 25.22
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: NoStatus
Utilities
  • Facilities Near: Cable,Electric,Sewer,Water
  • Facilities On: None
  • Sewer: Public Sewer
  • Solid Waste: No
  • Water: Municipal Water Near By
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 0 Sr 32

DateEvent & SourcePriceAppreciation
Dec 16, 2025

Pending

MIBORMLS #22070408

Oct 27, 2025

Listed (Active)

MIBORMLS #22070408

$1,011,760
DateEvent & SourcePrice
12/16/2025

Pending

MIBORMLS #22070408

10/27/2025

Listed (Active)

MIBORMLS #22070408

$1,011,760

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

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Listing Courtesy of Mossy Oak Properties

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/27/2026 07:11 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.