460 E Madison Ave

1,740,222 / 39.95
Lot Size / Acres

Description

Once in a generation opportunity to acquire ~40 acres in the town of Pendleton, Indiana! Comprehensive master plan calls for residential development. All utilities are at the site. Located in the golf cart permitted town of Pendleton adjacent to intermediate school, high school, grocery store, historic downtown Pendleton. One of the last large tracts of land located in the in the town.Once in a generation opportunity to acquire ~40 acres in the town of Pendleton, Indiana! Comprehensive master plan calls for residential development. All utilities are at the site. Located in the golf cart permitted town of Pendleton adjacent to intermediate school, high school, grocery store, historic downtown Pendleton. One of the last large tracts of land located in the in the town.
  1. Listed by Michael Kosene • Kosene & Kosene Residential
  2. Listed by Christopher Chabenne • Kosene & Kosene Residential

Property Details for 460 East Madison Avenue

Subdivision Name
Madison Avenue
Township
Fall Creek
Waterfront
No
Zoning
A-1
LISTING UPDATED: 02/10/2026 05:20 PM

Property Details for 460 East Madison Avenue

StatusActive
MLS #22025177
Days on Market1
Taxes$763 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Farm
Year Built-
Lot Size39.95 AC
CountyMadison County

Location

Listing Courtesy of Kosene & Kosene Residential
Add your commute

Building Information for 460 East Madison Avenue

Lot Size39.95 AC

Payment Calculator

$7,438 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,311

Property Taxes

$127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 460 East Madison Avenue

Summary
Location and General Information
  • City: Pendleton
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46064
  • Road Access: Street Cuts
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Level
  • View: No
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 481421700002000013
  • Semi Annual Property Tax Amt: 763
  • Tax Exemption: None
  • Tax Year: 2024
  • TaxLot: 48-14-21-700-002.000-013
School Information
  • Elementary School: Pendleton Elementary School
  • High School: Pendleton Heights High School
  • Middle Or Junior School: Pendleton Heights Middle School
  • School District: South Madison Com Sch Corp
Property
Lot Information
  • Acreage: >20 Acres
  • Land Characteristics: City,Irregular Lot,Suburban
  • Lot Description: City Lot, Irregular Lot, Not In Subdivision, Storm Sewer, Suburb, Mature Trees
  • Lot Size Square Feet: 1740178.0
  • Lot Size Acres: 39.95
  • New Construction: False
  • Number Of Lots: 1
  • Other Structures: Not Applicable
  • Soil Type: Other
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Surveyed
Utilities
  • Facilities Near: Electric,Sewer,Water
  • Facilities On: None,Electric,Gas,Rail,Sewer,Telephone,Water,Water & Sewer
  • Sewer: Public Sewer
  • Solid Waste: No
  • Water: Municipal Water on Site
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 460 East Madison Avenue

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

MIBORMLS #22025177

$1,499,999—
DateEvent & SourcePrice
02/10/2026

Listed (Active)

MIBORMLS #22025177

$1,499,999

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

Schools near 460 East Madison Avenue

This home is within South Madison Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Pendleton Elementary School
PublicPK to 6

Pendleton Heights Middle School
Public7 to 8

Pendleton Heights High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

460 East Madison Avenue is a 39.95 ac of land for sale in Pendleton, IN 46064. This property was listed for sale on February 10, 2026 by Kosene & Kosene Residential, it's currently listed at $1,499,999. This listing's school district is South Madison Com Sch Corp. Nearby schools include Pendleton Elementary School, Pendleton Heights Middle School and Pendleton Heights High School. 460 East Madison Avenue is a 0-bed, 0-bath, 39.95 ac of land on a 1,740,222 sq. ft. / 39.95 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kosene & Kosene Residential

Based on information submitted to the MLS GRID as of 02/10/2026 05:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.