Lebanon Real Estate | Lebanon Land for Sale

750 S 500 W, Lebanon

57 Acres of Prime Development Land - Boone County, Indiana. Located immediately north of the new Eli Lilly manufacturing and research complex along the I65 corridor, this 57-acre tract offers an exceptional opportunity for large-scale industrial, logistics, life sciences, or commercial development. The site benefits frrom high visibliity, interstate access, and proximity to one of the region's fastest-growing employment hubs. With strong surounding infrastructure and expanding utilities driven by Eli Lilly's multi-billion-dollar campus, this acerage is positioned for rapid growth and long-term value.

4755 N 275 W, Lebanon

$529,900

22095678 MLS

Just 3 miles from Eli Lilly's transformative new $14.5 billion Lebanon campus, this remarkable 16.7-acre property presents an extraordinary opportunity to establish a private estate in one of Indiana's most dynamic and rapidly expanding growth corridors. Positioned in a highly desirable location where long-term value and development momentum continue to accelerate, this property offers both immediate enjoyment and lasting investment potential. Nestled within a peaceful, natural landscape, the acreage blends gently rolling open ground, mature hardwood timber, and picturesque Prairie Creek frontage to create a setting that is both beautiful and highly functional. The diverse terrain offers an ideal balance of open space for building, recreation, or hobby farm potential, while the wooded acreage provides privacy, character, and a scenic backdrop rich with wildlife. Seasonal wildflowers, towering trees, and the calming presence of water create an atmosphere that feels secluded and restorative, offering the rare sensation of a countryside retreat without sacrificing convenience. Despite its tranquil setting, this property is strategically located just minutes from Interstate 65, providing seamless access to Indianapolis, Lebanon, and surrounding communities. Shopping, dining, schools, and essential services are all within easy reach, making this an ideal setting for those seeking privacy without isolation. What truly separates this offering from many land opportunities is that much of the critical groundwork has already been completed. Approved septic conditions, installed 400-amp electric service, established access, and a recorded minor plat significantly reduce the uncertainty, time, and expense often associated with raw land development. This property is exceptionally well-positioned for immediate progress toward your vision.

4681 N 350 W, Lebanon

$529,900

202613176 MLS

Just 3 miles from Eli Lilly’s transformative new $14.5 billion Lebanon campus, this remarkable 16.7-acre property presents an extraordinary opportunity to establish a private estate in one of Indiana’s most dynamic and rapidly expanding growth corridors. Positioned in a highly desirable location where long-term value and development momentum continue to accelerate, this property offers both immediate enjoyment and lasting investment potential. Nestled within a peaceful, natural landscape, the acreage blends gently rolling open ground, mature hardwood timber, and picturesque Prairie Creek frontage to create a setting that is both beautiful and highly functional. The diverse terrain offers an ideal balance of open space for building, recreation, or hobby farm potential, while the wooded acreage provides privacy, character, and a scenic backdrop rich with wildlife. Seasonal wildflowers, towering trees, and the calming presence of water create an atmosphere that feels secluded and restorative, offering the rare sensation of a countryside retreat without sacrificing convenience. Despite its tranquil setting, this property is strategically located just minutes from Interstate 65, providing seamless access to Indianapolis, Lebanon, and surrounding communities. Shopping, dining, schools, and essential services are all within easy reach, making this an ideal setting for those seeking privacy without isolation. What truly separates this offering from many land opportunities is that much of the critical groundwork has already been completed. Approved septic conditions, installed 400-amp electric service, established access, and a recorded minor plat significantly reduce the uncertainty, time, and expense often associated with raw land development. This property is exceptionally well-positioned for immediate progress toward your vision. Whether you envision a luxury custom home, equestrian estate, recreational haven, or private legacy property, this versatile acreage provides the freedom to build with confidence. In an area experiencing unprecedented economic growth and increasing demand, opportunities to secure land of this caliber are becoming increasingly rare. This is more than a homesite—it is a chance to create something truly exceptional in a premier location.

4681 N 350 W, Lebanon

$529,000

22089653 MLS

Ooooohhhhhh this is a good one! Check out this 22.2AC+/- tract of fertile ground, surrounded by a handful of pretty homesites and miles of farmland, keeping it one of those rare places where you can hear yourself think! Sitting in a PERFECT SW Lebanon location, this is a SWEET spot for a magnificent homesite. While it might feel "off the grid," it really is just 4 minutes from I-65, 3 miles southwest of the Leap District & within 10 minutes to either Whitestown or downtown Lebanon, so you'll always have that quiet country vibe you craze; but a gallon of milk won't be far away & the commute to anywhere will be easy. Bring your horses, chickens, fruit trees, kids, dogs, hobbies & building plans to escape density, traffic, noise and overbearing HOAs. Stake your claim & take the first step toward turning your dream into a reality. Hustle, because they ain't making land anymore, especially not in Boone County, Indiana! ** This parcel has being extracted from a larger parent parcel and will have an updated legal description prior to closing. Property taxes reflect the total parcel and will adjust down in the 2026 tax year ** GPS TO 4330 S 100 E for directions.

0000 S 100 E, Lebanon

$4,675,000

202606692 MLS

Prime 158± acre opportunity in the direct path of growth in Boone County. Located less than five minutes from the Indiana LEAP District and in close proximity to Western Boone High School, this large corner tract offers outstanding future development potential. Positioned at the intersection of State Road 32 and 900 W, the property features extensive road frontage and excellent visibility, providing convenient access and strong long-term upside. With continued infrastructure investment and regional expansion occurring nearby, this site sits squarely in the trajectory of anticipated future development. Whether you're a developer, investor, or land banker looking to secure acreage in a rapidly evolving corridor, this is a rare opportunity to control a significant footprint in a highly strategic location.

9002 W Sr 32, Lebanon

$1,099,800

22061030 MLS

36.66-acre parent tract in Jackson Township, Western Boone County. Currently zoned Agriculture and leased for farming. Features asphalt road frontage on County Road 200 S with a small wooded section included. Ideal for continued agricultural use, investment, or future country homestead.

5005 W 200 S, Lebanon

$1

22054069 MLS

21.23 Acres Development Land Contiguous and Adjacent to Boone County LEAP Project and Eli Lily expansion. High Power/KW transmission adjacent with water. Excellent location and site for Production, Contractor, Vendor, Jobber in fast growing Industrial area.

17 N 300 W, Lebanon

$140,000

22044469 MLS

Vacant 1/2 acre lot suitable for a billboard sign. Located just off I-65 for visibility, due West from the LEAP District and sets on the southeast corner of Trophy Club.

3901 N State Road 52, Lebanon

$1

22042652 MLS

Development land package for sale close to the new Eli Lilly Development Site under construction in Lebanon Indiana. Four contiguous parcels, 4.75+/- acres bordering the northwest signalized corner of SR 39 W and W 375 N, frontage on W 375 N 618'+/- and frontage on N SR 39 444'+/-, (far northside of Lebanon), just north of planned Beazer Homes and Meijer development sites. Utilities are currently being considered as part of an overall development plan by the city of Lebanon to support the new major expansion in the area. Properties being sold in this land development package include: 3776 and 3820 N. State Road 39; 3760 N. State Road 39; 660 W 375 N, all in Lebanon, IN 46052. All homes are occupied, please do not disturb residents. Home showings contingent upon accepted offer for land development. Rezoning required for commercial use. See BLC cross listings for additional information on properties in the package: #22039378, #22039305, #22042652. Note: BLC#22039378 includes adjoining rental home and property, rental parcel # 06-10-13-000-043.000-001, address 3820 N. State Road 39, Lebanon IN 46052, Legal description PT N1/2 NW 13-19-1W.76A. Rental house built in 1956, 1,674SF with utility shed. These are two adjacent parcels with the same owners. Rental property not sold separately. For additional insights into the Lebanon area expansion, see link to LEAP Lebanon Innovation Planned Unit Development District, https://iedc.in.gov/leap-lebanon#

660 W 375 N, Lebanon

$700,000

22039305 MLS

This land development property can be purchased either individually or included as part of the following land development package. Development land package for sale close to the new Eli Lilly Development Site under construction in Lebanon Indiana. Four contiguous parcels, 4.75+/- acres bordering the northwest signalized corner of SR 39 W and W 375 N, frontage on W 375 N 618'+/- and frontage on N SR 39 444'+/-, (far northside of Lebanon), just north of planned Beazer Homes and Meijer development sites. Utilities are currently being considered as part of an overall development plan by the city of Lebanon to support the new major expansion in the area. Properties being sold in this land development package include: 3776 and 3820 N. State Road 39; 3760 N. State Road 39; 660 W 375 N, all in Lebanon, IN 46052. All homes are occupied, please do not disturb residents. Home showings contingent upon accepted offer for land development. Rezoning required for commercial use. See BLC cross listings for additional information on properties in the package: #22039378, #22039305, #22042652. Note: BLC#22039378 includes adjoining rental home and property, rental parcel # 06-10-13-000-043.000-001, address 3820 N. State Road 39, Lebanon IN 46052, Legal description PT N1/2 NW 13-19-1W.76A. Rental house built in 1956, 1,674SF with utility shed. These are two adjacent parcels with the same owners. Rental property not sold separately. For additional insights into the Lebanon area expansion, see link to LEAP Lebanon Innovation Planned Unit Development District, https://iedc.in.gov/leap-lebanon#

3760 N State Road 39, Lebanon

$1

22039378 MLS

Development land package for sale close to the new Eli Lilly Development Site under construction in Lebanon Indiana. Four contiguous parcels, 4.75+/- acres bordering the northwest signalized corner of SR 39 W and W 375 N, frontage on W 375 N 618'+/- and frontage on N SR 39 444'+/-, (far northside of Lebanon), just north of planned Beazer Homes and Meijer development sites. Utilities are currently being considered as part of an overall development plan by the city of Lebanon to support the new major expansion in the area. Properties being sold in this land development package include: 3776 and 3820 N. State Road 39; 3760 N. State Road 39; 660 W 375 N, all in Lebanon, IN 46052. All homes are occupied, please do not disturb residents. Home showings contingent upon accepted offer for land development. Rezoning required for commercial use. See BLC cross listings for additional information on properties in the package: #22039378, #22039305, #22042652. Note: BLC#22039378 includes adjoining rental home and property, rental parcel # 06-10-13-000-043.000-001, address 3820 N. State Road 39, Lebanon IN 46052, Legal description PT N1/2 NW 13-19-1W.76A. Rental house built in 1956, 1,674SF with utility shed. These are two adjacent parcels with the same owners. Rental property not sold separately. For additional insights into the Lebanon area expansion, see link to LEAP Lebanon Innovation Planned Unit Development District, https://iedc.in.gov/leap-lebanon#

3776 N State Road 39, Lebanon

$1,800,000

22044296 MLS

40+ Acres for sale in Perry Township, city of Zionsville. Located right off of Whitestown Pkwy, 1.38 miles from the Interstate 65 and Whitestown Pkwy. Close to the golf club of Indiana and neighboring the Pulte community of Cardinal Pointe. Property has a crop lease currently and the majority of the land is tillable. Property has a home, garage & apartment, barn, and tool shed. Properties are currently not lived in, and included in the sale. Property is primed to be developed. Currently zoned Agricultural. This property is 3 parcels and approx. 20 Acres. Property can be sold with neighboring parcel, 6745 S 475 E. and totals 40 acres.

6775 S 475 E, Lebanon

$9,550,000

22039196 MLS

An exceptional opportunity to acquire 95 acres of prime development land in Boone County. Located just north of Whitestown and only half a mile from State Road 32 in Lebanon, this property offers outstanding accessibility and visibility. With approximately 610 feet of road frontage, the site is well-positioned and ready for your next development project.

545 S 500 E, Lebanon

$2,150,000

22036880 MLS

2 Large parcels of land convenient location to Interstate 65 located halfway between Lafayette & Indianapolis. North of the Trophy Golf Club and Eli Lilly's L.E.A.P. district of the State Rd 47 and I65 exit.

5000 N 275 W, Lebanon

$2,500,000

22028277 MLS

Great development site of 20 acres, sitting next to a larger 40 acre parcel.

975 W 300 N, Lebanon

$5,000,000

22028332 MLS

40 Acre Parcel for Development. Additional acreage on both sides of the subject property.

1125 W 300 N, Lebanon

$1,200,000

21913854 MLS

Rare opportunity to own spectacular Boone County acreage with endless possibilities! It's your opportunity to develop a beautiful custom home community near booming Whitestown. This unique offering includes the best of both worlds: one parcel that is cleared and ready for building, and a second parcel featuring a picturesque pond and mature trees that provide privacy and natural beauty. With over 16 acres combined, the property offers a peaceful country feel while remaining just minutes from the growing Whitestown/Anson and Brownsburg areas. Convenient access to I-65 makes commuting easy to downtown Indianapolis, Lafayette, Danville, or even Chicago. Whether you are looking for a private estate setting, investment opportunity, or future development potential, the options here are truly endless. This offering includes two parcels being sold together: * Parcel 1: 06-03-02-000-016.000-013 - 12.78 acres * Parcel 2: 06-03-02-000-016.002-013 - 3.3 acres

6801 S 425 East, Lebanon

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