Listing courtesy of Whitetail Properties Real Estate · Listing agent: Andrew Malott · Cell: 574-225-2699
4681 N 350 W
$529,900
Lebanon, IN 46052
Original price $499,900
- On Prairie Creek Reservoir
- 16.7 acres
- Lot
- 16.72 ac
- Type
- Unimproved Land
- Listed
- April 15, 2026
- MLS #
- 202613176
About this home
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.
Property details
Exterior & parking
- Fencing
- Barbed Wire, Wire
Waterfront & lake
- Waterfront
- Yes
- Body of water
- Prairie Creek Reservoir
- Water access
- Frontage Lot
- Water frontage
- 1,199 ft
- Water feature
- Creek
Lot
- Lot size (acres)
- 16.72 ac
- Lot dimensions
- 867 x 755
- Location type
- Rural
- County
- Boone County
- Township
- Washington
- Current use
- Agricultural, Residential, Recreational
- Road frontage
- County Road
- Road surface
- Paved
- Road maintained by
- County
- Price per acre
- $31,693
- Tillable acres
- 8.48 ac
- Easements
- Yes
- Wetlands
- Yes
- Restrictions
- Easements
- Platted
- Yes
- Planned unit development
- No
- Directions
- Heading northwest out of Lebanon on Highway 52, turn right onto West County Road 450 N. Shortly after, turn north onto North County Road 350 W and the property will be located on the east side of the road.
Schools
- Elementary school
- Thorntown
- Middle school
- Western Boone Jr/Sr
- High school
- Western Boone
- School district
- Western Boone County Community S.D.
Taxes & terms
- Annual taxes
- $352
- Tax year
- 2025
- Possession
- Negotiable
- Parcel number
- 06-10-09-000-020.000-017
Utilities
- Electric
- Available