4681 N 350 W

Located just northwest of Lebanon, this exceptional property presents a rare opportunity to own a build-ready tract in a highly desirable and rapidly developing area. Offering the ideal blend of rural character and modern convenience, the setting provides a peaceful countryside atmosphere while remaining just minutes from the new Eli Lilly facility and the amenities of town. Whether you're planning your forever home or looking for a versatile investment, this property is well-positioned to meet a variety of needs. The groundwork has already been completed to streamline the building process. A recent survey and established Residential Minor Plat, along with current R1 zoning, provide clarity and confidence for future development. Soil borings completed in 2022 confirm suitability for a septic system, saving both time and upfront expense. Additionally, a 400-amp transformer is already located on the property, offering immediate access to electric service and eliminating the need for costly infrastructure installation. The land itself showcases a desirable mix of approximately 8.48+/- acres of productive tillable ground and 5.5+/- acres of wooded terrain. With an average NCCPI of 72.79 and WAPI of 162.87, the soils—primarily silty clay and silt loam—offer solid agricultural potential while maintaining versatility for a homesite. The combination of open acreage and timber creates an appealing balance for both aesthetics and functionality. Outdoor enthusiasts will appreciate the natural features that make this property truly stand out. Prairie Creek winds along the property, providing a scenic backdrop and enhancing the overall setting. The wooded acreage consists of a diverse stand of timber, including mature hardwoods and dense, brushy cover that supports local wildlife. Notably, the property is home to impressive walnut trees, some of which are truly remarkable in size. This environment lends itself well to recreation, wildlife observation, or potential hunting opportunities. Access is provided via a shared driveway, supported by a driveway maintenance agreement, along with a 40-foot ingress/egress easement along the northern boundary. These established access features ensure both convenience and long-term usability. With its combination of build-ready improvements, quality soils, scenic creek frontage, and a strategic location near one of the area’s largest employers, this property offers a compelling opportunity.