$1,600,000

75.22± Acres

Active

Madison County, IN

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432 500, Anderson, Indiana

MLS ID: 22015112

Status: Active

Price: $1,600,000

Acres: 75.22±

Type: Single Family, Residential

Address: 432 500

City, State: Anderson, IN

County: Madison County

ZIP Code: 46012

Lat/Long: 40.082915, -85.688214

Parcel Number: 480813400009000017

Bedrooms: 4

Bathrooms: 3

SqFt: 2,301

Year Built: 1975

Description

This 78 Acre property is an equestrians delight. This property offers an updated 2,300 square foot home along with 4 additional out buildings. You have a regulation size horse racing track that is noted to be the best in the county. There is an additional 1/3 mile jogging track and a 1/2 mile track that runs the east and north boundaries. Hay fields surrounding all of the buildings and home with alfalfa orchard grass and clover. Also a 12 acre fenced in livestock grazing area that is used for cows currently. The property also offers 6 paddocks for the race horses to graze while not in the barn or practicing on the tracks. A 400 amp electrical service is at the east boundary, and a county drain runs across the north end of the property. The 30 stall horse barn at the northeast corner of the property has been a business for boarding race horses. It has 200 amps, a private well with a 6 inch main water line, and a 200 amp back up generator. It is a Morton metal building 182x42 that was built in 2016 with a laundry room, electric room, and has poured concrete footers. The north building of the 3 building cluster was built in 2024, it is 30'x100' with a lean to and is used for hay storage. The flooring is gravel with dusty 12 for a compacted surface. It can store up to 300 round bales and 2,000 squares. The east building of the 3 building cluster 60x36 has water and electric ran to it with a concrete floor. It offers a 60 amp service and has a workshop, lean to, and 5 horse stalls. You have a staircase that leads to a loft that is currently used for hay storage. It can hold up to 1,300 squares of hay. The south building that is closest to the house is 70'x40' with a lean to attached. It has a 100 amp service ran to it along with water and a concrete cinder block foundation. New metal siding and roof was installed in 2010 along with a concrete floor and offers an insulated workshop that was just recently finished. And a remodeled 2,300 sqft. 4bed/3bath ranch home!

Directions: GPS Friendly

Additional Information

Interior

Appliances: Dishwasher, Dryer, Micro Hood, Electric Oven, Refrigerator, Washer

Bathrooms Full: 3

Building Area Total: 2,301

Cooling: Central Electric

Fireplace Features: Insert

Fireplaces Total: 1

Garage (Yes/no): Yes

Garage Spaces: 2

Heating: Electric, Forced Air

Interior Features: Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Pantry, Programmable Thermostat, Walk-in Closet(s), Windows Thermal, Windows Vinyl, Wood Work Painted

Living Area Source: Assessor

Rooms Total: 10

Exterior

Architectural Style: Ranch

Electric: 200+ Amp Service

Exterior Features: Barn Pole, Barn Storage, Out Building With Utilities, Other

Fencing: Partial

Foundation Details: Block

Horse Amenities: None, Barn, Boarding Facilities, Corral(s), Hay Storage, Paddocks, Pasture, Riding Trail, Round Pen, Shaving Bin, Stable(s), Tack Room, Trailer Storage, Wash Rack

Lot Features: Mature Trees, Wooded

Lot Size Square Feet: 3,276,496

Other Equipment: Generator

Parking Features: Attached

Patio and Porch Features: Covered Porch, Glass Enclosed

Pool Features: Above Ground

Water Source: Private Well

Financial/HOA/Schools

Additional Parcels (Yes/no): Yes

Additional Parcels: 2 lots

Days On Market: 74

Direction Faces: South

Middle School: Lapel Middle School

High School District: Frankton-Lapel Community Schools

Subdivision Name: 106 North

Extra Information

Virtual Tour: https://view.rcfinepix.com/media/download2.asp?hop=1&E549D6DD45CB47A9AA0F560B02E40AFA

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Chad Renbarger

Fortville, Indiana

(317) 418-7712

Interested? Contact Us Today About This Listing

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© 2025 MIBOR REALTOR® Association Based on information submitted to the MLS GRID as of April 10, 2025 at 12:00:00 PM UTC. 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.

Listed By: Jared Nelson of Trueblood Real Estate - (317) 617-6213

432 500, Anderson, Indiana

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Chad Renbarger

Interested? Contact Us Today About This Listing

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