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$575,000
5± Acres
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Madison County, IN
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9796 300, Lapel, Indiana

MLS ID: MBR22096687
Status: Active
Price: $575,000
Acres: 5±
Type: Single Family, Residential
Address: 9796 300
City, State: Lapel, IN
County: Madison County
ZIP Code: 46051
Lat/Long: 40.062564, -85.844415
Parcel Number: 481028303001001032
Bedrooms: 3
Bathrooms: 1
SqFt: 1,988
Year Built: 1899

Description

Situated on 5 acres in Lapel with no HOA, 9796 W 300 S offers a rare blend of space, flexibility, and equestrian-ready amenities. The fully fenced property features no-climb horse fencing and is designed to support a variety of uses, from hobby farming to recreational riding or a great lot to build your new dream home. Outbuildings include a 60x100 riding arena barn equipped with 200 amp electrical service and updated lighting, providing ample room for training, storage, or equipment, along with a 30x35 former dairy barn currently utilized as a horse barn with 2 stalls, tack room, and a substantial upper loft capable of holding approximately 1,500 bales of hay or serving as a large hobby or workspace area. Both barns have been updated with improved lighting, enhancing functionality throughout. The home offers nearly 2,000 square feet with 3 bedrooms and a flexible two-level layout, including a spacious family room with fireplace, dedicated office, and a bright sunroom overlooking the property. Recent interior updates include new sunroom windows, stained wood stairs, and fresh paint throughout, contributing to a refreshed and well-maintained feel. Additional features include a 3-car attached garage, private well and septic, and open acreage suitable for animals, equipment, or outdoor enjoyment. Located within the Frankton-Lapel school district, this property presents a unique opportunity for those seeking usable land, functional outbuildings, and residential comfort in a rural setting.

Directions: GPS Friendly

Additional Information

Interior

Appliances: Dishwasher, Gas Water Heater, Microwave, Refrigerator, Water Heater, Other
Basement (Yes/no): Yes
Basement: Unfinished, Interior Entry, Storage Space
Bathrooms Full: 1
Building Area Total: 1,988
Cooling: Central Air
Fireplace Features: Family Room, Masonry, Living Room
Fireplaces Total: 1
Garage (Yes/no): Yes
Garage Spaces: 3
Heating: Forced Air, Oil
Interior Features: Attic Access, Walk-In Closet(s)
Living Area Source: Appraisal
Rooms Total: 8

Exterior

Exterior Features: Storage, Other
Fencing: Fence Complete, Gate
Foundation Details: Block
Horse Amenities: Arena, Barn, Boarding Facilities, Hay Storage, Tack Room
Lot Size Square Feet: 217,800
Parking Features: Attached
Patio and Porch Features: Breeze Way
Water Source: Private

Financial/HOA/Schools

Days On Market: 2
Elementary School: Lapel Elementary School
Middle School: Lapel Middle School
High School: Lapel Sr High School
High School District: Frankton-Lapel Community Schools
Subdivision Name: No Subdivision

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Chad Renbarger

Chad Renbarger

Fortville, Indiana

(317) 597-2352

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Listed By: Justin Wiley of Berkshire Hathaway Home