Address
432 W 500 N, Anderson, IN
Price
$ 1,940,000
Property Attributes
  • MLS#21968443
  • TypeSingle Family
  • CountyMADISON
  • CityAnderson
  • AreaLafayette
  • Zip46012
  • StyleRanch
  • Year Built1975
  • Taxes$ 7526
  • Price$ 1,940,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2301
  • Lot Size77.81 Acres
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

A 78-acre equestrian training facility nestled in the heart of Madison County, IN, within the Lapel School District. This sprawling 78-acre estate is a haven for equestrian enthusiasts, offering unparalleled amenities. 3 outbuildings, 3 tracks, pond, and 4 bedroom brick ranch home. Barns: The centerpiece is the expansive main barn, spanning an impressive 184 x 42 feet. Boasting 29 spacious stalls (each measuring 10x12), this barn provides ample accommodations. Equipped with two wash bays, a shoe-in room, a vet room, and its own septic system, the main barn ensures that both horse and rider have everything they need for optimal care and performance. Plus, with a backup generator in place, you can rest assured that your operations will remain uninterrupted, even during power outages. The second barn offers additional amenities, including five stalls, a tack room, feed room, wash stall, and loft space with a convenient lean-to attachment. This versatile space provides further flexibility for housing and caring for your horses, ensuring that every aspect of their well-being is catered to. Completing the trio of outbuildings is a spacious structure measuring 40 x 70 feet, featuring concrete flooring and a 24x70 lean-to attachment. Ideal for storage, equipment maintenance, or additional equestrian activities, this building adds yet another layer of functionality to the property. Property: For training and exercise, the property offers a range of track options, including a 1/3-mile jogging sand track, a 5/8-mile pea gravel track, and a 1/2-mile strip track surfaced with brown ag lime. Whether you're preparing for competition or simply enjoying a leisurely ride, these tracks provide the perfect venue. The meticulously maintained grounds feature over 35 acres of hay fields, perfect for providing nutritious forage for your horses year-round. Additionally, the property boasts a well-designed layout of paddocks, including 3 1/2-acre paddocks, 4 five-acre pa

Middle School
Lapel Middle School
Price History
3/21/2024 Listed $1,940,000

General Features

Interior Features Breakfast Bar,Hardwood Floors,Eat-in Kitchen,Pantry
Heating Heat Pump
Cooling Central Electric
Possession Negotiable
Appliances Electric Cooktop
Exterior Features Barn Pole,Barn Storage,Out Building With Utilities
Garage Spaces 2
Patio/Porch Features Screened
Architectural Style Ranch
Pool Features Above Ground
Construction Materials Brick
Year Built 1975
Township Lafayette
Levels One
Property SubType Single Family Residence
Tax Year 2023
Additional Parcels Description 3 total
County Madison
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name No Subdivision
Garage Y/N Yes
Total Rooms 9
Status Active
Directions GPS Friendly
ModificationTimestamp 2024-03-21T23:32:07.360Z
City Anderson
Buyer Agent Compensation 2.5
High School District Frankton-Lapel Community Schools
MLS Area 4807 - Madison - Lafayette
Lot Size Square Feet 3389403
Waterfront Y/N No
Street Name 500
Property Attached Y/N No
Middle/Junior High School Lapel Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N Yes
Days on Market 2
Standard Status Active
Tax Lot 48-08-13-400-009.000-017,48-08-13-400-011.000-017,48-08-13-400-010.000-017
Virtual Tour https://youtu.be/k5bU6OV6dQ0
Buyer Agent Compensation Type %
Legal Description W2 Se 75.2180Acres Str: 13207 Section: Plat: 00 In: Out: MINI PLAT #127 0.0000Acres STR: 00000 SECTION: PLAT: 00 IN: OUT: MINI PLAT #127 0.0000Acres STR: 00000 SECTION: PLAT: 00 IN: OUT:

Interior Features

Total Fireplaces 1
Fireplace Features Family Room
Basement (Y/N) No
Full Baths 2
Half Baths 1
Total Bedrooms 4
Main Level Bedrooms 4
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Fencing Gate
Parking Features Attached
Lot Features Not In Subdivision
Water Source Private Well
Foundation Details Block
Building Area Total 2301
Lot Size Acres 77.81
Horse Amenities Barn,Boarding Facilities,Corral(s),Hay Storage,Paddocks,Pasture,Stable(s),Tack Room,Trailer Storage,Wash Rack

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46012

Price
AVG $310K
$1.94M
Taxes
AVG $1,800
$7,526
Visits
AVG 89
113
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1975

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