432 500 N, Anderson, IN 46012 (MLS # 22015112)

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PRICE $1,650,000 dsIDX morgage calculator
BEDS 4
BATHS 3
HOME SIZE 2,301 sqft
LOT SIZE 75.22 ac

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!

DAYS ON MARKET 7 LAST UPDATED 12/16/2024
TRACT 106 North YEAR BUILT 1975
COMMUNITY 4807 - Madison - Lafayette GARAGE SPACES 2.0
COUNTY Madison STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Jr. High School Lafayette Tecumseh Jr High School


ADDITIONAL DETAILS
APPLIANCES Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
AREA 4807 - Madison - Lafayette
BARN/EQUESTRIAN Yes
CONSTRUCTION Brick
EXTERIOR Other
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Fireplace Insert, Forced Air
INTERIOR Breakfast Bar, Entrance Foyer, Pantry, Walk-in Closet(s)
LOT 75.22 acre(s)
LOT DESCRIPTION Wooded
PARKING Attached
POOL Yes
POOL DESCRIPTION Above Ground
SEWER Septic Tank
STORIES 1
STYLE Ranch
SUBDIVISION 106 North
UTILITIES Electricity Connected
VIEW Yes
VIEW DESCRIPTION Pasture, Trees/Woods
WATER Well
MORTGAGE CALCULATOR
   

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