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432 W 500 N

Anderson, IN 46012

4 beds
3 baths
2,301 sqft
~78 acre lot
$843 per sqft
1975 build

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

Listing courtesy of MIBOR / Mossy Oak Properties

Last checked: Checking… • Last updated Mar 21, 2024 •

MLS# 21968443 —

The Building

Year Built:

1975
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Ranch
Levels:

One
Basement:

false
Foundation Details:

Block
Patio And Porch Features:

Screened
Exterior Features:

Barn Pole, Barn Storage, Out Building With Utilities
Accessibility Features:

No
Green Certification:

No
Building Area Total:

2301

Interior

Rooms:

9
Rooms Total:

9
Rooms Total:

9
Interior Features:

Breakfast Bar, Hardwood Floors, Eat-in Kitchen, Pantry
Kitchen Features:

Kitchen Updated
Eating Area:

Formal Dining Room
Fireplaces Total:

1
Fireplace Features:

Family Room

Room Dimensions

SqFt:

2301
Main Level SqFt:

2301
Living Area:

2301

Location

Directions:

GPS Friendly
Latitude:

40.181536
Longitude:

-85.680042

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

480813400009000017
Acres:

>20 Acres
Lot Features:

Not In Subdivision
Lot Size Acres:

77.81
Lot Size SqFt:

3,389,403 Sqft
Price Per Acre:

24933
Property Condition:

Updated/Remodeled
Additional Parcels:

true
Additional Parcels Description:

3 total
Waterfront:

false
Fencing:

Gate
Horse Amenities:

Barn, Boarding Facilities, Corral(s), Hay Storage, Paddocks, Pasture, Stable(s), Tack Room, Trailer Storage, Wash Rack
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

48-08-13-400-009.000-017,48-08-13-400-011.000-017, 48-08-13-400-010.000-017
Tax Year:

2023
Semi Annual Property Tax Amt:

3763

Beds

Beds:

4
Bedrooms:

4
Bedrooms Total:

4
Main Level Bedrooms:

4

Baths

Baths:

3
Full Baths:

2
Full Baths:

2
Half Baths:

1
Half Baths:

1
Full Baths Main:

2
Half Baths Main:

1

The Listing

Virtual Tour Branded:

Virtual Tour
Buyer's Brokerage Compensation:

2.5

Heating & Cooling

Heating:

Heat Pump
Cooling:

Central Electric

Utilities

Water Source:

Private Well
Solid Waste:

No

Appliances

Appliances:

Electric Cooktop

Schools

Middle Or Junior School:

Lapel Middle School
High School District:

Frankton-Lapel Community Schools

The Community

Subdivision Name:

No Subdivision
Pool Features:

Above Ground
Pool Private:

true
Association:

false

Parking

Parking Features:

Attached
Garage:

true
Garage Spaces:

2
Garage SqFt:

696

Monthly cost estimate

Asking price

$1,940,000

Expense	Monthly cost
Mortgage	$10,388
Taxes	$627
Insurance	$533
Utilities	$178 See report
Total	$11,726/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
3/20/24 Mar 20, 2024	Listed / Active	MIBOR	$1,940,000

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This house located in IN 46012 is currently for sale for $1,940,000. 432 W 500 N is a 2,301 square foot house with 4 beds and 3 baths. This house is in the attendance area of Frankton Elementary School and Frankton Junior Senior High School.

Listing Courtesy of: MIBOR and Mossy Oak Properties.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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