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432 500 N

Anderson, IN 46012

4 beds
3 baths
2,301 sqft
~75 acre lot
$717 per sqft
1975 build

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!

Listing courtesy of MIBOR / Trueblood Real Estate

Last checked: Checking… • Last updated Dec 18, 2024 •

MLS# 22015112 —

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:

Covered Porch, Glass Enclosed
Exterior Features:

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

No
Direction Faces:

South
Green Certification:

No
Building Area Total:

2301

Interior

Rooms:

10
Rooms Total:

10
Rooms Total:

10
Interior:

Utility Room
Interior Features:

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

Kitchen Updated
Other Equipment:

Generator
Eating Area:

Breakfast Room,Formal Dining Room
Laundry Features:

Laundry Room
Fireplaces Total:

1
Fireplace Features:

Insert

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:

Mature Trees, Wooded
Lot Size Acres:

75.22
Lot Size SqFt:

3,276,496 Sqft
Price Per Acre:

21936
Property Condition:

Updated/Remodeled
Additional Parcels:

true
Additional Parcels Description:

2 lots
View:

Pasture, Trees/Woods
View:

true
Waterfront:

false
Fencing:

Partial
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
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

1
Tax Year:

2023
Semi Annual Property Tax Amt:

4027

Beds

Beds:

4
Bedrooms:

4
Bedrooms Total:

4
Main Level Bedrooms:

4
Primary Bedroom Description:

Closet Walk in

Baths

Baths:

3
Full Baths:

3
Full Baths:

3
Full Baths Main:

3

The Listing

Inspection Warranties:

Not Applicable
Virtual Tour
Virtual Tour Branded:

Virtual Tour

Heating & Cooling

Heating:

Electric, Forced Air
Cooling:

Central Electric
Fuel:

No Fuel Source

Utilities

Utilities:

Electricity Connected, Septic System, Well
Electric:

200+ Amp Service
Water Source:

Private Well
Solid Waste:

No

Appliances

Appliances:

Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer

Schools

Middle Or Junior School:

Lafayette Tecumseh Jr High School
High School District:

Lafayette School Corporation

The Community

Subdivision Name:

106 North
Spa:

false
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

$1,650,000

Expense	Monthly cost
Mortgage	$8,835
Taxes	$671
Insurance	$453
Utilities	$178 See report
Total	$10,137/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
12/16/24 Dec 16, 2024	Listed / Active	MIBOR	$1,650,000

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This house located in IN 46012 is currently for sale for $1,650,000. 432 500 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 Trueblood Real Estate.

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.
Based on information submitted to the MLS GRID. 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.

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