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$1,650,000
10 Days On Site

432 500 N
Anderson, IN 46012

For Sale|Single Family Residence|Active
4
Beds
3
Full Baths
0
Partial Baths
2,301
SqFt
$717
/SqFt
1975
Built
Subdivision:
106 North
County:
Madison
Listing courtesy of Trueblood Real Estate 3176176213

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432 500 N432 500 N432 500 N432 500 N
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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!

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Listing Snapshot
Price 
$1,650,000
Days On Site 
10 Days
Bedrooms 
4
Inside Area (SqFt) 
2,301 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
75.22 Acres
Year Built 
1975
MLS® Number 
22015112
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
75.22
Direction Faces 
South
Foundation 
Block
Garage 
Yes
Garage Spaces 
2
Parking 
Attached
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
2301
Stories 
One
Style 
Ranch
Utilities 
Electricity Connected
Water Source 
Well
Interior Features
Appliances 
DishwasherDryerElectric OvenRefrigeratorWasher
Electric 
200+ Amp Service
Fireplace 
Yes
Fireplace Features 
Insert
Fireplaces 
1
Heating 
Fireplace InsertElectricForced Air
Interior 
Breakfast BarEntrance FoyerPantryWalk-In Closet(s)
Laundry Features 
Laundry Room
Main Level Bedrooms 
4
Window Features 
Insulated Windows
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Exterior Features
Construction Details 
Brick
Exterior 
Other
Fencing 
Partial
Lot Features 
Wooded
Other Structures 
Barn(s)
Patio And Porch 
CoveredGlass Enclosed
Pool Features 
Above Ground
Private Pool 
Yes
View 
PastureTrees/Woods
Waterview 
PastureTrees/Woods
Windows/Doors 
Insulated Windows
Community Features
Horse Property 
NoneBarnBoarding FacilitiesCorral(s)Hay StoragePaddocksPastureRiding TrailRound PenShaving BinStable(s)Tack RoomTrailer StorageWash Rack
MLS Area 
4807 - Madison - Lafayette
School District 
Lafayette School Corporation
Township 
Lafayette
Schools
School District
Lafayette School Corporation
Elementary School
Unknown
Middle School
Lafayette Tecumseh Jr High School
High School
Unknown
Listing courtesy of Trueblood Real Estate 3176176213



Listings courtesy of as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. 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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