432-500 500 North

Anderson, IN 46012

$1,600,000
Price
4
Beds
2,301 Sq. Ft.
$695 / Sq. Ft.
2,301
Sq. Ft.
$695
per Sq. Ft.

Description

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...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!
  1. Listed by Jared Nelson • Trueblood Real Estate • jnelson@truebloodre.com

Property Details for 432-500 500 North

Architectural Style
Ranch
Subdivision Name
106 North
Township
Lafayette
Waterfront
No
LISTING UPDATED: 02/27/2025 09:29 AM

Property Details for 432-500 500 North

StatusActive
MLS #22015112
Days on Market81
Taxes$4,027 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1975
Lot Size75.22 AC / 3,276,583 SF
CountyMadison County

Virtual Tour

Building Information for 432-500 500 North

Stories-Year Built1975Building Size-Lot Size75.22 AC / 3,276,583 SF

Property Information for 432-500 500 North

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46012
  • Postal Code Plus4: 9500
  • State Or Province: IN
  • View: Pasture, Trees/Woods
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 480813400009000017
  • Semi Annual Property Tax Amt: 4027
  • Tax Year: 2023
  • Additional Parcels Description: 2 lots
  • TaxLot: 1
School Information
  • Middle Or Junior School: Lapel Middle School
  • School District: Frankton-Lapel Community Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 696
Property
Lot Information
  • Acreage: >20 Acres
  • Lot Description: Mature Trees, Wooded
  • Lot Size Square Feet: 3276496.0
  • Lot Size Acres: 75.22
  • Main Level SqFt: 2301
  • New Construction: False
  • Sqft Total: 2301.0
  • Sq Ft Total: 2301.0
  • Year Built Numeric: 1975
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: W2 Se 75.2180Acres Str: 13207 Section: Plat: 00 In: Out:
  • Photos Count: 44
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Electric: 200+ Amp Service
  • Solid Waste: No
  • Utilities: Electricity Connected, Septic System, Well
  • Water Source: Private Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Barn Pole, Barn Storage, Out Building With Utilities, Other
  • Foundation Details: Block
  • Fuel: No Fuel Source
  • Pool Private: Yes
  • 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
  • Pool Features: Above Ground
  • Fencing: Partial
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer
  • Areas Interior: Utility Room
  • Basement YN: No
  • Cooling: Central Electric
  • Eating Area: Breakfast Room, Formal Dining Room
  • Fireplace Features: Insert
  • Fireplaces Total: 1
  • Heating: Electric, Forced Air
  • Interior Features: Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Pantry, Programmable Thermostat, Walk-in Closet(s), Windows Thermal, Windows Vinyl, Wood Work Painted
  • Levels: One
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Generator
  • Room List: Living Room, Dining Room, Kitchen, Breakfast Room, Laundry, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Office
  • Room and Features: Living Room-Main-Carpet, Dining Room-Main-Carpet, Kitchen-Main-Hardwood, Breakfast Room-Main-Hardwood, Laundry-Main-Vinyl, Primary Bedroom-Main-Carpet, Bedroom 2-Main-Carpet, Bedroom 3-Main-Carpet, Bedroom 4-Main-Carpet, Office-Main-Carpet
  • Spa: No
  • Main Level Bedrooms: 4
  • Laundry Features: Laundry Room
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 10
  • Rooms Total MU: 10
  • Total Rooms: 10
Room 1
  • Room Level: Main
  • Room Dimensions: 19x15
  • Room Features: Carpet
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 20x12
  • Room Features: Carpet
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 10x18
  • Room Features: Hardwood
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Hardwood
  • Room Type: Breakfast Room
Room 5
  • Room Level: Main
  • Room Dimensions: 8x8
  • Room Features: Vinyl
  • Room Type: Laundry
Room 6
  • Room Level: Main
  • Room Dimensions: 15x12
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 7
  • Room Level: Main
  • Room Dimensions: 11x13
  • Room Features: Carpet
  • Room Type: Bedroom 2
Room 8
  • Room Level: Main
  • Room Dimensions: 12x13
  • Room Features: Carpet
  • Room Type: Bedroom 3
Room 9
  • Room Level: Main
  • Room Dimensions: 10x13
  • Room Features: Carpet
  • Room Type: Bedroom 4
Room 10
  • Room Level: Main
  • Room Dimensions: 15x13
  • Room Features: Carpet
  • Room Type: Office
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 3
  • Full Baths MU: 3
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 4
  • Bedrooms MU: 4
  • Bedrooms Total: 4

Property History for 432-500 500 North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 432-500 500 North

This home is within Frankton-Lapel Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Frankton Elementary School
PublicPK to 6

Frankton Jr-Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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432-500 500 North is a single family home for sale in Anderson, IN 46012. This property was listed for sale on December 16, 2024 by Trueblood Real Estate, it's currently listed at $1,600,000. This listing's school district is Frankton-Lapel Community Schools. Nearby schools include Frankton Elementary School and Frankton Jr-Sr High School. 432-500 500 North is a 4-bed, 3-bath, 2,301 sqft single family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Trueblood Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.