432 W 500 N, Anderson, IN 46012

$1,940,000 Asking Price

4 beds
3 baths
2,301  sqft
Built in 1975

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


Features & Amenities

Interior

General:
Breakfast Bar, Hardwood Floors, Eat-in Kitchen, Pantry
Appliances:
Electric Cooktop
A/C:
Central Electric
Heating:
Heat Pump
Fireplace:
Family Room, Fireplaces: 1

Exterior

General:
Barn Pole, Barn Storage, Out Building With Utilities
Style:
Ranch
Other Structures:
Screened
Pool:
Above Ground
Parking:
Attached

Construction

General:
One, Block

Location

Originating MLS:
mibor
School District:
Frankton-Lapel Community Schools
County:
Madison

Lot

Zoning:
W2 Se 75.2180Acres Str: 13207 Section: Plat: 00 In: Out: MINI PLAT #127 0.0000Acres STR: 00000 SECTION: PLAT: 00 IN: OUT: MINI PLAT #127 0.0000Acres STR: 00000 SECTION: PLAT: 00 IN: OUT:, 480813400009000017
Fencing:
Gate

Utilities

Water:
Private Well

Financial

Source:
mibor
Buyers Agent Compensation:
2.5 %

This listing courtesy of:
Mossy Oak Properties, Chad Renbarger

About Anderson, IN

Housing

Number of Units
37,633
Median Home Value
$100,305
Median Rent
$602

36.66% of housing units are renter occupied.

11.51% are vacant.

Commute

Car
80.37%
Public Transportation
0.45%
Walk to Work
1.87%
Work from Home
16.06%
Other
0.62%

The median travel time to work is 23 minutes.

People

Population
78,679
Median Age
41.60
Median Household Size
2.46

Education

High School
40.73%
Associate’s Degree
9.20%
Bachelor’s Degree
11.47%
Graduate Degree
6.73%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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