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$1,940,000

  • 4 Beds
  • 3 Baths
  • 2,301 sq. Ft

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Property Description for 432 W 500 N Anderson, IN 46012

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
QuickBuy option for home selling

Address:432 W 500 N Anderson IN 46012
Status:Active
on site: 38 days
Price:$1,940,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,301
Year Built:1975
Lot Size:77.81
County: Madison
Township: Lafayette
MLS #:21968443
Property Type:Single Family Residence

Lot Dimensions:3389403
Lot Features:Not In Subdivision
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,301
Total Sq. Ft. :2,301

Loan Price
$11,555
Price And Interest $10,120/month
Property Tax $627/month
MTG INS $0/month
HOME INS $808/month
Price
$1,940,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$627/month
Home Owner Insurance
$9,696 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 17x12 Main
Dining Room 19x15 Main
Kitchen 12x27 Main
8.5x8.5 Main
Bedroom 2 13x12 Main
Bedroom 3 13x10 Main
Bedroom 4 11x10 Main

Semi-Annual Property Tax:$3,763
Tax Year:2023
Mandatory HOA Fee:$

Area: 4807 - Madison - Lafayette
Subdivision: No Subdivision
Zip Code:46012

Total Sq. Ft.:2,301
Interior Features:Breakfast Bar, Hardwood Floors, Eat-in Kitchen, Pantry
Eating Area(s):Formal Dining Room
Appliances:Electric Cooktop
Exterior Features:Barn Pole, Barn Storage, Out Building With Utilities
Exterior Type:Brick
Fireplace(s):Family Room
Cool:Central Electric
Heat:Heat Pump
Water Heater:Electric Cooktop
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Schools in 432 W 500 N Anderson, IN  46012


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Listing provided courtesy of Chad Renbarger with Mossy Oak Properties from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/18/2024 12:00 AM. 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.



Anderson Market Report

78
Avg. DOM
$108.02
Avg. $ / Sq.Ft.
$ 158,125
Med. List Price

The house prices in Anderson are indeed dropping at the moment. There has been a decrease in price of $3,871.21. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Anderson are going Down. The average house price is $159,500.00 and the average price per square feet is $107.58 per square feet. At the moment, the amount of homes listed is exactly 768 houses, with 118 with active status, 105 with pending status and 545 sold in Anderson .

The most popular place to buy a home in Anderson is 4812 - Madison - Anderson SW. 4812 - Madison - Anderson SW is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Anderson .

The average amount of property taxes you would have to pay for a home in Anderson is $1,341.94. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Anderson are staying listed for an average of 72 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Anderson was 3902 minutes ago.

At the moment we have 3 open houses that you can visit.

The cost of the most expensive home in Anderson is $1,940,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Anderson is $16,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Anderson in year 1849 and the newest built house is in year 2024.

The average size of properties in Anderson is 2128.49 sq.ft. , the biggest one being 22075 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.