$1,600,000
$50K PRICE DROP

432 W 500 N Anderson, IN 46012

Estimated payment $9,610/month

Total Views 39,086
4 Beds
3 Baths
2,301 Sq Ft
$695 Price per Sq Ft

Highlights

  • Above Ground Pool
  • 75.22 Acre Lot
  • Ranch Style House
  • View of Trees or Woods
  • Mature Trees
  • Wood Flooring

About This Home

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 Agent

Jared Nelson

Trueblood Real Estate Brokerage Email: jnelson@jnandarealty.com License #RB14047888 Listed on: 12/16/2024

Trueblood Real Estate

Co-Listing Agent

Michael Moore

Trueblood Real Estate Brokerage Email: jnelson@jnandarealty.com License #RB17000474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,054

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 75.22 Acre Lot
  • Mature Trees
  • Wooded Lot
  • Additional Parcels

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Pasture

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,301 Sq Ft Home
  • Woodwork
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Vinyl Clad Windows
  • Entrance Foyer
  • Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Enclosed Glass Porch
  • Pole Barn
  • Shed
  • Outbuilding

Schools

  • Lapel Middle School

Utilities

  • Forced Air Heating System
  • Programmable Thermostat
  • Power Generator
  • Well

Community Details

  • No Home Owners Association
  • 106 North Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 480813400009000017

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,054

Year Built

Built in 1975 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1975
  • Building Area Total: 2301
  • Co List Office Phone: 317-288-5148
  • Garage Y N: Yes
  • Lot Size Acres: 75.22
  • Subdivision Name: 106 North
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jnelson@jnandarealty.com
  • Attribution Contact: jnelson@jnandarealty.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Insert
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Pantry, Programmable Thermostat, Walk-in Closet(s), Windows Thermal, Windows Vinyl, Wood Work Painted
  • Living Area: 2301
  • Main Level Bedrooms: 4
  • Other Equipment: Generator
  • Spa Y N: No
  • Areas Interior: Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 3
  • Main Level Sq Ft: 2301
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Direction Faces: South
  • Exterior Features: Barn Pole, Barn Storage, Out Building With Utilities, Other
  • Fencing: Partial
  • Foundation Details: Block
  • List Price: 1600000
  • Patio And Porch Features: Covered Porch, Glass Enclosed
  • Pool Features: Above Ground
  • Pool Private Y N: Yes
  • Property Condition: Updated/Remodeled
  • View: Pasture, Trees/Woods
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Fuel: No Fuel Source
  • Garage Sq Ft: 696

Utilities

  • Utilities: Electricity Connected, Septic System, Well
  • Electric: 200+ Amp Service
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Lapel Middle School

Lot Info

  • Lot Features: Mature Trees, Wooded
  • Property Attached Yn: No
  • Additional Parcels Description: 2 lots
  • Additional Parcels: 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
  • Lot Size Sq Ft: 3276496
  • Parcel Number: 480813400009000017
  • Acres: >20 Acres
  • Price Acre: 21271

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 8054
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 4027

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,192 $526,800 $197,500 $329,300
2023 $8,053 $479,900 $167,100 $312,800
2022 $7,612 $437,800 $135,100 $302,700
2021 $6,377 $384,900 $118,800 $266,100
2020 $6,779 $386,300 $117,100 $269,200
2019 $6,957 $399,100 $136,800 $262,300
2018 $5,199 $310,400 $140,700 $169,700
2017 $5,206 $329,100 $159,200 $169,900
2016 $5,630 $335,700 $167,600 $168,100
2014 $5,129 $324,400 $157,100 $167,300
2013 $5,129 $298,500 $137,100 $161,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2025 02/15/25 Price Changed $1,600,000 -3.0% $695 / Sq Ft
12/16/2024 12/16/24 For Sale $1,650,000 0.0% $717 / Sq Ft
12/05/2024 12/05/24 For Sale $1,650,000 -- --
Source: MIBOR Broker Listing Cooperative®

Mortgage History

Date Status Loan Amount Loan Type
Closed $486,000 New Conventional
Closed $500,000 New Conventional
Closed $300,000 New Conventional
Closed $200,000 New Conventional
Closed $327,269 Stand Alone Refi Refinance Of Original Loan
Closed $75,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22015112

MIBOR Broker Listing Cooperative®

APN: 48-08-13-400-009.000-017