432 W 500 N Anderson, IN 46012
Estimated payment $9,610/month
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
Trueblood Real Estate Brokerage Email: jnelson@jnandarealty.com License #RB14047888 Listed on: 12/16/2024

Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
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: MIBOR Broker Listing Cooperative®
MLS Number: 22015112

APN: 48-08-13-400-009.000-017
- 5422 N State Road 9 (Lot B)
- 5422 N State Road 9 (Lot A)
- 140 Kim Dr
- 5091 Alexandria Pike
- 5730 N Teresa Dr
- 5749 N Teresa Dr
- 5631 N Olivia Dr
- 5542 N Olivia Dr
- 5576 N Heritage Ln
- 186 W 600 N
- 5939 N Olivia Dr
- 5944 N Olivia Dr
- 4817 N 150 W
- 243 E Benton St
- 4193 Alexandria Pike
- 720 E 400 N
- 3533 Alexandria Pike
- 508 Hillside Dr
- 619 Belzer Dr
- 728 W 300 N