$1,850,000
$100K PRICE DROP

432 W 500 N Anderson, IN 46012

Estimated payment $10,331/month

Total Views 17,178
4 Beds
3 Baths
2,301 Sq Ft
$804 Price per Sq Ft

Highlights

  • 75.22 Acre Lot
  • Ranch Style House
  • No HOA
  • Pasture Views
  • Pole Barn
  • Enclosed Glass Porch

About This Home

Equestrian Property on 75+ Acres - A Rare Opportunity in the Heart of the Countryside Welcome to your dream equestrian property, perfectly nestled on 75.22 acres of pristine pastureland. This extraordinary estate offers an unmatched blend of residential comfort and agricultural functionality, making it an ideal haven for horse enthusiasts, trainers, breeders, or those seeking the peaceful charm of country living. The 2,301 sq ft ranch-style home is both spacious and inviting, featuring 4 generously sized bedrooms and 2 full bathrooms, a bright open layout, and a cozy stone fireplace. Step out to enjoy the serene backyard complete with a deck and above-ground pool - the perfect setting for relaxation after a long day on the farm. For the equestrian professional or hobbyist, the property is outfitted with premium facilities including: Barns with 34 stalls, Boarding facilities, Wash rack and tack areas, Corral pens and fenced paddocks, Covered hay storage, Pasture space for grazing, Trailer and equipment storage, rain or exercise track. The property has 7 dry lots on the land, approximately 20 acres for hay and alfalfa, and currently 12 acres are fenced off for cattle. Whether you're running a boarding business, training facility, or simply living your rural dream, this turnkey operation is ready for you. With gently rolling pastures, mature trees, and wide-open skies, every acre is both functional and scenic. Conveniently located yet blissfully private, this is a once-in-a-lifetime opportunity to own an exceptional agricultural estate with all the space and infrastructure you need - and all the charm you want.

Listing Agent

Vince Ferguson

Mark Dietel Realty, LLC License #RB14047989 Listed on: 08/01/2025

Co-Listing Agent

Mark Dietel

Mark Dietel Realty, LLC License #RB14038418

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,192

Year Built

  • Built in 1975

Lot Details

  • 75.22 Acre Lot
  • Rural Setting

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Farm
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,301 Sq Ft Home
  • Woodwork
  • Self Contained Fireplace Unit Or Insert
  • Entrance Foyer
  • Breakfast Room
  • Pasture Views
  • Pull Down Stairs to Attic
  • Smart Thermostat

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Enclosed Glass Porch
  • Pole Barn
  • Outdoor Storage

Schools

  • Lapel Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Community Details

  • No Home Owners Association
  • 106 North Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 13
  • Assessor Parcel Number 480813400009000017

Property Details

Property Type

Other

Est. Annual Taxes

$7,192

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Farm
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1975
  • Building Area Total: 2301
  • Co List Office Phone: 317-886-8440
  • Garage Y N: Yes
  • Lot Size Acres: 75.22
  • Subdivision Name: 106 North
  • Transaction Type: Sale
  • Website: markdietel.com
  • Accessibility Features YN: No
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, MicroHood, Electric Oven, Refrigerator
  • 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, Smart Thermostat, Walk-In Closet(s), Wood Work Painted
  • Living Area: 2301
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 3
  • Main Level Sq Ft: 2301
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Barn Pole, Storage
  • Foundation Details: Poured Concrete
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Glass Enclosed
  • View: Pasture
  • View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Electric, Forced Air
  • Water Source: Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Lapel Middle School

Lot Info

  • Lot Features: Rural - Not Subdivision
  • Property Attached Yn: No
  • Horse Amenities: None, Barn, Corral(s), Hay Storage, Paddocks, Pasture, Riding Trail, Stable(s), Tack Room, Trailer Storage, Wash Rack
  • Lot Size Sq Ft: 3276496
  • Parcel Number: 480813400009000017
  • Acres: >20 Acres

Tax Info

  • Tax Annual Amount: 7192
  • Tax Block: 13
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 3596
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $7,192 $526,800 $197,500 $329,300
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 List to Sale Price per Sq Ft
09/08/2025 09/08/25 Price Changed $1,850,000 -5.1% $804 / Sq Ft
08/04/2025 08/04/25 For Sale $1,950,000 -- $847 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22053687

MIBOR Broker Listing Cooperative®

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