$1,899,900
$100K PRICE DROP

5479 S 200 E Anderson, IN 46017

Estimated payment $10,636/month

Total Views 8,456
35.52 Acres
$53,488 Price per Acre
1,547,251 Sq Ft Lot

Highlights

  • 35.52 Acre Lot
  • Mature Trees
  • No HOA
  • Pendleton Heights High School Rated 9+
  • Pole Barn
  • Wrap Around Porch

About This Lot

Equestrian Training Facility with Custom Home on 35.5 Acres - 5479 S 200 E, Anderson, IN Discover a unique opportunity in Madison County-an exceptional horse racing training facility paired with a beautifully crafted residence, all set on 35.5 acres. This turnkey equestrian property includes a full-size training race track with a small pond at its center, 12 fenced paddocks, and three outbuildings-all with power and water. Two massive stable barns, each 40'x216', offer 30 stalls apiece (60 total), ideal for housing and training standardbred horses. A 2,300 sq ft barn provides additional storage, equipment, or feed space. The residence offers comfort and style with four spacious bedrooms and a main-level layout designed for ease of living. The family room features vaulted ceilings with rustic wood beams and a cozy fireplace, creating a warm and inviting atmosphere. The kitchen boasts solid-surface counters, shaker cabinetry, a peninsula, and bar seating-perfect for casual dining or entertaining. The primary suite includes a private bath with a walk-in shower and large whirlpool tub. Three of the bedrooms have walk-in closets, and a main-level laundry room adds convenience. Enjoy evenings on the patio or around the fire pit, taking in the peaceful rural setting. Whether you're a professional trainer, breeder, or simply a horse enthusiast, this property offers the space, facilities, and lifestyle to match your passion. Just minutes from I-69 and the Anderson Racetrack and Casino, this one-of-a-kind estate blends country living with equestrian excellence.

Listing Agent

Wes Johnston

Trueblood Real Estate License #RB18001276 Listed on: 07/18/2025

Trueblood Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,120

Year Built

  • Built in 1929

Lot Details

  • 35.52 Acre Lot
  • Rural Setting
  • Mature Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Pendleton Heights Middle School
  • Pendleton Heights High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 481308100016000001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pole Barn
  • Wrap Around Porch

Property Details

Property Type

Land

Est. Annual Taxes

$7,120

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Farm
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1929
  • Building Area Total: 2770
  • Garage Y N: Yes
  • Lot Size Acres: 35.52
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Masonry
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 2770
  • Main Level Bedrooms: 1
  • Spa Y N: No
  • Areas Interior: Bath Jack-n-Jill,Laundry in Unit,Living Room Formal
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2030
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Country,Kitchen Some Updates
  • Upper Level Sq Ft: 740
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Direction Faces: East
  • Exterior Features: Barn Pole
  • Fencing: Fence Complete, Perimeter, Split Rail
  • Foundation Details: Block
  • List Price: 1899900
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Wrap Around
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener
  • Garage Sq Ft: 912

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Septic System
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Well, Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Pendleton Heights Middle School

Lot Info

  • Lot Features: Rural - Not Subdivision, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None, Arena, Boarding Facilities, Corral(s), Hay Storage, Paddocks, Pasture, Stable(s), Tack Room, Trailer Storage
  • Lot Size Sq Ft: 1547164
  • Parcel Number: 481308100016000001
  • Acres: >20 Acres
  • Price Acre: 53488
  • Tillable Acres: 20
  • Wooded Acres: 0

Tax Info

  • Tax Annual Amount: 7120
  • Tax Lot: 000
  • Semi Annual Property Tax Amt: 3560
  • Tax Exemption: None

MLS Schools

  • High School: Pendleton Heights High School

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 $7,121 $431,700 $57,200 $374,500
2023 $7,953 $394,500 $50,100 $344,400
2022 $8,065 $406,100 $43,800 $362,300
2021 $7,860 $380,400 $40,500 $339,900
2020 $7,870 $366,600 $39,600 $327,000
2019 $8,274 $359,000 $44,100 $314,900
2018 $7,993 $362,100 $44,800 $317,300
2017 $8,126 $353,800 $47,700 $306,100
2016 $9,057 $397,500 $85,000 $312,500
2014 $8,947 $396,700 $87,900 $308,800
2013 $8,947 $373,900 $78,000 $295,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 Price Changed $1,899,900 -5.0% $686 / Sq Ft
07/18/2025 07/18/25 For Sale $1,999,900 -- $722 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 Progressive Land Title Agency
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22051217

MIBOR Broker Listing Cooperative®

APN: 48-13-08-100-016.000-001