Sheldon Barnes
For Sale — 432 W 500 N, Anderson, IN 46012432 W 500 N
Anderson, Indiana 46012
106 North
4
Beds
3
Baths
2,301
Sq Ft
1975
Year Built
75.22
Acres
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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.
Key things to know
- 75.22 acres with pastureland and hay production
- Barns with 34 stalls and boarding facilities
- Wash rack, tack areas, and covered hay storage
- Rain or exercise track and corral pens
- Pool and deck on grounds
Monthly payment
Estimate · $1,750,000
$9,914/mo
≈ $9,314 principal & interest · $599 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $350,000 on a loan of $1,400,000.
Price history
- Price reduced$1,850,000 → $1,750,000
Mar 3, 2026
- Listedat $1,950,000
Aug 1, 2025
Recent comparable sales
Comparative value
5 comps in this range
This home is 536% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$1,950,000Listed· Aug 1, 2025
$1,750,000Reduced
↓ $200,000 (10.3% off original)
271 days on market
Layout
Schools
Frankton-Lapel Community Schools
Middle
Lapel Middle School
Neighborhood
- Hamilton Town Center19.8 mi
- Hamilton Southeastern HS20.6 mi
- Conner Prairie22.7 mi
- Fishers High School22.9 mi
- Westfield High School25.4 mi
- IU Health North Hospital25.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,301 sq ft
Year Built
1975
Stories
One
Subdivision
106 North
Bedrooms
4
Bathrooms
3 full
Garage
2 spaces
School District
Frankton-Lapel Community Schools