Sheldon Barnes
For Sale — 5479 S 200 E, Anderson, IN 460175479 S 200 E
Anderson, Indiana 46017
No Subdivision
4
Beds
3
Baths
2,770
Sq Ft
1929
Year Built
35.52
Acres
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ABOUT THIS HOME
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.
Key things to know
- Full-size racing track with training paddocks
- Dual 40x216 barns with 60 total stalls
- 4 bed, main-level primary suite with soaking tub
- Vaulted family room with fireplace and wood beams
- 35.5 acres with power and water throughout
Monthly payment
Estimate · $1,600,000
$9,109/mo
≈ $8,516 principal & interest · $593 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $320,000 on a loan of $1,280,000.
Price history
- Price reduced$1,899,900 → $1,600,000
Jan 6, 2026
- Listedat $1,999,900
Jul 18, 2025
Recent comparable sales
Comparative value
5 comps in this range
This home is 515% 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
$1,999,900Listed· Jul 18, 2025
$1,600,000Reduced
↓ $399,900 (20.0% off original)
189 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Suite,Tub Full with Separate Shower,Tub Whirlpool
Schools
South Madison Com Sch Corp
Middle
Pendleton Heights Middle School
High
Pendleton Heights High School
Neighborhood
- Hamilton Town Center17.4 mi
- Hamilton Southeastern HS18.3 mi
- Conner Prairie20.1 mi
- Fishers High School20.2 mi
- IU Health North Hospital23.5 mi
- Carmel Arts & Design District25.8 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,770 sq ft
Year Built
1929
Stories
One and One Half
Subdivision
No Subdivision
Bedrooms
4
Bathrooms
2 full, 1 half
Garage
3 spaces
School District
South Madison Com Sch Corp