5116 N Raceway Road, Indianapolis, IN 46234

$349,900
3
BD
2
BA
1,166
SqFt

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List Price
$349,900
Price Change
▼ $25,000 1783659303
MLS#
22105869
Status
ACTIVE
Days on Market
52
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,166
Property Type
Residential
Year Built
1957

Property Description

Rare find: 2.67-acre horse property in the Brownsburg school district under $400K. Established equestrian setup is ready day one - sand riding arena with post & board fencing, run-in shelter, detached tack house, hay storage, and fully fenced pasture turnout. Updated 3-bedroom ranch features refinished hardwood floors, updated kitchen, fully remodeled tile bathrooms, and 2-car attached garage. This hidden gem is all about the horses but the house itself is a unique find. No HOA, no subdivision restrictions. Just 20 minutes to downtown Indianapolis and minutes to Brownsburg amenities. Perfect for horse owners, hobby farmers, animal lovers, or anyone wanting acreage and outbuildings without leaving Brownsburg schools or the Indy commute behind. Move in, bring your horses, settle in.

Additional Information

Foundation
Block
Stories
One
Architecture
Ranch
Equipment
None
Interior
Hardwood Floors, Eat-in Kitchen
Exterior Amenities
Storage, Storage Shed, Other
Acres
2.67
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Gas Water Heater, MicroHood, Electric Oven, Refrigerator
Semi-Annual Taxes
$909
Garage
Yes
Garage Parking
Garage Door Opener
Region
Lincoln
Areas
Laundry in Garage
Eating Areas
Formal Dining Room

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Advanced Realty.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative