1 month on rocket

432 W 500 N, Anderson, IN, 46012

$1,940,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,301 SqFt
$843/SqFt
House
Schools Nearby

Location

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432 W 500 N, Anderson$1,940,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1975
HeatingHeat Pump
CoolingCentral Air
FireplaceFamily Room
MLS #21968443
Lot Size77.81 Acres
StatusActive

About 432 W 500 N

A 78-acre equestrian training facility nestled in the heart of Madison County, IN, within the Lapel School District. This sprawling 78-acre estate is a haven for equestrian enthusiasts, offering unparalleled amenities. 3 outbuildings, 3 tracks, pond, and 4 bedroom brick ranch home. Barns: The centerpiece is the expansive main barn, spanning an impressive 184 x 42 feet. Boasting 29 spacious stalls (each measuring 10x12), this barn provides ample accommodations. Equipped with two wash bays, a shoe-in room, a vet room, and its own septic system, the main barn ensures that both horse and rider have everything they need for optimal care and performance. Plus, with a backup generator in place, you can rest assured that your operations will remain uninterrupted, even during power outages. The second barn offers additional amenities, including five stalls, a tack room, feed room, wash stall, and loft space with a convenient lean-to attachment. This versatile space provides further flexibility for housing and caring for your horses, ensuring that every aspect of their well-being is catered to. Completing the trio of outbuildings is a spacious structure measuring 40 x 70 feet, featuring concrete flooring and a 24x70 lean-to attachment. Ideal for storage, equipment maintenance, or additional equestrian activities, this building adds yet another layer of functionality to the property. Property: For training and exercise, the property offers a range of track options, including a 1/3-mile jogging sand track, a 5/8-mile pea gravel track, and a 1/2-mile strip track surfaced with brown ag lime. Whether you're preparing for competition or simply enjoying a leisurely ride, these tracks provide the perfect venue. The meticulously maintained grounds feature over 35 acres of hay fields, perfect for providing nutritious forage for your horses year-round. Additionally, the property boasts a well-designed layout of paddocks, including 3 1/2-acre paddocks, 4 five-acre pa

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1975
  • Living Area: 2,301 SqFt

Listing Office:

  • Office Name: Mossy Oak Properties
  • Office Email: crenbarger@mossyoakproperties.com
  • Listing Agent: Chad Renbarger

Interior Features

Interior Information:

  • Appliances: Electric Cooktop
  • Basement: No
  • Interior: Breakfast Bar, Hardwood Floors, Eat-in Kitchen, Pantry
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Barn Pole, Barn Storage, Out Building With Utilities

Lot Features

Lot Information:

  • Lot Size: 77.81 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Frankton Jr-Sr High School, Public District Grades 7-12
  • Frankton Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,940,000
  • Price Per SqFt: $843/SqFt

Tax Information:

  • Annual Amount: $6,957
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Anderson, IN.

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Anderson, IN

City

Med. Sold Price

$160K

Med. Price/SqFt

$104

Avg. Days On Market

39

# of Sold Homes

71

432 W 500 N vs Anderson

37 DAYS ON ROCKET

-2 Days

$1,940,000

+$1.7M More

$843/SqFt

+$739 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $739/SqFt more than other homes in Anderson, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21968443

Listing Office:

  • Office Name: Mossy Oak Properties
  • Office Email: crenbarger@mossyoakproperties.com
  • Listing Agent: Chad Renbarger

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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Last updated on: 4/27/2024, 6:16:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,957$386,300
2019$5,199$399,100
2017$5,512$329,100

History based on county public records data.

Payment Calculator

$9,750

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,883

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1501872
5
/10

  • Frankton Elementary School

  • 1303 Sr 128 West

  • 5.12 miles

  • Public District Grades PK-6

High School

school-card-donut-1501873
5
/10

  • Frankton Jr-Sr High School

  • 610 E Clyde St

  • 5.60 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,474. Most Anderson, IN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 432 W 500 N

What is the listing price of this property?

The listing price of 432 W 500 N property is $1,940,000.

What type of property is this?

The property 432 W 500 N is a house located in Anderson, Indiana, 46012.

Is this property for sale now?

Active Listing: 432 W 500 N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 432 W 500 N are:
Frankton Elementary School: GreatSchools Rating 5/10
Frankton Jr-Sr High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,957 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 432 W 500 N has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 432 W 500 N is 2,301 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 432 W 500 N is 1975.

Rocket Homes›Indiana›Madison County›Anderson›46012›432 W 500 N

This home is located at 432 W 500 N in Anderson, IN and zip code 46012. This 2,301 square foot home, which was built in 1975, sits on a 77.81 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,940,000.

In March 2024, from all listings sold in Anderson, IN there were more than 22 sold above asking price, over 38 sold below and more than 11 were sold right at the asked price. The inventory of homes for sale in Anderson, IN between February 2024 and March 2024 increased by 6.4%. While the average time on the market in March 2024 was 39 days, the median list price was $160,000.

From Rocket Homes Real Estate and based on county public records data.

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