5116 N Raceway Road, Indianapolis, IN 46234

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
5116 N Raceway Road,Indianapolis, IN 46234
$399,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,166 sq. ft.
  • Single family
  • Active
Listed by: josh latham
Office: re/max advanced realty
MLS#:22105869
Source:IN_MIBOR

Price summary

  • Price:$399,000
  • Price per sq. ft.:$342.2

About this home

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.

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Home facts

  • Year built:1957
  • Listing ID #:22105869
  • Added:1 day(s) ago
  • Updated:June 06, 2026 at 12:39 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Hardwood Floors
  • Dining Description:Formal Dining Room
  • Kitchen Description:Electric Oven, Microwave Hood, Refrigerator
  • Living area:1,166 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1957
  • Building area:1,166 sq. ft.
  • Lot area:2.67 Acres
  • Lot Features:Mature Trees, Not In Subdivision
  • Architectural Style:Ranch
  • Construction Materials:Vinyl With Stone
  • Exterior Features:Storage, Storage Shed
  • Foundation Description:Block

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$342.2

Features and amenities

  • Appliances:Refrigerator
  • Laundry features:Laundry in Garage

Parking

  • Parking description:Garage Door Opener
  • Garage:Yes
  • Garage spaces:2
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