876 N Raceway Road, Indianapolis, IN 46234
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key



876 N Raceway Road,Indianapolis, IN 46234
$1,325,000
- 7.3 Acres
- Lots / Land
- Active
Listed by:sharon stamper thompson
Office:keller williams indy metro ne
MLS#:22033386
Source:IN_MIBOR
Price summary
- Price:$1,325,000
About this home
Welcome to a rare blend of country-in-the-city living, rental income, and future development potential. This 3 bedroom, 1.5 bath updated brick ranch offers nearly 1,500 square feet of living space and is currently tenant occupied, providing income for investors and future flexibility for owners. Adjacent to the ranch is a 1,600 square foot heated barn featuring 17-foot ceilings-ideal for a home based business, workshop, storage, or hobby use. Whether you're expanding your home construction or landscaping business, dreaming of a mini-farm, need space for animals or a garden, or are considering future redevelopment, this site offers exceptional possibilities. The property spans 7.29 acres with farmland views, all within the desirable Avon Community School district yet with an Indianapolis address. Conveniently located just minutes from I-465, Ronald Reagan Parkway, and Avon's growing retail corridor, it offers the perfect balance of space, schools, and accessibility. This offering is subject to a new combination of parcels and survey as well as tenant rights. Current zoning is residential. Enjoy the potential of this unique opportunity.
Contact an agent
Home facts
- Listing Id #:22033386
- Added:117 day(s) ago
- Updated:June 27, 2025 at 03:32 PM
Structure and exterior
- Lot area:7.3 Acres
Utilities
- Water:Municipal Water on Site
- Sewer:Municipal Sewer Near, Septic Tank
Finances and disclosures
- Price:$1,325,000
New listings near 876 N Raceway Road
- New$155,000Active2 beds 1 baths865 sq. ft.
533 Temperance Avenue, Indianapolis, IN 46203
MLS# 22055250Listed by: EXP REALTY, LLC - New$190,000Active2 beds 3 baths1,436 sq. ft.
6302 Bishops Pond Lane, Indianapolis, IN 46268
MLS# 22055728Listed by: CENTURY 21 SCHEETZ - Open Sun, 12 to 2pmNew$234,900Active3 beds 2 baths1,811 sq. ft.
3046 River Shore Place, Indianapolis, IN 46208
MLS# 22056202Listed by: F.C. TUCKER COMPANY - New$120,000Active2 beds 1 baths904 sq. ft.
3412 Brouse Avenue, Indianapolis, IN 46218
MLS# 22056547Listed by: HIGHGARDEN REAL ESTATE - New$259,900Active6 beds 5 baths2,146 sq. ft.
4016 Guilford Avenue, Indianapolis, IN 46205
MLS# 22056586Listed by: OWN KEY REALTY - New$675,000Active4 beds 4 baths3,828 sq. ft.
1924 N Park Avenue, Indianapolis, IN 46202
MLS# 22056680Listed by: @PROPERTIES - New$44,900Active0.08 Acres
239 E Caven Street, Indianapolis, IN 46225
MLS# 22056766Listed by: KELLER WILLIAMS INDY METRO S - New$339,900Active2 beds 1 baths1,012 sq. ft.
1012 Kessler Blvd E Drive, Indianapolis, IN 46220
MLS# 22056768Listed by: CIRCLE REAL ESTATE - New$410,000Active4 beds 2 baths2,035 sq. ft.
5445 E 72nd Place, Indianapolis, IN 46250
MLS# 22056769Listed by: UNITED REAL ESTATE INDPLS - New$319,900Active3 beds 2 baths2,273 sq. ft.
7832 Lascala Boulevard, Indianapolis, IN 46237
MLS# 22056770Listed by: ARMSTRONG REAL ESTATE BROKERAG