5116 N Raceway RD Indianapolis, IN 46234 New

UPDATED: 06/05/2026 10:21 PM ON MARKET: 1 days on market

$399,000

3 Beds2 Baths1,166 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,166 sqft

Price per Sqft $342

Subdivision Metes & Bounds

MLS Listing ID 22105869

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1957

Tax Year 2025

Lot Size 2.670 Acres

Acres 2.67

Property Sub-Type Single Family Residence

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.


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