3,276,583 / 75.22
Lot Size / Acres

Description

Equestrian Property on 75+ Acres - A Rare Opportunity in the Heart of the Countryside Welcome to your dream equestrian property, perfectly nestled on 75.22 acres of pristine pastureland. This extraordinary estate offers an unmatched blend of residential comfort and agricultural functionality, making it an ideal haven for horse enthusiasts, trainers, breeders, or those seeking the peaceful charm of country living. The 2,301 sq ft ranch-style home is both spacious and inviting, featuring 4 generously...Equestrian Property on 75+ Acres - A Rare Opportunity in the Heart of the Countryside Welcome to your dream equestrian property, perfectly nestled on 75.22 acres of pristine pastureland. This extraordinary estate offers an unmatched blend of residential comfort and agricultural functionality, making it an ideal haven for horse enthusiasts, trainers, breeders, or those seeking the peaceful charm of country living. The 2,301 sq ft ranch-style home is both spacious and inviting, featuring 4 generously sized bedrooms and 2 full bathrooms, a bright open layout, and a cozy stone fireplace. Step out to enjoy the serene backyard complete with a deck and above-ground pool - the perfect setting for relaxation after a long day on the farm. For the equestrian professional or hobbyist, the property is outfitted with premium facilities including: Barns with 34 stalls, Boarding facilities, Wash rack and tack areas, Corral pens and fenced paddocks, Covered hay storage, Pasture space for grazing, Trailer and equipment storage, rain or exercise track. The property has 7 dry lots on the land, approximately 20 acres for hay and alfalfa, and currently 12 acres are fenced off for cattle. Whether you're running a boarding business, training facility, or simply living your rural dream, this turnkey operation is ready for you. With gently rolling pastures, mature trees, and wide-open skies, every acre is both functional and scenic. Conveniently located yet blissfully private, this is a once-in-a-lifetime opportunity to own an exceptional agricultural estate with all the space and infrastructure you need - and all the charm you want.
  1. Listed by Vincent Ferguson • Mark Dietel Realty, LLC
  2. Listed by Mark Dietel • Mark Dietel Realty, LLC

Property Details for 432 500 North

Architectural Style
Ranch
Subdivision Name
106 North
Township
Lafayette
LISTING UPDATED: 12/16/2025 05:28 PM

Property Details for 432 500 North

StatusActive
MLS #22053687
Days on Market170
Taxes$3,596 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeFarm / Residential
Year Built1975
Lot Size75.22 AC
CountyMadison County

Location

Listing Courtesy of Mark Dietel Realty, LLC
Add your commute

Building Information for 432 500 North

Building Size-Lot Size75.22 AC

Payment Calculator

$9,616 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,017

Property Taxes

$599

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 432 500 North

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46012
  • Postal Code Plus4: 9500
  • State Or Province: IN
  • View: Pasture
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 480813400009000017
  • Semi Annual Property Tax Amt: 3596
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 1
  • Tax Block: 13
School Information
  • Middle Or Junior School: Lapel Middle School
  • School District: Frankton-Lapel Community Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 696
Virtual Tour
Property
Lot Information
  • Acreage: >20 Acres
  • Lot Description: Rural - Not Subdivision
  • Lot Size Square Feet: 3276496.0
  • Lot Size Acres: 75.22
  • Main Level SqFt: 2301
  • New Construction: False
  • Other Structures: Outbuilding
  • Living SqFt: 0.0
  • Sqft Total: 2301.0
  • Sq Ft Total: 2301.0
  • Year Built Numeric: 1975
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: W2 Se 75.2180Acres Str: 13207 Section: Plat: 00 In: Out:
  • Photos Count: 67
  • Property Attached: No
  • Property Sub Type: Farm
  • Property Type: Residential
  • Transaction Type: Sale
  • Web Link: markdietel.com
Utilities
  • Electric: 200+ Amp Service
  • Solid Waste: No
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Barn Pole, Storage
  • Foundation Details: Poured Concrete
  • Horse Amenities: None, Barn, Corral(s), Hay Storage, Paddocks, Pasture, Riding Trail, Stable(s), Tack Room, Trailer Storage, Wash Rack
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, MicroHood, Electric Oven, Refrigerator
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Breakfast Room
  • Fireplace Features: Insert
  • Fireplaces Total: 1
  • Heating: Electric, Forced Air
  • Interior Features: Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Pantry, Smart Thermostat, Walk-In Closet(s), Wood Work Painted
  • Levels: One
  • Room List: Living Room, Dining Room, Kitchen, Laundry, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Office, Breakfast Room
  • Room and Features: Living Room-Main, Dining Room-Main, Kitchen-Main, Laundry-Main, Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Main, Bedroom 4-Main, Office-Main, Breakfast Room-Main
  • Main Level Bedrooms: 4
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 10
  • Rooms Total MU: 10
  • Total Rooms: 10
Room 1
  • Room Level: Main
  • Room Dimensions: 19x15
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 20x12
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 18x10
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 8x8
  • Room Type: Laundry
Room 5
  • Room Level: Main
  • Room Dimensions: 15x12
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Main
  • Room Dimensions: 13x11
  • Room Type: Bedroom 2
Room 7
  • Room Level: Main
  • Room Dimensions: 13x12
  • Room Type: Bedroom 3
Room 8
  • Room Level: Main
  • Room Dimensions: 13X10
  • Room Type: Bedroom 4
Room 9
  • Room Level: Main
  • Room Dimensions: 15x13
  • Room Type: Office
Room 10
  • Room Level: Main
  • Room Dimensions: 10X10
  • Room Type: Breakfast Room
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 3
  • Full Baths MU: 3
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 4
  • Bedrooms MU: 4
  • Bedrooms Total: 4

Property History for 432 500 North

DateEvent & SourcePriceAppreciation
Sep 8, 2025

Price Change

MIBORMLS #22053687

$1,850,000—
Aug 1, 2025

Listed (Active)

MIBORMLS #22053687

$1,950,000—
Apr 13, 2006

Sold

MIBORMLS #2550143

$465,000—
Mar 18, 2006

Pending

MIBORMLS #2550143

—
Aug 9, 2005

Listed (Active)

MIBORMLS #2550143

$494,900—
DateEvent & SourcePrice
09/08/2025

Price Change

MIBORMLS #22053687

$1,850,000
08/01/2025

Listed (Active)

MIBORMLS #22053687

$1,950,000
04/13/2006

Sold

MIBORMLS #2550143

$465,000
03/18/2006

Pending

MIBORMLS #2550143

—
08/09/2005

Listed (Active)

MIBORMLS #2550143

$494,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 432 500 North

Taxable ValueLand$197,500Additions$329,300Total$526,800
Tax Record2024$7,192 ($599 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,301 SqFtAbove Grade Finished SqFt2,301 SqFtStories1Lot Size3,276,496 SqFtStyleMiscellaneous ResidentialYear Built1975CountyMADISONAPN48-08-13-400-009.000-017Fireplace TypeHas Fireplace

Schools near 432 500 North

This home is within Frankton-Lapel Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Frankton Elementary School
PublicPK to 6

Frankton Jr-Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

432 500 North is a 75.22 ac of land for sale in Anderson, IN 46012. This property was listed for sale on August 1, 2025 by Mark Dietel Realty, LLC, it's currently listed at $1,850,000. It has been on the market for a total of 170 days and was last sold on April 13, 2006. This listing's school district is Frankton-Lapel Community Schools. Nearby schools include Frankton Elementary School and Frankton Jr-Sr High School. 432 500 North is a 4-bed, 3-bath, 2,301 sqft 75.22 ac of land built in 1975 on a 3,276,583 sq. ft. / 75.22 acres lot.

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Listing Courtesy of Mark Dietel Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/18/2026 03:32 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.