5116 N Raceway Rd

1,166 Sq. Ft.
$342 / Sq. Ft.
1,166
Sq. Ft.
$342
per Sq. Ft.

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....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.
  1. Listed by Josh Latham • RE/MAX Advanced Realty
    P: (317)-298-0961 C: (317)-989-7465 josh.latham@indyhomepros.com

Property Details for 5116 North Raceway Road

Architectural Style
Ranch
Subdivision Name
Metes & Bounds
Township
Lincoln
Waterfront
No
LISTING UPDATED: 06/05/2026 06:21 PM

Property Details for 5116 North Raceway Road

StatusActive
MLS #22105869
Days on Market10
Taxes$909 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1957
Lot Size2.67 AC / 116,305 SF
CountyHendricks County

Location

Listing Courtesy of RE/MAX Advanced Realty
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Building Information for 5116 North Raceway Road

Stories-Year Built1957Building Size-Lot Size2.67 AC / 116,305 SF

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Principal and Interest

$1,988

Property Taxes

$152

HOA Dues

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Property Information for 5116 North Raceway Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Hendricks
  • Directions: GPS Friendly
  • Postal Code: 46234
  • Postal Code Plus4: 3126
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 320808400004000015
  • Semi Annual Property Tax Amt: 909
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2025
  • TaxLot: 8
School Information
  • School District: Brownsburg Community School Corp
Parking
  • Garage YN: Yes
  • Garage Parking Other: Garage Door Opener
  • Garage Spaces: 2.0
  • Garage SqFt: 624
Property
Lot Information
  • Acreage: 1-3 Acres
  • Lot Description: Not In Subdivision, Mature Trees, See Remarks
  • Lot Size Square Feet: 116305.0
  • Lot Size Acres: 2.67
  • Main Level SqFt: 1166
  • New Construction: False
  • Other Structures: Outbuilding
  • Living SqFt: 0.0
  • Sqft Total: 1166.0
  • Sq Ft Total: 1166.0
  • Year Built Numeric: 1957
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Pt Ne Se 8-16-2E 2.67Ac
  • Photos Count: 62
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Utilities
  • Electric: 200+ Amp Service
  • Solid Waste: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl With Stone
  • Exterior Features: Storage, Storage Shed, Other
  • Foundation Details: Block
  • Pool Private: No
  • Horse Amenities: Arena, Barn, Corral(s), Hay Storage, Pasture, Tack Room
  • Fencing: Fence Complete, Gate, Perimeter, Split Rail
Interior Features
  • Accessibility Features: No
  • Appliances: Gas Water Heater, MicroHood, Electric Oven, Refrigerator
  • Areas Interior: Laundry in Garage
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Formal Dining Room
  • Fireplaces Total: 0
  • Heating: Forced Air, Natural Gas
  • Interior Features: Hardwood Floors, Eat-in Kitchen
  • Levels: One
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: None
  • Room List: Kitchen, Bedroom 2, Bedroom 3, Living Room, Dining Room, Primary Bedroom
  • Room and Features: Kitchen-Main-Tile-Ceramic, Bedroom 2-Main, Bedroom 3-Main, Living Room-Main, Dining Room-Main, Primary Bedroom-Main
  • Spa: No
  • Main Level Bedrooms: 3
  • Laundry Features: Connections All
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 7
  • Rooms Total MU: 7
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 8x14
  • Room Features: Tile-Ceramic
  • Room Type: Kitchen
Room 2
  • Room Level: Main
  • Room Dimensions: 11x10
  • Room Type: Bedroom 2
Room 3
  • Room Level: Main
  • Room Dimensions: 10x12
  • Room Type: Bedroom 3
Room 4
  • Room Level: Main
  • Room Dimensions: 11x12
  • Room Type: Living Room
Room 5
  • Room Level: Main
  • Room Dimensions: 7x8
  • Room Type: Dining Room
Room 6
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Type: Primary Bedroom
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 5116 North Raceway Road

DateEvent & SourcePriceAppreciation
Jun 5, 2026

Listed (Active)

MIBORMLS #22105869

$399,000—
Sep 30, 2020

Sold (Public Record)

Public Record #1416058692

$145,000—
Sep 30, 2020

Sold

MIBORMLS #21731924

$145,000—
DateEvent & SourcePrice
06/05/2026

Listed (Active)

MIBORMLS #22105869

$399,000
09/30/2020

Sold (Public Record)

Public Record #1416058692

$145,000
09/30/2020

Sold

MIBORMLS #21731924

$145,000

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

Public Records for 5116 North Raceway Road

Taxable ValueLand$60,200Additions$148,100Total$208,300
Tax Record2025$1,817 ($151 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,166 SqFtAbove Grade Finished SqFt1,166 SqFtStories1Lot Size116,305 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated1970CountyHENDRICKSAPN32-08-08-400-004.000-015

Schools near 5116 North Raceway Road

This home is within Brownsburg Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Reagan Elementary
PublicK to 5

Brownsburg East Middle School
Public6 to 8

Brownsburg High School
Public9 to 12

Crossroads Elementary School
PublicK to 5

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

5116 North Raceway Road is a single family home for sale in Indianapolis, IN 46234. This property was listed for sale on June 5, 2026 by RE/MAX Advanced Realty, it's currently listed at $399,000. It has been on the market for a total of 10 days and was last sold on September 30, 2020. This listing's school district is Brownsburg Community Sch Corp. Nearby schools include Reagan Elementary, Brownsburg East Middle School and Brownsburg High School. 5116 North Raceway Road is a 3-bed, 2-bath, 1,166 sqft single family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Advanced Realty

Based on information submitted to the MLS GRID as of 06/05/2026 06:21 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.