868 North Raceway Road

Indianapolis, IN 46234

$2,000,000
Price
393,782 / 9.04
Lot Size / Acres

Description

Over 9 acres of commercial opportunity on high traffic road! Main home features beautiful sunroom/flex-room, 22' ceilings in great room, inground pool w/heater, finished basement w/kitchenette and egress windows, 3 beds, 4 baths, 3 car garage, Bose speakers installed throughout and everything needed to entertain inside or out. Rental home features 3 beds and 1.5 baths. Currently rented month to month @ $1350. 40x40 pole barn with 200 amp service. Keep the homes and build your business for additional...Over 9 acres of commercial opportunity on high traffic road! Main home features beautiful sunroom/flex-room, 22' ceilings in great room, inground pool w/heater, finished basement w/kitchenette and egress windows, 3 beds, 4 baths, 3 car garage, Bose speakers installed throughout and everything needed to entertain inside or out. Rental home features 3 beds and 1.5 baths. Currently rented month to month @ $1350. 40x40 pole barn with 200 amp service. Keep the homes and build your business for additional income or utilize the entire acreage for your business to come to life. Crop rights apply until next season. Seller will not divide. Please do not walk the property without scheduling a showing with a Realtor.
  1. Listed by Miranda Payne • Carpenter, REALTORS® • mpayne@callcarpenter.com

Property Details for 868 North Raceway Road

Architectural Style
TraditonalAmerican
Subdivision Name
No Subdivision
Township
Washington

Location

Listing Courtesy of Carpenter, REALTORS®
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LISTING UPDATED: 04/23/2024 05:51 PM

Property Details for 868 North Raceway Road

StatusActive
MLS #21950950
Days on Market182
Taxes$4,170 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeFarm / Residential
Year Built1993
Lot Size9.04 AC
CountyHendricks County

Location

Listing Courtesy of Carpenter, REALTORS®
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Building Information for 868 North Raceway Road

Building Size-Lot Size9.04 AC

Payment Calculator

$11,610 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$695

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 868 North Raceway Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Hendricks
  • Directions: Located on west side of Raceway Rd, between Rockville and 10th St.
  • Postal Code: 46234
  • Postal Code Plus4: 9213
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 320905200017000022
  • Semi Annual Property Tax Amt: 4170
  • Tax Year: 2022
  • TaxLot: 0
School Information
  • School District: Avon Community School Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 3.0
  • Garage SqFt: 750
Property
Lot Information
  • Acreage: 5-10 Acres
  • Lot Description: Access, Not In Subdivision, Rural - Not Subdivision
  • Lot Size Square Feet: 261360.0
  • Lot Size Acres: 9.04
  • Main Level SqFt: 2551
  • New Construction: False
  • Sqft Total: 2551.0
  • Sq Ft Total: 3665.0
  • Year Built Numeric: 1993
  • Below Grade Finished Area: 980.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Pt Ne Ne 5-15-2E 6.00Ac
  • Photos Count: 52
  • Property Attached: No
  • Property Sub Type: Farm
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Barn Mini, Barn Pole, Out Building With Utilities
  • Foundation Details: Concrete Perimeter, Partial
  • Pool Private: Yes
  • Pool Features: In Ground
  • Fencing: Partial
Interior Features
  • Accessibility Features: No
  • Appliances: Gas Cooktop, Gas Oven, Tankless Water Heater
  • Basement Description: Finished, Partial
  • Basement YN: Yes
  • Cooling: Central Electric
  • Eating Area: Formal Dining Room
  • Fireplace Features: Gas Log
  • Fireplaces Total: 1
  • Heating: Forced Air, Gas
  • Interior Features: Attic Access, Tray Ceiling(s), Vaulted Ceiling(s), Center Island, Paddle Fan, Surround Sound Wiring, Walk-in Closet(s)
  • Levels: One
  • Additional Equipment: Sump Pump
  • Room List: Primary Bedroom, Great Room, Kitchen, Play Room, Sun Room
  • Room and Features: Primary Bedroom-Main-Carpet, Great Room-Basement-Carpet, Kitchen-Main-Tile-Ceramic, Play Room-Basement-Tile-Ceramic, Sun Room-Main-Tile-Ceramic
  • Main Level Bedrooms: 3
  • Laundry Features: In Basement
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 2
Room Information
Room Information
  • Rooms MU: 9
  • Rooms Total MU: 9
  • Total Rooms: 11
Room 1
  • Room Level: Main
  • Room Dimensions: 15x19
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Basement
  • Room Dimensions: 16x20
  • Room Features: Carpet
  • Room Type: Great Room
Room 3
  • Room Level: Main
  • Room Dimensions: 16x21
  • Room Features: Tile-Ceramic
  • Room Type: Kitchen
Room 4
  • Room Level: Basement
  • Room Dimensions: 22x25
  • Room Features: Tile-Ceramic
  • Room Type: Play Room
Room 5
  • Room Level: Main
  • Room Dimensions: 15x19
  • Room Features: Tile-Ceramic
  • Room Type: Sun Room
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms Total Count: 4
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 1
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 868 North Raceway Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 868 North Raceway Road

Taxable ValueLand$57,500Additions$426,800Total$484,300
Tax Record2023$5,783 ($482 / month)
Home Facts
Beds2Baths2Total Finished SqFt2,551 SqFtAbove Grade Finished SqFt2,551 SqFtStories1Lot Size261,360 SqFtStyleSingle Family ResidenceYear Built1993Year Renovated1998CountyHENDRICKSAPN32-09-05-200-017.000-022Fireplace TypeHas Fireplace

Schools near 868 North Raceway Road

This home is within Avon Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - 5 to 6
Public - 6 to 8
Rating
School
Distance
White Oak Elementary School
PublicPK to 4

Maple Elementary School
PublicPK to 4

Avon Intermediate School East
Public5 to 6

Avon Middle School North
Public6 to 8

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

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868 North Raceway Road is a 9.04 ac of land for sale in Indianapolis, IN 46234. This property was listed for sale on October 30, 2023 by Carpenter, REALTORS®, it's currently listed at $2,000,000. This listing's school district is Avon Community School Corp. Nearby schools include White Oak Elementary School, Maple Elementary School and Avon Intermediate School East. 868 North Raceway Road is a 3-bed, 3-bath, 3,665 sqft 9.04 ac of land built in 1993 on a 393,782 sq. ft. / 9.04 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Carpenter, REALTORS®

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.