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Sold
    • $340,000

    5116 N Raceway Rd, Indianapolis, IN 46234

    3beds
    1,166sqft
    Residential, Single Family Residence
    Built in 1957
    2.67 Acres Lot
    $343,100 Zestimate®
    $292/sqft
    $1,752 Estimated rent

    Home value

    $343,100

    $326,000 - $360,000

    $1,752/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Latham 317-989-7465,

    RE/MAX Advanced Realty

    Bought with:

    Maria Castano

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22105869MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 3
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Other
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Dining room
    • Level: Main
    • Area: 56 Square Feet
    • Dimensions: 7x8
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 112 Square Feet
    • Dimensions: 8x14
    Living room
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, MicroHood, Electric Oven, Refrigerator
    • Laundry: Connections All
    Features
    • Eat-in Kitchen
    • Has basement: No
    Interior area
    • Total structure area: 1,166
    • Total interior livable area: 1,166 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    • Details: Garage Parking Other(Garage Door Opener)
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Storage, Other
    • Fencing: Fenced,Fence Complete,Gate,Perimeter,Split Rail
    Lot
    • Size: 2.67 Acres
    • Features: Not In Subdivision, Mature Trees, See Remarks
    Details
    • Additional structures: Storage
    • Parcel number: 320808400004000015
    • Horse amenities: Arena, Barn, Corral(s), Hay Storage, Pasture, Tack Room

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl With Stone
    • Foundation: Block
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Private

    Community & HOA

    Community
    • Subdivision: Metes & Bounds
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $292/sqft
    • Tax assessed value: $208,300
    • Annual tax amount: $1,818
    • Date on market: 6/5/2026
    • Cumulative days on market: 58 days

    Price history

    DateEventPrice
    8/28/2026Sold$340,000-2.8%$292/sqft
    Source: MIBOR as distributed by MLS GRID #22105869 Report a problem
    8/3/2026Pending sale$349,900$300/sqft
    Source: MIBOR as distributed by MLS GRID #22105869 Report a problem
    7/9/2026Price change$349,900-6.7%$300/sqft
    Source: MIBOR as distributed by MLS GRID #22105869 Report a problem
    6/25/2026Price change$374,900-2.6%$322/sqft
    Source: MIBOR as distributed by MLS GRID #22105869 Report a problem
    6/19/2026Price change$384,900-3.5%$330/sqft
    Source: MIBOR as distributed by MLS GRID #22105869 Report a problem
    6/5/2026Listed for sale$399,000+175.2%$342/sqft
    Source: MIBOR as distributed by MLS GRID #22105869 Report a problem
    9/30/2020Sold$145,000-21.6%$124/sqft
    Source: MIBOR as distributed by MLS GRID #21731924 Report a problem
    9/15/2020Pending sale$185,000$159/sqft
    Source: Carpenter Realtors, Inc. #21731924 Report a problem
    9/12/2020Price change$185,000-7.3%$159/sqft
    Source: Carpenter Realtors, Inc. #21731924 Report a problem
    8/14/2020Listed for sale$199,500$171/sqft
    Source: Carpenter, REALTORS� #21731924 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,957 -6.1%$208,300 +4.2%
    2024$2,083 +4.8%$200,000 -1%
    2023$1,988 +11.9%$202,000 +5.3%
    2022$1,777 +3.3%$191,900 +11.5%
    2021$1,721 -42.2%$172,100 +3.5%
    2020$2,979 +2.6%$166,200 +12.5%
    2019$2,902 +0.7%$147,700 +2.8%
    2018$2,883 +1.4%$143,700 +0.8%
    2017$2,843 +195.6%$142,500 +1.4%
    2016$962 +1.5%$140,500 +11.2%
    2014$948 -0.1%$126,300 +4.9%
    2013$948 -5.6%$120,400 -3.7%
    2011$1,004 +2.4%$125,000
    2010$981 +2.5%$125,000
    2009$957 +7.4%$125,000 +11.7%
    2007$891 +0.1%$111,880 +15.3%
    2006$890 $97,000
    2005-- $97,000
    Find assessor info on the county website

    Neighborhood: Eagle Creek

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    Estimated market value
    $343,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $343,100

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