876 N Raceway Road Indianapolis, IN 46234
Listing Courtesy of: MIBOR / Keller Williams Indy Metro Ne - Contact:  sharonthompson@kw.com

  876 N Raceway Road Indianapolis, IN 46234

Active (13 Days)
$1,325,000

Description

Welcome to a rare blend of country-in-the-city living, rental income, and future development potential. This 3 bedroom, 1.5 bath updated brick ranch offers nearly 1,500 square feet of living space and is currently tenant occupied, providing income for investors and future flexibility for owners. Adjacent to the ranch is a 1,600 square foot heated barn featuring 17-foot ceilings-ideal for a home based business, workshop, storage, or hobby use. Whether you're expanding your home construction or landscaping business, dreaming of a mini-farm, need space for animals or a garden, or are considering future redevelopment, this site offers exceptional possibilities. The property spans 7.29 acres with farmland views, all within the desirable Avon Community School district yet with an Indianapolis address. Conveniently located just minutes from I-465, Ronald Reagan Parkway, and Avon's growing retail corridor, it offers the perfect balance of space, schools, and accessibility. This offering is subject to a new combination of parcels and survey as well as tenant rights. Current zoning is residential. Enjoy the potential of this unique opportunity.

MLS #:
22033386
Taxes
$2,000(2023)
Lot Size
7.3 acres
Type
Land
School District
Avon Community School Corp
County
Hendricks County
Community
Washington

Listed By

Sharon Stamper Thompson, Keller Williams Indy Metro Ne, Contact: sharonthompson@kw.com
Source
MIBOR
Last checked Apr 28 2025 at 5:50 AM GMT+0000
Bathroom Details
Subdivision
  • No Subdivision
Lot Information
  • City
  • Mature Trees
Property Features
  • Level
Utility Information
  • Utilities: Municipal Water on Site
  • Sewer: Municipal Sewer Near, Septic Tank
Additional Information: Keller Williams Indy Metro Ne | sharonthompson@kw.com
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Estimated Monthly Mortgage Payment

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Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 7/20/23 06:55