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About This Home
This 3-bedroom, 2-bathroom single family at 5116 N Raceway Road in Indianapolis, IN is listed for $399,000 ($342 per sqft). Built in 1957, the home offers 1,166 sqft of living space on a 2.67 acres lot.
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.
Key Features
- Built in 1957
- 2.67 acre lot
Property Details
Monthly Cost Estimate
$2,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5116 N Raceway Road
Indianapolis, IN 46234
Metes & Bounds
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 5116 N Raceway Road is listed at $399,000 ($342/sqft). The estimated monthly payment is $1,729 based on 20% down at 6.5% interest.
Key features include: Built in 1957, 2.67 acre lot. Interior Features: Hardwood Floors, Eat-in Kitchen. Exterior Features: Fencing, Storage, Storage Shed.
This property is listed by Josh Latham and can be reached at 3172980961 or josh.latham@indyhomepros.com.








