# 5116 N Raceway Road, Indianapolis, IN 46234

> **TL;DR:** 3bd/2ba single family, $399,000 ($342/sqft), built 1957, 1,166 sqft. Est. $1,729/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $399,000 |
| Price/sqft | $342 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,166 |
| Year Built | 1957 |
| Lot Size | 116,305 sqft (2.67 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,729 |
| **Total** | **$1,729** |

## Property Highlights

- Built in 1957
- 2.67 acre lot

## Description

### Agent 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. 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.

## Location

- **Address:** 5116 N Raceway Road, Indianapolis, IN 46234
- **County:** Hendricks
- **Neighborhood:** Metes & Bounds
- **Coordinates:** 39.843403, -86.328018
- **Google Maps:** https://www.google.com/maps?q=39.843403,-86.328018

## Listing Agent

- **Name:** Josh Latham
- **Brokerage:** RE/MAX Advanced Realty
- **Phone:** 3172980961
- **Email:** josh.latham@indyhomepros.com

## Primary Photo

![5116 N Raceway Road - Primary Photo](http://lh.rdcpix.com/253ef42ddb07fbb1d7c26b35bd3e36d1l-f2546826693r.jpg)

*62 total photos available on [listing page](https://www.propertysimple.com/listing/5116-n-raceway-road-indianapolis-in-46234-22105869)*

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**MLS#:** 22105869 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5116-n-raceway-road-indianapolis-in-46234-22105869)

---

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