Equestrian Training Facility with Custom Home on 35.5 Acres - 5479 S 200 E, Anderson, IN Discover a unique opportunity in Madison County-an exceptional horse racing training facility paired with a beautifully crafted residence, all set on 35.5 acres. This turnkey equestrian property includes a full-size training race track with a small pond at its center, 12 fenced paddocks, and three outbuildings-all with power and water. Two massive stable barns, each 40'x216', offer 30 stalls apiece (60 total), ideal for housing and training standardbred horses. A 2,300 sq ft barn provides additional storage, equipment, or feed space. The residence offers comfort and style with four spacious bedrooms and a main-level layout designed for ease of living. The family room features vaulted ceilings with rustic wood beams and a cozy fireplace, creating a warm and inviting atmosphere. The kitchen boasts solid-surface counters, shaker cabinetry, a peninsula, and bar seating-perfect for casual dining or entertaining. The primary suite includes a private bath with a walk-in shower and large whirlpool tub. Three of the bedrooms have walk-in closets, and a main-level laundry room adds convenience. Enjoy evenings on the patio or around the fire pit, taking in the peaceful rural setting. Whether you're a professional trainer, breeder, or simply a horse enthusiast, this property offers the space, facilities, and lifestyle to match your passion. Just minutes from I-69 and the Anderson Racetrack and Casino, this one-of-a-kind estate blends country living with equestrian excellence.
Active
$1,600,000
5479 S 200 E, Anderson, IN 46017
4beds
2,770sqft
Residential, Farm
Built in 1929
35.52 Acres Lot
$-- Zestimate®
$578/sqft
$-- HOA
What's special
Three outbuildingsCozy fireplaceWalk-in closetsPeaceful rural settingTraining race trackMassive stable barnsSolid-surface counters
- 401 days |
- 417 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Wes Johnston 317-223-3182,
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22051217
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 2
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 3
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 16x13
Dining room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Kitchen
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Laundry
- Level: Main
- Area: 77 Square Feet
- Dimensions: 11x7
Living room
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16x16
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer, Water Softener Owned
- Laundry: Main Level
Features
- Attic Access
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas Log, Masonry
Interior area
- Total structure area: 2,770
- Total interior livable area: 2,770 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Parking Other(Finished Garage, Garage Door Opener)
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered, Wrap Around
- Fencing: Fenced,Fence Complete,Perimeter,Split Rail
Lot
- Size: 35.52 Acres
- Features: Rural - Not Subdivision, Mature Trees
Details
- Additional structures: Barn Pole
- Parcel number: 481308100016000001
- Wooded area: 0
- Horse amenities: None, Arena, Boarding Facilities, Corral(s), Hay Storage, Paddocks, Pasture, Stable(s), Tack Room, Trailer Storage
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Farm
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Septic Tank
- Water: Well, Private
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Anderson
Financial & listing details
- Price per square foot: $578/sqft
- Tax assessed value: $518,900
- Annual tax amount: $7,120
- Date on market: 7/18/2025
- Cumulative days on market: 396 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Price change | $1,600,000-15.8%$578/sqft |
Source:  MIBOR as distributed by MLS GRID #22051217 Report a problem | ||
| 9/3/2025 | Price change | $1,899,900-5%$686/sqft |
Source: MIBOR as distributed by MLS GRID #22051217 Report a problem | ||
| 7/18/2025 | Listed for sale | $1,999,900+150%$722/sqft |
Source: MIBOR as distributed by MLS GRID #22051217 Report a problem | ||
| 2/13/2025 | Sold | $800,000$289/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,121 -10.5% | $518,900 +20.2% |
| 2024 | $7,953 -1.2% | $431,700 +9.4% |
| 2023 | $8,053 +2.5% | $394,500 -2.9% |
| 2022 | $7,860 +0% | $406,100 +6.8% |
| 2021 | $7,857 +0.5% | $380,400 +3.8% |
| 2020 | $7,821 -2.2% | $366,600 +2.1% |
| 2019 | $7,993 -1.8% | $359,000 -0.9% |
| 2018 | $8,139 -10.1% | $362,100 +2.3% |
| 2017 | $9,057 -5.1% | $353,800 -11% |
| 2016 | $9,540 +6.6% | $397,500 +0.2% |
| 2014 | $8,947 +6.7% | $396,700 +6.1% |
| 2013 | $8,385 -10.4% | $373,900 -2.6% |
| 2012 | $9,357 | $383,900 -20.6% |
| 2011 | -- | $483,400 +2.7% |
| 2010 | $11,126 -3.9% | $470,800 -6.8% |
| 2009 | $11,578 | $505,000 +4.1% |
| 2006 | -- | $485,200 +1.6% |
| 2005 | -- | $477,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46017
Nearby schools
GreatSchools rating
- 8/10East Elementary SchoolGrades: K-6Distance: 2 mi
- 8/10Pendleton Heights Middle SchoolGrades: 7-8Distance: 5.4 mi
- 10/10Pendleton Heights High SchoolGrades: 9-12Distance: 5.7 mi
Schools provided by the listing agent
- Middle: Pendleton Heights Middle School
- High: Pendleton Heights High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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