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
- 353 days |
- 440 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Wes Johnston 317-223-3182,
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22051217
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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: 345 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: | ||
| 9/3/2025 | Price change | $1,899,900-5%$686/sqft |
Source: | ||
| 7/18/2025 | Listed for sale | $1,999,900+150%$722/sqft |
Source: | ||
| 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 | -- | $477,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 46017
Nearby schools
GreatSchools rating
- 7/10East Elementary SchoolGrades: K-6Distance: 2 mi
- 6/10Pendleton Heights Middle SchoolGrades: 7-8Distance: 5.4 mi
- 9/10Pendleton 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Madison County
- Anderson
- 46017
- 5479 S 200 E



