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ActivePrice cut: $251K (9/30)
$1,999,000
5beds
5,859sqft

720 E 400 N, Anderson, IN 46012

5beds
5,859sqft
Residential, Single Family Residence
Built in 1997
40 Acres Lot
$341/sqft

What's special

Panoramic viewsExpansive living spacesSoaring ceilingsWinding private drive

MAJOR PRICE IMPROVEMENT - A Rare Opportunity to Own a True Legacy Estate Ready for its next owner, this extraordinary private estate offers a rare combination of luxury, land, privacy, and lifestyle on 82.46 breathtaking acres in North Anderson. Inspired by the character of a Colorado mountain retreat and paired with modern luxury, this nearly 6,000-square-foot custom home delivers a setting rarely found in Central Indiana. A winding private drive leads to a residence designed to embrace both everyday living and unforgettable entertaining. Expansive living spaces, soaring ceilings, and walls of windows showcase picturesque views of the surrounding countryside, creating a natural connection between the home and the land beyond. The approximately 40-acre homesite provides an incredible private playground with room to create the lifestyle you've envisioned. Explore your property by ATV or snowmobile, ride horses, enjoy the trails, plan for a resort-style pool, or simply take in the privacy and tranquility that comes with owning acreage rather than neighbors. A large pole barn offers substantial space for equipment, recreational vehicles, hobbies, storage, or potential future equestrian use. The offering also includes two additional parcels of productive tillable farmland, bringing the total acreage to an impressive 82.46 acres and providing opportunities for agricultural income, future expansion, recreation, or long-term investment. With this major price improvement, the opportunity to make this exceptional property your own has never been more compelling. Whether you're looking for a private retreat, a recreational property, an investment opportunity, or a place to create a lasting family legacy, this estate offers possibilities that are difficult to replicate. This is more than a home, t's a destination. A place where mornings begin with panoramic views, afternoons are spent exploring your own private acreage, and evenings end beneath expanding skies.

106 days
684
35

Likely to sell faster than

Source: MIBOR as distributed by MLS GRID,MLS#: 22110134MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Daniel Hubbard dhubbard@locksteprealty.com,

eXp Realty LLC,

Alex Montagano

Source: MIBOR as distributed by MLS GRID,MLS#: 22110134MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2
Primary bedroom
  • Level: Main
  • Area: 168 Square Feet
  • Dimensions: 14x12
Bedroom 2
  • Level: Upper
  • Area: 306 Square Feet
  • Dimensions: 18x17
Bedroom 3
  • Level: Upper
  • Area: 168 Square Feet
  • Dimensions: 14x12
Bedroom 4
  • Features: Other
  • Level: Main
  • Area: 240 Square Feet
  • Dimensions: 20x12
Bedroom 5
  • Features: Other
  • Level: Basement
  • Area: 168 Square Feet
  • Dimensions: 14x12
Other
  • Features: Other
  • Level: Upper
  • Area: 168 Square Feet
  • Dimensions: 14x12
Bonus room
  • Features: Other
  • Level: Basement
  • Area: 81 Square Feet
  • Dimensions: 09x09
Breakfast room
  • Level: Main
  • Area: 132 Square Feet
  • Dimensions: 12x11
Dining room
  • Level: Main
  • Area: 204 Square Feet
  • Dimensions: 17x12
Family room
  • Level: Basement
  • Area: 288 Square Feet
  • Dimensions: 18x16
Foyer
  • Features: Tile-Ceramic
  • Level: Main
  • Area: 351 Square Feet
  • Dimensions: 27x13
Other
  • Level: Basement
  • Area: 391 Square Feet
  • Dimensions: 23x17
Kitchen
  • Level: Main
  • Area: 252 Square Feet
  • Dimensions: 21x12
Laundry
  • Level: Main
  • Area: 108 Square Feet
  • Dimensions: 12x09
Library
  • Level: Upper
  • Area: 240 Square Feet
  • Dimensions: 16x15
Living room
  • Level: Main
  • Area: 441 Square Feet
  • Dimensions: 21x21
Loft
  • Level: Upper
  • Area: 432 Square Feet
  • Dimensions: 27x16
Office
  • Level: Basement
  • Area: 255 Square Feet
  • Dimensions: 17x15
Sitting room
  • Level: Upper
  • Area: 240 Square Feet
  • Dimensions: 20x12
Utility room
  • Features: Other
  • Level: Basement
  • Area: 357 Square Feet
  • Dimensions: 21x17
Utility room
  • Features: Other
  • Level: Basement
  • Area: 207 Square Feet
  • Dimensions: 23x09
Heating
  • Zoned, Forced Air, Natural Gas
Cooling
  • Central Air, Dual
Appliances
  • Included: None
  • Laundry: Main Level
Features
  • Double Vanity, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), High Ceilings, Kitchen Island, Entrance Foyer, Ceiling Fan(s), High Speed Internet, Eat-in Kitchen, Wired for Data, Pantry, Smart Thermostat, Supplemental Storage, Wired for Sound, Walk-In Closet(s), Wet Bar
  • Windows: WoodWorkStain/Painted
  • Basement: Ceiling - 9+ feet,Daylight,Exterior Entry,Finished,Finished Ceiling,Finished Walls,Full,Storage Space,Walk-Out Access
  • Number of fireplaces: 2
  • Fireplace features: Basement, Gas Log
Interior area
  • Total structure area: 5,859
  • Total interior livable area: 5,859 sqft
  • Finished area below ground: 1,757

Property

Parking
  • Total spaces: 4
  • Parking features: Attached
  • Attached garage spaces: 4
  • Details: Garage Parking Other(Finished Garage, Service Door)
Features
  • Levels: Three Or More
  • Patio & porch: Covered
  • Has spa: Yes
  • Spa features: Fiberglass
  • Fencing: Fenced,Partial,Gate
  • Has view: Yes
  • View description: Trees/Woods
Lot
  • Size: 40 Acres
  • Features: Mature Trees, Trees-Small (Under 20 Ft), Wooded
Details
  • Additional structures: Barn Pole
  • Additional parcels included: 480730100003.000029, 480719300017.000029
  • Parcel number: 480719400009000029
  • Horse amenities: Boarding Facilities, Stable(s)

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subtype: Residential, Single Family Residence
Materials
  • Stone
  • Foundation: Concrete Perimeter
Condition
  • New construction: No
  • Year built: 1997

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: $341/sqft
  • Tax assessed value: $657,500
  • Annual tax amount: $13,194
  • Date on market: 6/26/2026
  • Cumulative days on market: 108 days

Price history

DateEventPrice
9/30/2026Price change$1,999,000-11.2%$341/sqft
Source: MIBOR as distributed by MLS GRID #22110134 Report a problem
6/26/2026Listed for sale$2,250,000-5.3%
Source: IRMLS #202625336 Report a problem
3/28/2026Listing removed$2,375,000$405/sqft
Source: MIBOR as distributed by MLS GRID #22012709 Report a problem
8/30/2025Price change$2,375,000-7.2%$405/sqft
Source: MIBOR as distributed by MLS GRID #22012709 Report a problem
7/29/2025Price change$2,559,000-3.4%$437/sqft
Source: MIBOR as distributed by MLS GRID #22012709 Report a problem
5/23/2025Price change$2,649,000-11.4%$452/sqft
Source: MIBOR as distributed by MLS GRID #22012709 Report a problem
12/31/2024Price change$2,989,000-10.8%$510/sqft
Source: MIBOR as distributed by MLS GRID #22012709 Report a problem
12/2/2024Listed for sale$3,350,000+1240%$572/sqft
Source: MIBOR as distributed by MLS GRID #22012709 Report a problem
2/17/2022Sold$250,000$43/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$13,194 +9%$657,500 +10.7%
2024$12,102 +78.4%$593,700 +10.6%
2023$6,784 +10.4%$537,000 +0.5%
2022$6,143 +7.4%$534,200 +11%
2021$5,722 -0.3%$481,300 +6.8%
2020$5,738 -40.5%$450,700 +2%
2019$9,635 -45.9%$441,800 +6.3%
2018$17,804 +38.9%$415,700 +0.8%
2017$12,813 +54.4%$412,400 +0.4%
2016$8,298 +6%$410,600 +5.1%
2014$7,829 -3.3%$390,700 -3%
2013$8,095 +73.5%$402,900 +1.3%
2012$4,665 $397,800 -17.8%
2011-- $483,900 -5%
2010$5,921 +1.6%$509,400 +1.9%
2009$5,827 $500,100 +2.3%
2006-- $488,700 +1.4%
2005-- $482,100
Find assessor info on the county website

Monthly payment

Est. payment
$11,575/mo
Principal & interest
$10309
Property taxes
$1266
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 46012

Nearby schools

Eastside Elementary School
Grades K-5 • 2.8 miles
4/10
GreatSchools® Rating
Test Score Rating
4/10
Academic Progress Rating
4/10
Highland Jr High School
Grades 7-8 • 2.4 miles
5/10
GreatSchools® Rating
Test Score Rating
3/10
Academic Progress Rating
6/10
Anderson High School
Grades 9-12 • 7.1 miles
3/10
GreatSchools® Rating
College Readiness Rating
3/10