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$399,000
New Listing

5116 N Raceway Road
Indianapolis, IN 46234

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,166
SqFt
$342
/SqFt
1957
Built
Subdivision:
Metes & Bounds
County:
Hendricks
Listing courtesy of RE/MAX Advanced Realty (317) 989-7465

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317-650-3572
5116 N Raceway Road5116 N Raceway Road5116 N Raceway Road5116 N Raceway Road
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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.

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Listing Snapshot
Price 
$399,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
1,166 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
2.67 Acres
Year Built 
1957
MLS® Number 
22105869
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
23 hours agoListing first seen on site
23 hours agoListing updated with changes from the MLS®
General Features
Acres 
2.67
Direction Faces 
East
Foundation 
Block
Garage 
Yes
Garage Spaces 
2
Levels 
One
Parking 
Garage Door OpenerAttached
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
SqFt Total 
1166
Style 
Ranch
Utilities 
Natural Gas Connected
Water Source 
Private
Interior Features
Appliances 
Gas Water HeaterElectric OvenRefrigerator
Cooling 
Central Air
Electric 
200+ Amp Service
Flooring 
Hardwood
Heating 
Forced AirNatural Gas
Interior 
Eat-in Kitchen
Main Level Bedrooms 
3
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Exterior Features
Construction Details 
Vinyl Siding
Exterior 
StorageOther
Fencing 
FencedGatePerimeterSplit Rail
Lot Features 
See Remarks
Other Structures 
Barn(s)Outbuilding
Patio And Porch 
Patio
Community Features
Horse Property 
ArenaBarnCorral(s)Hay StoragePastureTack Room
MLS Area 
3203 - Hendricks - Lincoln
School District 
Brownsburg Community School Corp
Township 
Lincoln
Schools
School District
Brownsburg Community School Corp
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of RE/MAX Advanced Realty (317) 989-7465



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-06-06 07:12 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

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