5479 S 200 E, Anderson, IN, 46017
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1929
Materials
- Foundation: Block
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Farm
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Disposal,Gas Water Heater,MicroHood,Electric Oven,Refrigerator,Washer,Water Softener Owned
- Laundry features: Main Level
Bedroom2
- Level: Upper
- Area: 180
- Dimensions: 15x12
Bedroom3
- Level: Upper
- Area: 208
- Dimensions: 16x13
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 195
- Dimensions: 15x13
Features
- Attic Access
- Number of fireplaces: 1
- Fireplace features: Family Room,Gas Log,Masonry
- Fireplace: Yes
- Attic: Access Only
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,770
- Total interior livable area: 2,770 sqft
Kitchen
- Level: Main
- Area: 165
- Dimensions: 15x11
Laundry
- Level: Main
- Area: 77
- Dimensions: 11x7
Living Room
- Level: Main
- Area: 256
- Dimensions: 16x16
Master Bedroom
- Level: Main
- Area: 195
- Dimensions: 15x13
Property
Details
- Parcel number: 481308100016000001
- Horse amenities: None,Arena,Boarding Facilities,Corral(s),Hay Storage,Paddocks,Pasture,Stable(s),Tack Room,Trailer Storage
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered,Wrap Around
- Fencing: Fenced,Fence Complete,Perimeter,Split Rail
Lot
- Lot size: 35.52 Acres
- Features: Rural - Not Subdivision,Mature Trees
Parking
- Total spaces: 3
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,090 | $97,080 |
| Home Insurance * | $1,439 | $17,268 |
| Property Taxes | $1,771 | $21,252 |
| Electricity | $253 | $3,047 |
| Total | $11,553 | $138,636 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-06 | Price change | $1,600,000 |
| 2025-09-03 | Price change | $1,899,900 |
| 2025-07-18 | Listed for sale | $1,999,900 |
| 2025-02-13 | Sold | $800,000 |
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