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$1,325,000 -

876 N Raceway Road Indianapolis IN 46234

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
7.3
Acres

Welcome to a rare blend of country-in-the-city living, rental income, and future development potential. This 3 bedroom, 1.5 bath updated brick ranch offers nearly 1,500 square feet of living space and is currently tenant occupied, providing income for investors and future flexibility for owners. Adjacent to the ranch is a 1,600 square foot heated barn featuring 17-foot ceilings-ideal for a home based business, workshop, storage, or hobby use. Whether you're expanding your home construction or landscaping business, dreaming of a mini-farm, need space for animals or a garden, or are considering future redevelopment, this site offers exceptional possibilities. The property spans 7.29 acres with farmland views, all within the desirable Avon Community School district yet with an Indianapolis address. Conveniently located just minutes from I-465, Ronald Reagan Parkway, and Avon's growing retail corridor, it offers the perfect balance of space, schools, and accessibility. This offering is subject to a new combination of parcels and survey as well as tenant rights. Current zoning is residential. Enjoy the potential of this unique opportunity.

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Property Details

Price: $1,325,000 Previously: $1,325,000 Originally: $1,325,000 Bathrooms: 0.00 MLS #: 22033386 Township: Washington Type: Land Zip Code: 46234 City: Indianapolis Subdivision: No Subdivision County: Hendricks School District: Avon Community School Corp

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • Setting / Lot Description: Irregular Lot, Mature Trees, See Remarks
  • # Acres: 7.30
  • Sewer: Municipal Sewer Near, Septic Tank

Listing Office: Keller Williams Indy Metro Ne

Office Contact: sharonthompson@kw.com

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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 believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on April 29th, 2025 at 9:46am EDT.

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