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5434 N Michigan Road

Fairland, IN 46126
  • $799,900
  • STATUS: Active
  • ON SITE: 205 Days
  • MLS #: 21936872
UPDATED: 18 min ago
$799,900
  • 3
    BEDS
  • 10
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,000
    SQFT
  • $800
    $/SQFT
Neighborhood:
Type:
Farm
Built:
1971
County:

School Information

Description

Opportunities like this are few and far between! Nestled on 10 acres of prime land, a mere mile from the renowned Horseshoe Casino, this remarkable equine paradise presents a great investment opportunity. Starting with the 3-bedroom, 2-bathroom home complete with a garage, all meticulously maintained and ready for you to move in. Stepping out to the patio, there is a great view of the stables and the fields. There are a total of 14 stalls on the property, 3 of which are specialized foaling stalls for ensuring the safety and care of newborn foals. The main barn presents optimal functionality with 10 stalls and doors on all four sides. This open, airy ambiance provides ventilation and comfort for animals. The smaller barn contains 4 additional stalls and water. This property is more than just a residence; it's a hub of equestrian excellence. Hosting champion horses during race events, the facilities have a proven track record of safety and security. This equine haven offers an enticing investment prospect, generating a substantial monthly income of $5,700 and nearly $70,000 annually. Located just outside the vibrant city of Indianapolis, the property has the serene countryside atmosphere while remaining conveniently connected to the hustle and bustle via nearby I-74. *Property shown by appointment only to pre-qualified buyers.

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© 2024 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2024-03-01T18:25:31.147. 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.
Click here for MLS GRID DMCA Notice
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5434 N Michigan Road Fairland, IN 46126

  • Price: $799,900
  • Status: Active
  • On Site: 205 Days
  • Updated: 18 min ago
  • MLS #: 21936872
3
Beds
2
Baths
0
½ Baths
10
Acres
1,000
SQFT
$800
$/SQFT
1971
Built
Neighborhood:
No Subdivision
County:
Shelby
Area:
7306 - Shelby - Brandywine
Elementary School:
Triton Central Elementary School
Middle School:
Triton Central Middle School
High School:
Triton Central High School
School District:
Northwestern Consolidated
Property Description
Opportunities like this are few and far between! Nestled on 10 acres of prime land, a mere mile from the renowned Horseshoe Casino, this remarkable equine paradise presents a great investment opportunity. Starting with the 3-bedroom, 2-bathroom home complete with a garage, all meticulously maintained and ready for you to move in. Stepping out to the patio, there is a great view of the stables and the fields. There are a total of 14 stalls on the property, 3 of which are specialized foaling stalls for ensuring the safety and care of newborn foals. The main barn presents optimal functionality with 10 stalls and doors on all four sides. This open, airy ambiance provides ventilation and comfort for animals. The smaller barn contains 4 additional stalls and water. This property is more than just a residence; it's a hub of equestrian excellence. Hosting champion horses during race events, the facilities have a proven track record of safety and security. This equine haven offers an enticing investment prospect, generating a substantial monthly income of $5,700 and nearly $70,000 annually. Located just outside the vibrant city of Indianapolis, the property has the serene countryside atmosphere while remaining conveniently connected to the hustle and bustle via nearby I-74. *Property shown by appointment only to pre-qualified buyers.
Exterior Features

Architectural Style Ranch Construction Materials BrickWood Foundation Details Full Garage Sq Ft 576 Garage YN Yes Horse Amenities None Levels One Parking Features Attached

Interior Features

Appliances DishwasherDryerMicrowaveOvenRefrigeratorWasherWater Heater Basement YN No Building Area Total 1000 Cooling Central Electric Eating Area Dining-L Fireplaces Total 0 Full Baths Basement 0 Full Baths Main 2 Full Baths MU 2 Full Baths Upper 0 Half Baths Basement 0 Half Baths Main 0 Half Baths MU 0 Half Baths Upper 0 Heating Electric Interior Features Paddle FanHi-Speed Internet AvailblEat-in KitchenPantry Main Level Bedrooms 3 Main Level Sq Ft 1000 Rooms Primary Bedroom (Main Level 0) Rooms MU 5 Rooms Total MU 5 Sq Ft MU 1000

Property Features

Accessibility Features YN No Acres 10-20 Acres Association YN No Green Certification YN No New Construction YN No Possession Negotiable Property Attached YN Yes Property Sub Type Farm Rooms Total 5 Semi Annual Property Tax Amt 1149 Solid Waste No Tax Year 2022 Township Brandywine Transaction Type Sale Water Source Private Well

Listing provided courtesy of Whitetail Properties: Brad.garrison@whitetailproperties.com. © 2024 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2024 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2024-03-01T18:25:31.147. 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.
Click here for MLS GRID DMCA Notice
 
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