Discover a unique 9-acre farmhouse compound that blends rustic charm with modern functionality, offering possibilities for living, farming, or running a home business. With an Indianapolis address and highly rated Avon schools, this property provides rural views and urban convenience. The beautifully crafted farmhouse is designed for entertaining, featuring a dramatic sunroom with wood car sided ceiling and a great room with 22-foot ceilings, a custom fireplace, and abundant light. A decorator's dream, it offers perfect spaces for art or seasonal displays. The dining room accommodates large gatherings, while the master suite includes a sitting area, patio doors to deck and pool plus an en suite with jacuzzi. Two additional bedrooms, an office/guest room, and a finished basement with a second kitchen add to its appeal. Outside, the pool, gazebo, fenced backyard, and chicken coop create the ideal retreat. The 40 x 40 pole barn with 200-amp service and the three-car garage with two 200-amp services are ready for personal or business use. A separate three-bedroom rental house generates income with a month-to-month tenant. A list of furnishings for sale is available separately. This exceptional property offers opportunities to craft your ideal lifestyle. Whether you're looking for a family residence, a hobby farm, or a property with business potential, this farmhouse estate delivers it all.
Active
$1,800,000
868 N Raceway Rd, Indianapolis, IN 46234
3beds
3,880sqft
Est.:
Residential, Single Family Residence
Built in 1993
9.04 Acres Lot
$-- Zestimate®
$464/sqft
$-- HOA
What's special
Modern functionalityFenced backyardEn suite with jacuzziChicken coopRural viewsDramatic sunroomRustic charm
- 92 days
- on Zillow |
- 672 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: March 17, 2025 at 07:35am
Listing Provided by:
Sharon Stamper Thompson sharonthompson@kw.com,
Keller Williams Indy Metro NE
Source: MIBOR as distributed by MLS GRID,MLS#: 22018249

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 285 Square Feet
- Dimensions: 15x19
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12 x 14
Bedroom 3
- Features: Carpet
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Exercise room
- Features: Laminate
- Level: Basement
- Area: 144 Square Feet
- Dimensions: 12 x 12
Great room
- Features: Carpet
- Level: Main
- Area: 320 Square Feet
- Dimensions: 16x20
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 336 Square Feet
- Dimensions: 16x21
Laundry
- Features: Laminate
- Level: Basement
- Area: 80 Square Feet
- Dimensions: 8 x 10
Office
- Features: Carpet
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11 x 11
Play room
- Features: Tile-Ceramic
- Level: Basement
- Area: 550 Square Feet
- Dimensions: 22x25
Sun room
- Features: Tile-Ceramic
- Level: Main
- Area: 285 Square Feet
- Dimensions: 15x19
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Gas Oven, Tankless Water Heater
- Laundry: Connections All, Laundry Room, In Basement
Features
- Attic Access, Breakfast Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), Kitchen Island, Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen, Wired for Sound, Walk-In Closet(s), Wet Bar
- Flooring: Hardwood
- Windows: Skylight(s), Wood Work Stained
- Basement: Finished
- Attic: Access Only
- Number of fireplaces: 2
- Fireplace features: Gas Log
Interior area
- Total structure area: 3,880
- Total interior livable area: 3,880 sqft
- Finished area below ground: 1,114
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Parking Other(Finished Garage)
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Other
- Pool features: In Ground
- Fencing: Fenced,Wrought Iron
- Has view: Yes
Lot
- Size: 9.04 Acres
- Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, See Remarks
Details
- Additional structures: Barn Pole, Barn Storage, Pool House, Storage, Gazebo
- Additional parcels included: 3 Parcels. See the legal description.
- Parcel number: 320905200017000022
- Special conditions: Other
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1993
Utilities & green energy
- Electric: 200+ Amp Service, 220 Volts in Garage
- Sewer: Septic Tank
- Water: Municipal/City, Well
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $464/sqft
- Tax assessed value: $535,100
- Annual tax amount: $10,062
- Date on market: 1/24/2025
- Electric utility on property: Yes
- Loading
- Loading