$999,000

29 Acres with one of the largest indoor arenas!

Indianapolis , Marion County , Indiana

29.96
ACRES

3
BEDROOMS

1.5
BATH

2016
SQ FT

covered arena • hay barn • fenced • second house • pond • 4 barns with 10 stalls

Property description

5751 & 5465 W Southport Rd, Indianapolis, IN - 29.96 Acres off of Southport Rd in Decatur Township. 2 parcels can be purchased together or separately. Property includes one of the largest indoor arenas in the state. Arena built for horses BUT could be used for anything. Arena is 120x70 with 16 ft rafters and overhead lighting. 4 inches of sand footing compacted and level ground. Inside arena there are (5) 10x10 steel pipe box stalls. Another 50x34 stall barn on the 10 acre parcel has (10) 12x10 box stalls. Each stall has electricity, sliding door, window, mats, and on top of compacted #2 stone & limestone. Home on 10 acres has 1,560 of living space and property has additional storage barns and fenced area for horses. Parcel with 20 acres has a 2,016 sq ft, long drive for privacy, pond, 16x12 barn, 42x16 hay barn, 30x23 barn, chicken coop. Developers dream to purchase both parcels and parcel off large lots for resale or keep for future investment in one parcel.

Details

Home Features

19.73 Acres at 5465 W Southport Rd. Discover the potential of this 3 BR, 1.5 baths brick ranch. Nestled on a spacious lot, this property offers 2,016 sq ft of living space, providing a perfect canvas for your dream home. Real gem of this property is the substantial amt of acreage for your private retreat. 19.73 acres provides potential w/a flat landscape for any vision. Long driveway for the max amount of privacy leads you through the mature trees to your very own pond. Free from HOA requirements, this home promises freedom in customization & the use of your property. It's close enough to the conveniences of Indianapolis yet removed enough to enjoy the peace of suburban life. Investor opportunities galore! Want to build your dream home? Use the acreage to build your dream home & parcel off the front portion w/the existing home for resale (county approval required). Could be parceled for a mini subdivision (county approval required) or buy & hold onto all of the acreage for value later. Land is hard to come by & will only get harder. The home is cleared & ready to show. Feel free to walk the property w/a showing appt w/the listing agent or your buyer's agent. Whether you're a first-time homebuyer or a seasoned investor, this property presents a unique opportunity to craft a home to your preferences. Don't miss out on the chance to own & customize your ideal space in a desirable location. Welcome to potential & your new home project. Additional 10.23 acres located at 5751 W Southport Rd available for sale or as a pkg totaling 29.96 acres. Total package includes 2 homes, multiple barns & one of the largest indoor horse arenas in the state (arena could be used for anything, think storage, softball tournaments etc.... giant arena) for $999,000.
10.23 Acres at 5751 W Southport Rd. in Decatur Township. Another parcel connected to this parcel 5465 W Southport Rd. with an additional 19.73 Acres available for sale. Total 29.96 Acres package available for $999,000. Land and structures being sold as-is. Land is mostly flat and open for development/build your dream home/any ideas you have. Home on 10 acres has 1,560 of living space and property has additional storage barns and fenced area for horses.