Here's 5116 N Raceway Road in Indianapolis, IN 46234, listed at $384,900.

22 photos from the listing — tap any to expand.

Photo of 5116 N Raceway Road, Indianapolis, IN

For Sale — 5116 N Raceway Road, Indianapolis, IN 462341 / 22

Quick read on the numbers:

$384,900$399,000

For Sale15 days on market

Beds

Baths

Sq ft

1,166

Built

1957

Acres

2.67

Here's what I think this home is worth:

Key things to know

2.67-acre lot
Metes & Bounds subdivision

From the listing

Rare find: 2.67-acre horse property in the Brownsburg school district under $400K. Established equestrian setup is ready day one - sand riding arena with post & board fencing, run-in shelter, detached tack house, hay storage, and fully fenced pasture turnout. Updated 3-bedroom ranch features refinished hardwood floors, updated kitchen, fully remodeled tile bathrooms, and 2-car attached garage. This hidden gem is all about the horses but the house itself is a unique find. No HOA, no subdivision restrictions. Just 20 minutes to downtown Indianapolis and minutes to Brownsburg amenities. Perfect for horse owners, hobby farmers, animal lovers, or anyone wanting acreage and outbuildings without leaving Brownsburg schools or the Indy commute behind. Move in, bring your horses, settle in.

A few highlights from the feature list:

Interior

Hardwood FloorsEat-in Kitchen

Exterior

StorageStorage ShedOther

I'll break the details down — open any section that matters.