876 N Raceway Road, Indianapolis, IN 46234

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$1,325,000

bedrooms

bathrooms

square feet

Acreage

7.3

Open Houses

year built

Full Baths

Half Baths

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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.

Location
Subdivision	No Subdivision
County	Hendricks
Elementary School	-
Middle School	-
High School	-

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Open houses

None scheduled.

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MLS number: 22033386

Listing agent: Sharon Stamper Thompson #RB14044406

Listing broker: Indy Metro Northeast Dba Keller Williams Realty (317) 564-7100

Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Saturday, April 19 2025 at 11:00 p.m. EDT

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