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876 N Raceway Rd

$1,325,000

876 North Raceway Road, Indianapolis, IN 46234

Active
Last Updated: 04/25/2025

3,094 sqft

Building Size

7.3 acres

Lot Area

Details:
Building Size:    3,094 sqft
Lot Area:    7.3 acres
Units:    1
Zoning:    Agricultural Residential, Town Growth Area
Year Built:    1962
Floors:    1
Heating:    Forced Air, Gas
Cooling:    Central
Description:

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.


Just a little south of the new 10th Street and Raceway rotary coming in late 2025


Indianapolis Address with Avon Zoning and Schools

 

Rental House with Pole Barn

7.29 Acres

 

Map:
Documents:
Title
876 N Raceway Rd Flyer April 2025
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Location
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