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868 & 876 N Raceway Rd

$1,800,000

868 North Raceway Road, Indianapolis, IN 46234

Active
Last Updated: 02/28/2025

4,045 sqft

Building Size

9.04 acres

Lot Area

Details:
Building Size:    4,045 sqft
Lot Area:    9.04 acres
Units:    1
Year Built:    1993
Zoning:    AG Residential, Town Growth
Floors:    1
Roof:    2012
Description:

Unlock the potential of this 9-acre property, perfectly suited for home-based businesses, business or land development opportunities. Located with an Indianapolis address and Avon schools, this versatile estate offers a prime combination of location, space, and functionality to support your entrepreneurial ambitions or future development. The quality-built 1993 farmhouse includes two 200-amp services and a half bath in the attached three-car garage, providing flexibility for home office use, workshop use, or other professional needs. A 40 x 40 pole barn, also equipped with 200-amp service, adds valuable space for storage, farming or additional business operations. The expansive property layout allows for plenty of room to accommodate future expansions or adaptations to suit your business goals. The farmhouse itself is designed to impress, featuring a dramatic sunroom, a great room with soaring 22-foot ceilings and a custom fireplace, and a spacious dining area perfect for meetings or hosting events. A fully finished basement with a second kitchen further enhances the property’s potential for entertainment or accommodations. This property includes a separate parcel with a three-bedroom rental house on the corner, generating month-to-month income. The main house includes a large fenced backyard, pool, and gazebo that could be used for company gatherings or recreational amenities. With home-based business uses already allowed and ample space for additional development, this property is an ideal canvas for your vision. Don’t miss this exceptional opportunity to combine business and lifestyle in one versatile location.


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


This property has an Indianapolis zoning, Avon schools and Hendricks County zoning. Hendricks County zoning is somewhat flexible and development of this site will entail annexation into Avon. Sewer and city water is available nearby.

Map:
Documents:
Title
868 & 876 N Raceway Rd marketing Flyer 01.2024
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Farmhouse Compound with Rental Property
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