$799,900
5434 N Michigan Road
Opportunities like this are few and far between! Nestled on 10 acres of prime land, a mere mile from the renowned Horseshoe Casino, this remarkable equine paradise presents a great investment opportunity. Starting with the 3-bedroom, 2-bathroom home complete with a garage, all meticulously maintained and ready for you to move in. Stepping out to the patio, there is a great view of the stables and the fields. There are a total of 14 stalls on the property, 3 of which are specialized foaling stalls for ensuring the safety and care of newborn foals. The main barn presents optimal functionality with 10 stalls and doors on all four sides. This open, airy ambiance provides ventilation and comfort for animals. The smaller barn contains 4 additional stalls and water. This property is more than just a residence; it's a hub of equestrian excellence. Hosting champion horses during race events, the facilities have a proven track record of safety and security. This equine haven offers an enticing investment prospect, generating a substantial monthly income of $5,700 and nearly $70,000 annually. Located just outside the vibrant city of Indianapolis, the property has the serene countryside atmosphere while remaining conveniently connected to the hustle and bustle via nearby I-74. *Property shown by appointment only to pre-qualified buyers.
Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Heater
Map to 5434 N Michigan Road, Fairland, IN 46126
MLS #
21936872
Date Listed
2023-08-07
Status
Active
Property Type
Residential
Property SubType
Farm
Square Feet
1000 sqft
New Construction
No
Style
Ranch
Type
Farm
Bedrooms
3
Bathrooms
2
Year Taxes Payable
2022
Year Built
1971
Days on Market
505
Additional
Design
Ranch
Cooling
Central Electric
Heating
Electric
Garage
Yes
External Features
Construction
Farm
Lot Size
218,236 sq ft
Acreage
10.00 Acres
Sewer
Septic
Water
Private Well
Fence
None
Location
Area
Shelby
County
Shelby
Subdivision
No Subdivision
Township
Brandywine
City
Fairland
State
IN
Zip
46126
Schools
School District
Northwestern Con School Corp
Elementary
Triton Central Elementary School
Middle School
Triton Central Middle School
High School
Triton Central High School
Financial
Assoc. Dues
$0.00
| MLS # | 21936872 |
|---|---|
| Date Listed | 2023-08-07 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Farm |
| Square Feet | 1000 sqft |
| New Construction | No |
| Style | Ranch |
| Type | Farm |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Year Taxes Payable | 2022 |
| Year Built | 1971 |
| Days on Market | 505 |
| Design | Ranch |
|---|---|
| Cooling | Central Electric |
| Heating | Electric |
| Garage | Yes |
| Construction | Farm |
|---|---|
| Lot Size | 218,236 sq ft |
| Acreage | 10.00 Acres |
| Sewer | Septic |
| Water | Private Well |
| Fence | None |
| Area | Shelby |
|---|---|
| County | Shelby |
| Subdivision | No Subdivision |
| Township | Brandywine |
| City | Fairland |
| State | IN |
| Zip | 46126 |
| School District | Northwestern Con School Corp |
|---|---|
| Elementary | Triton Central Elementary School |
| Middle School | Triton Central Middle School |
| High School | Triton Central High School |
| Assoc. Dues | $0.00 |
|---|
MLS# 21936872
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Brad Garrison
Whitetail Properties
Brad.garrison@whitetailproperties.com
Listing updated January 19, 2024 at 2:31 pm
Last checked 1 hour ago
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