876 N Raceway Road
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876 N Raceway RoadIndianapolis, IN 46234


Active
$1,325,000
Asking Price
7.3
Ac Lot

876 N Raceway Road Indianapolis, IN 46234


Commercial LandProperty Type
94 daysTime on Dwellane
$181,507Price per acre
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.
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City

Indianapolis

Type

Commercial Land

County

Hendricks

Lot Size

7.3 ac / 317,988 sqft

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Listing Agent

Listing Provider

Keller Williams Indy Metro NE

MLS #

22033386

Source

MIBOR as distributed by MLS GRID

Last Modified

Mon Apr 28 2025

Listed on

Wed Apr 16 2025


Property History

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