$1,800,000

868 N Raceway Rd Indianapolis, IN 46234

$10,000
Closing credit¹
3 beds
2 full, 2 partial
3,880 sqft
9.0 acres
$464 / sqft
House

Property details

About 868 N Raceway Rd

Discover a unique 9-acre farmhouse compound that blends rustic charm with modern functionality, offering possibilities for living, farming, or running a home business. With an Indianapolis address and highly rated Avon schools, this property provides rural views and urban convenience. The beautifully crafted farmhouse is designed for entertaining, featuring a dramatic sunroom with wood car sided ceiling and a great room with 22-foot ceilings, a custom fireplace, and abundant light. A decorator's dream, it offers perfect spaces for art or seasonal displays. The dining room accommodates large gatherings, while the master suite includes a sitting area, patio doors to deck and pool plus an en suite with jacuzzi. Two additional bedrooms, an office/guest room, and a finished basement with a second kitchen add to its appeal. Outside, the pool, gazebo, fenced backyard, and chicken coop create the ideal retreat. The 40 x 40 pole barn with 200-amp service and the three-car garage with two 200-amp services are ready for personal or business use. A separate three-bedroom rental house generates income with a month-to-month tenant. A list of furnishings for sale is available separately. This exceptional property offers opportunities to craft your ideal lifestyle. Whether you're looking for a family residence, a hobby farm, or a property with business potential, this farmhouse estate delivers it all.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size3,880 sqft
BasementYes
Lot size9.04 Acres
Year built1993
MLS #22018249
FireplaceGas Log

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Appliances: Gas Cooktop, Gas Oven, Tankless Water Heater
  • Basement: Yes
  • Interior: Attic Access, Breakfast Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), Center Island, Paddle Fan, Hardwood Floors, Eat-in Kitchen, Skylight(s), Surround Sound Wiring, Walk-in Closet(s), Wet Bar, Wood Work Stained
  • Fireplace: Gas Log
  • Total Bedroom Count: 3
  • Exterior: Barn Pole, Barn Storage, Pool House, Storage Shed, Other
  • Architectural Style: TraditonalAmerican
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $1,800,000
  • Price/SqFt: $463
  • Annual Tax Amount: $5,782
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1993
  • Living Area: 3,880 SqFt
  • Lot Size: 9.04 Acres
  • MLS Number: 22018249
  • MLS Name: MIBOR
  • Office Name: Keller Williams Indy Metro NE
  • Office Email: sharonthompson@kw.com
  • Listing Agent: Sharon Stamper Thompson

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 11:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade with a garage

$1,800,000

868 N Raceway Rd

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$484,300$5,782
2021$396,600$4,805
2020$366,700$4,434
2019$350,800$4,636
2018$345,900$3,815
2017$338,900$3,663

History based on county public records data.

Nearby schools

2

Chapel Glen Elementary School

Public District KG-6

0.7 mi

701 Lansdowne Rd

4

Bridgeport Elementary School

Public District KG-6

1.9 mi

9035 W Morris St

4

Chaplewood Elementary School

Public District KG-6

2.3 mi

1129 N Girls School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,329. The most common annual income of people living in Indianapolis, IN is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

16%
<35k
62%
35k-100k
20%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • College BasketballCollege Basketball
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • BurlingtonBurlington
  • DillardsDillards
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • WingstopWingstop
  • Logan's RoadhouseLogan's Roadhouse
  • QdobaQdoba

What do the neighbors drive?

  • NissanNissan
  • HyundaiHyundai
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Christian Adult ContemporaryChristian Adult Contemporary
  • RockRock
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Indianapolis, IN

Indianapolis has a comprehensive transport system that includes a city-wide bus service with regular routes connecting various neighborhoods. The city is also known for its bike-friendly initiatives, with numerous bike lanes and trails. Major highways such as I-65 and I-70 provide efficient routes for drivers to navigate in and out of the city. While specific ride-sharing statistics are not mentioned, such services are commonly used throughout the city.

The city is served by a robust educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is well-supported with several hospitals offering a range of services from emergency care to specialized treatments. Indianapolis also boasts a network of public libraries and a rich assortment of retail and dining options that reflect the diverse culinary tastes of its residents.

Indianapolis is celebrated for its vibrant cultural scene and sporting events, including the world-renowned Indianapolis 500. The city prides itself on its community-oriented atmosphere, with numerous parks and green spaces contributing to its inviting character. Seasonal festivals and local farmers' markets are a testament to the city's commitment to community engagement and local produce.

Indianapolis offers a diverse housing market, with single-family homes being a significant component, reflecting a mix of architectural styles from historic Victorian to contemporary. The housing options also include a variety of apartments and townhouses, accommodating a range of preferences and lifestyles. The city has seen a steady growth in housing developments, particularly in the downtown area, which has added modern living spaces to the urban core.

About 868 N Raceway Rd

The listing price of 868 N Raceway Rd property is $1,800,000.

The property 868 N Raceway Rd is a house located in Indianapolis, Indiana, 46234.

Active Listing: 868 N Raceway Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 868 N Raceway Rd are: Chapel Glen Elementary School (GreatSchools Rating 2/10), Bridgeport Elementary School (GreatSchools Rating 4/10), Chaplewood Elementary School (GreatSchools Rating 4/10), Chapel Hill 7th & 8th Grade Center (GreatSchools Rating 3/10), Avon Middle School North (GreatSchools Rating 9/10), Avon Middle School South (GreatSchools Rating 9/10), Ben Davis High School (GreatSchools Rating 3/10), Achieve Virtual Education Academy (GreatSchools Rating 2/10), Ben Davis University High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $5,782 (source: MLS/based on county public records data).

The property at 868 N Raceway Rd has 3 bedrooms and 2 full and 2 half bathrooms.

The property 868 N Raceway Rd is 3,880 SqFt (source: MLS/tax record).

The year of construction for 868 N Raceway Rd is 1993.

This home is located at 868 N Raceway Rd in Indianapolis, IN and zip code 46234. This 3,880 square foot home, which was built in 1993, sits on a 9.04 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $1,800,000.

While more than 246 listings in Indianapolis, IN in April 2025 were sold above asking price, there were more than 253 listings sold at asking price, and more than 546 were sold below. Between March and April 2025, Indianapolis, IN real estate market has seen increase in the number of listings by 4.9%. In April 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $250,031.

From Rocket Homes Real Estate and based on county public records data.

More resources