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Land with Home for Sale in Indianapolis, Indiana

5150 Hickory Rd, Indianapolis, IN 46239

$400,000
3 acres
Active
ago
Est $2,171/mo

Situated on 2.72 acres, this brick and stone ranch offers space, flexibility, and a property setup that's ready for horse enthusiasts. The home has solid bones, awesome entertaining areas and is ready for a new owner to make it their own. Inside, the home features three bedrooms and 1.5 baths. The kitchen offers a generous amount of counter space along with an eat-in area for casual dining. A front living room with double French doors provides a flexible space that works well as a home office, sitting room, or additional living area. Original hardwood floors remain in some areas of the home, adding charm and character. The bonus room could be used as an exercise area, craft room or gaming station. The large family room is a standout feature of the home, anchored by a stone, gas log fireplace and offering plenty of room for gatherings. Just off the family room, step out to a concrete patio covered by a pergola-an inviting spot for outdoor seating and entertaining. The property is well equipped for horses, with three fenced pastures and a functional horse barn. The barn includes two large full-size stalls (which could easily be converted into four), along with three miniature horse stalls. Additional barn features include a shavings stall, two storage rooms, water and electricity, and outlets at each stall for fans or heated buckets. All stalls are equipped with hay and feed bins, and the hay loft runs the full length of the barn. An above-ground pool surrounded by an expansive, multi-level deck adds another great outdoor feature for relaxing and entertaining. Located in a desirable area with room to spread out, this property offers a great opportunity for buyers looking for acreage, horse facilities, and a home with room so they can easily modify it to suit their needs and style.

2,193
Sq feet
3
Beds
1
Full bath
1
1/2 bath
1966
Built

Location

Street address
5150 Hickory Rd
Community
Marion - Franklin
School district
Franklin Township Com SCH Corp
Elevation
820 feet
Coordinates
39.6939, -85.9949

Property details

Acreage
3.04 acres
MLS #
MIBOR 22089108
Posted

Parcels

  • 491605108005000300

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Fencing
Fenced
Pool
Private
Structures
Barn(s)
Features
Barn Pole, Fencing, Pool

Structure

Style
New Traditional
Heating
Fireplace(s), Forced Air
Cooling
Central Air
Materials
Brick, Stone

Interior

Room Count
8
Rooms
Bathroom x 2, Bedroom x 3, Bonus Room, Family Room, Kitchen, Office, Utility Room
Fireplaces
Yes
Appliances
Dishwasher, Gas Oven, Microwave, Range, Refrigerator, Softener Water, Washer
Features
Eat-In Kitchen

Nearby schools

NameTypeDistrict
Franklin Central Junior HighMiddleFranklin Township Com SCH Corp

Listing history

DateEventPriceChangeSource
Mar 14, 2026New listing$400,000MIBOR
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This 3.04-acre property is located at 5150 Hickory Rd in Indianapolis, IN 46239. The property is available for sale for $400,000. It has a 2,193 sq ft 3 bedroom, 1 bath house built in 1966.

Checked 2 hours ago — Updated

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