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Improved Land for Sale in Alexandria, Indiana

Madison County, Alexandria, IN 46001

$529,000
5 acres
Active sale
$10k drop
Est $2,871/mo

Alexandria, IN Dream equestrian property! This turnkey horse lover's paradise features a spacious, well-maintained 2411 sq ft home with recent major updates-including a brand new roof, new HVAC system, encapsulated crawl space with dehumidifier for added comfort and protection, and all appliances staying (with warranties-they're all less than 2 years old!). Cozy up by the wood-burning fireplace in the main living area or relax in the master bedroom with its own gas fireplace. Enjoy the 3-season room** complete with a cooktop and mini-split for year-round use! Top-notch equestrian facilities include: - One 36x36 horse barn with concrete stalls, rubber mats throughout, and four stalls , two 10x10 overhead doors that are on each end to allow easy access and cleaning. - 100-gallon water heater dedicated for horse baths - Another top-notch insulated barn on 8 inches of concrete-perfect as a shop, heavy machinery storage, or additional workspace - Massive full shop ideal for running a business, equipment storage, or all your toys! 40x77 main shop with 14x14, 17x17 overhead doors(HIGH CLEARANCE) - Huge 145' x 70' riding arena with lights and 6 inches of sand (ideal depth for safe, effective horse training) - 3/4 mile dedicated track for exercising and training horses - 3 separated electric fence pastures Prime location in peaceful Alexandria, IN-just 5 miles from I-69 for easy access, and conveniently only about 1 hour from both Fort Wayne to the north and Indianapolis to the south,15 minutes from Anderson and Muncie,40 minutes from Fishers. Enjoy the best of both worlds: serene country living with quick drives to big-city amenities like indoor/outdoor shopping, horse racing, entertainment, dining, and more-perfect for business, family, or weekend getaways! If you're a serious horse enthusiast or need a serious workspace setup, this is IT.

2,411
Sq feet
3
Beds
2
Full baths
1977
Built

Location

Community
Madison - Monroe
School district
Alexandria Community School Corp
Elevation
891 feet
Coordinates
40.2892, -85.6378

Property details

Acreage
5 acres
MLS #
MIBOR 22078933
Posted

Parcels

  • 480608100002000021

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Century 21 Real Estate

Exterior

Parking
Garage

Structure

Style
Ranch
Heating
Fireplace(s), Natural Gas, Wood, Wood Stove
Cooling
Central Air
Materials
Stone

Interior

Room Count
4
Rooms
Bathroom x 2, Bedroom x 3, Dining Room, Kitchen, Laundry, Living Room
Fireplaces
Yes
Appliances
Cooktop, Dishwasher, Dryer, Gas Cooktop, Gas Oven, Microwave, Range, Refrigerator, Softener Water, Washer
Features
Attic Pull Down Stairs, Eat-In Kitchen, Entrance Foyer, Hardwood Floors, Kitchen Island, Paddle Fan, Pantry, Walk-In Closet(s)

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
Feb 24, 2026Price drop$529,000$10,000 -1.9%MIBOR
Jan 20, 2026New listing$539,000MIBOR
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This 5-acre property is located in Alexandria, IN 46001. The property is available for sale for $529,000. It has a 2,411 sq ft 3 bedroom, 2 bath house built in 1977.

Checked 2 hours ago — Updated

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