720 E 400 N
Anderson, IN, 46012 $ 1,999,000
Bedrooms5 Baths4.1 Sq 5,859 Monthly Estimate*
$ 12,622
for $1,999,000 with 5 bedrooms and 4 full baths, 1 half bath. This 5,859 square foot home was built in 1997 on a lot size of 40.
MAJOR PRICE IMPROVEMENT - A Rare Opportunity to Own a True Legacy Estate Ready for its next owner, this extraordinary private estate offers a rare combination of luxury, land, privacy, and lifestyle on 82.46 breathtaking acres in North Anderson. Inspired by the character of a Colorado mountain retreat and paired with modern luxury, this nearly 6,000-square-foot custom home delivers a setting rarely found in Central Indiana. A winding private drive leads to a residence designed to embrace both everyday living and unforgettable entertaining. Expansive living spaces, soaring ceilings, and walls of windows showcase picturesque views of the surrounding countryside, creating a natural connection between the home and the land beyond. The approximately 40-acre homesite provides an incredible private playground with room to create the lifestyle you've envisioned. Explore your property by ATV or snowmobile, ride horses, enjoy the trails, plan for a resort-style pool, or simply take in the privacy and tranquility that comes with owning acreage rather than neighbors. A large pole barn offers substantial space for equipment, recreational vehicles, hobbies, storage, or potential future equestrian use. The offering also includes two additional parcels of productive tillable farmland, bringing the total acreage to an impressive 82.46 acres and providing opportunities for agricultural income, future expansion, recreation, or long-term investment. With this major price improvement, the opportunity to make this exceptional property your own has never been more compelling. Whether you're looking for a private retreat, a recreational property, an investment opportunity, or a place to create a lasting family legacy, this estate offers possibilities that are difficult to replicate. This is more than a home, t's a destination. A place where mornings begin with panoramic views, afternoons are spent exploring your own private acreage, and evenings end beneath expanding skies.
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FeaturesInteriorInterior Amenities Bath Sinks Double Main Breakfast Bar Built-in Features Cathedral Ceiling(s) High Ceilings Kitchen Island Entrance Foyer Paddle Fan Hi-Speed Internet Availbl Eat-in Kitchen Wired for Data Pantry Smart
Basement Ceiling - 9+ feet Daylight Exterior Entry Finished Finished Ceiling Finished Walls Full Storage Space Walk-Out Access
Total Fireplaces 2
Fireplace Features Basement Gas Log
Basement (Y/N) Y
Half Baths 1
Laundry Features Main Level
Total Bedrooms 5
Below Grade Finished Area 1757
Main Level Bedrooms 2
Total Baths 5
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GeneralHeating Zoned Forced Air Natural Gas
Cooling Central Air Dual
Utilities Septic System
Possession Closing
Appliances None
Garage Spaces 4
Patio/Porch Features Covered
Architectural Style Contemporary
Construction Materials Cultured Stone
Year Built 1997
View Trees/Woods
Township Richland
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Additional Parcels Description 48-07-30-100-003.000-029 48-07-19-300-017.000-029
County Madison
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Facing Direction North
Garage Y/N Y
Total Rooms 20
Full Baths 4
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
MLS Area 4808 - Madison - Richland
Lot Size Square Feet 1742400
Spa Features Fiberglass
Property Attached Y/N N
Middle/Junior High School Highland Middle School
Additional Parcels Y/N Y
Virtual Tour https://listing.arthomephoto.com/sites/rojbnygo/unbranded https://listing.arthomephoto.com/sites/720-county-rd-400-n-anderson-in-46012-26051389/branded
Standard Status Active
Tax Lot 0
Legal Description Sw Se 40.0000Acres Str: 19208 Section: Plat: 00 In: Out: Nw Ne 30-20-8 17.462A Se Sw 24.9950Acres Str: 19208 Section: Plat: 00 In: Out:
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ExteriorExterior Amenities Barn Pole
Fencing Partial Gate
Parking Features Attached
Lot Features Mature Trees Trees-Small (Under 20 Ft) Wooded
Water Source Well Private
Foundation Details Concrete Perimeter
Spa Y
Building Area Total 5859
Lot Size Acres 40
Other Equipment Smoke Alarm Home Theater
Horse Amenities Boarding Facilities Stable(s)
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* Excluded FeaturesList Bydhubbard@locksteprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,622
- Monthly Property Taxes
- $1,100
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Anderson, IN
Average List Price $214,666
Percent of Sale Price 89%
About Anderson, IN 55,687 Population
-8% Since 2002
$ 35,343 Median Income
38.12 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4044991 Elementary School
4490853 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/30/2026 | $1,999,000 | -11.16% | Price Down |
| 6/26/2026 | $2,250,000 | | Listed Price |