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Horse Farm with Indoor Arena
For Sale
$680,000

13377 Reisert Road, Palmyra, IN 47164

Horse farm offering an indoor arena, multiple barns, and pastures across two ponds and 66 acres.

Property Size1,898 SF
Lot Size66.00 Acres
Price / SF$358.27
Days on Market3277

Property Features for 13377 Reisert Road

General Information

Standard status Active
Size 1,898 SF
Lot size 66.00 Acres
Property subtype Farm

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,363

Amenities

indoor arena
stalls
wash rack
office
bath
tack room
Window/Wall Unit, Ceiling Fan(s)
3
Storage
Porch, Covered
Agriculture
Outbuildings.
Frame
Barn, Shed. Paved Road.

Building Details

Year Built 1935
Stories 1
Listing Agency: Berkshire Hathaway HomeServices Parks & Weisberg R
Listed By: Karen McCartin-Foster
Source: Xome
Added: Aug 22, 2017 Changed: Aug 8 Last Checked: Aug 11 at 4:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Parks & Weisberg R

Investment Insights

Based on property information with market context.

This horse farm includes an indoor arena measuring 120 x 114, with 20 stalls sized 10 x 12, a wash rack, office space, and a bathroom. The arena is listed as having new skylights installed in 2019. Additional improvements include a 72 x 60 hay barn and a 36 x 60 utility barn, plus a covered lean-to and walkways associated with the barn structures.

The property totals 66 acres, comprised of two 20-acre parcels with pastures, woods, and two ponds, and a separate 26-acre parcel that includes an approximately 1,800-square-foot home. The home features three bedrooms and two baths, an eat-in kitchen, a living room with a fireplace, and a great room. A third-barn component is referenced as being included with the arena/stall setup.

The pasture is described as supporting alfalfa, orchard grass, and mixed grasses. Soil tests were completed in 2020, and the property is described as having operated for 40+ years as Neely Quarter Horses. Most gates and some additional items are included, and a pre-approval letter is required prior to showings.

Key Highlights

  • 66‑acre horse farm with pastures, woods, and 2 ponds, comprised of two 20‑acre parcels plus an additional 26‑acre parcel
  • Indoor arena 120 x 114 with wash rack, office and bath, plus 20 stalls (10 x 12) with aluminum hardware and feeders
  • Barns and outbuildings include a 72 x 60 hay barn and a 36 x 60 utility barn with covered lean‑to and 4' walkway

Property Analytics

Current Use

Horse & equestrian properties

Suggested Use

Top Pick Auto Repair Shop Computer & Electronic Repair Pet Grooming Service Tech Support Center Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 47164, IN

3,609
Population
1,554
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
84%
High-School Grad
36.6 sq mi
ZIP Area
99
Density / Sq Mi
$62,181
Median Household Income
$44,930
Median Earnings
$746
Median Rent
$202,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Horse farm offering an indoor arena, multiple barns, and pastures across two ponds and 66 acres.
Where is this horse & equestrian property located?
The property is located at 13377 Reisert Road Palmyra, IN.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 66‑acre horse farm with pastures, woods, and 2 ponds, comprised of two 20‑acre parcels plus an additional 26‑acre parcel; Indoor arena 120 x 114 with wash rack, office and bath, plus 20 stalls (10 x 12) with aluminum hardware and feeders; Barns and outbuildings include a 72 x 60 hay barn and a 36 x 60 utility barn with covered lean‑to and 4' walkway
More about this property
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