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Pendleton

Pendleton

$332,038 Average Value
$167 Average Price per Sq Ft
11 Homes For Sale

One of Indiana’s most historic cities

Pendleton is a city of around 5,000 people that packs plenty of notable sights into its small size. It is is one of the closest northern suburbs to Indianapolis and is one of the biggest towns between the metro and Anderson township. The city has a storied past, enough that the entire city has been designated in the National Register of Historic Places. Though it was originally settled in 1820, it gained traction in the early 1900s when several glass and tile manufacturing facilities set up shop. Today, one of the city’s main industries are the multiple large prison complexes on the outskirts of town. Despite the prisons’ presence, most locals consider the area safe and love the community for its historic park, scenic downtown district, and community events. “It’s like the modern Mayberry from the Andy Griffith Show,” says Heather Upton, who lives in Pendleton and is CEO of The Real Estate Pros of Keller Williams in Indianapolis. “Downtown Pendleton is just what anyone would imagine as small-town USA. You still have the small community vibe and the historic buildings and that whole old-timey vibe. And we have a parade for everything.”

The Pendleton Historic District

In 1991, Pendleton became the second city in Indiana to be entered into the National Register of Historic Places. While the entire city is considered historic, the Pendleton Historic District mainly refers to the spread of 19th-century businesses on State Street and Pendleton Avenue, next to Fall Creek Park. The businesses in this area are known for their Federal, Greek Revival, and American Craftsman styles that have been largely unchanged since the 1800s. These historic buildings are home to the Pendleton Historical Museum and some beloved modern businesses, like Quack Daddy Donuts and The Bank restaurant. The Bank is where locals and visitors can sample an Indianapolis culinary staple – the pork tenderloin sandwich. During major holidays, Historic District businesses go all out, whether it is decorating for Christmas in Pendleton during the second weekend in November or shutting down the entire block of Broadway Street for thousands of children to trick or treat on Halloween.

Falls Park is the “jewel of the area”

Falls Park began as a public dump in the 1920s, but a century of community investment has led to it becoming the “jewel of the area,” according to the city’s parks department. The park includes 20 acres of protected local wetland, a public pool and waterpark, trails, playgrounds and the Pendleton Sports Complex. The park is maintained by the city and by volunteers from the Lion’s Club of Pendleton, Pendleton Kiwanis and local Boy Scout troops. Falls Park is also the site of several major community events. Two annual highlights are the Pendleton Fall Creek Fall Festival, where dozens of vendors sell crafts and antiques in an outdoor market, and Fourth at the Falls, an Independence Day celebration with a food truck and beer garden, live music and, of course, a fireworks display.

New development meets Pendleton’s historic stock

Most housing in Pendleton is concentrated on the eastern side of Falls Creek. Despite Pendleton’s status as a historic city, in the past 20 years, there has been a boom in planned subdivisions with newly built, modern construction. The Carrick Glen Subdivision and the Huntzinger Farms Subdivision are two of the new communities that are within walking distance of the downtown area. Closer to the Historic District, houses built as recently as 2023 rest on the same streets as historic residences from the 19th century. These newer homes still must follow style and material guidelines to match the older properties in the city. “The planning commission is really taking control of the growth and trying to do it in a fashion where homes that are being built, there’s this great sense of integrity,” Upton says. “If you’re going to live here, we want it to fit in and have quality. We maintain standards in our real estate.” In planned subdivisions, prices range between $300,000 to $400,000. A historic home in Pendleton will range between $200,000 for a 1,500-square-foot 19th-century property to $500,000 for a residence built in the same year that is double the size.

Headquarters for South Madison Community School Corporation

Pendleton is zoned within the South Madison Community School Corporation, which also serves the smaller towns of Ingalls and Markleeville and the rural Adams, Green and Fall Creek Townships. The district has a B-plus score on Niche. The school division’s headquarters are in the city, and one of the district’s three elementary schools and the district’s only middle school and high school are in Pendleton. The high school’s annual homecoming is a city-wide celebration, with many major streets shut down for the occasion.

Interstate access for Indianapolis commuters

Interstate 69 and U.S. Highway 36 both run through Pendleton and connect directly to Indianapolis, which is about 35 miles away. While the IndyGo bus system serves the city of Indianapolis, the transit system does not reach Pendleton, so locals rely on their own cars for travel. Thanks to the city’s many sidewalks and streetlamps, “You can walk from one end of the town to the other,” Upton says. For long-distance travel, there are multiple airports in the area. Anderson Muni Airport and the Indianapolis Regional Airport are within 15 miles of Pendleton and mainly serve private aircraft. The larger Indianapolis International Airport is about 50 miles away.

Area considerations

Pendleton is the site of three maximum security men’s prisons — Pendleton Correctional Facility, Correctional Industrial Facility and Pendleton Juvenile Correctional Facility. All these facilities are located away from residential areas, just outside the official city boundaries. According to FBI data, Pendleton's reported property and violent crime rates are below national and state figures.

Lia Jones
Written By
Lia Jones

Interested in learning more about homes in this area? Reach out to Liz Marks-Strauss, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Pendleton Housing Trends

Housing Trends

Median List Price
$379,000
Median Sale Price
$357,000
Median Single Family Sale Price
$367,000
Median Townhouse Sale Price
$290,000
Median 2 Bedroom Sale Price
$290,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
162
Median Home Sale Price YoY Change
3%
Average Price Per Sq Ft
$167

Neighborhood Facts

Number of Homes in Neighborhood
4,753
Number of Homes for Sale
11
Median Year Built
1995
Months of Supply
0.80
Average Single Family Home Size Sq Ft
2,052
Above the national average
1,924
Average Townhouse Size Sq Ft
1,700
Average 2 Bedroom Size Sq Ft
1,614
Median Lot Size Sq Ft
14,374

Open Houses

  • Sunday, Aug 3
    Open Sun 2PM - 4PM

    1026 Yellowbrick Rd, Pendleton, IN 46064

    $529,000

    • 3 Beds
    • 3.5 Baths
    • 2,741 Sq Ft
    • 1026 Yellowbrick Rd
    • New 13 days ago

    Find yourself somewhere over the rainbow and follow follow follow the Yellowbrick Road to your very own magical retreat! Serious Kitchen Goals + Laid-Back Living in Pendleton Schools! If you've been holding out for that kitchen, here it is. Brazilian quartz counters, a gas cooktop, KitchenAid convection and proofer double oven, and an industrial range hood make this the real deal for anyone who

    Agent Photo
    Lisa Buckner
    RE/MAX Real Estate Groups
    (765) 302-4677
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  • 115 W State Road 38, Pendleton, IN 46064

    $3,800,000

    • 4 Beds
    • 2 Baths
    • 115 W State Road 38

    Don't miss out on this outstanding equestrian facility in Pendleton, IN! Down a long driveway off the main road sits a beautiful home and several excellent support buildings on 27.31 +/- acres. A property you won't find anywhere else with its charm and facilities providing many opportunities for country living and equestrian needs. This unique home was built in 1879 with a total of 2,434 sqft. It

    Agent Photo
    Caleb Cleek
    Jeff Boone Realty, LLC
    (765) 222-5042
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  • 661 Kilmore Dr, Pendleton, IN 46064

    $337,000

    • 3 Beds
    • 2 Baths
    • 1,520 Sq Ft
    • 661 Kilmore Dr
    • New 1 day ago

    Located in the heart of Pendleton, this charming and move-in ready ranch-style home offers the perfect blend of comfort and convenience. It features 3 spacious bedrooms, 2.5 bathrooms, and a versatile office-ideal for working from home or a quiet retreat. Don't miss the opportunity to make this beautifully home yours. Schedule your showing today!

    Mariangel Labrador Hernandez Lauck Real Estate Sevices, LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
44''
Average Winter Low Temperature
21°F
Average Summer High Temperature
84°F
Annual Snowfall
15''

Area Factors

Somewhat Bikeable

Bike Score®®

28 / 100

Car-Dependent

Walk Score®®

1 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Pendleton