Pendleton

Pendleton

Located in Madison County

46011, 46013, 46051, 46064

$330,362 Average Value
$165 Average Price per Sq Ft
39 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

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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
$349,900
Median Sale Price
$340,000
Median Single Family Sale Price
$339,200
Median Townhouse Sale Price
$350,000
Median 2 Bedroom Sale Price
$332,450
Median Change From 1st List Price
2%
Last 12 months Home Sales
291
Median Home Sale Price YoY Change
-$2
Average Price Per Sq Ft
$165

Neighborhood Facts

Number of Homes for Sale
39
Months of Supply
1.60

Open Houses

  • Saturday, Jun 14
    1 - 3pm

    8263 Bryce Blvd, Pendleton, IN 46064

    $415,000

    • 3 Beds
    • 2.5 Baths
    • 2,428 Sq Ft
    • 8263 Bryce Blvd
    • New 9 days ago

    This better-than-new, 2-year-old single-family home in Estes Park offers the perfect blend of comfort, style, and convenience. Located in an all-ages neighborhood designed for low-maintenance living, it's ideal for today's busy homeowner. Step inside to an impressive great room featuring soaring 11-foot ceilings and a cozy fireplace-an inviting space to relax or entertain. The gourmet kitchen

    Teri Apple F.C. Tucker Company

  • Saturday, Jun 14
    11am - 1pm

    9369 Casey Rd, Pendleton, IN 46064

    $430,000

    • 4 Beds
    • 2.5 Baths
    • 3,015 Sq Ft
    • 9369 Casey Rd
    • New 23 days ago

    Discover comfort, space, and style in this stunning 4-bedroom, 2.5-bath home designed with modern smart living in mind. Featuring an open-concept layout, this home centers around a beautifully appointed kitchen with a large center island, 42" high cabinetry, a wall of upper and lower cabinets, and a walk-in pantry-perfect for cooking, gathering, and entertaining. The kitchen flows effortlessly

    Heather Upton Keller Williams Indy Metro NE

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''
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