115 W State Road 38 Pendleton, IN 46064
Estimated payment $16,147/month
Total Views
69,368
27.31
Acres
$102,527
Price per Acre
1,189,624
Sq Ft Lot
Highlights
- Heated Pool
- 27.31 Acre Lot
- Cathedral Ceiling
- Pendleton Heights High School Rated 9+
- Mature Trees
- Wood Flooring
About This Lot
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 has 4 bedrooms, 2 bathrooms, and an unfinished 1,000+ sqft basement. The kitchen is a gathering spot in this home with its open space and high-end appliances. Outside relax on the porch next to the inground heated pool and pool house. This property not only has the main home, but two other fully functional guest homes, and a 24' by 24' heated detached 2 car garage. Walk around this facility and you will find several high end barns and stables. Many paddocks, pastures, and arenas for equestrian training ready for its new owner. Take notice of the useful barns available. 1. A new 60' x 176' indoor riding arena with grandstands and judging platform. 2. A 60' x 80' horse barn that has 12 stalls, tack room, and storage space. 3. A 36' x 48' barn with 5 horse stalls. 4. A handy storage, feed, and equipment barn with 4 horse stall and tack storage. 5. The original arena and stall location with a unique feel and design! Added in recent years is the outdoor arena with lighting, allowing for late evening and night training. A professionally lit outdoor arena, perfect for evening riding sessions and events. Additional Equestrian Amenities: 21 paddocks, round pen, stable areas, trailer storage, and more!
Property Details
Property Type
- Land
Est. Annual Taxes
- $15,620
Year Built
- Built in 1879
Lot Details
- 27.31 Acre Lot
- Mature Trees
- Additional Parcels
Parking
- 2 Car Detached Garage
Home Design
- Stone Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 2-Story Property
- Cathedral Ceiling
- Paddle Fans
- 2 Fireplaces
- Gas Log Fireplace
- Storage
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
Attic
- Attic Access Panel
- Permanent Attic Stairs
Schools
- Pendleton Heights Middle School
- Pendleton Heights High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
Listing and Financial Details
- Tax Lot 481425100005000012
- Assessor Parcel Number 481425100005000012
Community Details
Overview
- No Home Owners Association
Recreation
- Heated Pool
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $15,621 | $1,370,700 | $121,100 | $1,249,600 |
| 2023 | $13,107 | $1,044,500 | $113,000 | $931,500 |
| 2022 | $12,829 | $1,034,200 | $94,600 | $939,600 |
| 2021 | $11,404 | $933,000 | $85,800 | $847,200 |
| 2020 | $11,406 | $896,500 | $81,100 | $815,400 |
| 2019 | $11,090 | $863,500 | $81,400 | $782,100 |
| 2018 | $3,926 | $243,000 | $27,700 | $215,300 |
| 2017 | $3,678 | $227,200 | $26,600 | $200,600 |
| 2016 | $3,727 | $223,700 | $26,200 | $197,500 |
| 2014 | $3,386 | $204,000 | $28,400 | $175,600 |
| 2013 | $3,386 | $209,900 | $27,200 | $182,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $2,800,000 | -26.3% | $1,150 / Sq Ft |
| 06/06/2025 06/06/25 | For Sale | $3,800,000 | +192.3% | $1,561 / Sq Ft |
| 04/06/2018 04/06/18 | Sold | $1,300,000 | +4.0% | $219 / Sq Ft |
| 03/20/2018 03/20/18 | Pending | -- | -- | -- |
| 12/19/2017 12/19/17 | For Sale | $1,250,000 | -- | $211 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | Chicago Title |
Source: Public Records
About the Listing Agent
Caleb was born and raised in Northern Madison County. From growing up on his grandfather's farm in Elwood, to graduating from Frankton High School in 2015, Caleb has been a part of central Indiana his entire life. He is proud to be a part of Jeff Boone Realty and continue his career in the heart of Indiana.
Caleb's Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22043463
APN: 48-14-25-100-005.000-012
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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