$497,000
SOLD JUN 6, 2025

474 Pekin Way Pendleton, IN 46064

4 Beds
2.5 Baths
2,917 Sq Ft
0.32 Acres

Recently Sold

$170 Per Sq Ft

2% Above List Price

12 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Corner Lot
  • St. Ansgar Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of June 2025

Welcome to this beautiful Craftsman-style home situated on a .32-acre corner lot in Pendleton. Offering 4 bedrooms, 2.5 bathrooms, and plenty of space to spread out, this home blends style, comfort, and functionality. Step into the two-story foyer where a crystal chandelier creates a warm welcome. Just off the entry is a private office or den with double French doors, perfect for working from home or a quiet reading space. Across the way is a mudroom with access to the 2-car tandem garage that can accommodate 3 vehicles or provide extra room for storage. The spacious great room features a wood-burning fireplace and opens to the gourmet kitchen, complete with quartz countertops, stainless steel appliances, a gas stove/oven, built-in electric oven and microwave combo with convection option, and a large walk-in pantry with an added outlet. The adjacent dining area offers access to the backyard with a privacy fence and large concrete patio-great for summer evenings and weekend gatherings. Upstairs, you'll find a flexible loft/game room, three guest bedrooms-all with walk-in closets-a full guest bathroom with double sinks, a convenient laundry room, and the primary suite. The primary bedroom includes a generous walk-in closet and an en-suite bathroom with dual vanities. The unfinished basement offers so much potential with rough-in plumbing for a full bath, an egress window for a future bedroom, and space for an additional living area or storage. With modern systems like a reverse osmosis filter connected to the kitchen sink and fridge, a whole-house water softener, and a salt-free water conditioner, this home is thoughtfully equipped for everyday living. Come see all it has to offer!

Last Agent to Sell the Property

Shelly Hughes

Indy A-Team Realty Brokerage Email: shelly@indyateam.com License #RB14052270 Listed on: 04/16/2025

Last Buyer's Agent

Leigh Rogers

RE/MAX Legacy

RE/MAX Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 2022

Lot Details

  • 0.32 Acre Lot
  • Corner Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Shingle Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Laundry on upper level

Kitchen

  • Convection Oven
  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • 9 Foot Basement Ceiling Height
  • Sump Pump
  • Basement Window Egress

Home Security

  • Radon Detector
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Pendleton Elementary School
  • Pendleton Heights Middle School
  • Pendleton Heights High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include management
  • Association Phone (317) 262-4989
  • The Falls At Pendleton Subdivision
  • Property managed by PMI
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 481417400046000013
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,278

Year Built

Built in 2022

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2022
  • Building Area Total: 4100
  • Garage Y N: Yes
  • Lot Size Acres: 0.32
  • Subdivision Name: The Falls At Pendleton
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: shelly@indyateam.com
  • Attribution Contact: shelly@indyateam.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Roughed In, Unfinished, Egress Window(s)
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Kitchen Exhaust, Microwave, Oven, Convection Oven, Electric Oven, Gas Oven, Refrigerator, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Raised Ceiling(s), Walk-in Closet(s), Windows Vinyl, Entrance Foyer, Center Island, Pantry
  • Living Area: 2917
  • Other Equipment: Radon System, Smoke Alarm, Sump Pump
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1313
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1604

Exterior Features

  • Construction Materials: Brick, Cement Siding, Shingle/Shake
  • Fencing: Fence Full Rear, Privacy, Gate
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck Main Level, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Tandem
  • Garage Parking Other: Finished Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Laundry Features: Upper Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Management
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association Phone: 317-262-4989
  • Association YN: Yes
  • Management Company Name: PMI
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Management, Other

Schools

  • Middle Or Junior School: Pendleton Heights Middle School

Lot Info

  • Lot Features: Corner Lot, Sidewalks
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 13852
  • Parcel Number: 481417400046000013
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4278
  • Tax Lot: 46
  • Semi Annual Property Tax Amt: 2139
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Pendleton Elementary School
  • High School: Pendleton Heights High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Jun 6, 2025
Sold by
Hughes Rachelle and Hughes-Grund Rachelle
Bought by
Wright Derek and Wright Molly
Seller's Agent
Shelly Hughes
Indy A-Team Realty
Buyer's Agent
Leigh Rogers
RE/MAX Legacy
List Price
$485,000
Sold Price
$497,000
Premium/Discount to List
$12,000
2.47%
Views
34
Current Estimated Value
$501,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,590
Avg. Annual Appreciation
1.86%
Original Mortgage
$315,000
Outstanding Balance
$314,191
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$187,399

Purchase Details

Listed on
Nov 2, 2022
Closed on
Oct 28, 2022
Sold by
Silverthorne Homes
Bought by
Hughes Rachelle
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Shelly Hughes
Indy A-Team Realty
List Price
$435,094
Sold Price
$435,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$413,930
Interest Rate
4.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed -- Enterprise Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $413,930 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2025 06/06/25 Sold $497,000 +2.5% $170 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $485,000 +11.5% $166 / Sq Ft
11/02/2022 11/02/22 Sold $435,094 0.0% $149 / Sq Ft View Prior Sale
11/02/2022 11/02/22 For Sale $435,094 -- $149 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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
2025 $4,623 $462,300 $66,700 $395,600
2024 $4,623 $462,300 $66,700 $395,600
2023 $4,277 $427,700 $63,600 $364,100
2022 $24 $2,000 $2,000 $0
2021 $41 $1,700 $1,700 $0
2020 $135 $600 $600 $0
2019 $16 $600 $600 $0
2018 $16 $600 $600 $0
2017 $17 $600 $600 $0
2016 $17 $600 $600 $0
2014 $17 $600 $600 $0
2013 $17 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22032862

MIBOR Broker Listing Cooperative®

APN: 48-14-17-400-046.000-013