$657,000
SOLD MAR 12, 2025

5982 W State Road 38 Pendleton, IN 46064

5 Beds
4 Baths
3,744 Sq Ft
5.57 Acres

Recently Sold

$175 Per Sq Ft

9% Below List Price

57 Days on Market

Highlights

  • 5.57 Acre Lot
  • Farmhouse Style Home
  • Covered Patio or Porch
  • Pendleton Heights High School Rated 9+
  • No HOA
  • Wood Frame Window

About This Home

As of March 2025

Charming hobby farm close to everything while having that small-town feel! This beautifully restored 1800s farmhouse rests on over 5+ acres in the desirable Pendleton School District. This 3-story, 5 bedroom, 4 bath home has many updates; including brand-new flooring throughout the entire house. This rare find offers endless potential. The property includes 3 vintage barns, chicken coop, and fire pit with shed at the back of the property. The home maintains its historical charm with original woodwork throughout, including a stunning staircase and French doors dividing the expansive living and family rooms. The farmhouse kitchen has a large island and butcher block countertops. Dining area just off kitchen opens onto a spacious deck; perfect for entertaining. The upper level features four generous sized bedrooms and two full bathrooms. The Third floor has the fifth bedroom and additional full bath; ideal for use as a bedroom or flex space. The primary suite offers fresh paint and a spacious ensuite with clawfoot tub, shower stall, and dual sinks. Enjoy the timeless beauty of the property's iconic vintage barn, which showcases rustic wooden beams and traditional wood peg construction. The oversized 30x60 garage accommodates farm equipment, boats, or larger vehicles, while the workshop provides ample space for tools, woodworking, or storage. This property is a unique opportunity to enjoy open space and tranquility just minutes from all the conveniences of Hamilton Town Center, Noblesville, Fishers, Muncie, and Anderson.

Last Agent to Sell the Property

Jim Gilday

eXp Realty, LLC Brokerage Email: JIM@THEGILDAYGROUP.COM License #RB14048800 Listed on: 11/12/2024

eXp Realty, LLC

Last Buyer's Agent

Pamela Crew

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1899

Lot Details

  • 5.57 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Wood Frame Window
  • Window Screens
  • Storage

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot /0
  • Assessor Parcel Number 481418300001000012
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,100

Year Built

Built in 1899

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1899
  • Building Area Total: 3744
  • Garage Y N: Yes
  • Lot Size Acres: 5.57
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: JIM@THEGILDAYGROUP.COM
  • Attribution Contact: JIM@THEGILDAYGROUP.COM
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Bath Sinks Double Main, Center Island, Pantry, Screens Some, Supplemental Storage, Walk-in Closet(s), Windows Vinyl, Windows Wood, Wood Work Stained
  • Living Area: 3744
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1376
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 2368
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Other
  • Exterior Features: Barn Storage, Storage Shed, Other
  • Fencing: Partial
  • Foundation Details: Block
  • Patio And Porch Features: Covered Porch
  • Pool Private Y N: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Connected, Gas, See Remarks
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Pendleton Heights Middle School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 242455
  • Parcel Number: 481418300001000012
  • Acres: 5-10 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3100
  • Tax Lot: /0
  • Semi Annual Property Tax Amt: 1550

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
Nov 12, 2024
Closed on
Mar 7, 2025
Sold by
Oliver Daniel R and Oliver Brianna G
Bought by
Butler Justin A and Butler Chassity
Seller's Agent
Jim Gilday
eXp Realty, LLC
Buyer's Agent
Pamela Crew
Highgarden Real Estate
List Price
$725,000
Sold Price
$657,000
Premium/Discount to List
-$68,000
-9.38%
Views
214
Current Estimated Value
$656,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$505
Avg. Annual Appreciation
-0.13%
Original Mortgage
$657,000
Outstanding Balance
$653,696
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$2,799

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 5, 2017
Sold by
Hosier Peter L and Hosier Janet E
Bought by
Oliver Daniel R and Oliver Brianna G
Seller's Agent
Julie Schnepp
RE/MAX Legacy
Buyer's Agent
Jim Reed
Berkshire Hathaway Home
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$18,250
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 -- None Listed On Document
Deed -- Hamilton National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $657,000 VA
Previous Owner $18,250 New Conventional
Previous Owner $292,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2025 03/12/25 Sold $657,000 -2.7% $175 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
12/03/2024 12/03/24 Price Changed $674,900 -3.6% $180 / Sq Ft
12/02/2024 12/02/24 Price Changed $699,900 -3.5% $187 / Sq Ft
11/12/2024 11/12/24 For Sale $725,000 +98.6% $194 / Sq Ft
06/05/2017 06/05/17 Sold $365,000 -1.3% $133 / Sq Ft View Prior Sale
04/25/2017 04/25/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $369,900 -- $134 / 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
2024 $3,166 $275,800 $44,600 $231,200
2023 $3,101 $252,200 $42,500 $209,700
2022 $2,698 $234,000 $40,400 $193,600
2021 $2,323 $207,400 $36,800 $170,600
2020 $2,339 $196,900 $34,700 $162,200
2019 $2,285 $190,300 $34,700 $155,600
2018 $2,167 $177,400 $35,300 $142,100
2017 $1,738 $142,900 $30,500 $112,400
2016 $1,409 $126,700 $23,400 $103,300
2014 $1,212 $111,700 $21,800 $89,900
2013 $1,212 $115,300 $21,800 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22009919

MIBOR Broker Listing Cooperative®

APN: 48-14-18-300-001.000-012