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Sold
  • $1,550,000

    115 W State Road 38, Pendleton, IN 46064

    4beds
    3,435sqft
    Residential, Farm
    Built in 1879
    27.31 Acres Lot
    $1,551,800 Zestimate®
    $451/sqft
    $2,172 Estimated rent

    Home value

    $1,551,800

    $1.38M - $1.74M

    $2,172/mo

    Zestimate® history
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    What's special

    Inground heated poolRound penPool houseHigh-end appliancesStable areasTrailer storageBeautiful home
    HUGE PRICE REDUCTION! 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Caleb Cleek 765-635-9861,

    Jeff Boone Realty, LLC,

    Terry Sheets 765-810-5351,

    Jeff Boone Realty, LLC

    Bought with:

    Deborah Bruggemeier

    Fathom Realty

    Source: MIBOR as distributed by MLS GRID,MLS#: 22043463MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom 2
    • Level: Upper
    • Area: 225 Square Feet
    • Dimensions: 15X15
    Bedroom 3
    • Level: Upper
    • Area: 216 Square Feet
    • Dimensions: 18X12
    Bedroom 4
    • Level: Upper
    • Area: 195 Square Feet
    • Dimensions: 15X13
    Other
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15X13
    Dining room
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 17X12
    Hearth room
    • Level: Main
    • Area: 162 Square Feet
    • Dimensions: 18X9
    Kitchen
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 18X13
    Laundry
    • Level: Main
    • Area: 54 Square Feet
    • Dimensions: 9X6
    Living room
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15X15
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Double Oven, Range Hood, Refrigerator
    Features
    • Attic Access, Attic Stairway, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Vaulted Ceiling(s), Kitchen Island, Ceiling Fan(s), High Speed Internet, Eat-in Kitchen, Wired for Data, Smart Thermostat, Storage, Wired for Sound
    • Basement: Unfinished
    • Attic: Access Only,Permanent Stairs
    • Number of fireplaces: 2
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 3,435
    • Total interior livable area: 3,435 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: Heated, In Ground
    • Fencing: Fenced
    Lot
    • Size: 27.31 Acres
    • Features: Mature Trees, Trees-Small (Under 20 Ft)
    Details
    • Additional parcels included: 481425100003000012
    • Parcel number: 481425100005000012
    • Special conditions: None
    • Horse amenities: None, Arena, Barn, Boarding Facilities, Pasture, Stable(s), Tack Room, See Remarks

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Italianate
    • Property subtype: Residential, Farm
    Materials
    • Stone, Vinyl Siding
    • Foundation: Concrete Perimeter, Stone
    Condition
    • New construction: No
    • Year built: 1879

    Utilities & green energy

    • Water: Private, Other

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Pendleton

    Financial & listing details

    • Price per square foot: $451/sqft
    • Tax assessed value: $1,381,800
    • Annual tax amount: $15,620
    • Date on market: 6/10/2025
    • Cumulative days on market: 395 days

    Price history

    DateEventPrice
    9/9/2026Sold$1,550,000-18.4%$451/sqft
    Source: MIBOR as distributed by MLS GRID #22043463 Report a problem
    7/6/2026Pending sale$1,900,000$553/sqft
    Source: MIBOR as distributed by MLS GRID #22043463 Report a problem
    6/16/2026Price change$1,900,000-32.1%$553/sqft
    Source: MIBOR as distributed by MLS GRID #22043463 Report a problem
    8/11/2025Price change$2,800,000-26.3%$815/sqft
    Source: MIBOR as distributed by MLS GRID #22043463 Report a problem
    10/17/2024Price change$3,800,000+62%$1,106/sqft
    Source: MIBOR as distributed by MLS GRID #21999492 Report a problem
    9/4/2024Price change$2,345,678-47.3%$683/sqft
    Source: MIBOR as distributed by MLS GRID #21999492 Report a problem
    5/21/2024Price change$4,450,000-9.2%$1,295/sqft
    Source: MIBOR as distributed by MLS GRID #21934247 Report a problem
    7/28/2023Listed for sale$4,900,000+276.9%$1,426/sqft
    Source: MIBOR as distributed by MLS GRID #21934247 Report a problem
    4/7/2018Sold$1,300,000+4%$378/sqft
    Source: Agent Provided Report a problem
    3/22/2018Pending sale$1,250,000$364/sqft
    Source: RE/MAX Ability Plus #21528951 Report a problem
    12/19/2017Price change$1,250,000+6.4%$364/sqft
    Source: RE/MAX Ability Plus #21528951 Report a problem
    7/12/2017Price change$1,175,000-7.8%$342/sqft
    Source: MIBOR REALTOR Association #21484272 Report a problem
    4/28/2017Price change$1,275,000-13.6%$371/sqft
    Source: MIBOR REALTOR Association #21397933 Report a problem
    4/25/2017Listed for sale$1,475,000$429/sqft
    Source: MIBOR REALTOR Association #21397933 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,621 +19.2%$1,381,800 +0.8%
    2024$13,107 +3.7%$1,370,700 +31.2%
    2023$12,636 +10.8%$1,044,500 +1%
    2022$11,404 +0.7%$1,034,200 +10.8%
    2021$11,329 +2.9%$933,000 +4.1%
    2020$11,013 +180.6%$896,500 +3.8%
    2019$3,926 +6.7%$863,500 +255.3%
    2018$3,678 -1.3%$243,000 +7%
    2017$3,727 +9.2%$227,200 +1.6%
    2016$3,414 +0.8%$223,700 +9.7%
    2014$3,386 +1.6%$204,000 -2.8%
    2013$3,332 -22.8%$209,900 -5.1%
    2012$4,317 $221,100 -7.2%
    2011-- $238,200 +0.5%
    2010$3,724 -21.3%$237,100 +27.1%
    2009$4,731 $186,600 +90.2%
    2006-- $98,100 -40.1%
    2005-- $163,800
    Find assessor info on the county website

    Neighborhood: 46064

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Pendleton Heights Middle School
    • High: Pendleton Heights High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,551,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,551,800