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Pending
  • $899,900

    5159 State Road 38, Richmond, IN 47374

    4beds
    4,545sqft
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    Single Family Residence, Residential
    Built in 1870
    10 Acres Lot
    $-- Zestimate®
    $198/sqft
    $-- HOA

    What's special

    Timeless architecture meets contemporary refinement in this late-19th century Villa Italianate estate on 10 acres in Richmond, IN. Blending historic character with modern luxury and sprawling equestrian facilities, this property is unlike any other in Wayne County. The home showcases hallmark Italianate features — tall arched windows (recently replaced with high-end aluminum-clad Marvin windows), and ornate corbels and cornices. Inside, soaring 11' ceilings, original working transoms over doors, and original woodwork preserve period character. Natural light cascades into the massive 19' × 28' kitchen through an entire wall of southern-facing doors, reclaimed from a country club in upstate New York. The kitchen is appointed with solid-wood custom cabinetry, fitted to the Sub-Zero refrigerator as well for a seamless look. Huge slabs of granite (imported from India) adorn the walls, forming the backsplash, countertops, and even the elongated double bowl sink. The focal point of this amazing space is a Lacanche range handcrafted in Burgundy, France. All 3 full bath counters, backsplash, and sinks are finished with the same imported granite, and high-end fixtures/faucets. Outdoor living includes five porches – all decked with Ipe (Brazillion hardwood), terraced gardens with dwarf fruit trees, decorative iron fencing with custom gate. Equestrian amenities are exceptional: a 72' × 120' indoor arena (2019) with skylights, kick-walls, and dual sliding doors (16’x16’), a 36' × 72' barn with four (expandable to eight) stalls, breezeway connecting stalls to arena, heated/cooled tack room, a round pen, plus three additional buildings; 36x54 (built 2003), 50x65, and 30x40. Separate 200-amp service and an extra well serve all barns. Major systems include a geothermal loop (2009) and a new mound septic (2025) ADDITIONAL ACREAGE FROM THE ADJOINING 150 ACRES MAY BE PURCHASED WITH THE PROPERTY. FINAL ACREAGE AND BOUNDARIES TO BE DETERMINED BY SURVEY AND SUBJECT TO SELLER APPROVAL
    262 days
    |
    672
    |
    40
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Mustard,

    Coldwell Banker Lingle,

    Anne Liebert,

    Coldwell Banker Lingle

    Source: RLMS,MLS#: 10052273MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Basement
      Bedroom 1
      • Level: Upper
      • Area: 246.16
      • Dimensions: 18.1 x 13.6
      Bedroom 2
      • Level: Upper
      • Area: 289.6
      • Dimensions: 18.1 x 16
      Bedroom 3
      • Level: Upper
      • Area: 262.7
      • Dimensions: 14.2 x 18.5
      Bedroom 4
      • Level: Upper
      • Area: 338.55
      • Dimensions: 18.5 x 18.3
      Bathroom 1
      • Level: Main
      • Area: 40.59
      • Dimensions: 9.9 x 4.1
      Bathroom 2
      • Level: Upper
      • Area: 114.4
      • Dimensions: 10.4 x 11
      Dining room
      • Level: Main
      • Area: 393.12
      • Dimensions: 18.2 x 21.6
      Family room
      • Description: Parlor #1
      • Level: Main
      • Area: 279
      • Dimensions: 15.5 x 18
      Kitchen
      • Level: Main
      • Area: 530.75
      • Dimensions: 19.3 x 27.5
      Living room
      • Level: Main
      • Area: 327.61
      • Dimensions: 18.1 x 18.1
      Office
      • Description: Parlor #2
      • Level: Main
      • Area: 247.52
      • Dimensions: 18.2 x 13.6
      Heating
      • Geothermal, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Electric Range, Refrigerator, Electric Water Heater
      Features
      • Has basement: Yes
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 4,545
      • Total interior livable area: 4,545 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Detached, 5+, Garage-Detached
      • Has garage: Yes
      Features
      • Levels: Two
      • Patio & porch: Covered, Deck, Porch
      • Fencing: Partial,Back Yard
      Lot
      • Size: 10 Acres
      • Dimensions: 10 ACRES
      Details
      • Parcel number: ASK AGENT
      • Zoning: A1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick, Stick
      • Roof: Asphalt
      Condition
      • Year built: 1870

      Utilities & green energy

      • Electric: Duke Energy
      • Gas: None
      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Location
      • Region: Richmond

      Financial & listing details

      • Price per square foot: $198/sqft
      • Tax assessed value: $555,500
      • Annual tax amount: $5,490
      • Date on market: 10/23/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,212/mo

        Price history

        DateEventPrice
        6/24/2026Pending sale$899,900$198/sqft
        Source: RLMS #10052273 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,490 -7%$555,500 +10.5%
        2024$5,906 -13.2%$502,700 +5.1%
        2023$6,804 +12.8%$478,400 -4.6%
        2022$6,030 +28.1%$501,600 +11.4%
        2021$4,707 +8.1%$450,400 +14.2%
        2020$4,355 +0.9%$394,500 -1%
        2019$4,317 +14.3%$398,500 -0.3%
        2018$3,777 +28.7%$399,700 +7.1%
        2017$2,934 +6.1%$373,300 +13.2%
        2016$2,767 +1.6%$329,900 -3%
        2014$2,723 -3.6%$340,000 +8%
        2013$2,824 -2.3%$314,700 +3.3%
        2012$2,889 +38.9%$304,500 +5%
        2011$2,080 -6.8%$289,900 +0.2%
        2010$2,231 -3.2%$289,300 -4.6%
        2009$2,305 +15.1%$303,200 +22.2%
        2007$2,002 $248,200 +2.2%
        2006-- $242,900 +32.8%
        2005-- $182,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47374

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Northeastern
        • Middle: Northeastern
        • High: Northeastern

        Source: RLMS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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