115 W State Road 38 Pendleton, IN $ 2,800,000
115 W State Road 38
$ 2,800,000
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115 W State Road 38

Pendleton, IN, 46064
$ 2,800,000
Bedrooms4 Baths2.0 Sq 3,435

Monthly Estimate*

$ 17,240

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Single Family Home for sale in Pendleton, IN

for $2,800,000 with 4 bedrooms and 2 full baths. This 3,435 square foot home was built in 1879 on a lot size of 27.31.

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!

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Single Family Active

Price

$ 2,800,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 15,620

Style

Italianate

Lot Size

27.31

Year Built

1879

Town/City

Pendleton

County/Region

Madison

MLS | Web ID

22043463

Features
Interior
Interior Amenities Attic Access Attic Stairway Breakfast Bar Built-in Features Cathedral Ceiling(s) Vaulted Ceiling(s) Kitchen Island Paddle Fan Hardwood Floors Hi-Speed Internet Availbl Eat-in Kitchen Wired for Data S
Basement Unfinished
Total Fireplaces 2
Fireplace Features Gas Log
Basement (Y/N) Y
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 1
Total Baths 2
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General
Heating Forced Air
Cooling Central Air
Possession Subject to Tenant Rights
Appliances Dishwasher Disposal Microwave Double Oven Range Hood Refrigerator
Garage Spaces 2
Architectural Style Italianate
Pool Features Heated In Ground
Construction Materials Stone Vinyl Siding
Year Built 1879
Township Fall Creek
Levels Two
Property Subtype Farm
Tax Year 2024
Additional Parcels Description 481425100003000012
County Madison
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 9
Full Baths 2
Status Active
Directions GPS Friendly
High School Pendleton Heights High School
City Pendleton
High School District South Madison Com Sch Corp
MLS Area 4816 - Madison - Fall Creek
Lot Size Square Feet 1189623
Property Attached Y/N N
Middle/Junior High School Pendleton Heights Middle School
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 481425100005000012
Legal Description Ne 25/18/7 (19.519Ac) & Ne Adm Plat 06-221 7.793 Ac 7.7930Acres Str: 25187 Section: Plat: In: Out:
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Exterior
Parking Features Detached
Lot Features Mature Trees Trees-Small (Under 20 Ft)
Water Source Private Other
Foundation Details Concrete Perimeter Stone
Building Area Total 3435
Lot Size Acres 27.31
Waterfront Y/N N
Horse Amenities None Arena Barn Boarding Facilities Pasture Stable(s) Tack Room See Remarks
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* Excluded Features
List By
Jeff Boone Realty, Llc

Broker

Caleb@jeffboonerealty.com

Email

Affordability Calculator

$18,542
Per Month
93%
7%
0%
Monthly Principal & Interest
$17,240
Monthly Property Taxes
$1,302
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045147 Elementary School
4046946 Middle School
Pendleton Heights High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2025$2,800,000 -26.32% Price Down
6/10/2025$3,800,000 Listed Price

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115 W State Road 38, Pendleton, IN, 46064 is a Single Family Home for sale at $2,800,000 with 3,435 sqft and a lot size of 27.31. 115 W State Road 38 has 4 bedrooms, 2.0 baths, and was built in 1879. The property's zip code is 46064 which is in Pendleton, IN