Movoto Real Estate
Sold on 07/05/2026
  • Exterior
  • Other
  • Kitchen
  • Living
  • Dining
  • Bedroom
  • Bath
  • Entry Way
  • View/Area

115 W State Road 38, Pendleton, IN 46064

$1,550,000

Last sold 07/05/2026 after 394 Days

  • 4

    bed

  • 2

    bath

  • 2,434

    Sqft ($637/Sqft)

House not for sale

About 115 W State Road 38

Property type House
Neighborhood
Year built 1879
HOA fee $0/month
Lot size 27.31 Acre
Parking 2 garage spaces
Property description
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!
Listed by
Listing Agent - Caleb Cleek
Listing Office - Jeff Boone Realty, LLC
Source: MIBOR MLS mls logo
MLS#22043463 • last updated 2 weeks ago
Movoto checked MIBOR MLS for data 9 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air
Levels/Style Two, Italianate
Type Residential
MLS # 22043463
Status Sold
Living Area 2434
Lot Size Range (Acres) >20 Acres
Lot Size (SqFt) 1189623
Year Built 1879
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 4
Basement Unfinished
Total # of Rooms 9
Eating Area Dining Combo/Kitchen, Separate Room
Fireplace Gas Log
Interior Features Attic Access, Attic Stairway, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Vaulted Ceiling(s), Kitchen Island, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Wired For Data, Smart Thermostat, Storage, Wired For Sound
Exterior
Foundation Concrete Perimeter, Stone
Construction Stone, Vinyl Siding
# Garage Spaces 2
Parking Desc Detached
Lot Size (Acres) 27.31
Lot Desc Mature Trees, Trees-Small (Under 20 Ft)
Amenities / Utilities
Fuel Propane Leased
Water Source Private, Other
Sewer/ Septic Septic
Pool Desc Heated, In Ground
Horse Amenities None, Arena, Barn, Boarding Facilities, Pasture, Stable(s), Tack Room, See Remarks
Location
County Madison
Subdivision No Subdivision
Middle School Pendleton Heights Middle School
High School Pendleton Heights High School
High School District South Madison Com Sch Corp
APN 481425100005000000
Lot/ Land Details
Add'L Parcels Desc 481425100003000000
We are not permitted to show value estimates for this property.
  • Sep 2026
    mls logo MLS # 22043463
  • Sep 10, 2026 Sold
    $1,550,000 (-18.4%)
  • Jul 6, 2026 Pending
    —
  • Jun 16, 2026 Price Change
    $1,900,000 (-32.1%)
  • Aug 11, 2025 Price Change
    $2,800,000 (-26.3%)
  • Jun 6, 2025 Listed
    $3,800,000
  • Oct 2024
    mls logo MLS # 21999492
  • Oct 17, 2024 Price Change
    $3,800,000 (+62.0%)
  • Sep 2, 2024 Listed
    $2,345,678 (-47.3%)
  • May 2024
    mls logo MLS # 21934247
  • May 21, 2024 Price Change
    $4,450,000 (-9.2%)
  • Jul 28, 2023 Listed
    $4,900,000 (+276.9%)
  • Apr 2018
    mls logo MLS # 21528951
  • Apr 6, 2018 Sold
    $1,300,000 (+4.0%)
  • Mar 22, 2018 Pending
    —
  • Dec 19, 2017 Listed
    $1,250,000 (+6.4%)
  • Nov 2017
    mls logo MLS # 21484272
  • Nov 29, 2017 Withdrawn
    —
  • Oct 3, 2017 Listed
    —
  • Aug 25, 2017 Active W Contingency
    —
  • Jul 12, 2017 Price Change
    $1,175,000 (-7.8%)
  • May 8, 2017 Listed
    $1,275,000
  • May 2017
    mls logo MLS # 21397933
  • May 7, 2017 Expired
    —
  • Apr 28, 2017 Price Change
    $1,275,000 (-13.6%)
  • Feb 6, 2016 Listed
    $1,475,000
  • Year Property taxes Tax assessment
  • 2024
    $15,621 +19.2%
    $1,370,700
  • 2023
    $13,107 +3.7%
    $1,370,700 +31.23%
  • 2022
    $12,636 +10.1%
    $1,044,500 +1.0%
  • 2021
    $11,481 +0.7%
    $1,034,200 +10.85%
  • 2020
    $11,406 +2.9%
    $933,000 +4.07%
  • 2019
    $11,090 +182.5%
    $896,500 +3.82%
  • 2018
    $3,926 +6.7%
    $863,500 +255.35%
  • 2017
    $3,678 +7.7%
    $243,000 +6.95%
  • 2016
    $3,414
    $227,200 +1.56%
  • 2015
    $3,414 +0.8%
    $223,700
  • 2012
    $3,386
    —
  • 115 W State Road 38
    $1.55M
  • 4816 - Madison - Fall Creek
    —
  • 46064
    $349K -6% y/y
  • Pendleton
    $349K -6% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
110 W High St, Pendleton, IN 46064 $216,000 2/1 1,540 0.06
110 N Main St, Pendleton, IN 46064 $289,000 3/1 1,910 0.06
119 S Main St, Pendleton, IN 46064 $508,000 4/2 3,251 0.06
200 W State St, Pendleton, IN 46064 $265,000 2/1 1,235 0.06
108 S Main St, Pendleton, IN 46064 $237,000 2/2 1,456 0.06
114 S Main St, Pendleton, IN 46064 $362,000 1/1 647 0.07
125 S Main St, Pendleton, IN 46064 $456,000 3/1 2,906 0.07
112 W High St, Pendleton, IN 46064 $234,000 3/1 1,350 0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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