115 W State Road 38, Pendleton, IN 46064

$1,550,000
4
BD
2
BA
3,435
SqFt

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Sold Price
$1,550,000
List Price
$1,900,000
Closing Date
Sep 09, 2026
MLS#
22043463
Property Type
Residential
Bedrooms
4
Bathrooms
2
Sqft. of Residence
3,435
Year Built
1879
Days on Market
460
Status
SOLD

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!

Additional Information

Basement
Unfinished
Foundation
Concrete Perimeter, Stone
Number of Fireplaces
2
Fireplace Description
Gas Log
Stories
Two
Architecture
Italianate
Interior
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
Acres
27.31
Heat
Forced Air
Fuel
Propane Leased
Cooling
Central Air
Appliances
Dishwasher, Disposal, Microwave, Double Oven, Range Hood, Refrigerator
Semi-Annual Taxes
$7,810
Garage
Yes
Region
Fall Creek
Eating Areas
Dining Combo/Kitchen, Separate Room

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jeff Boone Realty, LLC. Selling Office: Fathom Realty.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative