$3,800,000

27.31± Acres

Active

Madison County, IN

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115 State Road 38, Pendleton, Indiana

MLS ID: 22043463

Status: Active

Price: $3,800,000

Acres: 27.31±

Type: Farm, Residential, Land

Address: 115 State Road 38

City, State: Pendleton, IN

County: Madison County

ZIP Code: 46064

Lat/Long: 39.986638, -85.675307

Parcel Number: 481425100005000012

Bedrooms: 4

Bathrooms: 2

SqFt: 2,434

Year Built: 1879

Description

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!

Directions: GPS Friendly

Additional Information

Interior

Appliances: Dishwasher, Disposal, Microwave, Double Oven, Range Hood, Refrigerator

Basement (Yes/no): Yes

Basement: Unfinished

Bathrooms Full: 2

Building Area Total: 3,435

Fireplace Features: Gas Log

Fireplaces Total: 2

Garage (Yes/no): Yes

Garage Spaces: 2

Heating: Forced Air

Interior Features: Attic Access, Attic Stairway, Breakfast Bar, Built In Book Shelves, Cathedral Ceiling(s), Vaulted Ceiling(s), Center Island, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Network Ready, Programmable Thermostat, Screens Complete, Storage, Surround Sound Wiring, Window Bay Bow, Windows Thermal

Living Area Source: Assessor

Rooms Total: 9

Exterior

Architectural Style: Italianate

Foundation Details: Concrete Perimeter, Stone

Horse Amenities: None, Arena, Barn, Boarding Facilities, Pasture, Stable(s), Tack Room, See Remarks

Lot Features: Mature Trees, Trees-Small (Under 20 Ft)

Parking Features: Detached

Pool Features: Heated, In Ground

Water Source: Private Well, Other

Financial/HOA/Schools

Additional Parcels (Yes/no): Yes

Additional Parcels: 481425100003000012

Days On Market: 25

Middle School: Pendleton Heights Middle School

High School: Pendleton Heights High School

High School District: South Madison Com Sch Corp

Subdivision Name: No Subdivision

Maps

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Chad Renbarger

Fortville, Indiana

(317) 418-7712

Interested? Contact Us Today About This Listing

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© 2025 MIBOR REALTOR® Association Based on information submitted to the MLS GRID as of July 2, 2025 at 12:00:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By: Caleb Cleek of Jeff Boone Realty, Llc - (765) 635-9861

115 State Road 38, Pendleton, Indiana

Description

Additional Information

Maps

Chad Renbarger

Interested? Contact Us Today About This Listing

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