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$3,800,000 ↑$1,454,322on 10/17/2024

115 W SR 38 Road Pendleton, IN  46064

  • 4 Beds
  • 2 Baths
  • 2,434 sq. Ft

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Property Description for 115 W SR 38 Road Pendleton, IN 46064

Nestled on 27.31 acres of prime equestrian land, Phoenix Stables offers a unique blend of historic charm and modern equestrian facilities. Located in Pendleton, Indiana, this exquisite property is a haven for horse enthusiasts and those seeking luxurious country living. Originally built in 1879, the Italianate-style main residence has been meticulously maintained & updated, offering 4 bedrooms, 2 bathrooms, and 2,434 sq ft of living space, including 1,433 sq ft on the main level and 1,001 sq ft on the upper level 4 bedrooms, 2 full bathrooms, & an unfinished basement (1,001 sq ft). There is a 24'x24' heated detached 2 car garage. The estate also includes multiple guest homes, state-of-the-art stables, arenas, & extensive pastures. Custom kitchen featuring a gas fireplace & high-end appliances, Wrap-around porch, inground heated pool & pool house & more. Barn 1: A 60' x 80' pole barn, featuring 12 horse stalls, a tack room, & feed/hay storage. Barn 2: A 36' x 48' barn, 5 stalls. Barn 3: A newly built 60' x 176' indoor riding arena with viewers stand and viewer area. Barn 4: A smaller, multi-purpose barn used for storage of equipment and feed, featuring 4 stalls and a tack room. Barn 5: A secondary arena & stabling barn. Outdoor Arena: A professionally lit outdoor arena, perfect for evening riding sessions and events. o Additional Equestrian Amenities: 21 paddocks, round pen, stable areas, trailer storage, and well-maintained boarding facilities.

Address:115 W SR 38 Road Pendleton IN 46064
Status:Active
on site: 69 days
Price:$3,800,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,434
Year Built:1879
Lot Size:27.00
County: Madison County
Township: Fall Creek
School System : South Madison Community
MLS #:202435347
Property Type:Site-Built Home

Lot Dimensions:27 Acres
Lot Description:Level,15+,Pasture
Directions:In Pendleton at intersection of Hwy 36 and Hwy 38 take Hwy 38 3.3 miles to Phoenix Stables on the right.
Total Sq. Ft. :2,434
Garage:Detached
Basement:Yes

Loan Price
$22,542
Price And Interest $19,823/month
Property Tax $1,136/month
MTG INS $0/month
HOME INS $1,583/month
Price
$3,800,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,136/month
Home Owner Insurance
$18,996 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/17/24 $2,345,678 $3,800,000 62%

RoomSizeLevel
Master Bedroom 15 x 13 Main
2nd Bedroom 15 x 15 Upper
3rd Bedroom 18 x 12 Upper
4th Bedroom 15 x 13 Upper
Kitchen 18 x 13 Main
Dining Room 17 x 12 Main
Living Room 15 x 15 Main

Semi-Annual Property Tax:$6,818
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46064

High School:Pendleton
Middle School:Pendleton
Elementary School:Pendleton

Total Sq. Ft.:2,434
Appliances:Dishwasher, Refrigerator, Pool Equipment, Range-Gas
Exterior Features:Stone, Vinyl
Fuel:Propane, Forced Air
Fireplace(s):Breakfast Room, Gas Log
Cool:Central Air
Heat:Propane, Forced Air
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Cody Coffey with United Country Coffey Realty & Auction

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Pendleton Market Report

53
Avg. DOM
$198.57
Avg. $ / Sq.Ft.
$ 344,900
Med. List Price

The house prices in Pendleton are indeed dropping at the moment. There has been a decrease in price of $9,175.01. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Pendleton are going Down. The average house price is $330,000.00 and the average price per square feet is $202.92 per square feet. At the moment, the amount of homes listed is exactly 918 houses, with 46 with active status, 39 with pending status and 833 sold in Pendleton .

The most popular place to buy a home in Pendleton is 4815 - Madison - Greene. 4815 - Madison - Greene is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Pendleton .

The average amount of property taxes you would have to pay for a home in Pendleton is $2,805.49. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Pendleton are staying listed for an average of 73 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Pendleton was 11010 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Pendleton is $3,800,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Pendleton is $225,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Pendleton in year 1879 and the newest built house is in year 2024.

The average size of properties in Pendleton is 2279.83 sq.ft. , the biggest one being 6508 sq.ft. and the smaller being 1210 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.