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$2,800,000
155 Days On Site

115 W State Road 38
Pendleton, IN 46064

For Sale|Farm|Active
4
Beds
2
Total Baths
2
Full Baths
2,434
SqFt
$1,150
/SqFt
1879
Built
Subdivision:
No Subdivision
County:
Madison
Listing courtesy of Jeff Boone Realty, LLC 7656359861

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

115 W State Road 38115 W State Road 38115 W State Road 38115 W State Road 38
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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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Listing Snapshot
Price 
$2,800,000
Days On Site 
155 Days
Bedrooms 
4
Inside Area (SqFt) 
2,434 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
27.31 Acres
Year Built 
1879
MLS® Number 
22043463
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 months agoStatus changed to Active
3 months agoPrice changed to $2,800,000
3 months agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Acres 
27.31
Foundation 
Concrete PerimeterStone
Garage 
Yes
Garage Spaces 
2
Levels 
Two
Parking 
Detached
Property Sub Type 
Farm
SqFt Total 
3435
Style 
Italianate
Utilities 
Propane
Water Source 
PrivateOther
Interior Features
Appliances 
DishwasherDisposalMicrowaveDouble OvenRange HoodRefrigerator
Basement 
Unfinished
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Gas Log
Fireplaces 
2
Flooring 
Hardwood
Heating 
PropaneForced Air
Interior 
Breakfast BarBuilt-in FeaturesCathedral Ceiling(s)Vaulted Ceiling(s)Kitchen IslandEat-in KitchenWired for DataSmart ThermostatStorageWired for Sound
Main Level Bedrooms 
1
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Exterior Features
Construction Details 
Vinyl SidingStone
Other Structures 
Barn(s)
Pool Features 
HeatedIn Ground
Private Pool 
Yes
Community Features
Horse Property 
NoneArenaBarnBoarding FacilitiesPastureStable(s)Tack RoomSee Remarks
MLS Area 
4816 - Madison - Fall Creek
School District 
South Madison Com Sch Corp
Township 
Fall Creek
Schools
School District
South Madison Com Sch Corp
Elementary School
Unknown
Middle School
Pendleton Heights Middle School
High School
Pendleton Heights High School
Listing courtesy of Jeff Boone Realty, LLC 7656359861



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2025-11-12 07:01 PM 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.

Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

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