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$2,400,000

423 E State Road 38 Pendleton, IN  46064

  • 5 Beds
  • 5 Baths
  • 6,508 sq. Ft

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Property Description for 423 E State Road 38 Pendleton, IN 46064

Welcome to a truly unique and highly coveted private estate nestled on 47 picturesque acres in Pendleton. This extraordinary property boasts an expansive custom brick home spanning over 6,000 sq ft, with hundreds of thousands of dollars invested in exquisite upgrades. Designed to cater to discerning tastes, this estate offers an ideal haven for equine enthusiasts, featuring a vast fenced pasture with room to expand, multiple barns, hayfield (~12 acres), impeccably maintained stables, riding and ATV trails parallel with Lick Creek, tack room, plus studio apartment. The 40x80 pole barn further enhance the equestrian facilities. Immerse yourself in the natural splendor of approximately 19 acres of majestic woods, pond, and a meandering creek, creating a sanctuary for a diverse array of wildlife. Outdoor gatherings are effortlessly elevated with a covered porch/lounge area, an inviting outdoor kitchen/bar, a charming dining space, and an enticing inground heated saltwater pool. Experience the epitome of luxury living and embrace the allure of this remarkable estate, where every detail has been meticulously crafted to offer a lifestyle of unparalleled refinement and tranquility.
QuickBuy option for home selling

Address:423 E State Road 38 Pendleton IN 46064
Status:Active
on site: 44 days
Price:$2,400,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths, 2 Half Baths
Sq. Feet:6,508
Year Built:1985
Lot Size:47.25
County: Madison
Township: Adams
MLS #:21968652
Property Type:Single Family Residence

Lot Dimensions:2058123
Lot Features:Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,679
Upper Level Sq. Ft. :3,829
Total Sq. Ft. :6,508

Loan Price
$13,978
Price And Interest $12,520/month
Property Tax $458/month
MTG INS $0/month
HOME INS $1,000/month
Price
$2,400,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$458/month
Home Owner Insurance
$12,000 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 22x16 Main
Dining Room 12x13 Main
Kitchen 19x12 Main
10x5 Main
Breakfast Room 16x13 Main
Hearth Room 13x9 Main
Foyer 17x10 Main
Play Room 21x17 Main
Great Room 22x17 Main
Exercise Room 16x11 Main
Mud Room 9x7 Main
Bedroom 2 18x12 Upper
Bedroom 3 13x11 Upper
Bonus Room 22x15 Upper
Bedroom 4 19x15 Upper
Bedroom 5 19x14 Upper

Semi-Annual Property Tax:$2,745
Tax Year:2023
Other Disclosures:Flood Plain Partial
Mandatory HOA Fee:$

Area: 4817 - Madison - Adams
Subdivision: No Subdivision
Zip Code:46064

Total Sq. Ft.:6,508
Interior Features:Attic Access, Attic Pull Down Stairs, Vaulted Ceiling(s), Center Island, Entrance Foyer, Walk-in Closet(s), Wet Bar
Interior Area(s):Laundry in Unit
Eating Area(s):Breakfast Room
Appliances:Gas Cooktop, Dishwasher, Disposal
Equipment:Iron Filter, Smoke Alarm
Exterior Features:Balcony, Barn Pole, Barn Storage, Carriage/Guest House, Out Building With Utilities, Outdoor Kitchen
Exterior Type:Brick
Fireplace(s):Gas Log, Great Room, Hearth Room, Masonry
Cool:Central Electric
Heat:Dual, Electric, Forced Air, High Efficiency (90%+ AFUE )
Water Heater:Gas Cooktop, Dishwasher, Disposal
Total Rooms:12
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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Schools in 423 E State Road 38 Pendleton, IN  46064


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Listing provided courtesy of Heather Upton with Keller Williams Indy Metro NE from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/14/2024 12:00 AM. 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.



Pendleton Market Report

88
Avg. DOM
$178.06
Avg. $ / Sq.Ft.
$ 406,310
Med. List Price

The house prices in Pendleton are indeed dropping at the moment. There has been a decrease in price of $34,407.11. 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 $397,500.00 and the average price per square feet is $184.96 per square feet. At the moment, the amount of homes listed is exactly 256 houses, with 24 with active status, 36 with pending status and 196 sold in Pendleton .

The most popular place to buy a home in Pendleton is 4816 - Madison - Fall Creek. 4816 - Madison - Fall Creek 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 $1,077.50. 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 93 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 6803 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Pendleton is $2,400,000.00. 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 $199,900.00 . 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 1899 and the newest built house is in year 2024.

The average size of properties in Pendleton is 2579.83 sq.ft. , the biggest one being 6508 sq.ft. and the smaller being 1296 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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