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423 E State Road 38

Pendleton, IN 46064

5 beds
5 baths
6,508 sqft
~47 acre lot
$368 per sqft
1985 build

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.

Listing courtesy of MIBOR / Keller Williams Indy Metro NE

Last checked: Checking… • Last updated Mar 19, 2024 •

MLS# 21968652 —

The Building

Year Built:

1985
New Construction:

false
Construction Materials:

Brick
Architectural Style:

TraditonalAmerican
Levels:

Two
Basement:

false
Foundation Details:

Block
Patio And Porch Features:

Covered Patio, Covered Porch, Deck UP
Exterior Features:

Balcony, Barn Pole, Barn Storage, Carriage/Guest House, Out Building With Utilities, Outdoor Kitchen
Accessibility Features:

No
Green Certification:

No
Upper SqFt:

3829
Building Area Total:

6508

Interior

Rooms:

12
Rooms Total:

12
Rooms Total:

12
Interior:

Laundry in Unit
Interior Features:

Attic Access, Attic Pull Down Stairs, Vaulted Ceiling(s), Center Island, Entrance Foyer, Walk-in Closet(s), Wet Bar
Kitchen Features:

Kitchen Updated
Other Equipment:

Iron Filter, Smoke Alarm
Eating Area:

Breakfast Room
Laundry Features:

Laundry Room, Main Level
Fireplaces Total:

2
Fireplace Features:

Gas Log, Great Room, Hearth Room, Masonry

Room Dimensions

SqFt:

6508
Main Level SqFt:

2679
Living Area:

6508

Location

Directions:

GPS Friendly
Latitude:

39.991105
Longitude:

-85.664962

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

481319900001000001
Acres:

>20 Acres
Lot Features:

Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
Lot Size Acres:

47.25
Lot Size SqFt:

2,058,123 Sqft
Price Per Acre:

50794
Property Condition:

Updated/Remodeled
Additional Parcels:

false
View:

false
Waterfront:

false
Fencing:

Invisible, Split Rail
Horse Amenities:

Barn, Pasture, Riding Trail, Stable(s), Tack Room
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

48-13-19-900-001.000-001
Tax Year:

2023
Tax Exemptions:

Homestead Tax Exemption
Semi Annual Property Tax Amt:

2745

Beds

Beds:

5
Bedrooms:

5
Bedrooms Total:

5
Main Level Bedrooms:

1
Primary Bedroom Description:

Closet Walk in
# of Bedrooms Upper:

4

Baths

Baths:

5
Full Baths:

3
Full Baths:

3
Half Baths:

2
Half Baths:

2
Full Baths Main:

1
Half Baths Main:

2
Full Baths Upper:

2

The Listing

Virtual Tour Branded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour
Buyer's Brokerage Compensation:

2.5

Heating & Cooling

Heating:

Dual, Electric, Forced Air, High Efficiency (90%+ AFUE )
Cooling:

Central Electric

Utilities

Utilities:

Electricity Connected
Water Source:

Private Well
Solid Waste:

No

Appliances

Appliances:

Gas Cooktop, Dishwasher, Disposal

Schools

Elementary School:

Pendleton Elementary School
Middle Or Junior School:

Pendleton Heights Middle School
High School:

Pendleton Heights High School
High School District:

South Madison Com Sch Corp

The Community

Subdivision Name:

No Subdivision
Pool Features:

Heated, In Ground, Liner, Outdoor Pool, Pool Cover, Salt Water
Pool Private:

true
Association:

false

Parking

Parking Features:

Attached, Asphalt, Garage Door Opener
Garage:

true
Garage Spaces:

3
Garage Parking:

Finished Garage,Garage Door Opener,Service Door
Garage SqFt:

1150

Monthly cost estimate

Asking price

$2,400,000

Expense	Monthly cost
Mortgage	$12,851
Taxes	$457
Insurance	$660
Utilities	$240 See report
Total	$14,208/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

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Bike Score®

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/15/24 Mar 15, 2024	Listed / Active	MIBOR	$2,400,000

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This house located in IN 46064 is currently for sale for $2,400,000. 423 E State Road 38 is a 6,508 square foot house with 5 beds and 5 baths. This house is in the attendance area of Pendleton Heights High School.

Listing Courtesy of: MIBOR and Keller Williams Indy Metro NE.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.