115 W SR 38 Road, Pendleton, IN 46064

$2,345,678 Asking Price

4 beds
2 baths
3,435  sqft
Built in 1879

IMPORTANT NOTICE: The list price of $2,345,678.00 is provided solely for filtering purposes. All bids or offers must be submitted by 3:00 PM EDT on Wednesday October 9, 2024. Interested buyers are required to review and sign the Terms & Conditions of the sale, available in the attached documents. 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.

Features & Amenities

Interior

Basement:
Partial Basement
Flooring:
Hardwood Floors,Tile
A/C:
Central Air
Heating:
Propane,Forced Air
Fireplace:
Breakfast Room,Gas Log, Fireplace, Fireplaces: 1

Exterior

General:
Stone,Vinyl
Style:
Historic
Pool:
Below Ground

Construction

Roofing:
Asphalt
General:
Two Story, Partial Basement

Location

HOA Amenities:
Not Applicable
School District:
South Madison Community S.D.

Lot

Driveway:
Asphalt,Gravel
Zoning:
Ne 25/18/7 (19.519Ac) and NE ADM Plat 06-221 7.793 AC (25-18-7 L 1 00007.793A The listing includes two parcels (48-14-25-100-005.000-012 and 48-14-25-100-003.000-012). The tax totals and the acreage total includes both parcels., 48-14-25-100-005.000-012
Fencing:
Full,Wood

Utilities

Water:
Well

This listing courtesy of:
United Country Coffey Realty & Auction, Cody Coffey

About Pendleton, IN

Housing

Number of Units
6,018
Median Home Value
$191,849
Median Rent
$737

17.45% of housing units are renter occupied.

5.31% are vacant.

Commute

Car
74.32%
Public Transportation
0.00%
Walk to Work
0.70%
Work from Home
24.21%
Other
0.78%

The median travel time to work is 21 minutes.

People

Population
16,550
Median Age
40.80
Median Household Size
2.77

Education

High School
35.36%
Associate’s Degree
8.44%
Bachelor’s Degree
20.00%
Graduate Degree
8.82%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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