47 E  State Road 38, Pendleton, IN 46064
Property image
Property image
FOR SALE
NEW - 2 HRS AGO
3D VIEW
5.98 ACRES

47 E State Road 38
Pendleton, IN 46064

  • 6 Beds
  • 5 Baths
  • 6,934 sqft (on 5.98 acres)

$1,200,000

Est. Mortgage $7,030/mo*

$1,200,000

Est. Mortgage $7,030/mo*
6 Beds
5 Baths
6,934 sqft
(on 5.98 acres)

Home Highlights

Parking
4 Car Garage
Outdoor
Porch, Pool
Climate Control
Heating & Cooling
Price/Sqft
$173
Listed
Less than a day ago

Local Information

  • Map ViewExplore the area around 47 E State Road 38.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Resort-style living awaits at this extraordinary custom estate nestled on 5.97 secluded wooded acres in Pendleton. Designed for both luxurious everyday living and unforgettable entertaining, this one-of-a-kind property offers approximately 4,900 square feet of beautifully crafted living space featuring soaring tongue-and-groove ceilings, exposed beams, walls of windows, and a dramatic floor-to-ceiling gas fireplace. The newly renovated chef's kitchen showcases custom Madison County cabinetry, quartz countertops, premium appliances, and an oversized island that serves as the heart of the home. The flexible floor plan offers 5 to 6 bedrooms, including a private suite above the garage complete with its own full bath, double vanity, and two walk-in closets. Step outside to your own private resort where a heated saltwater pool with waterslide, covered pavilion with gas fireplace, gas fire pit, expansive patios, and beautifully landscaped grounds create the ultimate outdoor living experience. Surrounded by mature woods, this remarkable estate offers exceptional privacy while remaining just minutes from town. With an oversized attached two-plus-car garage, an additional detached two-plus-car garage, thoughtful updates throughout, and a setting that is truly second to none, this is more than a home-it's a lifestyle.

Home Details for 47 E State Road 38

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Ceiling - 9+ feet,Egress Window(s),Finished Ceiling,Finished Walls,Storage SpaceNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Dining Room, Family Room, Great Room, Kitchen, Loft, Mud Room
Beds & Baths
Number of Bedrooms: 6Main Level Bedrooms: 1Number of Bathrooms: 6Number of Bathrooms (full): 4Number of Bathrooms (half): 2Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 6934 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer ConnectedAppliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Exhaust FanDishwasherDisposalLaundry: Main Level,In Basement
Heating & Cooling
Heating: Zoned,Forced Air,High Efficiency (90%+ AFUE )Has CoolingAir Conditioning: Central Air,DualHas HeatingHeating Fuel: Zoned
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Gas Log, Great Room, OutsideHas a Fireplace
Gas & Electric
Electric: 200+ Amp Service, Circuit BreakersHas Electric on Property
Windows, Doors, Floors & Walls
Window: WoodWorkStain/PaintedFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood
Security
Security: Carbon Monoxide Detector(s), Fire Alarm, Fire Escape, Security Lights, Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: Covered, PorchExterior: Lighting, Fire Pit, Smart Lock(s)Foundation: Concrete Perimeter, Crawl Space, Block, Slab
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Other Parking: Garage Parking Other(Finished Garage, Floor Drain, Garage Door Opener, Service Door)No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Attached
Pool
Pool: Heated, In Ground, Outdoor Pool, Pool Cover, Pool Sweep, Salt WaterPool
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 1267 Square Feet

Days on Market

Cumulative Days on Market: 1Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 2011
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Other
Building
Construction Materials: Cedar, Cement Siding, Wood Siding, StoneNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 481330500001000001

Price & Status

Price
List Price: $1,200,000Price Per Sqft: $173
Status Change & Dates
Possession Timing: Negotiable

Location

Direction & Address
City: PendletonCommunity: No Subdivision
School Information
Elementary School: East Elementary SchoolJr High / Middle School: Pendleton Heights Middle SchoolHigh School: Pendleton Heights High SchoolHigh School District: South Madison Com Sch Corp

Agent Information

Listing Agent
Listing ID: 22114285

Building

Building Area
Building Area: 6934 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5.98 Acres

Miscellaneous

BasementMls Number: 22114285Attic: Access Only
Last check for updates: about 3 hours ago
Listing Provided by: Rebecca Wilson
Rhodes Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22114285

Market trends in Pendleton

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$304K
$20.15K
MoM
Sale-to-List Price
Price per sq ft
$151
$6
MoM
Available listings
88
5
MoM

Price History for 47 E State Road 38

DatePriceEventSource
08/09/2026$1,200,000Listed For SaleMIBOR as distributed by MLS GRID #22114285

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Property Tax and Assessment

Year2025
Tax$2,944
Assessment$459,300
Home facts updated by county records

Comparable Sales for 47 E State Road 38

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.67
Single-Family Home
$1,425,000
02/20/26
5
5
13,521
1.32
Single-Family Home
$550,000
01/26/26
5
4
3,446
1.21
Single-Family Home
$386,000
12/12/25
4
2.5
2,803
1.04
Single-Family Home
$308,200
12/23/25
2
2
1,560
1.02
Single-Family Home
$265,000
07/17/26
3
1
1,218
2.14
Single-Family Home
$660,000
11/03/25
4
3
4,935
1.99
Single-Family Home
$210,000
05/26/26
4
2.5
3,699
1.89
Single-Family Home
$495,000
12/12/25
4
3.5
3,842
1.40
Single-Family Home
$349,900
08/27/25
3
2
1,777
1.43
Single-Family Home
$280,000
06/06/26
3
2
1,578

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 47 E State Road 38.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Pendleton

At least 49 Trulia users voted on each feature.
  • 96 % Say yards are well-kept

  • 92 % Say it's dog friendly

  • 88 % Say car is needed

  • 87 % Say there's holiday spirit

  • 86 % Say people would walk alone at night

  • 83 % Say kids play outside

  • 78 % Say parking is easy

  • 77 % Say it's quiet

  • 69 % Say there are sidewalks

  • 69 % Say there's wildlife

  • 67 % Say neighbors are friendly

  • 61 % Say they plan to stay for at least 5 years

  • 59 % Say streets are well-lit

  • 54 % Say there are community events

  • 40 % Say it's walkable to restaurants

  • 25 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Chelsie Taylor
    "It is a close knit but very large community. We have access to several parks, a kayaking lake, and a community center that can be rented out for events. We also are able to vote at the community center and there is a church at the front of the neighborhood. "
  • Drgnwmn58
    "We all look after each other property pets kids if you need anything just let one of us know we got you "
  • Shannon F.
    "People are always walking dogs. A couple of homes don’t have fences and dogs will chase you. Most all neighbors here are responsible pet owners but there are always a few in the crowd..."
  • Accampbell
    "this place is a great place to live. it take a village and here you have one. people always look out for eachother just like family."
  • Mhuff430
    "Everyone is friendly. Plenty of kids for my daughter to play with in the neighborhood. The town is clean "
  • Jennifer B.
    "I’ve lived in town for 3 years. This is a tight community. I feel safe and love the culture. I appreciate that I can walk to most shops and eateries. "
  • Jenny C.
    "small town! everyone knows everyone. great schools!! historic downtown and great park. close to shopping and dining."
  • Joe P.
    "very good schools, we feel very safe here. just love it, all our neighbors help out. there is a true sense of community here."
  • Whitbrooke
    "Festivals we hold such as Christmas in Pendleton, the Fall Festival, Homecoming Parade, the small town feel."
  • Raysindygirl
    "I live here and love it. When I lived in Indy, I always wanted to move here because it is out of the hustle and bustle of Big Indy but close enough to visit. Takes about 20 mins to get to Castleton Mall"
  • ricksmiles77
    "Great area for families or singles. Close to many things at Hamilton Commons or to Anderson, Fishers & Noblesville. Swimming pool, clubhouse, playground areas. Home backs up to the lake."
  • william_h_30273
    "Great family neighborhood, two parks, swimming, tennis, basketball, volleyball, clubhouse."

LGBTQ Local Legal Protections

Frequently asked questions about 47 E State Road 38

  • What is the estimated monthly payment for 47 E State Road 38?
    Based on a $1,200,000 list price with 20% down at today's rates, the estimated monthly payment for 47 E State Road 38 in Pendleton, IN is approximately $7,122 (about $6,287 principal & interest, $760 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 47 E State Road 38 compare to homes in Pendleton?
    47 E State Road 38 in Pendleton, IN is listed at $1,200,000, about 294% above the $304K median sale price in Pendleton.
  • What do residents say about Pendleton?
    Residents describe Pendleton, IN as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See homes for sale in Pendleton, IN.
  • What are the closest schools to 47 E State Road 38?
    The closest schools to 47 E State Road 38 in Pendleton, IN are East Elementary School (rated 7/10), Pendleton Heights High School (rated 9/10), Pendleton Heights Middle School (rated 6/10).
  • Does 47 E State Road 38 have air conditioning?
    Yes, 47 E State Road 38 in Pendleton, IN has air conditioning.
  • Does 47 E State Road 38 have a pool?
    Yes, 47 E State Road 38 in Pendleton, IN has a pool.
Rebecca Wilson, Rhodes Realty, LLC
Based on information submitted to the MLS GRID as of 2026-08-09 06:52:56 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
47 E State Road 38, Pendleton, IN 46064 is a 6 bedroom, 6 bathroom, 6,934 sqft single-family home built in 2011. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 9, 2026. The MLS # for this home is MLS# 22114285.