47 E State Road 38, Pendleton, IN 46064
Property image
Property image
PENDING
3D VIEW
5.98 ACRES

$1,200,000

  • 6 Beds
  • 5 Baths
  • 5,072 sqft (on 5.98 acres)

47 E State Road 38, Pendleton, IN 46064

Est. Mortgage $7,482/mo*
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Home Highlights

Single-Family Home
Built in 2011
5.98 acre lot
$237/sqft
4 Car Garage

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

What's unique:Dramatic floor-to-ceiling gas fireplaceAdditional detached two-plus-car garageBeautifully landscaped groundsSurrounded by mature woodsQuartz countertopsExceptional privacy
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 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 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.
Last check for updates: about 4 hours ago
Listing Provided by: Rebecca Wilson
Rhodes Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22114285
Also Listed on MIBOR as distributed by MLS GRID.

Home Details for 47 E State Road 38

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, Utility 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: 5072 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/Painted
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
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: 6Days on Market: 49

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: $237
Status Change & Dates
Off Market Date: Fri Aug 14 2026Possession Timing: Negotiable

Active Status

MLS Status: Pending

Media

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: 5072 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5.98 Acres

Miscellaneous

BasementMls Number: 22114285Attic: Access OnlyAttribution Contact: becky@rhodesrealty.com

Around this home

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. "
    0
    Flag
  • Drgnwmn58
    "We all look after each other property pets kids if you need anything just let one of us know we got you "
    0
    Flag
  • 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..."
    10
    Flag
  • 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."
    0
    Flag
  • Mhuff430
    "Everyone is friendly. Plenty of kids for my daughter to play with in the neighborhood. The town is clean "
    2
    Flag
  • 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. "
    1
    Flag
  • Jenny C.
    "small town! everyone knows everyone. great schools!! historic downtown and great park. close to shopping and dining."
    1
    Flag
  • 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."
    1
    Flag
  • Whitbrooke
    "Festivals we hold such as Christmas in Pendleton, the Fall Festival, Homecoming Parade, the small town feel."
    2
    Flag
  • 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"
    0
    Flag
  • 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."
    0
    Flag
  • william_h_30273
    "Great family neighborhood, two parks, swimming, tennis, basketball, volleyball, clubhouse."
    0
    Flag

Market trends in Pendleton

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
76
3MoM

Home Value

Trulia Estimate
$1.17M
Since last month
Decreased$900 (-0.1%)
Since last year
Increased$564K (+93.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +264% in the last 10 years
MonthEstimated value
2026
September 2026$1.17M
August 2026$1.17M
July 2026$636K
June 2026$639K
May 2026$637K
April 2026$633K
March 2026$618K
February 2026$587K
January 2026$579K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
115 W State Road 38, Pendleton, IN
0.23
Single-Family Home
$1,550,000
09/09/26
4
2
3,435
7590 S 25 E, Pendleton, IN
0.67
Single-Family Home
$1,425,000
02/20/26
5
5
13,521
231 E US Highway 36, Pendleton, IN
1.07
Single-Family Home
$370,000
08/14/26
3
2.5
2,220
7046 Mayapple Ln, Pendleton, IN
1.32
Single-Family Home
$550,000
01/26/26
5
4
3,446
6933 Knoll Crest Way, Pendleton, IN
1.21
Single-Family Home
$386,000
12/12/25
4
2.5
2,803
8237 S 100 E, Markleville, IN
1.04
Single-Family Home
$308,200
12/23/25
2
2
1,560
9189 S 150 W, Pendleton, IN
2.14
Single-Family Home
$660,000
11/03/25
4
3
4,935
8091 S 100 E, Pendleton, IN
1.02
Single-Family Home
$265,000
07/17/26
3
1
1,218
6416 S County Road 100 E, Markleville, IN
1.99
Single-Family Home
$210,000
05/26/26
4
2.5
3,699
865 W Barouche, Pendleton, IN
1.89
Single-Family Home
$495,000
12/12/25
4
3.5
3,842

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
W State St #38, Pendleton, IN 46064
0.08
-
-
-
-
Off Market
115 W State Road 38, Pendleton, IN 46064
0.23
$1,550,000
4
2
3,435
Recently Sold
7590 S 25 E, Pendleton, IN 46064
0.67
$1,425,000
5
5
13,521
Recently Sold
7612 S 50 W, Pendleton, IN 46064
0.66
$469,900
3
2
2,316
Off Market
7447 S 25 E, Pendleton, IN 46064
0.68
$392,000
3
2
2,832
Off Market
8639 S 75 E, Pendleton, IN 46064
0.75
$632,900
2
2
2,578
Off Market
975 E State Road 38, Pendleton, IN 46064
0.99
$206,800
3
2
1,317
Off Market
8091 S 100 E, Pendleton, IN 46064
1.02
$265,000
3
1
1,218
Recently Sold
8237 S 100 E, Markleville, IN 46056
1.04
$308,200
2
2
1,560
Recently Sold
231 E US Highway 36, Pendleton, IN 46064
1.07
$370,000
3
2.5
2,220
Recently Sold
Address Not Disclosed, Pendleton, IN 46064
1.17
-
-
-
-
Off Market
6921 Knoll Crest Way, Pendleton, IN 46064
1.20
$378,000
3
2
2,320
Off Market

Price and Tax history

DateEventPrice
Aug 14, 2026
Source: MIBOR as distributed by MLS GRID #22114285
Pending
$1,200,000
Aug 9, 2026
Source: MIBOR as distributed by MLS GRID #22114285
Listed For Sale
$1,200,000

LGBTQ Local Legal Protections

Rebecca Wilson, Rhodes Realty, LLC
Based on information submitted to the MLS GRID as of 2026-09-27 08:53:18 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

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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 $7,547 (about $6,712 principal & interest, $760 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • 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 8/10), Pendleton Heights High School (rated 10/10), Pendleton Heights Middle School (rated 8/10).
  • What is 47 E State Road 38 estimated to be worth?
    Trulia's estimated value for 47 E State Road 38 in Pendleton, IN is $1,169,300.
  • 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.
47 E State Road 38, Pendleton, IN 46064 is a 6 bedroom, 6 bathroom, 5,072 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.