FOR SALE
$3,800,000
10/9/2024 3:00:00 PM EASTERN DAYLIGHT TIME
, ,
4 beds 2.0 baths 2,434 SqFt 27.31 Acres

Phoenix Stables - Premier Equestrian Estate in Pendleton, IN

115 West State Rd. 38, Pendleton, Indiana 46064 | Madison County


Details

Luxury Living, Equestrian Excellence, and Versatile Event Opportunities

Nestled on 27.31 acres of prime equestrian land, Phoenix Stables offers a unique blend of historic charm, modern equestrian facilities, and potential for diverse event hosting. Located in Pendleton, Indiana, this exquisite property is a haven for horse enthusiasts, those seeking luxurious country living, and individuals looking for a versatile venue. Originally built in 1879, the Italianate-style main residence has been meticulously maintained and updated, offering 4 bedrooms, 2 bathrooms, and 2,434 sq ft of living space. The estate also includes multiple guest homes, state-of-the-art stables, arenas, and extensive pastures, all designed to provide an unparalleled equestrian lifestyle.

Property Features:

  • Main Residence:

    • Historic Italianate architecture with modern amenities

    • Custom kitchen featuring a gas fireplace and high-end appliances

    • 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 spacious bedrooms, 2 full bathrooms, and an unfinished basement (1,001 sq ft) offering potential for additional living space

    • Wrap-around porch providing picturesque views of the surrounding estate

    • 2-car heated garage

  • Equestrian Facilities:

    • Barn 1: A 60' x 80' pole barn, constructed in 2019, featuring 12 horse stalls, 2 med stalls, a tack room, feed room and ample hay storage. This barn is designed for efficient operations and easy access for both horses and equipment.

    • Barn 2: A 36' x 48' barn, built in 2008, equipped with 5 stalls. This barn is ideal for grooming and day-to-day care of the horses.

    • Barn 3: A newly built 60' x 175' indoor riding arena (2023), constructed to IEA standards, never before used. This arena is perfect for year-round training, with ample space for competitive events and practice.

    • Barn 4: A smaller, multi-purpose barn featuring 4 stalls with 3 stalls going to dry lot and a feed room also includes a full bath and laundry.

    • Barn 5: A secondary arena and stabling barn, with 3 additional stalls and a trailer storage area, ensuring your horses have the best care and comfort.

    • Outdoor Arena: A professionally lit outdoor arena, perfect for evening riding sessions and events.

    • Round Pen: A 60' round pen with new sand 

    • Mare and Horse Shades: Most paddocks are equipped with mare or horse shades, providing essential protection and comfort for your animals.

    • Fencing: The property is fully fenced and cross-fenced with more than 3 miles of fencing enclosing the property, ensuring safety and effective management of the horses.

    • Automatic Waterers - Aside from water in the stalls the property includes 10 automatic horse waterers

  • Additional Residences:

    • Guest House 1: A 1,920 sq ft single-story home, perfect for guest accommodations or as a manager’s residence. This home includes 2 bedrooms with built-in custom queen bunk beds, 1 bathroom, a spacious living area, a modern kitchen and new furnace. This home has a covered porch and pond with walk-in beach and custom-built chicken coop.

    • Guest House 2: A cozy 1,008 sq ft single-story cottage, ideal for additional guests or rental income. This residence features 1 bedrooms, 1 bathroom, an open-concept living space and a laundry.

    • Pool House: Complementing the 6' deep in-ground heated pool with new liner, new heater, new pump and sand. is a gas fire-pit.  The pool house includes a bathroom and changing area with 3 cedar lockers, new roof, surround sound for the pool and a gas fireplace making it perfect for summer entertaining.

  • Land and Amenities:

    • The property is a single, cohesive 27.31-acre estate with gently rolling terrain, level pastures, and scenic views. The land is ideal for both equestrian activities and peaceful rural living.

    • 2 private well, septic system, and modern utilities including 2 propane tanks ensure comfortable living with a sustainable lifestyle.

  • Versatile Venue Potential:

    • Phoenix Stables offers a wide array of potential uses beyond just equestrian activities. The expansive grounds and beautiful structures make it an ideal location for an event center, wedding venue, and more. The picturesque setting and ample space provide endless possibilities for hosting special events in a unique and serene environment.

  • Location:

    • Just 4 miles from downtown Pendleton

    • 36 miles from Indianapolis, IN

    • 118 miles from Cincinnati, OH

    • 155 miles from Columbus, OH

    • Proximity to Hoosier Park Racing & Casino and other local attractions

    • Convenient access to major highways, airports, and urban amenities

Phoenix Stables is not just a home; it’s a lifestyle and a business opportunity. Whether you’re a professional equestrian, an avid horse lover, someone seeking a serene and luxurious countryside retreat, or an entrepreneur looking for a versatile event venue, this estate has everything you need.

Property Features

  • Pendleton IN equestrian estate
  • Indiana Horse Farms for Sale
  • Luxury horse property Indiana
  • Indiana Event Center for Sale
  • Historic equestrian homes
  • Wedding Venue Potential
  • Equestrian Facility in Indiana
  • Midwest Country Estate
  • Country Homes
  • Equine Property
  • Farms for Sale
  • Land for Sale
  • Businesses for Sale
  • Call Jimmie Dean (812) 822-3200

Property Details

Street Address:

  115 West State Rd. 38

City:

  Pendleton

State:

  Indiana

Postal Code:

  46064

Country:

  United States

County:

  Madison

Listing ID:

  13055-24120

Courtesy of:

  Coffey Realty & Auction

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