Opportunities like this don't come around often in the heart of downtown Pendleton! Situated on a desirable lot with convenient alley access, this property offers incredible potential. The home is in need of significant renovation and is being sold as-is, making it an ideal candidate for a full remodel or possible tear-down and rebuild. The property features a detached 2-car garage along with an additional storage shed, providing valuable space for tools, equipment, or future use. The lot offers a prime location within walking distance to all that downtown Pendleton has to offer. Whether you're an investor, builder, or buyer looking to create something new, bring your ideas and unlock the potential this property has to offer.
Single-familyProperty Type
1899Year Built
6,486 sq ftLot Size
$44Price/Sq.Ft.
2 car garageParking
Listed by Heather Upton• Keller Williams Indy Metro NE
Listed by Hilary Cabiness• Keller Williams Indy Metro NE
Est. $1,518 per month, based on comparable rentals
Sale and tax history for 215 S Pearl St
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22095967
Jul 6, 2026
Sold
$80,000
$44/sq ft
Jun 9, 2026
Pending
—
May 5, 2026
Price Changed
$100,000
$54/sq ft
Apr 27, 2026
Relisted
—
Apr 21, 2026
Pending
—
Apr 17, 2026
Listed
$125,000
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,179
$21,900 + $99,500
$121,400
2024
$1,180 (+3.7%)
$21,900 + $99,500
$121,400
2023
$1,138 (+23.5%)
$21,900 + $99,500
$121,400
2022
$922 (+11.7%)
$20,800 + $90,500
$111,300
2021
$826 (−11.5%)
$19,900 + $89,700
$109,600
2020
$932 (+18.1%)
$19,900 + $82,800
$102,700
2019
$789 (+11.8%)
$19,000 + $79,000
$98,000
2018
$706 (+18.6%)
$19,000 + $76,700
$95,700
2017
$596 (−1.9%)
$17,500 + $64,100
$81,600
2016
$607 (+2.9%)
$17,500 + $64,100
$81,600
2015
$590 (+2.1%)
$17,500 + $64,800
$82,300
2014
$578 (+3.6%)
$17,500 + $64,800
$82,300
2013
$558
$17,500 + $62,900
$80,400
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1.5
Lot width
46 ft.
Lot depth
141 ft.
Lot size
6,486 Sq. Ft.
Year renovated
1970
Sq. Ft.
1,836
Year built
1963
Style
Single Family Residential
County
Madison County
APN
481421201057000013
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 28, 2026.
RC
Residential Core Conservancy District
Residential Core Conservancy District RC is intended to protect the character of established core residential areas that may be subject to infill development and redevelopment. This district requires that new development and redevelopment follow the established bulk, siting and design characteristics, including smaller lots, shallow front setbacks, similar garages (type, size and placement), alleys where appropriate, pedestrian comfort, similar primary structure scale, and architectural features like front porches. The district must be adequately served by public utilities and infrastructure. All subdivisions require Subdivision approval. All non-residential developments require Development Plan Approval.