Discover a rare opportunity in the heart of historic Pendleton! This charming 3 bedroom home offers a prime location overlooking beautiful Falls Park, where you'll enjoy scenic views, walking trails, and the charm of one of Indiana's most beloved small towns. What truly sets this property apart is the impressive two story detached garage featuring two separate living quarters, offering incredible flexibility for guests, extended family, rental income, Airbnb potential, a home office, or studio space. The main home provides comfortable living with timeless character including original hardwoods, built in cabinets, and a newly updated kitchen. The outdoor setting creates a peaceful backdrop just moments from downtown Pendleton's shops, restaurants, parks, and community events. Whether you're searching for your next home, an investment opportunity, or a property with space to grow, this one checks all the boxes. With its unbeatable location, versatile detached living spaces, and endless possibilities, this is truly a unique property you don't want to miss.
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.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Pendleton, IN • 46064
Average low and high temperatures (°F)
30
16
40
24
59
38
66
46
70
52
81
64
85
69
80
61
80
56
69
46
52
37
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 501 N Pendleton Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $305,000 and $465,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $305K to $465K.