Property
$950,00010 Acres4 beds • 3 baths • 4,545 sq ft
For Sale
For Sale
$950,00010 Acres
For Sale
4 beds • 3 baths • 4,545 sq ft

5159 State Road 38, Richmond, IN 47374 - Wayne County

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Property ID 25299554

10 Acres • 4545 SF Estate • Indoor Arena & Option to Buy 150 add'l Acres!!

Timeless architecture meets contemporary refinement in this late-19th century Villa Italianate estate on 10 acres in Richmond, IN. Blending historic character with modern luxury and sprawling equestrian facilities, this property is unlike any other in Wayne County. The home showcases hallmark Italianate features tall arched windows (recently replaced with high-end aluminum-clad Marvin windows), and ornate corbels and cornices. Inside, soaring 11' ceilings, original working transoms over doors, and original woodwork preserve period character. Natural light cascades into the massive 19' 28' kitchen through an entire wall of southern-facing doors, reclaimed from a country club in upstate New York. The kitchen is appointed with solid-wood custom cabinetry, fitted to the Sub-Zero refrigerator as well for a seamless look. Huge slabs of granite (imported from India) adorn the walls, forming the backsplash, countertops, and even the elongated double bowl sink. The focal point of this amazing space is a Lacanche range handcrafted in Burgundy, France. All 3 full bath counters, backsplash, and sinks are finished with the same imported granite, and high-end fixtures/faucets. Outdoor living includes five porches all decked with Ipe (Brazillion hardwood), terraced gardens with dwarf fruit trees, decorative iron fencing with custom gate. Equestrian amenities are exceptional: a 72' 120' indoor arena (2019) with skylights, kick-walls, and dual sliding doors (16x16), a 36' 72' barn with four (expandable to eight) stalls, breezeway connecting stalls to arena, heated/cooled tack room, a round pen, plus three additional buildings; 36x54 (built 2003), 50x65, and 30x40. Separate 200-amp service and an extra well serve all barns. Major systems include a geothermal loop (2009) and a new mound septic (2025) ADDITIONAL ACREAGE FROM THE ADJOINING 150 ACRES MAY BE PURCHASED WITH THE PROPERTY. FINAL ACREAGE AND BOUNDARIES TO BE DETERMINED BY SURVEY AND SUBJECT TO SELLER APPROVAL

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Coldwell Banker Lingle

Richmond, IN

(765) 679-6125
Listing provided by
Jeff Mustard
Coldwell Banker Lingle(765) 679-6125
Source: Coldwell Banker, MLS# 10052273
Listing last updated: November 15, 2025 at 7:26 AM
Listing last checked: December 27, 2025 at 3:30 AM
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Jeff Mustard

Coldwell Banker Lingle

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Jeff Mustard

Jeff Mustard

Coldwell Banker Lingle