00 Walters Road Martinsville, IN ^$ 450,000

00 Walters Road

^$ 450,000

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00 Walters Road

Martinsville, IN, 46151

^$ 450,000

Studio Baths0.0

Monthly Estimate*

^$ 2,771

00 Walters Road, Martinsville, IN 46151 - Image 1

00 Walters Road, Martinsville, IN 46151 - Image 2

Studio

Lots and Land for sale in Martinsville, IN

for $450,000. The lot size is 27.55.

27 gorgeous rural undeveloped acres already zoned as a residential building site awaits. Land features lots of level ground to explore your options on placement of your dream home & other amenities of your choosing. Mature trees on property as well providing privacy & a great start to your very own private retreat. Enjoy being off the beaten path, but yet close to I-70 making for a quick commute to work, shopping, or whatever you enjoy outside of the country life.

Lots and Land Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 2,600

Style

Residential Lots

Lot Size

27.55

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22071766

Features

General

Sewer Septic Needed

Possession Negotiable

Development Status Surveyed

Zoning Residential

Topography Level

Township Adams

Property Subtype Residential Lots

Tax Year 2024

County Morgan

New Construction N

Property Type Land

Subdivision Name No Subdivision

Other Structures Not Applicable

Status Active

Directions GPS Friendly

High School Eminence Jr-Sr High School

City Martinsville

High School District Eminence Community School Corp

MLS Area 5501 - Morgan - Adams

Elementary School Eminence Elementary School

Current Financing Cash Only

Standard Status Active

Tax Lot 1

Legal Description LOT 1 WHITAKER MINOR PLAT (27.55AC)

Exterior

Lot Size Acres 27.55

Road Surface Type Asphalt

Road Frontage Type County Road

Horse Amenities None

* Excluded Features

List By

Carpenter, Realtors®

Broker

abenge@callcarpenter.com

Affordability Calculator

$2,987

Per Month

Monthly Principal & Interest: $2,771
Monthly Property Taxes: $217
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Martinsville, IN

Average List Price ^$686,531

Percent of Sale Price 53%

About Martinsville, IN

11,435 Population

-4% Since 2002

^$43,007 Median Income

37.97 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4046464 Elementary School

4046584 Middle School

Eminence Jr-Sr High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/25/2026	$450,000	-16.65%	Price Down
11/6/2025	$539,900		Listed Price

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00 Walters Road, Martinsville, IN, 46151 is a Lots and Land for sale at $450,000 with a lot size of 27.55. 00 Walters Road is a studio with 0.0 baths. The property's zip code is 46151 which is in Martinsville, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/2/2026.

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00 Walters Road

Lots and Land for sale in Martinsville, IN

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