492 Valley Drive Martinsville, IN $ 500,000
492 Valley Drive
$ 500,000
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492 Valley Drive

Martinsville, IN, 46151
$ 500,000
Bedrooms3 Baths3.0 Sq 4,305

Monthly Estimate*

$ 3,079

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Single Family Home for sale in Martinsville, IN

for $500,000 with 3 bedrooms and 3 full baths. This 4,305 square foot home was built in 1976 on a lot size of 0.61.

This well-maintained all-brick hilltop home offers 3 bedrooms (potential 4th in the basement) and 3 full bathrooms, thoughtfully combining space, functionality, and comfort in a charming community. The open-concept main level features rich cherry wood floors throughout the kitchen, great room, and dining area, with soaring cathedral ceilings in the great room that create an airy, open feel. The expansive kitchen is designed for both everyday living and entertaining, boasting an island, abundant cherry cabinetry, generous counter space, and seamless flow into the spacious great room with a warm, inviting fireplace and cathedral ceilings. Pella windows throughout the home enhance natural light and energy efficiency. A nicely appointed laundry room with abundant cabinetry adds convenience and extra storage to the main level. The finished walk-out basement provides exceptional versatility, including potential in-law quarters. This level features a family room with a bar area, a possible bedroom or game room, an office, two storage rooms, and a full bathroom-offering flexible space to accommodate a variety of living arrangements. Storage is plentiful throughout the home. Outdoor living is equally impressive, with a private backyard that backs to mature woods, creating a peaceful and secluded setting. Step from the patio into the gazebo, an ideal space for relaxing, dining, or entertaining while surrounded by nature. An oversized two-car attached garage, along with an additional detached garage and extra parking, provides ample room for vehicles, hobbies, or equipment. Conveniently located near parks, shopping, and schools, this home delivers comfort, versatility, and everyday convenience.

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Single Family Active

Price

$ 500,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 4,500

Style

Traditional

Lot Size

0.61

Year Built

1976

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22078467

Features
Interior
Interior Amenities Breakfast Bar Cathedral Ceiling(s) Kitchen Island Hardwood Floors Eat-in Kitchen
Basement Daylight Finished Walk-Out Access
Total Fireplaces 1
Fireplace Features Gas Log Living Room
Basement (Y/N) Y
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 1725
Main Level Bedrooms 3
Total Baths 3
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General
Heating Baseboard Electric Radiant Ceiling
Cooling Central Air
Possession Negotiable
Appliances Electric Cooktop Dishwasher Electric Water Heater Microwave Oven Refrigerator Trash Compactor
Garage Spaces 3
Patio/Porch Features Gazebo Patio
Architectural Style Traditional
Construction Materials Brick
Year Built 1976
Township Washington
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Morgan
New Construction N
Property Type Residential
HOA N
Subdivision Name Parkview
Garage Y/N Y
Total Rooms 13
Full Baths 3
Status Active
Directions GPS Friendly
High School Martinsville High School
City Martinsville
High School District MSD Martinsville Schools
MLS Area 5512 - Morgan - Washington
Lot Size Square Feet 26441
Property Attached Y/N N
Middle/Junior High School John R. Wooden Middle School
Standard Status Active
Tax Lot 7 8
Virtual Tour https://tours.myersimaging.com/305257
Legal Description Lot 7 Parkview Addn 1' Even Width Off S Side Lot 8 Parkview Addn.
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Exterior
Parking Features Attached Detached
Lot Features Cul-De-Sac Mature Trees
Water Source Public
Foundation Details Block
Building Area Total 4305
Lot Size Acres 0.61
Horse Amenities None
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* Excluded Features
List By
The Modglin Group

Broker

angeesells@yahoo.com

Email

Affordability Calculator

$3,454
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$375
Monthly 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
4046635 Elementary School
4046456 Middle School
Martinsville High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$500,000 Listed Price

Map


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492 Valley Drive, Martinsville, IN, 46151 is a Single Family Home for sale at $500,000 with 4,305 sqft and a lot size of 0.61. 492 Valley Drive has 3 bedrooms, 3.0 baths, and was built in 1976. The property's zip code is 46151 which is in Martinsville, IN