8548 N Observatory Lane Martinsville, IN $ 950,000
8548 N Observatory Lane
$ 950,000
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8548 N Observatory Lane

Martinsville, IN, 46151
$ 950,000
Bedrooms3 Baths2.0 Sq 3,934

Monthly Estimate*

$ 5,849

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Single Family Home for sale in Martinsville, IN

for $950,000 with 3 bedrooms and 2 full baths. This 3,934 square foot home was built in 1950 on a lot size of 23.61.

Tucked away down a private lane behind the renowned Link Observatory, this extraordinary log home rests atop a secluded 23-acre hilltop retreat. What began as a humble cabin has been lovingly expanded over decades by the owner, using timber harvested right from the land itself-making this home truly one of a kind. Step inside to find rich hardwood floors and handcrafted details at every turn. Each room reveals its own personality, from the cozy nooks to the sun-drenched solarium that fills the home with warmth and natural light. The spacious kitchen showcases Amish-made cabinetry, dual sinks, and abundant counter space-ideal for meal prep, entertaining, or gathering with friends and family. At the heart of the home lies the stunning great room-an entertainer's dream-featuring soaring vaulted ceilings, a dramatic wood-burning fireplace, and a custom-built bar perfect for gatherings. Three additional freestanding wood stoves add both warmth and rustic charm throughout the home. The main-level primary suite offers a peaceful retreat with an ensuite bath, a generous walk-in closet connecting to a private office or secondary bedroom, and direct access to the outside. Outside, the magic continues. Multiple decks and a screened porch invite you to take in the surrounding natural beauty from every angle. Several outbuildings provide plenty of space for equipment, ATVs, or hobbies, while several trails wind through your private wooded paradise. The elevated setting offers breathtaking views that rival any mountain cabin-panoramic fall foliage, spectacular sunsets, and even distant fireworks on clear nights. Here, you'll experience nature at your doorstep without sacrificing modern comfort. A property of this caliber is rarely available. This is more than a home-it's a legacy, built by hand and meant to be che

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Single Family Active

Price

$ 950,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,920

Style

Log

Lot Size

23.61

Year Built

1950

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22098461

Features
Interior
Interior Amenities High Ceilings Ceiling Vaulted Kitchen Island Paddle Fan Hardwood Floors Hi-Speed Internet Availbl Eat-in Kitchen Pantry Walk-In Closet(s) Wet Bar Wood Work Stained
Basement Cellar
Total Fireplaces 4
Fireplace Features Free Standing Great Room Masonry Wood Burning
Basement (Y/N) Y
Half Baths 0
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 1
Total Baths 2
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General
Heating Forced Air Propane
Cooling Central Air
Possession Negotiable
Appliances Dishwasher Dryer Microwave Electric Oven Refrigerator Bar Fridge Washer
Garage Spaces 2
Patio/Porch Features Covered Deck Patio Porch Screened
Architectural Style Log
Construction Materials Log Wood Siding
Year Built 1950
View Garden Trees/Woods Valley
Township Clay
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2026
Additional Parcels Description SEE COMMENTS
County Morgan
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Other Structures Outbuilding
Total Rooms 11
Full Baths 2
Status Active
Directions GPS Friendly
High School Martinsville High School
City Martinsville
High School District MSD Martinsville Schools
MLS Area 5506 - Morgan - Clay
Lot Size Square Feet 1028452
Elementary School Centerton Elementary School
Property Attached Y/N N
Middle/Junior High School John R. Wooden Middle School
Additional Parcels Y/N Y
Virtual Tour https://www.tourfactory.com/idxr3228207 https://www.tourfactory.com/3228207
Standard Status Active
Tax Lot 0
Legal Description S23 T13 R1e Pt Sw Nw 13.58 A.
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Exterior
Exterior Amenities Barn Mini Barn Pole Storage Basketball Court Fire Pit
Parking Features Detached Gravel Gated Storage Workshop in Garage Other
Lot Features Not In Subdivision Rural - Not Subdivision Mature Trees Trees-Small (Under 20 Ft) Wooded
Water Source Public
Foundation Details Cellar
Building Area Total 3934
Lot Size Acres 23.61
Waterfront Y/N N
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Keller Williams Indy Metro S

Broker

michellechandler@kw.com

Email

Affordability Calculator

$6,009
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$160
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
4046493 Elementary School
4046456 Middle School
Martinsville High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$950,000 Listed Price

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8548 N Observatory Lane, Martinsville, IN, 46151 is a Single Family Home for sale at $950,000 with 3,934 sqft and a lot size of 23.61. 8548 N Observatory Lane has 3 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 46151 which is in Martinsville, IN