5105 SR 42 Martinsville, IN $ 530,000
5105 SR 42
$ 530,000
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5105 SR 42

Martinsville, IN, 46151
$ 530,000
Bedrooms4 Baths2.0 Sq 3,331

Monthly Estimate*

$ 3,263

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Single Family Home for sale in Martinsville, IN

for $530,000 with 4 bedrooms and 2 full baths. This 3,331 square foot home was built in 1890 on a lot size of 6.97.

Welcome to country living at its finest! This spacious 4-bedroom farmhouse sits on 6.97 scenic acres of rolling pastures and peaceful surroundings. The inviting covered front porch is perfect for relaxing and enjoying the views. Inside, you'll find beautiful hardwood floors throughout most of the main level, a large kitchen with plenty of cabinet space, and an adjacent dining room ideal for family gatherings. Upstairs, all bedrooms feature newer carpeting for added comfort. The home includes a huge unfinished basement-dry and ready for storage or future finishing to suit your lifestyle. Recent updates include a new furnace, new AC, and a newer water heater. The fireplace adds rustic charm and has been used in the past (not warranted). Outside, this property truly shines. You'll find a small guest house, a 40x60 three-sided lean-to, and a massive 40x80 pole barn with electricity-perfect for hobbies, vehicles, or a workshop. There's also a detached 2-car garage with a huge overhead loft and workshop for everyday convenience. Whether you're seeking a hobby farm, private retreat, or a place to spread out and enjoy nature, this property offers endless possibilities in a peaceful country setting.

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Single Family Active

Price

$ 530,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,200

Style

Craftsman,Traditional

Lot Size

6.97

Year Built

1890

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22069195

Features
Interior
Interior Amenities Attic Stairway Paddle Fan Hardwood Floors WoodWorkStain/Painted
Basement Cellar Daylight Full Storage Space Unfinished
Basement (Y/N) Y
Half Baths 0
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 2
Total Baths 2
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General
Heating Propane
Cooling Central Air
Utilities Electricity Connected Septic System
Possession Closing
Appliances Dishwasher Electric Water Heater Microwave Electric Oven Water Heater
Garage Spaces 4
Patio/Porch Features Covered
Architectural Style Craftsman Traditional
Security Features 24 Hour Security Security System Smoke Detector(s)
Construction Materials Aluminum Siding Brick
Year Built 1890
Electric 200+ Amp Service
Township Ashland
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Additional Parcels Description 550704400003.003-002
County Morgan
New Construction N
Property Type Residential
HOA N
Subdivision Name Sub Not Found In Table
Facing Direction West
Garage Y/N Y
Other Structures Outbuilding
Total Rooms 11
Full Baths 2
Status Active
Directions From Citizens Bank in Eminence IN - SR 142 & SR 42 intersection; SOUTH on SR 42 to 5105 SR 42. Please use 5105 SR 42 on your GPS. It ls located in Eminence schools not Cloverdale
High School Eminence Jr-Sr High School
City Martinsville
High School District Eminence Community School Corp
MLS Area 5508 - Morgan - Ashland
Lot Size Square Feet 67518
Elementary School Eminence Elementary School
Property Attached Y/N N
Current Financing Conventional VA
Property Condition Updated/Remodeled
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 550704400003.004-002
Legal Description S4 T12 R2w S Se 1.55 Ac and S4 T12 R2w S Se 5.41 A
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Exterior
Exterior Amenities Barn Pole Storage Carriage/Guest House
Parking Features Detached
Lot Features Not In Subdivision Rural - Not Subdivision Mature Trees
Water Source Well Private
Foundation Details Block
Building Area Total 3331
Lot Size Acres 6.97
Horse Amenities None Barn Hay Storage Pasture Stable(s) Trailer Storage
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* Excluded Features
List By
Jeff Paxson Team

Broker

jeff@jeffpaxson.com

Email

Affordability Calculator

$3,447
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,263
Monthly Property Taxes
$183
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4046464 Elementary School
4046584 Middle School
Eminence Jr-Sr High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2026$530,000 -1.85% Price Down
12/2/2025$540,000 -0.92% Price Down
11/16/2025$545,000 -0.91% Price Down
10/21/2025$550,000 Listed Price

Map


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5105 SR 42, Martinsville, IN, 46151 is a Single Family Home for sale at $530,000 with 3,331 sqft and a lot size of 6.97. 5105 SR 42 has 4 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 46151 which is in Martinsville, IN