Recently Listed Open House 3/8 1pm - 3pm
259 S Marion Street
Martinsville, IN, 46151 $ 190,000
Bedrooms3 Baths2.0 Sq 2,920 Monthly Estimate*
$ 1,170
for $190,000 with 3 bedrooms and 2 full baths. This 2,920 square foot home was built in 1820 on a lot size of 0.14.
Built in 1820, this property presents a prime value-add opportunity for investors, flippers, or skilled homeowners ready to unlock serious potential. Offering 1,716 square feet, this 3-bedroom, 2-bath home features a strong footprint and functional two-story layout-ideal for renovation, repositioning, or long-term hold strategy. With solid square footage and defined living spaces, there's clear opportunity to modernize, increase value, and maximize ARV through strategic updates. The 6,229 sq ft lot adds further upside with a covered front porch, rear patio, and storage shed-creating opportunity to enhance curb appeal and outdoor living appeal for future resale or tenant demand. Extra Opportunity: Behind the main home, you'll find a detached flex space complete with its own bathroom. Workshop? Home office? Studio? Playroom? Private den? Rental potential? The possibilities are wide open. This additional structure creates flexibility that investors and creative buyers are always looking for-especially in today's work-from-home market. Whether you're planning a cosmetic rehab, full renovation, or portfolio addition, this property offers equity-building potential, flexible space, and multiple exit strategies. Bring your contractor, bring your vision, and unlock the upside.
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Open House
3/8/2026 1:00 PM - 3:00 PM
259 S Marion Street Martinsville, IN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities Hardwood Floors Eat-in Kitchen
Basement Cellar Unfinished
Basement (Y/N) Y
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 1
Total Baths 2
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GeneralHeating Forced Air Natural Gas
Cooling Wall Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Water Connected
Possession Closing
Appliances Dryer Disposal Refrigerator Washer
Garage Spaces 1
Patio/Porch Features Covered
Architectural Style Colonial
Construction Materials Stone
Year Built 1820
Electric 200+ Amp Service
View City
Township Washington
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Morgan
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 6
Full Baths 2
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 6229
Elementary School Charles L Smith Fine Arts Academy
Property Attached Y/N N
Current Financing Conventional FHA 203(k)
Middle/Junior High School John R. Wooden Middle School
Property Condition Fixer
Standard Status Active
Tax Lot 43
Legal Description Lot 43 Orig Plat 132 X 45
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ExteriorExterior Amenities Storage Shed
Fencing Partial
Parking Features Detached
Lot Features Sidewalks Storm Sewer Street Lights Mature Trees
Water Source Public
Foundation Details Block
Spa N
Building Area Total 2920
Lot Size Acres 0.14
Waterfront Y/N N
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded FeaturesList ByKeller Williams Indpls Metro NBroker
Kevin@HudobaRealEstate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,170
- Monthly Property Taxes
- $136
- 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.
Learn more about how to save NearbySingle family listings in Martinsville, IN
Average List Price $406,386
Percent of Sale Price 114%
About Martinsville, IN 11,435 Population
-4% Since 2002
$ 43,007 Median Income
37.97 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4058835 Elementary School
4046456 Middle School
Martinsville High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/3/2026 | $190,000 | | Listed Price |