Situated at 1492 Ranch TRL, Martinsville, IN, this distinguished 1993 single-family residence offers 1613 square feet of refined living space, presenting an unparalleled opportunity for sophisticated rural living. The residence features three well-appointed bedrooms, providing comfortable and private accommodations. Complementing the bedrooms are two full bathrooms, meticulously designed to cater to both residents and guests with efficiency and style. Spanning a single story, this home is thoughtfully laid out to maximize convenience and accessibility. The expansive 217,974 square foot lot offers significant outdoor potential, ideal for a variety of recreational or agricultural pursuits. To truly appreciate the distinguished character and extensive grounds of this property, a private viewing is highly recommended.
Active
Price cut: $20.1K (6/24)
$399,900
1492 Ranch Trl, Martinsville, IN 46151
3beds
1,613sqft
Residential, Single Family Residence
Built in 1993
5 Acres Lot
$-- Zestimate®
$248/sqft
$21/mo HOA
What's special
Three well-appointed bedrooms
- 12 days |
- 2,082 |
- 74 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Dana Carrell 317-556-6674,
Dana Carrell
Source: MIBOR as distributed by MLS GRID,MLS#: 22107774
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16 x 14
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13 x 10
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Great room
- Level: Main
- Area: 448 Square Feet
- Dimensions: 28 x 16
Kitchen
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12 x 11
Heating
- Propane, Wood
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Water Heater, Refrigerator
- Laundry: Laundry Room, Main Level
Features
- Double Vanity, Cathedral Ceiling(s), High Speed Internet, Walk-In Closet(s)
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Insert, Great Room
Interior area
- Total structure area: 1,613
- Total interior livable area: 1,613 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Storage
- Fencing: Fenced,Full
- Has view: Yes
- View description: Forest, Pond, Trees/Woods
- Water view: Pond
- Waterfront features: Lake Privileges, Pond
Lot
- Size: 5 Acres
- Features: Rural - Subdivision, Mature Trees, Wooded
Details
- Additional structures: Barn Mini
- Parcel number: 550825300002004014
- Special conditions: Estate
- Other equipment: Generator
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1993
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Well, Private
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Hidden Valley Lake
HOA
- Has HOA: Yes
- HOA fee: $250 annually
Location
- Region: Martinsville
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $278,500
- Annual tax amount: $1,312
- Date on market: 6/13/2026
- Cumulative days on market: 14 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $399,900-4.8%$248/sqft |
Source: | ||
| 6/13/2026 | Listed for sale | $419,999+20%$260/sqft |
Source: | ||
| 5/30/2023 | Sold | $350,000+3%$217/sqft |
Source: | ||
| 4/23/2023 | Pending sale | $339,900$211/sqft |
Source: | ||
| 4/18/2023 | Listed for sale | $339,900+101.1%$211/sqft |
Source: | ||
| 5/2/2011 | Sold | $169,000-3.4%$105/sqft |
Source: | ||
| 3/3/2011 | Price change | $174,933-0.9%$108/sqft |
Source: Carpenter Realtors #21108968 Report a problem | ||
| 8/26/2010 | Price change | $176,500-0.6%$109/sqft |
Source: Keller Williams Realty Indy Metro South #21039633 Report a problem | ||
| 7/16/2010 | Price change | $177,500-5.3%$110/sqft |
Source: Keller Williams Realty Indy Metro South #21039633 Report a problem | ||
| 5/27/2010 | Listed for sale | $187,500+7.1%$116/sqft |
Source: Keller Williams Realty Indy Metro South #21039633 Report a problem | ||
| 1/2/2010 | Listing removed | $175,000$108/sqft |
Source: Scott Smith #2939876 Report a problem | ||
| 9/13/2009 | Price change | $175,000-2.8%$108/sqft |
Source: Scott Smith #2939876 Report a problem | ||
| 8/15/2009 | Price change | $180,000-5.2%$112/sqft |
Source: Scott Smith #2939876 Report a problem | ||
| 4/14/2009 | Listed for sale | $189,800$118/sqft |
Source: Scott Smith #2939876 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,425 +4.4% | $278,500 +2.8% |
| 2024 | $1,365 +21.3% | $270,800 -0.7% |
| 2023 | $1,126 +20.8% | $272,800 +12.5% |
| 2022 | $932 +17.2% | $242,500 +11.4% |
| 2021 | $795 +0.4% | $217,700 +9.4% |
| 2020 | $792 +9.2% | $199,000 +7.6% |
| 2019 | $725 +9.7% | $185,000 +4.8% |
| 2018 | $661 -5.9% | $176,600 +7% |
| 2017 | $702 +22.8% | $165,000 -1.8% |
| 2016 | $572 +5.5% | $168,000 +1.4% |
| 2014 | $542 +18% | $165,700 +4.4% |
| 2013 | $460 +3.9% | $158,700 +0.1% |
| 2012 | $442 -20.7% | $158,600 -11.2% |
| 2011 | $558 +0.1% | $178,700 +6.6% |
| 2010 | $557 +9.2% | $167,700 -0.1% |
| 2009 | $510 -52.7% | $167,900 -0.2% |
| 2006 | $1,079 | $168,300 +13.1% |
| 2005 | -- | $148,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 46151
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Poston Road Elementary SchoolGrades: PK-4Distance: 3.5 mi
- 7/10John R. Wooden Middle SchoolGrades: 6-8Distance: 3.2 mi
- 4/10Martinsville High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Poston Road Elementary School
- Middle: John R. Wooden Middle School
- High: Martinsville High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Morgan County
- Martinsville
- 46151
- 1492 Ranch Trl






