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  • $550,000

    3938 N Chapel Ln, Martinsville, IN 46151

    4beds
    3,090sqft
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    Residential, Single Family Residence
    Built in 1998
    5 Acres Lot
    $-- Zestimate®
    $178/sqft
    $-- HOA

    What's special

    Cozy wood-burning fireplaceSpacious primary suiteZero-entry showerZoned hvacModern farmhouseTankless water heaterFive wooded acres
    Escape to five wooded acres and a modern farmhouse that feels worlds away. With more than 3,000 square feet, an open, easy-flowing layout, and a cozy wood-burning fireplace, this home was made for both gathering and retreat. Remodeled approximately five years ago, it features updated windows, siding, drywall, paint, waterproof flooring, a tankless water heater, whole-house water filtration, and zoned HVAC. A walk-in pantry and second-floor laundry add everyday ease. The spacious primary suite feels like a private spa, with a custom-tiled wet room, zero-entry shower, built-in bench, overhead rainfall showerhead, and separate soaking tub. Upstairs, the enormous great room floats among the treetops, creating a one-of-a-kind treehouse feel. Private, thoughtfully designed, and full of character, this is more than a home-it is a place to exhale.
    15 hours
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    644
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    38
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Skyles 317-258-3230,

    Heroes Property Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22114492MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 360 Square Feet
      • Dimensions: 24x15
      Bedroom 2
      • Level: Upper
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Bedroom 3
      • Level: Upper
      • Area: 143 Square Feet
      • Dimensions: 13x11
      Bedroom 4
      • Level: Main
      • Area: 99 Square Feet
      • Dimensions: 11x9
      Kitchen
      • Level: Main
      • Area: 420 Square Feet
      • Dimensions: 28x15
      Laundry
      • Features: Tile-Ceramic
      • Level: Upper
      • Area: 63 Square Feet
      • Dimensions: 7x9
      Living room
      • Level: Main
      • Area: 513 Square Feet
      • Dimensions: 27x19
      Heating
      • Zoned, Forced Air, Propane, Wood Stove
      Cooling
      • Central Air, Whole House Fan
      Appliances
      • Included: Gas Cooktop, Dishwasher, Double Oven, Range Hood, Refrigerator, Tankless Water Heater, Water Purifier
      • Laundry: Laundry Room, Upper Level
      Features
      • Attic Access, Attic Pull Down Stairs, Kitchen Island, Pantry, Walk-In Closet(s)
      • Windows: Wood Work Painted
      • Has basement: No
      • Attic: Access Only,Pull Down Stairs
      Interior area
      • Total structure area: 3,090
      • Total interior livable area: 3,090 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 5 Acres
      • Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
      Details
      • Parcel number: 550812300010000014
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Residential, Single Family Residence
      Materials
      • Other
      • Foundation: Slab
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: No Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Martinsville

      Financial & listing details

      • Price per square foot: $178/sqft
      • Tax assessed value: $277,700
      • Annual tax amount: $1,360
      • Date on market: 7/21/2026
      • Cumulative days on market: 2 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Listed for sale$550,000$178/sqft
        Source: MIBOR as distributed by MLS GRID #22114492 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,536 +26.4%$277,700 -1.4%
        2024$1,215 +17.7%$281,600 +15%
        2023$1,032 +34.3%$244,900 +11.4%
        2022$769 +7.9%$219,900 +18.4%
        2021$713 -48.9%$185,800 +5.6%
        2020$1,395 +8.2%$176,000 +6.9%
        2019$1,290 +1.3%$164,600 +5.2%
        2018$1,274 +2.7%$156,500 +0.4%
        2017$1,241 +24%$155,800 +7%
        2016$1,001 +1.4%$145,600 -3.8%
        2014$987 +5.5%$151,400 -0.9%
        2013$935 +12.6%$152,700 +172.7%
        2012$831 +126%$56,000 -6.7%
        2011$367 -6.8%$60,000 -0.2%
        2010$395 +4.7%$60,100 +0.7%
        2009$377 -9.1%$59,700 +0.5%
        2006$414 $59,400
        2005-- $59,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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-Dependent
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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.

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