Discover a welcoming lifestyle at 40 E Walnut ST, MARTINSVILLE, IN. This inviting 2048 square foot single family residence, built in 1920, is ready for you to move in and make it your own. This charming 1.5-story home offers four comfortable bedrooms, providing ample personal space for everyone. Complementing these are a full bathroom and a convenient half bathroom, catering to both daily routines and guest needs. With a generous 5184 square foot lot, this property offers a comfortable setting for outdoor enjoyment. Imagine the possibilities for entertaining or simply relaxing in your own private space. This home is zoned B12 and has been used for a Law office for several years. could remain an office or could easily be converted back to a 4-bedroom home with an office and covered balcony. Hardwood floors throughout the upstairs with a full bath Ready to envision your next chapter? Schedule a viewing of this delightful property today.
Active
$274,900
40 E Walnut St, Martinsville, IN 46151
4beds
2,880sqft
Residential, Single Family Residence
Built in 1920
5,227 Square Feet Lot
$-- Zestimate®
$95/sqft
$-- HOA
What's special
Convenient half bathroomFour comfortable bedroomsCovered balcony
- 35 days
- 281
- 13
Zillow last checked:
Listing updated:
Listed by:
Darrell Cecil dcecil.tucker@yahoo.com,
RE/MAX 1st Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22119604
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Bedroom 2
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 4
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 13x10
Dining room
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13x16
Family room
- Level: Main
- Area: 270 Square Feet
- Dimensions: 18x15
Kitchen
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Office
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: None
- Laundry: In Basement
Features
- Attic Access, High Ceilings, Ceiling Fan(s), High Speed Internet
- Basement: Cellar
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
- Finished area below ground: 374
Property
Parking
- Parking features: Alley Access, Gravel
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 551304140010000021
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Security System
- Subdivision: No Subdivision
Location
- Region: Martinsville
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $214,600
- Annual tax amount: $3,894
- Date on market: 8/25/2026
- Cumulative days on market: 15 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $274,900$95/sqft |
Source:  MIBOR as distributed by MLS GRID #22119604 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,028 +12.7% | $214,600 +7.6% |
| 2024 | $3,575 +27.7% | $199,400 +5.1% |
| 2023 | $2,800 -9.3% | $189,800 +19.2% |
| 2022 | $3,086 +7.1% | $159,200 -5% |
| 2021 | $2,880 +3% | $167,500 +3.6% |
| 2020 | $2,797 +6.4% | $161,700 +7.9% |
| 2019 | $2,629 +13.9% | $149,900 +6.6% |
| 2018 | $2,307 -0.7% | $140,600 +15.8% |
| 2017 | $2,324 +16.4% | $121,400 |
| 2016 | $1,997 +7.1% | $121,400 -0.4% |
| 2014 | $1,865 +10.8% | $121,900 |
| 2013 | $1,684 +8.3% | $121,900 +0.7% |
| 2012 | $1,554 +25.8% | $121,100 +34.3% |
| 2011 | $1,236 +9.1% | $90,200 +3.1% |
| 2010 | $1,132 +7% | $87,500 |
| 2009 | $1,059 -27% | $87,500 +1% |
| 2006 | $1,451 | $86,600 +10.5% |
| 2005 | -- | $78,400 |
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.Climate risks
Neighborhood: 46151
Nearby schools
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.
Similar homes
- $363,0004 bd3 ba2.7k sqft460 E Pike St, Martinsville, IN 46151Active
MLS ID #22123469, Michelle Chandler, Keller Williams Indy Metro Partners. MIBOR as distributed by MLS GRID - $184,9004 bd3 ba3.1k sqft326 W Morgan St, Martinsville, IN 46151For Sale
MLS ID #109987, BRANDON WARFIELD, CARPENTER REALTORS. THAAR - $215,0003 bd2 ba1.6k sqft409 E Washington St, Martinsville, IN 46151Active
MLS ID #22105061, Angela Abraham, The Modglin Group. MIBOR as distributed by MLS GRID - $339,9954 bd2 ba4.1k sqft389 E Washington St, Martinsville, IN 46151Active
MLS ID #22100934, Michelle Chandler, Keller Williams Indy Metro Partners. MIBOR as distributed by MLS GRID
