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For sale
    • Price cut: $29K (7/14)
    $400,000

    4230 E Martinsburg Fire Road, Palmyra, IN 47164

    6beds
    4,792sqft
    : 
    $2,413/mo
    Get pre-qualified
    Single Family Residence
    Built in 2000
    3.5 Acres Lot
    $387,400 Zestimate®
    $83/sqft
    $-- HOA

    What's special

    Small barnSliding doors to patiosLarge garden area
    Mandatory appointment. Selling as-is. Open House Tuesday, May 19th 5:30PM - 6:30PM. Audio video - voice and camera. Peaceful natural setting in rural area surrounded by trees. This home could easily be a multi generational home. Large garden area for homesteader / homesteading. Small barn. Originally built as duplex with a garage in center section. Now 2 story great room. 2 large kitchens, island with granite & full array of cabinets. 2 primary bedrooms on 1st floor with sliding doors to patios. 2 second floor bedrooms with sitting area. 2 additional rooms on first floor which could be office, home gym or bedrooms. "Unfinished" but could be a dream property! No basement. No FHA / VA; as-is property. Wheelchair accessible. $5000 painting or closing cost prepaids allowance. Security system does not stay.
    91 days
    |
    1,539
    |
    128
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Diane Thomas,

    Coldwell Banker McMahan

    Source: SIRA,MLS#: 202608304MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 6
      Rooms
      • Room types: Family Room
      Primary bedroom
      • Description: left side
      • Level: First
      Primary bedroom
      • Description: right side
      • Level: First
      Bedroom
      • Description: sitting room or home work area
      • Level: Second
      Bedroom
      • Description: sitting room or family work area
      • Level: Second
      Bedroom
      • Description: office / gym / craft room
      • Level: First
      Bedroom
      • Description: office / gym / craft room
      • Level: First
      Family room
      • Description: left side - could be dining
      • Level: First
      Family room
      • Description: right side
      • Level: First
      Other
      • Description: 4 full baths
      • Level: First
      Other
      • Level: Second
      Kitchen
      • Description: left side
      • Level: First
      Kitchen
      • Description: right side
      • Level: First
      Other
      • Description: great room - middle section
      • Level: First
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Oven, Range
      • Laundry: Main Level, Laundry Room
      Features
      • Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Game Room, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Mud Room, Open Floorplan, Pantry, Split Bedrooms, Utility Room, Walk-In Closet(s)
      • Has basement: No
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 4,792
      • Total interior livable area: 4,792 sqft
      • Finished area above ground: 4,792
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Detached, Garage
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Patio
      • Exterior features: Patio
      • Has view: Yes
      • View description: Scenic
      Lot
      • Size: 3.5 Acres
      Details
      • Additional structures: Barn(s)
      • Additional parcels included: 2212200008.00800805
      • Parcel number: 0059825112
      • Zoning: Agri/ Residential
      • Zoning description: Agri/ Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One and One Half Story
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • Resale
      • New construction: No
      • Year built: 2000

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Connected, Public

      Community & HOA

      Community
      • Subdivision: King Farm Tr 12
      HOA
      • Has HOA: No
      Location
      • Region: Palmyra

      Financial & listing details

      • Price per square foot: $83/sqft
      • Tax assessed value: $377,800
      • Annual tax amount: $3,778
      • Date on market: 5/15/2026
      • Cumulative days on market: 92 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved, Gravel

        Estimated market value

        $387,400

        $368,000 - $407,000

        $3,624/mo

        Price history

        DateEventPrice
        7/14/2026Price change$400,000-6.8%$83/sqft
        Source: SIRA #202608304 Report a problem
        6/23/2026Price change$429,000-2.5%$90/sqft
        Source: SIRA #202608304 Report a problem
        5/15/2026Listed for sale$440,000+464.8%$92/sqft
        Source: SIRA #202608304 Report a problem
        7/27/2012Sold$77,900-2.5%$16/sqft
        Source: SIRA #201201262 Report a problem
        7/5/2012Price change$79,900-11.1%$17/sqft
        Source: Don Lincoln Realty, LLC #201201262 Report a problem
        6/15/2012Price change$89,900-10%$19/sqft
        Source: Don Lincoln Realty, LLC #201201262 Report a problem
        5/22/2012Price change$99,900-4.8%$21/sqft
        Source: Homepath #201201262 Report a problem
        4/28/2012Price change$104,900-8.7%$22/sqft
        Source: Homepath #201201262 Report a problem
        3/29/2012Price change$114,900-7.3%$24/sqft
        Source: Homepath #201201262 Report a problem
        2/23/2012Price change$123,900-44.3%$26/sqft
        Source: Don Lincoln Realty, LLC #201201262 Report a problem
        2/15/2012Listed for sale--
        Source: foreclosure.com Report a problem
        1/11/2012Sold$222,483$46/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,267 +6.6%$377,800 +13.3%
        2024$3,063 -1.9%$333,500 +6.7%
        2023$3,124 +9.8%$312,700 +2.9%
        2022$2,844 +2%$303,900 +10.4%
        2021$2,790 +9.7%$275,300 +2%
        2020$2,543 +20.2%$269,800 +9.9%
        2019$2,116 -24.3%$245,500 +16.9%
        2018$2,795 +79.4%$210,000 -7.8%
        2017$1,558 +7.8%$227,800 +8.5%
        2016$1,445 -4%$210,000 +0.4%
        2014$1,505 -53.9%$209,200 +6.7%
        2013$3,265 -9.2%$196,000 -0.9%
        2012$3,594 +265.7%$197,800 +41.3%
        2011$983 -10.5%$140,000
        2010$1,098 +1.5%$140,000 -8.9%
        2009$1,083 +3.8%$153,700 -0.6%
        2007$1,043 -29.3%$154,700 -3.9%
        2006$1,475 $161,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Martinsburg

        Getting around

        0 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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