Step into a piece of local history with this iconic family-owned limestone farmhouse, a rare blend of timeless charm and modern updates! Designed for flexibility, this ranch with a walkout basement features two primary suites-one on each level-perfect for in-law quarters or multi-generational living. The open kitchen, dining, and great room flow makes entertaining effortless, anchored by two beautiful stone wood-burning fireplaces. A bright sunroom captures both sunrise and sunset, while a large deck invites morning coffee or evening cocktails with stunning views. Offering two additional bedrooms and three fully remodeled baths with walk-in showers, there's space for everyone. The expansive walkout basement is ideal for a rec room, media setup, or game nights. A huge functional barn and acreage create a true mini farm opportunity-bring your horses, 4H animals, or simply enjoy the wide-open space. Additional acreage is available, making this property perfect for those dreaming of farming, gardening, or outdoor adventures. Feel the love, laughter, and memories this home has to offer the minute you walk through the door. This is more than a home, it's a legacy estate ready for its next chapter.
Sold
$580,000
5020 Cragen Rd, Martinsville, IN 46151
4beds
4,514sqft
Residential, Single Family Residence
Built in 1974
5 Acres Lot
$587,600 Zestimate®
$128/sqft
$3,216 Estimated rent
Home value
$587,600
$488,000 - $705,000
$3,216/mo
Zestimate® history
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$2,699/mo
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List your homeWhat's special
Rec roomStone wood-burning fireplacesLarge deckBright sunroomStunning viewsTwo primary suitesLimestone farmhouse
Zillow last checked:
Listing updated:
Listing Provided by:
Michelle Chandler 317-413-8352,
Keller Williams Indy Metro S,
Bryan Williams,
Keller Williams Indy Metro S
Bought with:
Alison Fernandez
The Stewart Home Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22057638
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 221 Square Feet
- Dimensions: 17x13
Primary bedroom
- Features: Tile-Ceramic
- Level: Basement
- Area: 416 Square Feet
- Dimensions: 26x16
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 3
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Dining room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18x14
Other
- Level: Main
- Area: 700 Square Feet
- Dimensions: 35x20
Great room
- Level: Main
- Area: 272 Square Feet
- Dimensions: 17x16
Kitchen
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Laundry
- Features: Tile-Ceramic
- Level: Basement
- Area: 104 Square Feet
- Dimensions: 13x8
Play room
- Level: Basement
- Area: 782 Square Feet
- Dimensions: 46x17
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Disposal, Electric Oven, Refrigerator
- Laundry: In Basement
Features
- Attic Access, Double Vanity, Breakfast Bar, Built-in Features, High Ceilings, Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen, Pantry, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Egress Window(s),Finished,Finished Ceiling,Full,Walk-Out Access
- Attic: Access Only
- Number of fireplaces: 2
- Fireplace features: Basement, Dining Room, Masonry, Wood Burning
Interior area
- Total structure area: 4,514
- Total interior livable area: 4,514 sqft
- Finished area below ground: 1,850
Property
Parking
- Total spaces: 3
- Parking features: Attached, Detached, Gravel, Garage Door Opener, Storage, Workshop in Garage
- Attached garage spaces: 3
- Details: Garage Parking Other(Garage Door Opener, Keyless Entry)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Glass Enclosed, Patio
- Exterior features: Fire Pit
- Has view: Yes
- View description: Pasture
Lot
- Size: 5 Acres
- Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft), See Remarks
Details
- Additional structures: Barn Pole
- Parcel number: 551004300018001009
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Stone
- Foundation: Block
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Water: Private
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Martinsville
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Sold | $580,000-9.2%$128/sqft |
Source:  MIBOR as distributed by MLS GRID #22057638 Report a problem | ||
| 11/26/2025 | Pending sale | $639,000$142/sqft |
Source: MIBOR as distributed by MLS GRID #22057638 Report a problem | ||
| 11/5/2025 | Price change | $639,000-0.2%$142/sqft |
Source: MIBOR as distributed by MLS GRID #22057638 Report a problem | ||
| 9/11/2025 | Listed for sale | $640,000$142/sqft |
Source: MIBOR as distributed by MLS GRID #22057638 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $245 +22.6% | $22,500 -7% |
| 2024 | $200 +43.7% | $24,200 +19.8% |
| 2023 | $139 +19.6% | $20,200 +27% |
| 2022 | $116 +0.2% | $15,900 +16.1% |
| 2021 | $116 -24.3% | $13,700 -3.5% |
| 2020 | $153 -0.4% | $14,200 -17.9% |
| 2019 | $154 -89.4% | $17,300 -3.4% |
| 2018 | $1,454 -3.6% | $17,900 -93.7% |
| 2017 | $1,508 +18.1% | $286,100 +1.1% |
| 2016 | $1,277 -1.5% | $282,900 -1.8% |
| 2014 | $1,296 +1.6% | $288,000 -2.7% |
| 2013 | $1,276 +18.2% | $295,900 +9.2% |
| 2012 | $1,080 -22.3% | $270,900 -18.7% |
| 2011 | $1,390 -2.4% | $333,400 +1% |
| 2010 | $1,425 +4.8% | $330,100 -5.1% |
| 2009 | $1,359 -45.8% | $347,900 +6.9% |
| 2006 | $2,509 | $325,400 +33.2% |
| 2005 | -- | $244,300 |
Find assessor info on the county website
Neighborhood: 46151
Nearby schools
GreatSchools rating
- 8/10Green Township Elementary SchoolGrades: PK-4Distance: 2.8 mi
- 7/10John R. Wooden Middle SchoolGrades: 6-8Distance: 8 mi
- 4/10Martinsville High SchoolGrades: 9-12Distance: 7.5 mi
Schools provided by the listing agent
- Elementary: Green Township 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.
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Estimated market value
$587,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$587,600
- Indiana
- Morgan County
- Martinsville
- 46151
- 5020 Cragen Rd
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