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  • $439,900

    5085 Wilbur Rd, Martinsville, IN 46151

    3beds
    1,761sqft
    : 
    $2,660/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1920
    6.17 Acres Lot
    $-- Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Impressive pole barnPeaceful settingOpen-concept floor planSoaring ceilingsAbundance of natural lightCozy wood-burning stoveStainless steel appliances
    Completely renovated and full of possibilities! Nestled on over 6 picturesque acres, this unique property has been transformed from a 1-bedroom, 1-bath home into a beautifully updated 3-bedroom, 1-bath retreat. The open-concept floor plan features soaring ceilings, an abundance of natural light, new cabinetry, butcher block countertops, stainless steel appliances, luxury vinyl plank flooring, and a cozy wood-burning stove that creates a warm, inviting atmosphere. Outside, you'll find an impressive pole barn offering endless possibilities. Whether you're dreaming of a horse property, workshop, equipment storage, hobby space, or the ultimate party barn for entertaining family and friends, this versatile building is ready for your vision. Imagine transforming the impressive 1620 sq ft barn into the ultimate entertaining venue with space for family gatherings, game days, celebrations, or unforgettable Airbnb experiences. With soaring ceilings, rustic character, and endless possibilities, this versatile space could become the centerpiece of the property. Nature lovers will appreciate the peaceful setting while still enjoying convenient access to some of southern Indiana's most popular destinations. Located just minutes from Morgan-Monroe State Forest, Cedar Creek Winery, Brewing Co. & Distillery, and historic Downtown Martinsville, and approximately 30 minutes from Brown County/Nashville, Indiana University in Bloomington, Oliver Winery, and Lake Monroe, you'll never run out of places to explore. Whether you're searching for a private full-time residence, a weekend getaway, or an investment opportunity, this property's location and amenities make it an outstanding candidate for a vacation rental or Airbnb. Enjoy country living with recreation, dining, wineries, shopping, hiking, boating, and entertainment all within an easy drive.
    18 days
    |
    1,200
    |
    78
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Petruzzi 317-370-5509,

    REMAX ONE

    Source: MIBOR as distributed by MLS GRID,MLS#: 22115836MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      • Area: 160 Square Feet
      • Dimensions: 16 x 10
      Bedroom 2
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Bedroom 3
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 13 x 11
      Family room
      • Level: Main
      • Area: 234 Square Feet
      • Dimensions: 18 x 13
      Great room
      • Level: Main
      • Area: 195 Square Feet
      • Dimensions: 15 x 13
      Kitchen
      • Level: Main
      • Area: 140 Square Feet
      • Dimensions: 14 x 10
      Heating
      • Forced Air, Natural Gas, Wood Stove
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator
      • Laundry: In Unit, In Basement
      Features
      • Has basement: Yes
      • Number of fireplaces: 1
      • Fireplace features: Free Standing
      Interior area
      • Total structure area: 1,761
      • Total interior livable area: 1,761 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Exterior features: Storage
      • Has view: Yes
      • View description: Trees/Woods, Forest
      Lot
      • Size: 6.17 Acres
      • Features: Corner Lot, Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
      Details
      • Additional structures: Barn Pole
      • Parcel number: 550812100001001014
      • Horse amenities: None, Barn, Hay Storage, Pasture, Tack Room, Trailer Storage

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,Rustic
      • Property subtype: Residential, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Wood Siding
      • Foundation: Block
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Features: Stable(s)
      • Subdivision: No Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Martinsville

      Financial & listing details

      • Price per square foot: $250/sqft
      • Tax assessed value: $241,700
      • Annual tax amount: $554
      • Date on market: 7/24/2026
      • Cumulative days on market: 19 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/24/2026Listed for sale$439,900+76%$250/sqft
        Source: MIBOR as distributed by MLS GRID #22115836 Report a problem
        12/19/2025Sold$250,000-2%$142/sqft
        Source: MIBOR as distributed by MLS GRID #22075721 Report a problem
        12/8/2025Pending sale$255,000$145/sqft
        Source: MIBOR as distributed by MLS GRID #22075721 Report a problem
        12/6/2025Listed for sale$255,000$145/sqft
        Source: MIBOR as distributed by MLS GRID #22075721 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$585 -1.5%$241,700 -1.4%
        2024$594 +13.2%$245,100 +19.7%
        2023$525 +21.8%$204,700 +9.8%
        2022$431 -17.8%$186,500 +35.1%
        2021$524 +0.4%$138,000 +6%
        2020$522 +7.1%$130,200 +6.3%
        2019$487 +0.8%$122,500 +3.9%
        2018$483 +5.7%$117,900 +1.6%
        2017$457 +22%$116,000 +10.4%
        2016$374 +0.7%$105,100 -2.2%
        2014$372 -4.7%$107,500 -5.9%
        2013$390 +55.3%$114,200 +23.6%
        2012$251 -10.5%$92,400 -2.6%
        2011$281 -6.7%$94,900 +0.6%
        2010$301 +6.1%$94,300 +0.1%
        2009$284 -46.2%$94,200 +8.3%
        2006$527 $87,000 +0.3%
        2005-- $86,700
        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: 46151

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: John R. Wooden Middle 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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