Welcome to country living at its finest! This spacious 4-bedroom farmhouse sits on 6.97 scenic acres of rolling pastures and peaceful surroundings. The inviting covered front porch is perfect for relaxing and enjoying the views. Inside, you'll find beautiful hardwood floors throughout most of the main level, a large kitchen with plenty of cabinet space, and an adjacent dining room ideal for family gatherings. Upstairs, all bedrooms feature newer carpeting for added comfort. The home includes a huge unfinished basement-dry and ready for storage or future finishing to suit your lifestyle. Recent updates include a new furnace, new AC, and a newer water heater. The fireplace adds rustic charm and has been used in the past (not warranted). Outside, this property truly shines. You'll find a small guest house, a 40x60 three-sided lean-to, and a massive 40x80 pole barn with electricity-perfect for hobbies, vehicles, or a workshop. There's also a detached 2-car garage with a huge overhead loft and workshop for everyday convenience. Whether you're seeking a hobby farm, private retreat, or a place to spread out and enjoy nature, this property offers endless possibilities in a peaceful country setting.
Sold
$510,000
5105 State Route 42, Martinsville, IN 46151
4beds
3,331sqft
Residential, Single Family Residence
Built in 1890
6.97 Acres Lot
$510,300 Zestimate®
$153/sqft
$2,459 Estimated rent
Home value
$510,300
$464,000 - $556,000
$2,459/mo
Zestimate® history
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$2,990/mo
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List your homeWhat's special
Huge unfinished basementAdjacent dining roomInviting covered front porchLarge kitchenNewer carpetingBeautiful hardwood floors
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Paxson 317-679-2121,
Jeff Paxson Team
Bought with:
Samuel Mattingly
Mattingly Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22069195
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Bedroom 2
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Dining room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 70 Square Feet
- Dimensions: 7x10
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 15x16
Utility room
- Features: Other
- Level: Basement
- Area: 468 Square Feet
- Dimensions: 26x18
Workshop
- Features: Other
- Level: Basement
- Area: 624 Square Feet
- Dimensions: 26x24
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Microwave, Electric Oven, Water Heater
- Laundry: Main Level
Features
- Attic Stairway, Ceiling Fan(s), Hardwood Floors
- Flooring: Hardwood
- Windows: WoodWorkStain/Painted
- Basement: Cellar,Daylight,Full,Storage Space,Unfinished
- Attic: Permanent Stairs
Interior area
- Total structure area: 3,331
- Total interior livable area: 3,331 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Storage
Lot
- Size: 6.97 Acres
- Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees
Details
- Additional structures: Barn Pole, Guest House
- Additional parcels included: 550704400003.003002
- Parcel number: 550704400003004002
- Horse amenities: None, Barn, Hay Storage, Pasture, Stable(s), Trailer Storage
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding, Brick
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Well, Private
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: 24 Hour Security, Security System, Smoke Detector(s)
- Subdivision: Sub Not Found In Table
HOA
- Has HOA: No
Location
- Region: Martinsville
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $224,400
- Annual tax amount: $2,200
- Date on market: 10/21/2025
- Cumulative days on market: 207 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Sold | $510,000-1.9%$153/sqft |
Source:  MIBOR as distributed by MLS GRID #22069195 Report a problem | ||
| 5/14/2026 | Pending sale | $519,999$156/sqft |
Source: MIBOR as distributed by MLS GRID #22069195 Report a problem | ||
| 4/17/2026 | Price change | $519,999-1%$156/sqft |
Source: MIBOR as distributed by MLS GRID #22069195 Report a problem | ||
| 3/30/2026 | Price change | $525,000-0.9%$158/sqft |
Source: MIBOR as distributed by MLS GRID #22069195 Report a problem | ||
| 1/9/2026 | Price change | $530,000-1.9%$159/sqft |
Source: MIBOR as distributed by MLS GRID #22069195 Report a problem | ||
| 12/2/2025 | Price change | $540,000-0.9%$162/sqft |
Source: MIBOR as distributed by MLS GRID #22069195 Report a problem | ||
| 11/16/2025 | Price change | $545,000-0.9%$164/sqft |
Source: MIBOR as distributed by MLS GRID #22069195 Report a problem | ||
| 10/21/2025 | Listed for sale | $550,000$165/sqft |
Source: MIBOR as distributed by MLS GRID #22069195 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,213 +6.5% | $224,400 +2.4% |
| 2024 | $1,139 +516.4% | $219,100 |
| 2023 | $185 -65.6% | $219,100 +313.4% |
| 2022 | $537 -0.7% | $53,000 +18.8% |
| 2021 | $540 -8.3% | $44,600 +2.5% |
| 2020 | $589 +2% | $43,500 -0.5% |
| 2019 | $577 +3.6% | $43,700 +1.4% |
| 2018 | $557 -46.6% | $43,100 +4.9% |
| 2017 | $1,044 | $41,100 -48.1% |
| 2016 | -- | $79,200 |
Find assessor info on the county website
Neighborhood: 46151
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Nearby schools
GreatSchools rating
- 6/10Eminence Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 3/10Eminence Jr-Sr High SchoolGrades: 6-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Eminence Elementary School
- High: Eminence Jr-Sr 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
$510,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$510,300
- Indiana
- Morgan County
- Martinsville
- 46151
- 5105 State Route 42
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