Breathtaking Hilltop Brick Ranch with Panoramic Views of Martinsville! Step into this beautifully updated 4-bedroom, 2-bath all-brick ranch and be wowed by the sweeping views the moment you walk through the door. The open-concept layout is filled with natural light and features a stunning great room with a wall of windows, soaring cathedral ceilings, and a double-sided fireplace shared with the family room. The entry boasts original marble flooring, setting a tone of timeless elegance. You'll love the fully updated kitchen with a large island, perfect for entertaining. Both bathrooms, heating, flooring, paint, and more have been recently updated-plus a brand-new roof for peace of mind. Unwind on the covered porch with cathedral ceilings as you take in the unbeatable views. Located close to shopping, schools, and the park, this home offers both serenity and convenience. Don't miss your chance to own this hilltop gem!
Sold
$474,000
589 Valley Dr, Martinsville, IN 46151
4beds
3,294sqft
Residential, Single Family Residence
Built in 1964
0.71 Acres Lot
$486,100 Zestimate®
$144/sqft
$2,215 Estimated rent
Home value
$486,100
$403,000 - $583,000
$2,215/mo
Zestimate® history
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$2,803/mo
Est. payment
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Est. payment
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List your homeWhat's special
Double-sided fireplacePanoramic views of martinsvilleWall of windowsStunning great roomSoaring cathedral ceilingsNatural lightOpen-concept layout
Zillow last checked:
Listing updated:
Listed by:
Angela Abraham 317-997-0517,
The Modglin Group
Bought with:
John Jones II
The Modglin Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22048627
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 2
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 3
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 4
- Level: Basement
- Area: 459 Square Feet
- Dimensions: 27x17
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Family room
- Level: Main
- Area: 360 Square Feet
- Dimensions: 20x18
Kitchen
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17x12
Laundry
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Living room
- Level: Main
- Area: 336 Square Feet
- Dimensions: 21x16
Utility room
- Features: Other
- Level: Basement
- Area: 280 Square Feet
- Dimensions: 20x14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Owned, Microwave, Water Heater, Range Hood
- Laundry: Laundry Room
Features
- Cathedral Ceiling(s), Entrance Foyer, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island
- Basement: Daylight,Partially Finished,Interior Entry
- Number of fireplaces: 1
- Fireplace features: Double Sided, Living Room, Masonry
Interior area
- Total structure area: 3,294
- Total interior livable area: 3,294 sqft
- Finished area below ground: 812
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 0.71 Acres
Details
- Parcel number: 550934335005000021
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Parkview
HOA
- Has HOA: No
Location
- Region: Martinsville
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $362,800
- Annual tax amount: $3,476
- Date on market: 7/4/2025
- Cumulative days on market: 134 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Sold | $474,000-3.1%$144/sqft |
Source:  MIBOR as distributed by MLS GRID #22048627 Report a problem | ||
| 11/14/2025 | Pending sale | $489,000$148/sqft |
Source: MIBOR as distributed by MLS GRID #22048627 Report a problem | ||
| 10/28/2025 | Price change | $489,000-2%$148/sqft |
Source: MIBOR as distributed by MLS GRID #22048627 Report a problem | ||
| 9/29/2025 | Price change | $499,000-5%$151/sqft |
Source: MIBOR as distributed by MLS GRID #22048627 Report a problem | ||
| 8/29/2025 | Price change | $525,000-2.8%$159/sqft |
Source: MIBOR as distributed by MLS GRID #22048627 Report a problem | ||
| 8/16/2025 | Price change | $540,000-1.8%$164/sqft |
Source: MIBOR as distributed by MLS GRID #22048627 Report a problem | ||
| 7/4/2025 | Listed for sale | $550,000+57.1%$167/sqft |
Source: MIBOR as distributed by MLS GRID #22048627 Report a problem | ||
| 4/17/2023 | Sold | $350,000+191.7%$106/sqft |
Source: Public Record Report a problem | ||
| 2/22/2011 | Sold | $120,000-7.6%$36/sqft |
Source: MIBOR as distributed by MLS GRID #21056530 Report a problem | ||
| 2/21/2011 | Pending sale | $129,900$39/sqft |
Source: Advisor Realtors #21056530 Report a problem | ||
| 1/27/2011 | Price change | $129,900-13.3%$39/sqft |
Source: Advisor Realtors #21056530 Report a problem | ||
| 12/23/2010 | Price change | $149,900-3.2%$46/sqft |
Source: Advisor Realtors #21056530 Report a problem | ||
| 11/11/2010 | Price change | $154,900-9.3%$47/sqft |
Source: foreclosure.com Report a problem | ||
| 11/6/2010 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 9/2/2010 | Sold | $170,771$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,466 +6.8% | $362,800 +4.7% |
| 2024 | $3,244 +21.6% | $346,600 |
| 2023 | $2,669 +35.9% | $346,600 +20.3% |
| 2022 | $1,964 -47.6% | $288,000 +32.2% |
| 2021 | $3,751 +2.5% | $217,800 +3.4% |
| 2020 | $3,661 +6.1% | $210,600 +7.3% |
| 2019 | $3,450 +7.2% | $196,200 +6.2% |
| 2018 | $3,217 -0.7% | $184,700 +9% |
| 2017 | $3,241 +16.2% | $169,500 |
| 2016 | $2,788 +2.6% | $169,500 -4.6% |
| 2014 | $2,718 +10.8% | $177,600 |
| 2013 | $2,453 +9.9% | $177,600 +2.1% |
| 2012 | $2,232 -16.5% | $173,900 -10.8% |
| 2011 | $2,671 +214.4% | $195,000 +1.8% |
| 2010 | $850 +27.3% | $191,600 |
| 2009 | $667 -56.3% | $191,600 +8.7% |
| 2006 | $1,529 | $176,300 |
| 2005 | -- | $176,300 |
Find assessor info on the county website
Neighborhood: 46151
Nearby homes
- $289,3003 bd2 ba1.9k sqft559 Park Pl, Martinsville, IN 46151Off Market
- $553,2005 bd4 ba4.7k sqft659 Valley Dr, Martinsville, IN 46151Off Market
- $300,0003 bd2 ba2k sqft620 Valley Dr, Martinsville, IN 46151Sold
- $281,3003 bd2 ba1k sqft630 Valley Dr, Martinsville, IN 46151Off Market
- $243,3003 bd2 ba1.4k sqft509 Valley Dr, Martinsville, IN 46151Off Market
- $309,4003 bd3 ba1.8k sqft539 Park Pl, Martinsville, IN 46151Off Market
- $338,8004 bd2 ba3.2k sqft640 Valley Dr, Martinsville, IN 46151Off Market
- $323,8004 bd3 ba1.5k sqft510 Park Pl, Martinsville, IN 46151Off Market
Nearby schools
GreatSchools rating
- 6/10Charles L Smith Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 7/10John R. Wooden Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Martinsville High SchoolGrades: 9-12Distance: 0.9 mi
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.
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Estimated market value
$486,100
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Estimated market value
$486,100
- Indiana
- Morgan County
- Martinsville
- 46151
- 589 Valley Dr
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