Land with Home for Sale in Martinsville, Indiana
5020 Cragen Rd, Martinsville, IN 46151
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.
Location
- Street address
- 5020 Cragen Rd
- County
- Morgan County
- Community
- Morgan - Green
- School district
- MSD Martinsville Schools
- Elevation
- 677 feet
Property details
- Acreage
- 5 acres
- MLS #
- MIBOR 22057638
- Posted
Parcels
- 551004300018001009
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Keller Williams Realty
Exterior
- Parking
- Garage, Workshop
- Structures
- Barn(s)
- Features
- Barn Pole, Fire Pit
Structure
- Style
- Ranch
- Heating
- Fireplace(s), Propane
- Cooling
- Central Air
- Materials
- Stone
Interior
- Room Count
- 10
- Rooms
- Basement, Bathroom x 3, Bedroom x 4, Dining Room, Great Room, Kitchen, Laundry
- Appliances
- Cooktop, Dishwasher, Electric Cooktop, Garbage Disposer, Refrigerator, Washer
- Security
- Smoke Detector(s)
- Features
- Attic Access, Bath Sinks Double Main, Breakfast Bar, Built-In Features, Eat-In Kitchen, Hardwood Floors, High Ceilings, Paddle Fan, Pantry, Walk-In Closet(s)
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Propane | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Green Township Elementary School | Elementary | MSD Martinsville Schools | — |
| John R. Wooden Middle School | Middle | MSD Martinsville Schools | — |
| Martinsville High School | High | MSD Martinsville Schools | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 26, 2025 | Under contract | $639,000 | — | MIBOR |
| Nov 5, 2025 | Price drop | $639,000 | $1,000 -0.2% | MIBOR |
| Sept 11, 2025 | New listing | $640,000 | — | MIBOR |
