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Land with Home for Sale in Martinsville, Indiana

5105 SR 42, Martinsville, IN 46151

$540,000
7 acres
Active
Est $2,992/mo

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.

2,319
Sq feet
4
Beds
2
Full baths
1890
Built

Location

Street address
5105 SR 42
Community
Morgan - Ashland
School district
Eminence Community School Corp
Elevation
779 feet
Coordinates
39.5011, -86.6416

Directions

From Citizens Bank in Eminence, IN - SR 142 & SR 42 intersection; SOUTH on SR 42 to 5105 SR 42. Please use 5105 SR 42 on your GPS. It ls located in Eminence schools not Cloverdale

Property details

Acreage
6.97 acres
MLS #
MIBOR 22069195
Posted

Parcels

  • 550704400003004002

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Garage
Structures
Barn(s), Guest House, Storage
Features
Barn Pole, Carriage/Guest House

Structure

Style
Craftsman
Heating
Propane
Cooling
Central Air
Materials
Aluminum Siding, Brick

Interior

Room Count
11
Rooms
Basement, Bathroom x 2, Bedroom x 4, Dining Room, Kitchen, Laundry, Living Room, Utility Room, Workshop
Appliances
Dishwasher, Microwave, Washer
Security
Security System, Smoke Detector(s)
Features
Attic Stairway, Hardwood Floors, Paddle Fan, Woodworkstain/Painted

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
Eminence Elementary SchoolElementaryEminence Community School Corp
Eminence JR-Sr High SchoolHighEminence Community School Corp

Listing history

DateEventPriceChangeSource
Dec 3, 2025Price drop$540,000$5,000 -0.9%MIBOR
Nov 16, 2025Price drop$545,000$5,000 -0.9%MIBOR
Oct 21, 2025New listing$550,000MIBOR
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This 6.97-acre property is located at 5105 SR 42 in Martinsville, IN 46151. The property is available for sale for $540,000. It has a 2,319 sq ft 4 bedroom, 2 bath house built in 1890.

Checked 1 hour ago — Updated

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