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Land with Home for Sale in Martinsville, Indiana

5540 N Zander Trl, Martinsville, IN 46151

$6,190,000
232 acres
Active sale
ago
Est $37,849/mo

Take a look at one of the most thoughtfully developed private estates in Morgan County, Indiana - a 231.70-acre multi-parcel legacy property assembled and improved over many years by the owners with a well designed plan. This is not a standard land transaction. Every structure, utility, road, fence line, and improvement on this property reflects deliberate, long-term vision. The result is a property that genuinely cannot be replicated - not because of hyperbole, but because the combination of 185+ acres of enrolled classified forest, bespoke residential infrastructure, world-class garage and equestrian facilities, buried utilities throughout, gated security, and a secondary residence on a single contiguous holding in this location simply does not come together in this form anywhere else in Morgan County.

The property is anchored by a 4,704 SF custom residence with Amish-crafted interiors, two heated garages totaling 6,400 SF including RV accommodation, a heated saltwater pool, and outdoor living facilities - all supported by municipal water, fiber optic internet, 400-amp electrical service, and a 65,000KW Cummins generator. A 1,512 SF secondary residence on its own 3.80-acre parcel with fenced pastures adds significant utility and rental or multi-generational living potential. The equestrian and agricultural infrastructure - a 160'x72' multi-purpose barn with covered arena, five horse stalls, three two-stall stables, and seven freeze-proof automatic waterers - rivals dedicated equestrian facilities found on properties asking considerably more in other Indiana markets.

The 185.17 acres of Classified Forest & Wildlands Program enrollment provides meaningful annual tax benefit and signals long-term stewardship intent - a feature that conservation-minded buyers, lifestyle estate buyers, and family compound buyers will specifically seek out and pay a premium for. Combined with an unimproved 2-acre building site with electricity already on-site overlooking the main entrance, the property carries genuine long-term upside beyond what is already in place.

For additional information or a private showing on this exceptional property, contact Land and Home Specialists Mark Boswell at 765-720-2166 or Torry Miller at 812-614-2620.

4,704
Sq feet
4
Beds
4
Full baths

Location

Street address
5540 N Zander Trl
Zip code
46151
Elevation
804 feet
Coordinates
39.5041, -86.5313

Property details

Acreage
231.7 acres
Posted

Resources

Listing history

DateEventPriceChangeSource
Oct 17, 2026New listing$6,190,000—Listing agent
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This 231.7-acre property is located at 5540 N Zander Trl in Martinsville, IN 46151. The property is available for sale, priced at $6,190,000. It has a 4,704 square foot 4-bedroom, 4-bath house.

Listed by Mossy Oak Properties Indiana Land & Lifestyle, (765) 505-4155

Updated Source

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Mark Boswell
Mark Boswell
Mossy Oak Properties Indiana Land & Lifestyle
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