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Land for Sale in Martinsville, Indiana

Dynasty Ln, Martinsville, IN 46151

$4,500,000
322 acres
Active sale
ago
Est $33,170/mo

An extraordinary legacy property offering 322 breathtaking acres in the rolling hills of Morgan County, Amy Lake is one of Central Indiana's most unique private land holdings. Located on Dynasty Ln in Martinsville, this remarkable estate combines natural beauty, recreational appeal, development potential & private retreat living in one unmatched offering. Public listing data identifies the tract as approximately 322 acres with residential/development potential. Property features dramatic Southern Indiana topography, a compelling mix of gently rolling meadows, elevated ridge lines, wooded terrain, valleys and panoramic water views that create both privacy & visual impact. The land's varied elevation profile offers exceptional homesite opportunities, scenic overlooks, trail creation, equestrian use, hunting, recreation, or future estate development. At the heart of the property is Amy Lake, a stunning private body of water that serves as the centerpiece of the estate. The lake creates an incredible backdrop for residential enjoyment, fishing, kayaking, wildlife observation, and luxury estate living. The presence of the dam structure & associated water management features adds both character & utility, creating a rare controlled-water asset not commonly found in private holdings of this scale. (Buyer to independently verify dam condition, permits, maintenance obligations & regulatory oversight.) Improvements include existing residential structures & supporting outbuildings, creating immediate usability while preserving significant upside for renovation, expansion, or redevelopment. Whether envisioned as a private family compound, executive retreat, equestrian estate, conservation-minded ownership, event venue concept, or future residential development opportunity, the infrastructure provides flexibility. Positioned just minutes from I-69, property offers exceptional accessibility while maintaining a secluded, destination-like feel. Note 5 acre exclusion, 317 acres net.

Location

Street address
Dynasty Ln
Zip code
46151
Community
Morgan - Ashland
School district
Eminence Community School Corp
Elevation
855 feet
Coordinates
39.4915, -86.5497

Directions

I-70 W to IN-39 S (exit 59), continue on IN-39 S, take IN-42 W and then N Herbemont Rd to Dynasty Ln.

Property details

Acreage
322 acres
Zoning
Residential/Agriculture
MLS #
MIBOR 22103797
Posted

Parcels

  • 550808100001000002

Legal description

Details and features

Listing

Type
Land

Lot

View
Lake
Waterfront
Lake Front, Waterfront

Nearby schools

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

Listing history

DateEventPriceChangeSource
June 4, 2026New listing$4,500,000MIBOR
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This 322-acre property is located at Dynasty Ln in Martinsville, IN 46151. The property is available for sale for $4,500,000 with a price per acre of $13,975.

Listed by eXp Realty, (888) 611-3912

Checked 2 hours agoUpdated Source

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