
Land for Sale in Martinsville, Indiana
Dynasty Ln, Martinsville, IN 46151
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
- County
- Morgan County
- Zip code
- 46151
- Community
- Morgan - Ashland
- School district
- Eminence Community School Corp
- Elevation
- 855 feet
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
Multiple parcels - call list agent for details
Details and features
Listing
- Type
- Land
Lot
- View
- Lake
- Waterfront
- Lake Front, Waterfront
Nearby schools
| Name | Type | District |
|---|---|---|
| Eminence Elementary School | Elementary | Eminence Community School Corp |
| Eminence JR-Sr High School | High | Eminence Community School Corp |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 4, 2026 | New listing | $4,500,000 | — | MIBOR |