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Agricultural Land for Sale in Martinsville, Indiana

Paradise Lake Rd, Martinsville, IN 46151

$500,000
35.5 acres
Active
ago
Est $3,734/mo

35+ contiguous acres of mostly tillable ground just minutes from Martinsville. This tract features approximately 33 acres currently in row crop, more than 2,000 feet of road frontage on Paradise Road, and municipal water available at the road - an ideal canvas for investor subdivision, custom homesites, or long-term landholding. Key Features Total acreage: 35+ acres (approx. 33 acres in row crop) Road frontage: 2,000+ feet on Paradise Road Utilities: City water available along Paradise Road Location: Martinsville, Morgan County - inside the Martinsville School System Top uses: Residential development, multiple home sites, investment/land bank, agricultural income while planning Access: Excellent road exposure and easy access to nearby services and highways Privacy & visibility: Large, buildable parcels with strong frontage for lot division or estate homes Why this property stands out, this is one of the few large tracts near Martinsville offering both significant tillable acreage and extensive road frontage with city water at the road - dramatically reducing infrastructure costs for new homes or lots. The current row-crop income helps cover holding costs while you plan development. Location within the Martinsville School System adds strong market appeal for families.

Location

Street address
Paradise Lake Rd
Community
Morgan - Green
School district
MSD Martinsville Schools
Elevation
770 feet
Coordinates
39.5137, -86.2587

Property details

Acreage
35.5 acres
Zoning
ag
MLS #
MIBOR 22082325
Posted

Parcels

  • 551001200001000009

Legal description

Details and features

Listing

Type
Land
Subtype
Farm

Nearby schools

NameTypeDistrict
John R. Wooden Middle SchoolMiddleMSD Martinsville Schools

Listing history

DateEventPriceChangeSource
Feb 2, 2026Price drop$500,000$350,000 -41.2%MIBOR
Feb 2, 2026New listing$850,000MIBOR
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This 35.5-acre property is located at Paradise Lake Rd in Martinsville, IN 46151. The property is available for sale for $500,000 with a price per acre of $14,085.

Checked 1 hour ago — Updated

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