
Agricultural Land for Sale in Martinsville, Indiana
Paradise Lake Rd, Martinsville, IN 46151
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
- County
- Morgan County
- Community
- Morgan - Green
- School district
- MSD Martinsville Schools
- Elevation
- 770 feet
Property details
- Acreage
- 35.5 acres
- Zoning
- ag
- MLS #
- MIBOR 22082325
- Posted
Parcels
- 551001200001000009
Legal description
S1 T12 R2e Pt Ne 9.56 A, S1 T12 R2E PT NE 12.456 AC, S1 T12 R2E PT NE 13.53 A
Details and features
Listing
- Type
- Land
- Subtype
- Farm
Nearby schools
| Name | Type | District |
|---|---|---|
| John R. Wooden Middle School | Middle | MSD Martinsville Schools |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 2, 2026 | Price drop | $500,000 | $350,000 -41.2% | MIBOR |
| Feb 2, 2026 | New listing | $850,000 | — | MIBOR |
