19

Martinsville, IN Homes for Sale under $200,000

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  • 510 S Cherry St, Martinsville, IN 46151
    510 S Cherry St, Martinsville, IN 46151
    510 S Cherry St, Martinsville, IN 46151
    /20

    $199,900

    • 3 Beds
    • 1 Bath
    • 1,051 Sq Ft

    510 S Cherry St, Martinsville, IN 46151

    This 1900s updated charmer is sweeter than cherry pie! It has 3 bedrooms, 1 bathroom, a partially finished basement and a detached 1 car garage for under $200K! The welcoming covered front porch will encourage you to take a few minutes to wake up slow on the weekends and enjoy some coffee. You'll love the fresh neutral paint and new luxury vinyl plank flooring throughout the living areas of the

    Agent Photo

    Elizabeth Ewbank

    Highgarden Real Estate

    (765) 540-9285

    510 S Cherry St, Martinsville, IN 46151
  • 0 E Oro Ln, Washington Township, IN 46151
    0 E Oro Ln, Washington Township, IN 46151
    0 E Oro Ln, Washington Township, IN 46151
    /20

    $140,000

    • Land
    • 5.38 Acres
    • $26,022 per Acre

    0 E Oro Ln, Washington Township, IN 46151

    Discover your dream property with this stunning five-acre parcel featuring mature trees and picturesque rolling hills. This beautiful piece of land offers the perfect building site for your custom home, surrounded by nature's beauty. Enjoy the tranquility and privacy of country living while being just a short drive from town. Don't miss this rare opportunity to own a slice of paradise!

    Agent Photo

    Scott Dodson

    Fox Haven Realty, LLC

    (765) 391-1057

    0 E Oro Ln, Washington Township, IN 46151
  • 1125 Thomas Dr Unit 36462237, Martinsville, IN 46151
    1125 Thomas Dr Unit 36462237, Martinsville, IN 46151
    1125 Thomas Dr Unit 36462237, Martinsville, IN 46151
    /40

    $199,995 New Construction

    • 2 Beds
    • 2 Baths
    • 1,159 Sq Ft

    Coach Plan at Hanna Farms - Arrival Series, Martinsville, IN 46151

    The Coach Floor Plan: Affordable and Designed for Your Lifestyle Designed with your lifestyle in mind, the Coach floor plan maximizes space and functionality to give you a comfortable place to call home featuring 2 bedrooms and 2 full baths with an unfinished powder bath on the first floor. Enjoy the benefits of shared living without compromising space or privacy. Optimized Layout and

    Arbor Homes Builder
    1125 Thomas Dr Unit 36462237, Martinsville, IN 46151
  • 0 Little Hurricane Rd Unit 26410654, Martinsville, IN 46151
    0 Little Hurricane Rd Unit 26410654, Martinsville, IN 46151
    0 Little Hurricane Rd Unit 26410654, Martinsville, IN 46151
    /51

    $125,000

    • Land
    • 10 Acres
    • $12,500 per Acre

    0 Little Hurricane Rd Unit 26410654, Martinsville, IN 46151

    Small acreage with big opportunity! Just 15 minutes to Interstate 70 or 20 minutes to Martinsville, this Morgan County 10 +/- acres pack a big punch for the price. Whether you are looking for a building site for a home or barn, or simply want a property to hunt, this could be a great investment. This land has 728 feet of road frontage on popular Little Hurricane Road with water and electric

    Jason DeArman Midwest Land Group

    0 Little Hurricane Rd Unit 26410654, Martinsville, IN 46151
  • 5041 Nature Hills Ln, Martinsville, IN 46151
    5041 Nature Hills Ln, Martinsville, IN 46151
    5041 Nature Hills Ln, Martinsville, IN 46151
    /31

    $189,900

    • Land
    • 6.86 Acres
    • $27,682 per Acre

    5041 Nature Hills Ln, Martinsville, IN 46151

    6.8 Acres for Sale in Morgan County! Discover the perfect blend of peace and convenience with this beautiful 6.8-acre property in Morgan County. Water and electric are already available on-site-making it ready for your dream home. Enjoy a spacious clearing overlooking a quaint, private pond that provides a serene backdrop for your future retreat. A 30x36 concrete-floor pole barn with a 12'

    Khloe Anderson Land Pro Realty

    5041 Nature Hills Ln, Martinsville, IN 46151
  • 4391 N Templin Rd, Martinsville, IN 46151
    4391 N Templin Rd, Martinsville, IN 46151
    4391 N Templin Rd, Martinsville, IN 46151
    /34

    $167,900

    • 2 Beds
    • 1 Bath
    • 971 Sq Ft

    4391 N Templin Rd, Martinsville, IN 46151

    A charming little gem awaits its next chapter in a private setting overlooking a fully stocked lake. Radiating a playful spirit inside/out. Notice the main level is in the basement. You will see why when you arrive. Hint hint...it's the view. Whether it's your main home or "get away" place. Every square inch of its 971 square feet (including glassed sunroom) feels thoughtfully arranged for

    Debbie Cox Carpenter, REALTORS®

    4391 N Templin Rd, Martinsville, IN 46151
  • 4305 Belt Ln, Martinsville, IN 46151
    4305 Belt Ln, Martinsville, IN 46151
    4305 Belt Ln, Martinsville, IN 46151
    /3

    $150,000

    • 1 Bed
    • 1 Bath
    • 675 Sq Ft

    4305 Belt Ln, Martinsville, IN 46151

    Attention Nature Lovers! Sellers have observed every species of wildlife native to Indiana on the 2 parcels equaling 4.2 acres in rural Morgan County. A view of Patton Lake is yours to enjoy with water access available at public access points of entry per the seller. A 1950s built cabin features electric baseboard heat and a wood stove. Sellers have left stacked and seasoned firewood for your

    Julianne Jennings Jennings Real Estate, LLC

    4305 Belt Ln, Martinsville, IN 46151
  • 5245 Upper Patton Park Rd, Martinsville, IN 46151
    5245 Upper Patton Park Rd, Martinsville, IN 46151
    5245 Upper Patton Park Rd, Martinsville, IN 46151
    /28

    $199,900

    • Land
    • 28.5 Acres
    • $7,014 per Acre

    5245 Upper Patton Park Rd, Martinsville, IN 46151

    What a pleasure to introduce you to this beautiful tract of recreational real estate in the heart of Morgan County! Consisting of 3 parcels totaling 35 acres +/- and located very near Patton Lake, this property will provide the new owner an incredible opportunity to take advantage of all the wildlife that calls this area home. From whitetail deer to turkey to waterfowl to small game, this

    Mark Boswell Mossy Oak Properties

    5245 Upper Patton Park Rd, Martinsville, IN 46151
  • 3540 W Hickory Creek Ct, Martinsville, IN 46151
    3540 W Hickory Creek Ct, Martinsville, IN 46151
    3540 W Hickory Creek Ct, Martinsville, IN 46151
    /8

    $120,000

    • Land
    • 11.7 Acres
    • $10,256 per Acre

    3540 W Hickory Creek Ct, Martinsville, IN 46151

    Paradise with no HOA. Park the car and wander this 11.7 acre wooded lot in Martinsville Schools and FALL in LOVE!! Absolutely stunning with rolling topography and wood galore, this special slice of heaven is hard to find. Great building site already laid out and septic approved with the county. Secluded off the main road, you fell a million miles away, but located conveniently close to SR 67 and

    Patsy Coffey Keller Williams Indy Metro S

    3540 W Hickory Creek Ct, Martinsville, IN 46151
  • 259 S Marion St, Martinsville, IN 46151
    259 S Marion St, Martinsville, IN 46151
    259 S Marion St, Martinsville, IN 46151
    /19

    $180,000

    • 3 Beds
    • 2 Baths
    • 1,716 Sq Ft

    259 S Marion St, Martinsville, IN 46151

    Built in 1820, this 3-bed, 2-bath Colonial sits in the heart of downtown Martinsville - just steps from shops, dining, and local amenities. The functional two-story layout offers 1,716 sq ft featuring hardwood floors, generous room sizes, a spacious eat-in kitchen, covered front porch, rear patio, storage shed, and mature trees on a 6,229 sq ft lot. Whether you're a first-time buyer, growing

    Kevin Hudoba Keller Williams Indpls Metro N

    259 S Marion St, Martinsville, IN 46151
  • 1079 S Crawford St, Martinsville, IN 46151
    1079 S Crawford St, Martinsville, IN 46151
    1079 S Crawford St, Martinsville, IN 46151
    /30

    $164,999

    • 2 Beds
    • 1 Bath
    • 801 Sq Ft

    1079 S Crawford St, Martinsville, IN 46151

    Welcome to this move-in ready home in Martinsville! This 2-bedroom property has been thoughtfully refreshed so you can settle in and start enjoying it from day one. Inside, you'll love the brand-new flooring throughout paired with fresh neutral paint that creates a bright, clean backdrop for any style. Other updates include a new bathroom vanity, new exterior doors into the home, updated

    Hannah Walker Berkshire Hathaway Home

    1079 S Crawford St, Martinsville, IN 46151
  • 359 W Sumner Ave, Martinsville, IN 46151
    359 W Sumner Ave, Martinsville, IN 46151
    359 W Sumner Ave, Martinsville, IN 46151
    /27

    $177,500

    • 3 Beds
    • 1 Bath
    • 860 Sq Ft

    359 W Sumner Ave, Martinsville, IN 46151

    Welcome to this well-maintained three-bedroom, one-bath ranch-style home located within Martinsville city limits, offering convenience, updates, and everyday accessibility. Situated on a quiet street, this home places you just minutes from local shopping, dining, parks, and entertainment, making it easy to enjoy everything Martinsville has to offer. Inside, the home features 860 square feet of

    Stacey Swartz The Stewart Home Group

    359 W Sumner Ave, Martinsville, IN 46151
  • 276 N Mulberry St, Martinsville, IN 46151
    276 N Mulberry St, Martinsville, IN 46151
    276 N Mulberry St, Martinsville, IN 46151
    /52

    $177,000

    • 2 Beds
    • 1 Bath
    • 1,392 Sq Ft

    276 N Mulberry St, Martinsville, IN 46151

    Nestled at 276 N Mulberry ST, MARTINSVILLE, IN, this single-family residence offers a unique opportunity to own a piece of Martinsville history. This property, with its classic charm, awaits your personal touch. The residence offers 1392 square feet of living area. With two bedrooms and one full bathroom, the layout is both functional and inviting. Imagine decorating these rooms to reflect your

    Dana McGuire Dana Carrell

    276 N Mulberry St, Martinsville, IN 46151
  • 4501 N Templin Rd, Martinsville, IN 46151
    4501 N Templin Rd, Martinsville, IN 46151
    4501 N Templin Rd, Martinsville, IN 46151
    /24

    $139,999

    • 1 Bed
    • 1 Bath
    • 480 Sq Ft

    4501 N Templin Rd, Martinsville, IN 46151

    Nestled in Morgan County this attractive lake property is in great condition and ready for its next chapter. This charming home offers a unique blend of comfort and character. The living room serves as a captivating focal point, featuring a fireplace that promises cozy evenings and memorable gatherings; the vaulted and beamed ceilings, adorned with wood, enhance the room's atmosphere, while wood

    Justin Bennett Bennett Realty

    4501 N Templin Rd, Martinsville, IN 46151
  • 1740 Haven Trail, Martinsville, IN 46151
    1740 Haven Trail, Martinsville, IN 46151
    1740 Haven Trail, Martinsville, IN 46151
    /15

    $150,000

    • Land
    • 5.01 Acres
    • $29,940 per Acre

    1740 Haven Trail, Martinsville, IN 46151

    Private, wooded, 5 acre building site with an abundance of wildlife & quiet relief from the city, located in the beautiful Scenic View Estates. This land has hills and flat areas making this the perfect oasis to build your dream home. Scenic views of the forested hills and rolling terrain wrap this homesite with beauty. If you desire seclusion and appreciate what only nature can provide, then

    Virginia Iozzo Epique Inc

    1740 Haven Trail, Martinsville, IN 46151
  • 929 S Grant St, Martinsville, IN 46151
    929 S Grant St, Martinsville, IN 46151
    929 S Grant St, Martinsville, IN 46151
    /27

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,204 Sq Ft

    929 S Grant St, Martinsville, IN 46151

    Built in 2005 this in town 3 Bedroom, 2 Bath, 1 Car Rear Load Garage is ready for its next Homeowner. As you enter you are greeted by a Oversized Great Room with nearby Updated Eat in Kitchen with Cabinets Galore. All 3 Bedrooms are spacious highlighted by the Owners Suite with Private Full Bath as well as Large Closet. Bring us a Buyer as the Seller is ready to help make this your Dreaaam Home.

    Mark Studebaker Trueblood Real Estate

    929 S Grant St, Martinsville, IN 46151
  • Lot 5 Goat Hollow Estates, Martinsville, IN 46151
    Lot 5 Goat Hollow Estates, Martinsville, IN 46151
    Lot 5 Goat Hollow Estates, Martinsville, IN 46151
    /7

    $199,000

    • Land
    • 7.67 Acres
    • $25,935 per Acre

    Lot 5 Goat Hollow Estates, Martinsville, IN 46151

    Breathtaking views will be yours from every window of the home you build on this stunning 7.6 acre estate in Morgan County. Driveway has already been placed. Just bring your dreams and builder to get started. Wooded for privacy, this one checks all of the boxes. Well and Septic Required.

    Patsy Coffey Keller Williams Indy Metro S

    Lot 5 Goat Hollow Estates, Martinsville, IN 46151
  • 0 Goat Hollow Estates Lot 4, Martinsville, IN 46151
    0 Goat Hollow Estates Lot 4, Martinsville, IN 46151
    0 Goat Hollow Estates Lot 4, Martinsville, IN 46151
    /11

    $159,000

    • Land
    • 5.3 Acres
    • $30,023 per Acre

    0 Goat Hollow Estates Lot 4, Martinsville, IN 46151

    Mother Nature's beauty will surround your home on this tranquil 5.3 acre setting. Tons of trees create a wall of privacy, yet you are just a short drive to Indy or Bloomington. Bring your builder and begin your forever home TODAY. Covenants and Restrictions. Well and Septic Required.

    Patsy Coffey Keller Williams Indy Metro S

    0 Goat Hollow Estates Lot 4, Martinsville, IN 46151
  • 2925 Fox Ct E, Washington Township, IN 46151
    2925 Fox Ct E, Washington Township, IN 46151
    2925 Fox Ct E, Washington Township, IN 46151
    /33

    $100,000

    • Land
    • 0.4 Acre
    • $250,000 per Acre

    2925 Fox Ct E, Washington Township, IN 46151

    Stop Searching-Start Building! These TWO spacious, waterfront lots offer incredible potential, tucked among mature trees and backing up to a charming little lake that adds peace and beauty to your backyard. Whether you're sipping coffee on your future porch or taking an evening stroll, you'll love the views. Foxcliff South offers a welcoming community with access to a clubhouse, pool, tennis

    Michelle Chandler Keller Williams Indy Metro S

    2925 Fox Ct E, Washington Township, IN 46151
Indiana Morgan County Martinsville

Real Estate & Homes in Martinsville, IN under $200,000

Home Trends in Martinsville, IN

On average, homes in Martinsville, IN sell after 46 days on the market compared to the national average of 55 days. The median sale price for homes in Martinsville, IN over the last 12 months is $246,000, up 11% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$246,000
Median Single Family Sale Price
$249,560
Median Townhouse Sale Price
$440,000
Average Price Per Sq Ft
$157
Number of Homes for Sale
45
Last 12 months Home Sales
213
Months of Supply
2.50
Median List Price
$265,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
11%
How to Buy a Home How to Finance a Home How to Sell a Home

In Martinsville, you'll find a diverse selection of properties with 19 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Martinsville, IN.

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