$525,000
$35K PRICE DROP

7333 State Road 42 Martinsville, IN 46151

Estimated payment $3,123/month

Total Views 15,022
5 Beds
3.5 Baths
3,084 Sq Ft
$170 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Mature Trees
  • Wood Flooring
  • Updated Kitchen
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

Discover the space and freedom you've been looking for with this rare country property, set on 2.5 acres that presents so many opportunities you don't want to miss! This home is bursting with potential for you to create your ultimate dream home or cultivate a new lifestyle. With space to breathe, privacy, and the freedom to live without the constraints of an HOA, you can have a mini farm, grow your own food, or just enjoy peaceful evenings under a star-filled sky- to name a few! Further, for hobbyists, business owners, or anyone who needs serious workspace, the massive 2,000+ sq ft outbuilding is a standout feature that sets this one apart. With concrete floors, multiple workstations, a wash sink, heating, two garage doors, and even plumbing in place for a full bathroom, it's ready to function as a dream workshop, auto space, or home business setup. You'll also find a 2-car attached garage for even more storage and function. Let's not forget the spacious, custom-built home that offers over 3,000 square feet of finished living space, with room to grow thanks to an additional 1,400 square feet of unfinished basement-perfect for creating a home theater, gym, or additional living space. The basement combined with 3 additional level means there is not a shortage of space or flexibility in how to arrange the spaces as you can envision them. What's more is that all five bedrooms also generously sized walk-in closets, offering storage and convenience rarely found! The primary bedroom serves as a private retreat, complete with an ensuite bathroom featuring a walk-in shower, whirlpool tub, and double vanity-perfect for starting and ending your day in comfort. It is clear this home has so much to offer, whether you're looking for room to grow, space to create, or a peaceful retreat with practical advantages, this one-of-a-kind property delivers the best of both comfort and potential to nurture your dreams!

Listing Agent

Patrick Keller

CrestPoint Real Estate License #RB15001255 Listed on: 05/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 2.51 Acre Lot
  • Mature Trees

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Tandem Parking
  • Garage Door Opener

Property Views

  • Woods
  • Pasture
  • Rural

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Woodwork
  • Tray Ceiling
  • Cathedral Ceiling
  • Paddle Fans
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Storage
  • Permanent Attic Stairs

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Liquid Propane Gas Water Heater

Community Details

  • No Home Owners Association
  • Brockwind Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 55-03-28-400-003.001-001 / 28
  • Assessor Parcel Number 550328400003001001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,218

Year Built

Built in 1999 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1999
  • Building Area Total: 4511
  • Garage Y N: Yes
  • Lot Size Acres: 2.51
  • Subdivision Name: Brockwind Estates
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: https://www.patrickkeller.realtor/
  • Accessibility Features YN: No
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Daylight, Full, Roughed In, Storage Space, Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Double Oven, Electric Oven, Propane Water Heater, Water Softener Owned
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Attic Stairway, Cathedral Ceiling(s), Tray Ceiling(s), Entrance Foyer, Paddle Fan, Hardwood Floors, Eat-in Kitchen, Pantry, Supplemental Storage, Walk-In Closet(s), Wood Work Stained
  • Living Area: 3084
  • Main Level Bedrooms: 1
  • Other Equipment: None
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1427
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 1657
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Direction Faces: West
  • Exterior Features: Storage, Lighting, Storage Shed
  • Foundation Details: Block
  • List Price: 525000
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View: Pasture, Rural, Trees/Woods
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Gravel, Garage Door Opener, Guest, Heated Garage, Garage Faces Rear, Storage, Tandem, Workshop in Garage, Other
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry,Service Door
  • Garage Sq Ft: 2640

Utilities

  • Utilities: Cable Available, Electricity Connected, Septic System
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Connections All, Laundry Room, Main Level, Upper Level, Sink
  • Water Source: Well, Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 109336
  • Parcel Number: 550328400003001001
  • Acres: 1-3 Acres
  • Price Acre: 209163

Tax Info

  • Tax Annual Amount: 3218
  • Tax Block: 28
  • Tax Lot: 55-03-28-400-003.001-001
  • Semi Annual Property Tax Amt: 1609
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,218 $488,400 $66,300 $422,100
2023 $2,923 $464,600 $49,600 $415,000
2022 $3,057 $452,500 $49,600 $402,900
2021 $2,583 $363,900 $39,200 $324,700
2020 $2,521 $344,800 $36,900 $307,900
2019 $2,534 $323,400 $27,600 $295,800
2018 $2,292 $299,500 $24,600 $274,900
2017 $2,026 $272,200 $24,600 $247,600
2016 $2,002 $275,100 $24,600 $250,500
2014 $1,279 $277,800 $24,600 $253,200
2013 $1,279 $283,000 $24,600 $258,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $525,000 0.0% $170 / Sq Ft
08/07/2025 08/07/25 Pending -- -- --
07/17/2025 07/17/25 Price Changed $525,000 -3.7% $170 / Sq Ft
06/11/2025 06/11/25 Price Changed $545,000 -2.7% $177 / Sq Ft
05/23/2025 05/23/25 For Sale $559,900 -- $182 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Mortgage History

Date Status Loan Amount Loan Type
Closed $231,000 Credit Line Revolving
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22040008

MIBOR Broker Listing Cooperative®

APN: 55-03-28-400-003.001-001