
7333 State Road 42 Martinsville, IN 46151
Estimated payment $3,123/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $231,000 | Credit Line Revolving |
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Source: MIBOR Broker Listing Cooperative®
MLS Number: 22040008

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