Agricultural

Martinsville, IN Agricultural Land / Farmland for Sale

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Mixed-Zoned Land for Development
Updated: Feb 13
Mixed-Zoned Land for Development

4440 State Road 37 N, Martinsville, IN 46151

$6,800,000
29.87 AC lot
30‑acre site in Morgan County with TIF funds, abatements, and additional incentives available through Morgan County
Approximately 30‑minute drive to downtown Indianapolis and about 25 minutes to Indianapolis International Airport
About 15 minutes to I‑465, and approximately 30‑minute commute to Bloomington, Indiana
Two parcels: one parcel zoned B2; second parcel zoned B3 on the front with Agricultural zoning at the rear
Rear of property backs up to the White River; adjacent to newly constructed roundabouts on Henderson Ford Road along the I‑69 corridor
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Agricultural Land with Multiple Uses
Updated: May 4
Agricultural Land with Multiple Uses

00D Waverly Road, Martinsville, IN 46151

$759,750
30.39 AC lot
Approximately 30+/- acres of land
Sewer: septic needed
Located in northern Morgan County near Interstate 69
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Agricultural Acreage for Sale
Agricultural Acreage for Sale

7892 N Whiteland Lane, Martinsville, IN 46151

$413,400
20.67 AC lot

20.67-acre agricultural-zoned tract suitable for farming, a homesite, or long-term hold near I-69.

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Agricultural Land Tract
Agricultural Land Tract

00A S R 37, Martinsville, IN 46151

$1,542,750
56.10 AC lot

A 56.1-acre agricultural-zoned tract suited for farming, hunting, or future homesite development.

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Agricultural Land Tract for Sale
Agricultural Land Tract for Sale

00E R 37, Martinsville, IN 46151

$454,100
23.90 AC lot

Agricultural-zoned land in Morgan County suitable for farming, residential development, or long-term holding.

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Cattle Pasture Tract with Road Frontage
Cattle Pasture Tract with Road Frontage

N Waverly Park Rd, Martinsville, IN 46157

$500,000
20.00 AC lot

Gently rolling cattle pasture with about 975 feet of road frontage and utilities available at the road.

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Agricultural Land with Hunting Potential
Agricultural Land with Hunting Potential

S 37, Martinsville, IN 46151

$3,170,000
131.06 AC lot

Agricultural-zoned acreage suited for farming, hunting, or establishing residential homesites.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Martinsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Zoned R-2 Farmland Tract
Zoned R-2 Farmland Tract

1346 S Morgantown Road, Greenwood, IN 46143

$1,100,000
21.25 AC lot

21.25-acre R-2 agricultural tract with city water available and defined building site area for development planning.

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Agricultural Land Parcel for Sale
Agricultural Land Parcel for Sale

Dayhuff E Road, Mooresville, IN 46158

$504,900
20.68 AC lot

Level farmland with open fields, wooded areas, and a creek, zoned for agricultural use in Morgan County.

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Acreage with Historic Barn and Pavilion
Acreage with Historic Barn and Pavilion

2021 Old State Road 37, Greenwood, IN 46143

$300,000
7.78 AC lot

Seven-plus acre property with a historic barn, screened pavilion with bar area, pond with gazebo, and multiple outbuildings.

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Agricultural Land for Sale
Agricultural Land for Sale

Watson Road lot: 6, Mooresville, IN 46158

$539,000
22.00 AC lot

Over 22 acres zoned Ag Res in Mooresville, suited for continued farm use or a small hobby farm setting.

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Martinsville, IN Agricultural Land / Farmland Market Trends and Statistics

Explore 7 agricultural land / farmland for sale in Martinsville, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $13,140,000.

Sale prices for farmlands in Martinsville, IN start at $413,400, averaging $2,190,000, and reaching up to $6,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 32K
Population Growth (5Y) +1.7%
Median Household Income $77,724
College Educated 26.4%

High-Yield Neighborhoods for Investment

Identify Martinsville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46151 $1.9M

Taxes & Financing

Tax Rate (average for all types) 1.52%
Property Tax per SF $25.34 per SF
Tax Rate vs County Average 0.40 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Martinsville fall within the 5 to 10 acres range.

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