Martinsville, IN Land for Sale

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Monrovia, IN Mooresville, IN Brooklyn, IN

69 listings

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$6,800,000

29.87 Acres

Mixed-Zoned Land for Development

4440 State Road 37 N, Martinsville, IN 46151

Near the White River with B2 and B3 zoning, plus agricultural zoning on part of the site.

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

Updated: Feb 13

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$200,900

5.74 Acres

Waterfront Residential Land Lot

2013-2006 S Austin Court, Martinsville, IN 46151

5.74-acre residential waterfront lot on a quiet cul de sac with multiple potential building sites.

5.74‑acre waterfront lot with pond and lake front features
Waterfront property with direct water access depending on where you build
Multiple potential building sites for choosing water views or a walkout
Located on a quiet cul‑de‑sac in a rural neighborhood with mature trees
Septic needed (sewer: septic needed)

Updated: Apr 24

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Two Lakefront Lots in Residential Community

$170,000

6.52 Acres

Two Lakefront Lots in Residential Community

Two parcels with direct lake frontage and residential zoning, set on a quiet cul-de-sac for a custom lakeside build.

3210 Kestrel Court, Martinsville, IN 46151

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$122,000

3.05 Acres

Residential Lot in Peaceful Subdivision

3.05 acre residential lot for building a dream home.

2039 S Austin Court, Martinsville, IN 46151

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$759,750

30.39 Acres

Agricultural Land with Multiple Uses

Agricultural-zoned acreage suited for farming, hunting, or developing residential homesites in Morgan County.

00D Waverly Road, Martinsville, IN 46151

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$300,000

1.03 Acres

1-Acre Commercial Land Lot

Commercially zoned 1-acre lot in Martinsville suited for a variety of development plans.

555 Commercial Boulevard, Martinsville, IN 46151

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$350,000

1.89 Acres

Residential Land Parcel

Wooded residential lot in Martinsville with zoning classified as Exempt Religious and convenient access to I-69.

Kristi Road N, Martinsville, IN 46151

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$5,800,000

10.00 Acres

Zoned Commercial Development Land

Multi-zoned 10-acre commercial parcel with electrical service on site and county TIF incentives available for development.

Wysscraft Lane, Martinsville, IN 46151

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$154,000

2.49 Acres

Residential Lot in Rolling Hills

2.5 acre building lot with utilities in Martinsville, IN.

Paris Drive, Martinsville, IN 46151

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$413,400

20.67 Acres

Agricultural Acreage for Sale

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

7892 N Whiteland Lane, Martinsville, IN 46151

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$220,000

5.21 Acres

Residential Lots in Sand Creek

5.21 acre residential lot ready for your new home.

3116 E Indian Summer Lane, Martinsville, IN 46151

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Buildable Residential Lot in Lake Community

$50,000

0.78 Acres

Buildable Residential Lot in Lake Community

Buildable wooded lot in a private lake community with HOA design requirements and utilities at the street.

Sunnyslope E Drive, Martinsville, IN 46151

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$225,000

7.72 Acres

Elevated Residential Building Lot

Elevated 7.72-acre residential lot with utilities at the road and a cleared building site ready for construction.

1867 Dynasty Ridge Road, Martinsville, IN 46151

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$1,542,750

56.10 Acres

Agricultural Land Tract

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

00A S R 37, Martinsville, IN 46151

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$48,750

0.73 Acres

Double Lake-Community Home Lot

Utilities are available at the road and water views are across the street in a private lake community.

Lakeview Drive E, Martinsville, IN 46151

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$37,500

0.59 Acres

Residential Lot in Foxcliff South

Homesite in established community with pond view and amenities.

2036 Silver Fox Drive W, Martinsville, IN 46151

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$449,900

0.37 Acres

Commercial Land with Office Building

Corner commercial B-3 land with immediate I-69 access and a small existing building, served by municipal water and septic.

9393 N Waverly Park Road, Martinsville, IN 46151

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Agricultural Land with Hunting Potential

$3,170,000

131.06 Acres

Agricultural Land with Hunting Potential

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

S 37, Martinsville, IN 46151

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$80,800

2.03 Acres

Residential Lot in Peaceful Subdivision

2.02 acre residential lot in a quiet cul-de-sac.

2098 S Austin Court, Martinsville, IN 46151

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$97,560

2.71 Acres

Residential Lot in Peaceful Subdivision

2.71 acre residential lot in a quiet cul-de-sac.

2122 S Austin Court, Martinsville, IN 46151

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Contact for pricing

1.79 Acres

Residential Cul-de-Sac Homesite

1.79-acre residential lot backing a golf course driving range, with community pool and tennis courts.

1750 W Foxcliff Drive S, Martinsville, IN 46151

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$55,000

0.45 Acres

Waterfront Single-Family Lot

Single-family residential lot with lake views and nearby community amenities, suitable for building a private home.

2945 Fox Court E, Martinsville, IN 46151

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Waterfront Land Parcel with Canal Access

Contact for pricing

0.53 Acres

Waterfront Land Parcel with Canal Access

Residentially zoned land with direct canal access for kayaking to the main lake, ideal for outdoor-focused use.

4616 Upper Patton Park Road, Martinsville, IN 46151

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$454,100

23.90 Acres

Agricultural Land Tract for Sale

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

00E R 37, Martinsville, IN 46151

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Martinsville, IN Land Market Trends and Statistics

Explore 72 land for sale in Martinsville, IN, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 40 square feet of properties for sale, with an estimated market value of $4,000,000.

Sale prices for lots in Martinsville, IN start at $4,000,000, averaging $4,000,000, and reaching up to $4,000,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$1.1M

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

Property Size Breakdown

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

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