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    000 S R 37 Martinsville, IN 46151

    For Sale
    $4,036,693

    Residential Lots - Martinsville, IN

    Lot size:
    131.06 Acres
    Days on Market:
    142
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 000 S R 37

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agricultural
    APN
    550624300004000011
    Lot size
    131.06 Acres

    Building Details

    Architectural style
    Other

    CENTURY 21 Scheetz (317) 844-5111 [email protected]

    Listing agent Mark Linder (317) 844-5111 License #RB14044403

    Listing date Jul 18, 2025

    MLS# 22041865 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Agricultural Land Opportunity

    This property consists of approximately 131 acres of land suitable for farming, hunting, residential homesites, or long-term investment. Located in northern Morgan County and bordering Interstate 69, the acreage offers both current and future opportunities. The listing includes multiple parcels: approximately 56 acres, 20 acres, 30 acres, and 23 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.418708
    Latitude
    39.411508

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    FAQs

    What type of property is this?
    Land - 131+/- acres of land for farming, hunting, or residential homesites.
    Where is this land located?
    The property is located at 000 S R 37 Martinsville, IN.
    What is the asking price?
    The asking price for this property is $4,036,693.
    What are key features of this property?
    This property features: - Prime 131 +/- acres of land, offering endless current and future opportunities.; - Located in northern Morgan County, bordering Interstate 69.; - Suitable for farming, hunting, or residential homesites.
    (317) 844-5111
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 S R 37 Martinsville, IN 46151
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