White River Commercial
For Sale
$6,800,000
4440 State Road 37 N, Martinsville, IN 46151
Land, Martinsville, IN
Property SizeContact for details
Lot Size29.87 Acres
Days on Market198
Property Features for 4440 State Road 37 N
General Information
Property type
Land
Property subtype
Other
Zoning
Agricultural, B2, B3
Subdivision
No Subdivision
Lot features
Rural - Not Subdivision, Mature Trees, Zoned
Middle school
John R. Wooden Middle School
Elementary school district
MSD Martinsville Schools
Middle school district
MSD Martinsville Schools
High school district
MSD Martinsville Schools
Directions
GPS Friendly
Standard status
Active
APN
551007200002001009
Lot size
29.87 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
S7 T12 R2e Pt Se 3.101 A & S7 T12 R2E PT NE & PT SE 26.669A
Legal Description
S7 T12 R2e Pt Se 3.101 A & S7 T12 R2E PT NE & PT SE 26.669A
Listing Agency:
CENTURY 21 Scheetz · Century 21 Real Estate
(317) 881-2100
Listed By:
Mark Linder · License #RB14044403
(317) 844-5111
Added: Feb 13
Changed: Aug 28
Last Checked: Aug 30 at 6:06AM
MLS# 22082997
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 29.87-acre commercial land tract includes two parcels with different zoning configurations. One parcel is designated B2, while the second carries B3 zoning across its front portion and Agricultural zoning toward the rear. Electrical utilities are reported on site, with other utilities located near the property. The rear of the tract adjoins the White River.
Newly constructed roundabouts on Henderson Ford Road are adjacent to the property along the I-69 corridor. The site is approximately 15 minutes from I-465, 25 minutes from Indianapolis International Airport, and 30 minutes from downtown Indianapolis and Bloomington. The seller is willing to divide approximately 10 acres from the front portion.
Newly constructed roundabouts on Henderson Ford Road are adjacent to the property along the I-69 corridor. The site is approximately 15 minutes from I-465, 25 minutes from Indianapolis International Airport, and 30 minutes from downtown Indianapolis and Bloomington. The seller is willing to divide approximately 10 acres from the front portion.
Key Highlights
- 29.87 acres of commercial land across two parcels
- One parcel zoned B2; the second has B3 zoning in front and Agricultural zoning in the rear
- Rear of the property adjoins the White River
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 46151, IN
32,335
Population
13,366
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
203.6 sq mi
ZIP Area
159
Density / Sq Mi
$77,724
Median Household Income
$45,426
Median Earnings
$978
Median Rent
$219,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Multiple zoning designations and on-site electrical utilities support a range of commercial land uses.
Where is this commercial land located?
The property is located at 4440 State Road 37 N Martinsville, IN.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: 29.87 acres of commercial land across two parcels; One parcel zoned B2; the second has B3 zoning in front and Agricultural zoning in the rear; Rear of the property adjoins the White River
