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    Martinsville, IN
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    Martinsville, IN Residential Land & Home Lots for Sale

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    Residential Waterfront Lot Package
    Updated: Jul 24
    Residential Waterfront Lot Package

    Lake S Drive, Martinsville, IN 46151

    $359,000
    2.82 AC lot
    Four adjoining wooded lots totaling approx. 2.82 acres in the Painted Hills Lake Community
    Road frontage with waterfront access on scenic Lake Nebo
    HOA includes access to Lake Holiday, a private 150‑acre ski lake for boating, skiing, tubing, swimming, and fishing
    HOA also includes access to the 46‑acre Lake Nebo for kayaking, paddleboarding, and relaxing on the water
    Community amenities include private beach, swimming pool, clubhouse, members‑only restaurant and bar, and kayak launch
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    Residential Land Parcel
    Updated: Apr 24
    Residential Land Parcel

    Kristi Road N, Martinsville, IN 46151

    $350,000
    1.89 AC lot
    5.51 acres of residential land with mature trees for a private, natural setting
    Public sewer available
    Quick and easy access to I‑69 for commuting to Indianapolis and Bloomington
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    Waterfront Residential Land
    Waterfront Residential Land

    2013-2006 S Austin Court, Martinsville, IN 46151

    $200,900
    5.74 AC lot

    Vacant residential lot on a quiet cul-de-sac with waterfront access and water-adjacent building options.

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    Land
    Land

    1740 Haven Trl, Martinsville, IN 46151

    $150,000
    218,279 sqft

    Residential land & home lots · 218,279 SF

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    Residential Lot in Peaceful Subdivision
    Residential Lot in Peaceful Subdivision

    2039 S Austin Court, Martinsville, IN 46151

    $122,000
    3.05 AC lot

    3.05 acre residential lot for building a dream home.

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    Residential Lot in Rolling Hills
    Residential Lot in Rolling Hills

    Paris Drive, Martinsville, IN 46151

    $154,000
    2.49 AC lot

    2.5 acre building lot with utilities in Martinsville, IN.

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    Recreation and Hunting Land Tract
    Recreation and Hunting Land Tract

    5075 W Big Hurricane Road, Martinsville, IN 46151

    $300,000
    20.52 AC lot

    Heavily wooded tract with established off-road trails and a cleared building site with electric on-site.

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    Residential Land Lot with Pond Frontage
    Residential Land Lot with Pond Frontage

    520 Paris Drive, Martinsville, IN 46151

    $187,000
    3.00 AC lot

    Rural homesite with pond frontage, mature trees, and privacy—space to build in a quiet subdivision setting.

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    Residential Lots in Sand Creek
    Residential Lots in Sand Creek

    3116 E Indian Summer Lane, Martinsville, IN 46151

    $199,900
    5.21 AC lot

    5.21 acre residential lot ready for your new home.

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    Non-Buildable Waterfront Retreat Lot
    Non-Buildable Waterfront Retreat Lot

    Kinnington Road, Martinsville, IN 46151

    Contact for pricing
    0.31 AC lot

    Wooded, membership-only lake community lot that is not currently buildable, with access to shared lake and recreation amenities.

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    Land
    Land

    00E State Road 37 N, Martinsville, IN 46151

    $454,100

    Agricultural land / Farmland

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    Wooded Corner Home Site Lots
    Wooded Corner Home Site Lots

    E Jackie Court, Martinsville, IN 46151

    $56,000
    0.73 AC lot

    Two wooded, buildable corner lots in a lake community with utilities at the road and a soil test for a septic system.

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    Membership Waterfront Lot
    Membership Waterfront Lot

    Rembrandt Drive, Martinsville, IN 46151

    Contact for pricing
    0.50 AC lot

    Unimproved, non-buildable waterfront lot in a private lake community with annual member dues for access to amenities.

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    Land
    Land

    7892 Whiteland Rd, Martinsville, IN 46151

    $413,400

    Agricultural land / Farmland

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    Wooded Membership Lake Lot
    Wooded Membership Lake Lot

    Cherry Court, Martinsville, IN 46151

    Contact for pricing
    0.50 AC lot

    Wooded membership lot in a private lake community on Cherry Court, currently not considered buildable.

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    Non-Buildable Waterfront Lot
    Non-Buildable Waterfront Lot

    Sunnyslope E Drive, Martinsville, IN 46151

    Contact for pricing
    0.32 AC lot

    Non-buildable lot in a residentially zoned private lake community with access to two lakes and extensive recreational amenities.

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    Land
    Land

    5578 Nebo Country Dr, Martinsville, IN 46151

    $170,000

    Waterfront Land

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    Lake Community Buildable Lot
    Lake Community Buildable Lot

    Sunnyslope E Drive, Martinsville, IN 46151

    $50,000
    0.78 AC lot

    Buildable residential lot in the Painted Hills lake community with HOA requirements for a custom home and utilities at the street.

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    Wooded Cul-de-Sac Home Lot
    Wooded Cul-de-Sac Home Lot

    LOT 293 Durham East Drive, Martinsville, IN 46151

    $32,000
    0.57 AC lot

    Wooded lot on a quiet cul-de-sac backing to trees in a community with clubhouse and recreational amenities.

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    Residential Waterfront Community Lot
    Residential Waterfront Community Lot

    Lakeview Drive E, Martinsville, IN 46151

    $48,750
    0.73 AC lot

    Double lot in a private lake community with mature woods and water views across the street.

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    Land
    Land

    00 Sichting Rd, Martinsville, IN 46151

    $490,000

    Residential land & home lots

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    Residential Lot in Foxcliff South
    Residential Lot in Foxcliff South

    2036 Silver Fox Drive W, Martinsville, IN 46151

    $37,500
    0.59 AC lot

    Homesite in established community with pond view and amenities.

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    15.25 Acres Multifamily Opportunity
    15.25 Acres Multifamily Opportunity

    Mahalasville Rd, Martinsville, IN

    Contact for pricing
    15.25 AC lot

    15.25 acres pre-approved and zoned for multifamily development.

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    Waterfront Land Lot for Custom Home
    Waterfront Land Lot for Custom Home

    2945 Fox Court E, Martinsville, IN 46151

    $55,000
    0.45 AC lot

    Waterfront lot with mature-tree setting and public sewer access in a residential single-family area.

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    Martinsville, IN Residential Land & Home Lots Market Trends and Statistics

    Explore 62 residential land & home lots for sale in Martinsville, IN, showcased through 62 active listings on our real estate platform. These investment opportunities span a total of 11,003,691 square feet of properties for sale, with an estimated market value of $9,618,559.

    Sale prices for home sites in Martinsville, IN start at $30,999, averaging $181,482, and reaching up to $490,000 — 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

    Residential land & home lots 41
    Commercial land 26
    Agricultural land / Farmland 11
    Waterfront Land 9
    Recreation land 7

    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 $154.6K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Morgan County

    Retail

    Property Size Breakdown

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

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