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

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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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    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
    Residential Land Parcel

    Kristi Road N, Martinsville, IN 46151

    $350,000
    1.89 AC lot

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

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

    520 Paris Dr, 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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    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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    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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    Residential Land Lot
    Residential Land Lot

    4410 N Somerset Dr, Martinsville, IN 46151

    Contact for pricing
    0.83 AC lot

    Residential lot offers sloped, wooded terrain and community water and sewer availability in an HOA community.

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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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    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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    Land
    Land

    00E State Road 37 N, Martinsville, IN 46151

    $454,100

    Agricultural land / Farmland

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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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    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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    Waterfront Residential Land Lot
    Waterfront Residential Land Lot

    2945 Fox Court E, Martinsville, IN 46151

    $55,000

    Waterfront residential lot backing a lake, with mature trees and community amenities including pool, tennis, and clubhouse access.

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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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    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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    Land
    Land

    5578 Nebo Country Dr, Martinsville, IN 46151

    $170,000

    Waterfront Land

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    Residential Lot in Peaceful Subdivision
    Residential Lot in Peaceful Subdivision

    S Austin Court, Martinsville, IN 46151

    $86,800
    2.17 AC lot

    2.17 acre residential lot perfect for building a dream home.

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    Residential Home Building Lot
    Residential Home Building Lot

    3036 Musgrave Rd, Martinsville, IN 46151

    $179,999

    Residential land available in Green Township for construction of a new home.

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    Residential Lot in Peaceful Subdivision
    Residential Lot in Peaceful Subdivision

    2122 S Austin Court, Martinsville, IN 46151

    $97,560
    2.71 AC lot

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

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    Wooded Land Parcel For Sale
    Wooded Land Parcel For Sale

    3861 N Kindred Rdg, Martinsville, IN 46151

    $215,000
    13.29 AC lot

    13.29 acre wooded parcel with multiple building sites.

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    Residential Lot in Peaceful Subdivision
    Residential Lot in Peaceful Subdivision

    2098 S Austin Court, Martinsville, IN 46151

    $80,800
    2.03 AC lot

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

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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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    Wooded Residential Lot in Golf Community
    Wooded Residential Lot in Golf Community

    1865 Red Fox Court E, Martinsville, IN 46151

    $54,000
    0.61 AC lot

    Build in a wooded residential lot backing the 18th hole of Foxcliff Golf Course within a full amenity community.

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

    Explore 65 residential land & home lots for sale in Martinsville, IN, showcased through 65 active listings on our real estate platform. These investment opportunities span a total of 10,608,907 square feet of properties for sale, with an estimated market value of $9,056,306.

    Sale prices for home sites in Martinsville, IN start at $30,999, averaging $158,882, and reaching up to $759,750 — 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 42
    Commercial land 34
    Waterfront Land 11
    Agricultural land / Farmland 9
    Hunting land 4

    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 $146K

    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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