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$28,382,000 ↓$8,638,000on 8/18/2024

8000 New Harmony Road Martinsville, IN  46151

  • 1,234.00 Acres

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Property Description for 8000 New Harmony Road Martinsville, IN 46151

Calling all developers! Serene pastures, rolling hills, and lush dense forest, this 1,234 acre property is the perfect location to make your dreams a reality. Property offers a 10,000sq. ft steel pole barn which includes office space set up (full kitchen and bathroom). This boasts all the amenities needed to begin this development project. With two current structures, this blank canvas is ready to be divided up into lots catered exactly to client needs. Natural water features, such as ponds and a creek can assist in lot divisions, ensuring every new lot has a bit of magic on it. All agricultural rights (timber, topsoil, etc.) transfer with title. Easy access to I-69. 10 minutes to Mallow Run Winery, 25 minutes to Morgan Monroe State Forest, and 35 minutes to Indianapolis. This undeveloped paradise is the perfect setting for your clients to receive a custom piece country living with city accessibility.
QuickBuy option for home selling

Address:8000 New Harmony Road Martinsville IN 46151
Status:Active
on site: 155 days
Price:$28,382,000
Bathrooms:0
Lot Size:1234.00
County: Morgan
Township: Green
MLS #:21986497
Property Type:Farm

Lot Dimensions:53753040
Road Frontage:City Street, Interstate
Road Access:Not Applic
Road Surface:Gravel
Zoning:Agriculture, Residential
Directions:GPS Friendly

Loan Price
$159,968
Price And Interest $148,054/month
Property Tax $88/month
MTG INS $0/month
HOME INS $11,826/month
Price
$28,382,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$88/month
Home Owner Insurance
$141,912 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/18/24 $37,020,000 $28,382,000 -23.33%
06/21/24 $370,020,000 $37,020,000 -90%
06/21/24 $37,000,020,000 $370,020,000 -99%

Semi-Annual Property Tax:$527
Tax Year:2023
Mandatory HOA Fee:$

Area: 5510 - Morgan - Green
Subdivision: No Subdivision
Zip Code:46151

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Halea Kopetsky with Mark Dietel Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/20/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Martinsville Market Report

169
Avg. DOM
$159.55
Avg. $ / Sq.Ft.
$ 335,675
Med. List Price

The house prices in Martinsville are indeed dropping at the moment. There has been a decrease in price of $4,226.84. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Martinsville are going Down. The average house price is $344,000.00 and the average price per square feet is $159.25 per square feet. At the moment, the amount of homes listed is exactly 401 houses, with 92 with active status, 40 with pending status and 269 sold in Martinsville .

The most popular place to buy a home in Martinsville is 5512 - Morgan - Washington. 5512 - Morgan - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Martinsville .

The average amount of property taxes you would have to pay for a home in Martinsville is $1,781.65. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Martinsville are staying listed for an average of 76 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Martinsville was 4446 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in Martinsville is $1,980,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Martinsville is $90,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Martinsville in year 1859 and the newest built house is in year 2025.

The average size of properties in Martinsville is 2790.98 sq.ft. , the biggest one being 10191 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.