About This Home

This 2-bedroom, 1-bathroom single family at 5020 N State Road 39 in Martinsville, IN is listed for $250,000 ($160 per sqft). Built in 1958, the home offers 1,564 sqft of living space on a 10.09 acres lot.

Key Features

  • Built in 1958
  • 10.09 acre lot
  • Fireplace

Property Details

1 full
1958

Amenities

Fireplace
Listing Description

Escape to over 10 private acres across three parcels in Martinsville. This 2-bedroom, 1-bath brick ranch offers a cozy wood-burning fireplace, an eat-in kitchen, and a covered front porch framed by mature hardwoods. Out back, a spring-fed creek winds through mostly wooded grounds alive with deer, turkey, and seasonal morel mushrooms, alongside established cherry, peach, and apple trees.

A detached 4-car garage plus an additional pole barn deliver serious storage, workshop, or hobby-farm potential, while the second parcel offers a future build site for a guest house, shop, or second home. With no close neighbors, this setting delivers rare privacy just minutes from town and Martinsville schools.

Buyers may qualify to assume the seller's VA loan at an incredible 2.7% interest rate - a rare opportunity in today's rate environment. Schedule your showing and experience true country living on your own slice of Morgan County.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

5020 N State Road 39

Martinsville, IN 46151

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5020 N State Road 39 is listed at $250,000 ($160/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 10.09 acre lot, Fireplace.

This property is listed by Connor Jones and can be reached at 3176542593.

CJ

Connor Jones

Agent at Mark Dietel Realty, LLC

(317) 654-2593

Listed by Mark Dietel Realty, LLC

MLS# 202627654· Source: listhub· 21 days on market

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5020 N State Road 39, Martinsville, IN 46151

Open this listing in: