# 8548 N Observatory Lane, Martinsville, IN 46151

> **TL;DR:** 3bd/2ba single family, $950,000 ($251/sqft), built 1950, 3,778 sqft.
> Fireplace, View, Basement. Est. $4,117/mo. Listed 34 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $950,000 |
| Price/sqft | $251 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 3,778 |
| Year Built | 1950 |
| Lot Size | 1,028,452 sqft (23.61 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 34 |

## Why This Home Stands Out

- **Views** - Valley

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,117 |
| **Total** | **$4,117** |

## Nearby Schools

- **Elementary:** Centerton Elementary School
- **Middle:** John R. Wooden Middle School
- **High:** Martinsville High School

## Key Amenities

- Fireplace
- View
- Basement

## Property Highlights

- Built in 1950
- 23.61 acre lot
- Fireplace

## Description

### Agent Description
Tucked away down a private lane behind the renowned Link Observatory, this extraordinary log home rests atop a secluded 23-acre hilltop retreat. What began as a humble cabin has been lovingly expanded over decades by the owner, using timber harvested right from the land itself-making this home truly one of a kind.  Step inside to find rich hardwood floors and handcrafted details at every turn. Each room reveals its own personality, from the cozy nooks to the sun-drenched solarium that fills the home with warmth and natural light.  The spacious kitchen showcases Amish-made cabinetry, dual sinks, and abundant counter space-ideal for meal prep, entertaining, or gathering with friends and family.  At the heart of the home lies the stunning great room-an entertainer's dream-featuring soaring vaulted ceilings, a dramatic wood-burning fireplace, and a custom-built bar perfect for gatherings. Three additional freestanding wood stoves add both warmth and rustic charm throughout the home.  The main-level primary suite offers a peaceful retreat with an ensuite bath, a generous walk-in closet connecting to a private office or secondary bedroom, and direct access to the outside.  Outside, the magic continues. Multiple decks and a screened porch invite you to take in the surrounding natural beauty from every angle. Several outbuildings provide plenty of space for equipment, ATVs, or hobbies, while several trails wind through your private wooded paradise.  The elevated setting offers breathtaking views that rival any mountain cabin-panoramic fall foliage, spectacular sunsets, and even distant fireworks on clear nights. Here, you'll experience nature at your doorstep without sacrificing modern comfort.  A property of this caliber is rarely available. This is more than a home-it's a legacy, built by hand and meant to be che

## Location

- **Address:** 8548 N Observatory Lane, Martinsville, IN 46151
- **County:** Morgan
- **Neighborhood:** No Subdivision
- **Coordinates:** 39.552426, -86.396063
- **Google Maps:** https://www.google.com/maps?q=39.552426,-86.396063

## Listing Agent

- **Name:** Michelle Chandler
- **Brokerage:** Keller Williams Indy Metro S
- **Phone:** 3174138352
- **Email:** michellechandler@kw.com

## Primary Photo

![8548 N Observatory Lane - Primary Photo](http://lh.rdcpix.com/1fc418b2aac22392357b57180b1198d5l-f4168379870r.jpg)

*70 total photos available on [listing page](https://www.propertysimple.com/listing/8548-n-observatory-lane-martinsville-in-46151-22098461)*

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**MLS#:** 22098461 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8548-n-observatory-lane-martinsville-in-46151-22098461)

---

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