Sheldon Barnes
For Sale — 1156 Cope Road, Martinsville, IN 461511156 Cope Road
Martinsville, Indiana 46151
No Subdivision
4
Beds
2
Baths
3,180
Sq Ft
1979
Year Built
12.63
Acres
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ABOUT THIS HOME
Rare opportunity to own 12.63 acres featuring a 2.5-acre stocked pond that reaches approximately 22 feet deep, complete with a water slide, offering both recreation and excellent fishing. The property includes a 4-bedroom, 2-bath cedar cabin-style home offering over 3,100 square feet of living space, blending rustic charm with generous room for everyday living and entertaining, featuring BRAND NEW LVP flooring recently installed throughout the main level. Unmatched outdoor amenities include an outdoor shelter with a built-in bar, a basketball court, three outbuildings (43 x 24) (56 x 24) (60 x 55), and stadium lighting that illuminates a custom dirt go-kart track. With a unique combination of residential comfort, recreational features, and expansive acreage, this property offers endless possibilities for private enjoyment, entertaining, or future use. A one-of-a-kind offering rarely found on the market.
Key things to know
- 2.5-acre stocked pond with water slide and 22-foot depth
- Custom dirt go-kart track with stadium lighting
- Outdoor shelter with built-in bar
- Three large outbuildings for storage/workshops
- 4-car garage on expansive acreage
Monthly payment
Estimate · $774,500
$4,326/mo
≈ $4,122 principal & interest · $203 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $154,900 on a loan of $619,600.
Price history
- Price reduced$775,000 → $774,500
May 12, 2026
- Listedat $800,000
Feb 5, 2026
Recent comparable sales
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Comparative value
5 comps in this range
This home is 99% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$800,000Listed· Feb 5, 2026
$774,500Reduced
↓ $25,500 (3.2% off original)
97 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full
Schools
MSD Martinsville Schools
Middle
John R. Wooden Middle School
Neighborhood
- Downtown Indianapolis24.0 mi
- Zionsville Community HS36.0 mi
- Carmel Central Park37.0 mi
- Monon Trail (Carmel)37.2 mi
- Carmel High School37.8 mi
- IU Health North Hospital38.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,180 sq ft
Year Built
1979
Stories
Three Or More
Subdivision
No Subdivision
Bedrooms
4
Bathrooms
2 full
Garage
4 spaces
School District
MSD Martinsville Schools