Sheldon Barnes
For Sale — 4305 Belt Lane, Martinsville, IN 461514305 Belt Lane
Martinsville, Indiana 46151
No Subdivision
$150,000
Schedule a Showing1
Beds
1
Baths
675
Sq Ft
1950
Year Built
4.2
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Martinsville, Indiana and the rest of Hamilton County. Book a private tour of 4305 Belt Lane, ask any question about this home, or talk through what you should know about buying in Martinsville.
ABOUT THIS HOME
Attention Nature Lovers! Sellers have observed every species of wildlife native to Indiana on the 2 parcels equaling 4.2 acres in rural Morgan County. A view of Patton Lake is yours to enjoy with water access available at public access points of entry per the seller. A 1950s built cabin features electric baseboard heat and a wood stove. Sellers have left stacked and seasoned firewood for your comfort and entertaining. All kitchen appliances remain with the property. The second structure on the property is assessed as a residence. With some renovations and imagination the building used as an artist's studio could easily be guest quarters, a vacation rental or a workshop again. The carport offers covered parking for you or your guests and the mature trees form a canopy of lush green for all you spring and summer activities. Bring your imagination and your work ethic to make this 1 bedroom/1 bath home and the additional structure your own personal retreat.
Key things to know
- 4.2 acres with patton lake views and public water access
- Second structure with renovation potential for guest quarters or studio
- Mature tree canopy and wildlife habitat
- Wood stove and seasoned firewood included
- Carport and all kitchen appliances
Monthly payment
Estimate · $150,000
$943/mo
≈ $798 principal & interest · $144 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $30,000 on a loan of $120,000.
Price history
- Listedat $150,000
Mar 25, 2026
Recent comparable sales
Comparative value
5 comps in this range
This home is right at the 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$150,000Listed· Mar 25, 2026
41 days on market
Layout
Schools
MSD Martinsville Schools
Elementary
Charles L Smith Fine Arts Academy
Middle
John R. Wooden Middle School
High
Martinsville High School
Neighborhood
- Downtown Indianapolis26.2 mi
- Zionsville Community HS34.7 mi
- Carmel Central Park37.1 mi
- Monon Trail (Carmel)37.8 mi
- Carmel High School38.4 mi
- Carmel Arts & Design District39.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
675 sq ft
Year Built
1950
Stories
One
Subdivision
No Subdivision
Bedrooms
1
Bathrooms
1 full
School District
MSD Martinsville Schools