Sold — 5020 Cragen Road, Martinsville, IN 46151Schedule a tour or ask a question
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ABOUT THIS HOME
Step into a piece of local history with this iconic family-owned limestone farmhouse, a rare blend of timeless charm and modern updates! Designed for flexibility, this ranch with a walkout basement features two primary suites-one on each level-perfect for in-law quarters or multi-generational living. The open kitchen, dining, and great room flow makes entertaining effortless, anchored by two beautiful stone wood-burning fireplaces. A bright sunroom captures both sunrise and sunset, while a large deck invites morning coffee or evening cocktails with stunning views. Offering two additional bedrooms and three fully remodeled baths with walk-in showers, there's space for everyone. The expansive walkout basement is ideal for a rec room, media setup, or game nights. A huge functional barn and acreage create a true mini farm opportunity-bring your horses, 4H animals, or simply enjoy the wide-open space. Additional acreage is available, making this property perfect for those dreaming of farming, gardening, or outdoor adventures. Feel the love, laughter, and memories this home has to offer the minute you walk through the door. This is more than a home, it's a legacy estate ready for its next chapter.
$639,000
$640,000
Step into a piece of local history with this iconic family-owned limestone farmhouse, a rare blend of timeless charm and modern updates! Designed for flexibility, this ranch with a walkout basement features two primary suites-one on each level-perfect for in-law quarters or multi-generational living...
4,514
Sq Ft
1974
Year Built
4
Bedrooms
3
Bathrooms
Key things to know
- Sold 9.4% below list in 78 days
- 2 fireplaces
- Finished basement (1,850 sqft)
- 3-car garage
- 5-acre lot
Sold
$580,000
-$60,000 below list (-9.4%)
- Closed
- Jan 12, 2026
- Listed at
- $640,000
- Sold
- 4 months ago
- Sold in
- 78 days
Price history
- Sold$580,000
Jan 12, 2026
- Price reduced$640,000 → $639,000
Nov 5, 2025
- Listedat $640,000
Sep 10, 2025
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Comparative value
5 comps in this range
This home is 49% above median for similar nearby sales.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$640,000Listed· Sep 10, 2025
$639,000Reduced
↓ $1,000 (0.2% off original)
78 days on market
Layout
Primary suite
Bedroom 2nd Primary,Closet Walk in,Sitting Room
Primary bath
Shower Stall Full,Sinks Double,Suite
Schools
MSD Martinsville Schools
Elementary
Green Township Elementary School
Middle
John R. Wooden Middle School
High
Martinsville High School
Neighborhood
- Downtown Indianapolis20.3 mi
- Zionsville Community HS31.9 mi
- Carmel Central Park33.1 mi
- Monon Trail (Carmel)33.3 mi
- Carmel High School33.9 mi
- IU Health North Hospital34.4 mi
PROPERTY DETAILS
Living Area
4,514 sq ft
Year Built
1974
Stories
Two
Subdivision
No Subdivision
Bedrooms
4
Bathrooms
3 full
Garage
3 spaces
School District
MSD Martinsville Schools

