Sheldon Barnes
For Sale — 5105 SR 42, Martinsville, IN 461515105 SR 42
Martinsville, Indiana 46151
Sub Not Found in Table
4
Beds
2
Baths
2,319
Sq Ft
1890
Year Built
6.97
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 5105 SR 42 in Sub Not Found In Table, ask any question about this home, or talk through what you should know about buying in Martinsville.
ABOUT THIS HOME
Welcome to country living at its finest! This spacious 4-bedroom farmhouse sits on 6.97 scenic acres of rolling pastures and peaceful surroundings. The inviting covered front porch is perfect for relaxing and enjoying the views. Inside, you'll find beautiful hardwood floors throughout most of the main level, a large kitchen with plenty of cabinet space, and an adjacent dining room ideal for family gatherings. Upstairs, all bedrooms feature newer carpeting for added comfort. The home includes a huge unfinished basement-dry and ready for storage or future finishing to suit your lifestyle. Recent updates include a new furnace, new AC, and a newer water heater. The fireplace adds rustic charm and has been used in the past (not warranted). Outside, this property truly shines. You'll find a small guest house, a 40x60 three-sided lean-to, and a massive 40x80 pole barn with electricity-perfect for hobbies, vehicles, or a workshop. There's also a detached 2-car garage with a huge overhead loft and workshop for everyday convenience. Whether you're seeking a hobby farm, private retreat, or a place to spread out and enjoy nature, this property offers endless possibilities in a peaceful country setting.
Key things to know
- 6.97 acres with rolling pastures
- Guest house and 40x80 pole barn with electricity
- Hardwood floors on main level
- 4-car garage with workshop loft
- Recent furnace, AC, and water heater
Monthly payment
Estimate · $519,999
$2,951/mo
≈ $2,768 principal & interest · $183 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $104,000 on a loan of $415,999.
Price history
- Price reduced$525,000 → $519,999
Apr 17, 2026
- Listedat $550,000
Oct 20, 2025
Sub Not Found In Table · activity
past 6 months
- Sold
- 4
- Median price
- $210,000
- Median DOM
- 151 days
Recent comparable sales
$550,000
964 W Rusty Ridge
3bd · 2ba · 2,448 sqft
Sold May 2026
$195,000
810 E Washington Street
4bd · 2ba · 2,096 sqft
Sold May 2026
$475,000
2432 E Stafford Place
4bd · 3ba · 2,902 sqft
Sold May 2026
$585,000
4312 E Rembrandt Drive
3bd · 2ba · 2,110 sqft
Sold Apr 2026
$335,000
6035 Maple Grove Rd
3bd · 3ba · 1,941 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 9.5% 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
$550,000Listed· Oct 20, 2025
$519,999Reduced
↓ $30,001 (5.5% off original)
181 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full
Schools
Eminence Community School Corp
Elementary
Eminence Elementary School
High
Eminence Jr-Sr High School
Neighborhood
- Downtown Indianapolis31.7 mi
- Zionsville Community HS38.0 mi
- Carmel Central Park41.0 mi
- Monon Trail (Carmel)42.1 mi
- Carmel High School42.6 mi
- Carmel Arts & Design District43.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,319 sq ft
Year Built
1890
Stories
Two
Subdivision
Sub Not Found in Table
Bedrooms
4
Bathrooms
2 full
Garage
4 spaces
School District
Eminence Community School Corp