OFF MARKET

Off Market Apr 2022 for $421K

$562,019

•

3,370

sq ft

1340 Inverness Farms Rd, Martinsville, IN 46151

About this home

Single-familyProperty Type

1997Year Built

10.42 acresLot Size

$167Est. Price/Sq.Ft.

2 car garageParking

Listed by Michelle Chandler • Keller Williams Indy Metro Partners

Listed by Bryan Williams • Keller Williams Indy Metro Partners

Contact: homes@michellechandler.com

Bought with John Bradley • Traditions Realty, LLC

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21841699

Redfin Estimate

$562,019

$141K since sold in April 2022$16K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.5% higher than the average sale price ($554K) of 6 comparable homes.

SOLD JUN 22, 2026
$590,000
A
4 beds3 baths3,410 sq ft
584 Schultz Ln, Jefferson Township, IN 46151
SOLD JUL 24, 2026
$431,000
B
4 beds3 baths4,594 sq ft
293 Skyway Ct, Martinsville, IN 46151
SOLD JUN 11, 2026
$568,000
C
3 beds2 baths2,327 sq ft
1672 N Christopher Ln, Martinsville, IN 46151
SOLD JUL 1, 2026
$630,000
D
3 beds3 baths2,130 sq ft
2353 Wilbur Rd, Martinsville, IN 46151
SOLD MAY 8, 2026
$550,000
E
3 beds2 baths2,448 sq ft
964 W Rusty Rdg, Martinsville, IN 46151
SOLD OCT 6, 2025
$554,900
F
3 beds2.5 baths2,503 sq ft
1725 N Christopher Ln, Martinsville, IN 46151

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$3,229/mo

Redfin rental estimate

List your home for rent

Market trends in 46151, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.8%

0.3% MoM

Median sale price

$326K

$2K MoM

Avg. days on market

21d

0 days MoM

Recently sold homes

145

3 MoM

New listings for sale

NEW 25 HRS AGO
$399,999
5 beds3 baths3,378 sq ft
2515 Legendary Dr, Martinsville, IN 46151
$85,000
2 beds1 bath1,200 sq ft
371 W Douglas St, Martinsville, IN 46151
3D WALKTHROUGH
$310,000
5 beds3.5 baths2,250 sq ft
1424 Wigwam Ln, Martinsville, IN 46151
$755,000
5 beds2 baths3,240 sq ft
1156 Cope Rd, Martinsville, IN 46151
$240,000
3 beds2 baths1,406 sq ft
1479 Rj Blvd, Martinsville, IN 46151
$224,900
2 beds1 bath2,640 sq ft
989 E Morgan St, Martinsville, IN 46151
3D WALKTHROUGH
$240,000
2 beds1.5 baths1,536 sq ft
4699 E Sunnyslope Dr, Martinsville, IN 46151
$749,000
3 beds2 baths2,250 sq ft
9279 New Harmony Rd, Martinsville, IN 46151
OPEN SUN, 11AM TO 12PM
$369,900
4 beds2.5 baths3,342 sq ft
460 E Pike St, Martinsville, IN 46151
FOR SALE BY OWNER
$250,000
3 beds2 baths960 sq ft
4180 Canatsey Rd, Martinsville, IN 46151
See all

Provided by Redfin

Sale history for 1340 Inverness Farms Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,167 (−8.0%)

$107,500 + $339,600

$447,100

2024

$2,355 (+10.5%)

$107,500 + $339,600

$447,100

2023

$2,131 (+10.5%)

$101,000 + $336,800

$437,800

2022

$1,929 (+7.5%)

$96,000 + $320,500

$416,500

2021

$1,794 (+8.8%)

$96,000 + $305,900

$401,900

2020

$1,649 (+0.5%)

$96,000 + $261,700

$357,700

2019

$1,640 (−3.3%)

$90,900 + $252,400

$343,300

2018

$1,696 (+60.7%)

$90,900 + $223,700

$314,600

2017

$1,056 (+2.7%)

$90,900 + $205,100

$296,000

2016

$1,028 (+18.6%)

$90,900 + $205,100

$296,000

2015

$867 (−33.5%)

$63,300 + $209,100

$272,400

2013

$1,303

$66,900 + $212,800

$279,700

Tax history for 1340 Inverness Farms Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,167 (−8.0%)

$107,500 + $339,600

$447,100

2024

$2,355 (+10.5%)

$107,500 + $339,600

$447,100

2023

$2,131 (+10.5%)

$101,000 + $336,800

$437,800

2022

$1,929 (+7.5%)

$96,000 + $320,500

$416,500

2021

$1,794 (+8.8%)

$96,000 + $305,900

$401,900

2020

$1,649 (+0.5%)

$96,000 + $261,700

$357,700

2019

$1,640 (−3.3%)

$90,900 + $252,400

$343,300

2018

$1,696 (+60.7%)

$90,900 + $223,700

$314,600

2017

$1,056 (+2.7%)

$90,900 + $205,100

$296,000

2016

$1,028 (+18.6%)

$90,900 + $205,100

$296,000

2015

$867 (−33.5%)

$63,300 + $209,100

$272,400

2013

$1,303

$66,900 + $212,800

$279,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

10.42 Acres

Year renovated

1997

Sq. Ft.

2,054

Year built

1997

Style

Single Family Residential

County

Morgan County

APN

55-12-02-300-001.005-014

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 8, 2026.

Agriculture District

This district is intended for agricultural uses and to protect and preserve the decreasing supply of farmland by discouraging urban development in primarily agricultural areas. Non-farm residential uses should be limited, when possible, to provide for large areas of contiguous farm land; All subdivisions require subdivision approval unless exempt See Section 5.B.5: Exempt Subdivisions; All new primary structures for commercial, industrial, and institutional uses require Development Plan approval. Only one primary use or primary structure dwelling unit per lot permitted; All development may be subject to Drainage Board approval.

Permitted uses

Include but are not limited to:

Equestrian facility
Livestock production
Religious facility
Housing-Single unit
Infrastructure
Office
Agriculture-Cropland
Cemetery
Park & open space

Property details

Parking

Parking Information
Garage SqFt: 576
Parking Features: Detached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 3370
Living Area: 2054
Main Level Sq. Ft.: 1316
Upper Level Sq. Ft.: 738
Lower/Basement Level Sq. Ft (Finished): 1184

Bedroom Information
Primary Bedroom Description: Balcony,Closet Walk in,Shower Stall Full,Sitting Room
# of Upper Bedrooms: 1
# of Bedrooms Main: 2
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 3
# of Full Baths (Upper): 1
# of Full Baths (Main): 1
# of Full Baths (Basement): 1
Full Baths MU: 3
Full Bathrooms MU: 2

Room 1 Information
Room Type: Great Room
Room Features: Carpet
Room Dimensions: 18x16
Room Level: Main

Room 2 Information
Room Features: Carpet
Room Dimensions: 13x21
Room Level: Upper

Room 3 Information
Room Type: Bedroom 2
Room Features: Laminate Hardwood
Room Dimensions: 10x14
Room Level: Main

Room 4 Information
Room Type: Bedroom 3
Room Features: Laminate Hardwood
Room Dimensions: 16x11
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Features: Laminate Hardwood
Room Dimensions: 18x13
Room Level: Main

Room 6 Information
Room Type: Breakfast Room
Room Features: Laminate Hardwood
Room Dimensions: 6x5
Room Level: Main

Room 7 Information
Room Type: Play Room
Room Features: Carpet
Room Dimensions: 26x23
Room Level: Basement

Room 8 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 15x12
Room Level: Basement

Room 9 Information
Room Type: Loft
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Upper

Room 10 Information
Room Type: Office
Room Features: Laminate Hardwood
Room Dimensions: 9x8
Room Level: Upper

Other Rooms Information
Rooms Upper: 3
Rooms Main: 5
Rooms Basement: 2
# of Rooms: 10

Basement Information
Has Basement
Basement Features: Walk Out

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Woodburning Fireplce

Heating & Cooling
Heating Information: Forced Air, Electric
Cooling Information: Central Electric

Interior Features
Interior Features: Built In Book Shelves, Cathedral Ceiling(s), Tray Ceiling(s), Walk-in Closet(s)
Appliances: Electric Cooktop, Dishwasher, Refrigerator, Gas Water Heater

Exterior

Building Information
Percent Optional Level Finished: 75+%

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 10-20 Acres

Lot Information
Lot Size Acres: 10.421

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Private Well
Solid Waste Information: No

Location

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions
Association Fee: $300
Association Fee Frequency: Annually
Association Fee Includes: Association Home Owners

School Information
High School District: MSD Martinsville Schools

Location Information
Directions: SR 67S turn right on Inverness Farms Rd. House is on the left.
Tax Legal Description: S2 T11 R1W W SW; 10.421 AC; AKA TR 4 & PT TR 3 RIVER HILLS NORTH

Public facts

Beds: 2
Baths: 3.0
Sq. Ft.: 2,054
Stories: 2.0
Lot Size: 10.42 acres
Style: Single Family Residential
Year Built: 1997
Year Renovated: 1997
County: Morgan County
APN: 55-12-02-300-001.005-014

Home facts updated by county records on Jul 8, 2026

Other

Listing Information
Attribution Contact: homes@michellechandler.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Wood
Levels: Two and a Half

Around this home

Schools

Paragon Elementary School

Public PreK-4 • Assigned • 3.8mi

7/10

Martinsville High School

Public 9-12 • Assigned • 4.7mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 17 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Martinsville, IN • 46151

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$534,000 – $647,000

Sell confidently with a local market expert in Martinsville. 3 minutes to get started.

Nearby similar homes

$188,900

3 beds1 bath986 sq ft

260 Duo Dr, Martinsville, IN 46151

$184,900

4 beds2.5 baths3,514 sq ft

326 W Morgan St, Martinsville, IN 46151

$159,900

2 beds1 bath1,018 sq ft

539 W Pike St, Martinsville, IN 46151

NEW CONSTRUCTION

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Listing provided by Zillow

NEW CONSTRUCTION

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OPEN TODAY, 12PM TO 2PM

$199,900

3 beds2 baths1,204 sq ft

929 S Grant St, Martinsville, IN 46151

New listings for sale in 46151

NEW 25 HRS AGO

$399,999

5 beds3 baths3,378 sq ft

2515 Legendary Dr, Martinsville, IN 46151

$85,000

2 beds1 bath1,200 sq ft

371 W Douglas St, Martinsville, IN 46151

3D WALKTHROUGH

$310,000

5 beds3.5 baths2,250 sq ft

1424 Wigwam Ln, Martinsville, IN 46151

$755,000

5 beds2 baths3,240 sq ft

1156 Cope Rd, Martinsville, IN 46151

$240,000

3 beds2 baths1,406 sq ft

1479 Rj Blvd, Martinsville, IN 46151

$224,900

2 beds1 bath2,640 sq ft

989 E Morgan St, Martinsville, IN 46151

3D WALKTHROUGH

$240,000

2 beds1.5 baths1,536 sq ft

4699 E Sunnyslope Dr, Martinsville, IN 46151

$749,000

3 beds2 baths2,250 sq ft

9279 New Harmony Rd, Martinsville, IN 46151

OPEN SUN, 11AM TO 12PM

$369,900

4 beds2.5 baths3,342 sq ft

460 E Pike St, Martinsville, IN 46151

Home values near 1340 Inverness Farms Rd

Data from public records.

Address	Redfin Estimate
1240 Inverness Farms Road, Martinsville, IN 3 Beds \| 2 Baths \| 1502 Sq. Ft.	$290,492
1335 Inverness Farms Road, Martinsville, IN 4 Beds \| 2.5 Baths \| 3500 Sq. Ft.	$523,651

Address	Redfin Estimate
1375 Inverness Farms Road, Martinsville, IN 3 Beds \| 3.5 Baths \| 2755 Sq. Ft.	$496,448
1370 Inverness Farms Road, Martinsville, IN 3 Beds \| 2 Baths \| 1212 Sq. Ft.	$397,195

Address	Redfin Estimate
1320 Inverness Farms Road, Martinsville, IN 3 Beds \| 2.5 Baths \| 2582 Sq. Ft.	$517,922
1350 Inverness Farms Road, Martinsville, IN 4 Beds \| 3 Baths \| 2754 Sq. Ft.	$475,598

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 46151, IN

Sale history for 1340 Inverness Farms Rd

Tax history for 1340 Inverness Farms Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46151

Home values near 1340 Inverness Farms Rd

More real estate resources