OFF MARKET

Off Market May 2015 for $388K

$618,683

•

4,667

sq ft

1485 Observatory Rd, Martinsville, IN 46151

About this home

Single-familyProperty Type

1994Year Built

10 sq ftLot Size

$133Est. Price/Sq.Ft.

4 car garageParking

Listed by Sarah Hamilton • Carpenter, REALTORS®

Contact: shamilton@callcarpenter.com

Bought with Dianna Clampitt • Carpenter, REALTORS®

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21343046

Redfin Estimate

$618,683

$230K since sold in May 2015$21K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 59.4% higher than the average sale price ($388K) of 6 comparable homes.

SOLD JAN 14, 2026
$273,000
A
4 beds4 baths3,600 sq ft
126-128 Allen Dr, Mooresville, IN 46158
SOLD JUL 24, 2026
$297,500
B
4 beds2.5 baths1,838 sq ft
707 Wind Song Trl, Mooresville, IN 46158
SOLD JUL 20, 2026
$277,500
C
4 beds2 baths3,820 sq ft
7600 N Old State Road 67, Mooresville, IN 46158
SOLD MAY 4, 2026
$360,000
D
4 beds2 baths2,679 sq ft
41 Stephen St, Mooresville, IN 46158
SOLD AUG 31, 2026
$396,150
E
5 beds3 baths2,781 sq ft
10613 N Country View Way, Mooresville, IN 46158
SOLD JUL 21, 2026
$724,900
F
5 beds4 baths4,549 sq ft
3838 N Berkshire Ln, Martinsville, IN 46151

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Earn from this home

Sell

$348,086

Est. take-home

List your home with Redfin and save $6,187

Rent

$3,685/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 21 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
OPEN TODAY, 11AM TO 1PM
$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 1485 Observatory Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,900 (−1.6%)

$99,200 + $478,100

$577,300

2024

$2,947 (+8.7%)

$99,200 + $478,100

$577,300

2023

$2,712 (+11.0%)

$99,200 + $422,800

$522,000

2022

$2,443 (+27.5%)

$99,200 + $398,400

$497,600

2021

$1,916 (+16.6%)

$99,200 + $373,000

$472,200

2020

$1,644 (+4.7%)

$78,000 + $320,400

$398,400

2019

$1,570 (+11.1%)

$62,300 + $308,700

$371,000

2018

$1,412 (+2.2%)

$62,300 + $265,300

$327,600

2017

$1,382 (+1.6%)

$62,300 + $241,900

$304,200

2016

$1,360 (−11.7%)

$62,300 + $241,900

$304,200

2015

$1,540 (−33.1%)

$62,300 + $204,700

$267,000

2013

$2,303

$95,600 + $252,300

$347,900

Tax history for 1485 Observatory Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,900 (−1.6%)

$99,200 + $478,100

$577,300

2024

$2,947 (+8.7%)

$99,200 + $478,100

$577,300

2023

$2,712 (+11.0%)

$99,200 + $422,800

$522,000

2022

$2,443 (+27.5%)

$99,200 + $398,400

$497,600

2021

$1,916 (+16.6%)

$99,200 + $373,000

$472,200

2020

$1,644 (+4.7%)

$78,000 + $320,400

$398,400

2019

$1,570 (+11.1%)

$62,300 + $308,700

$371,000

2018

$1,412 (+2.2%)

$62,300 + $265,300

$327,600

2017

$1,382 (+1.6%)

$62,300 + $241,900

$304,200

2016

$1,360 (−11.7%)

$62,300 + $241,900

$304,200

2015

$1,540 (−33.1%)

$62,300 + $204,700

$267,000

2013

$2,303

$95,600 + $252,300

$347,900

*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

4.92 Acres

Year renovated

1994

Sq. Ft.

4,192

Year built

1994

Style

Single Family Residential

County

Morgan County

APN

55-05-22-400-013.000-006

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 Parking Other: Finished Garage,Keyless Entry
Parking Features: Asphalt, Attached, Detached, Garage Door Opener, Guest Parking, Heated
Garage Spaces: 4
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 4667
Living Area: 2908
Main Level Sq. Ft.: 1313
Upper Level Sq. Ft.: 1595
Lower/Basement Level Sq. Ft (Finished): 1583

Bedroom Information
Primary Bedroom Description: Sinks Double,Shower Stall Full,Tub Garden,Sitting Room,Suite
# of Upper Bedrooms: 5
Beds MU: 5
Bedrooms MU: 5

Bathroom Information
# of Full Baths (Total): 4
# of Half Baths (Total): 2
# of Full Baths (Upper): 2
# of Full Baths (Main): 1
# of Full Baths (Basement): 1
# of Half Baths (Main): 1
# of Half Baths (Basement): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 5
Full Bathrooms MU: 3

Room 1 Information
Room Type: Bedroom 5
Room Features: Carpet
Room Dimensions: 09x09
Room Level: Upper

Room 2 Information
Room Type: Loft
Room Features: Carpet
Room Dimensions: 18x10
Room Level: Upper

Room 3 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 16x16
Room Level: Basement

Room 4 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 11x15
Room Level: Upper

Room 5 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 13x11
Room Level: Upper

Room 6 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 13x12
Room Level: Upper

Room 7 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 10x18
Room Level: Main

Room 8 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 16x23
Room Level: Basement

Room 9 Information
Room Type: Great Room
Room Features: Carpet
Room Dimensions: 16x21
Room Level: Main

Room 10 Information
Room Features: Hardwood
Room Dimensions: 07x05
Room Level: Main

Room 11 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 10x09
Room Level: Main

Room 12 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 16x16
Room Level: Main

Room 13 Information
Room Features: Carpet
Room Dimensions: 15x22
Room Level: Upper

Other Rooms Information
# of Rooms: 15

Laundry Room Information
Laundry Features: Main Level

Basement Information
Has Basement
Basement Features: Finished Ceiling, Finished, Finished Walls, Sump Pump

Fireplace Information
# of Fireplaces: 2
Fireplace Features: Basement, Blower Fan, Gas Log, Gas Starter

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

Interior Features
Interior Features: Attic Access, Attic Stairway, Built In Book Shelves, Tray Ceiling(s), Hardwood Floors, Screens Complete, Breakfast Bar, Central Vacuum
Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Oven, Refrigerator, Washer, Gas Water Heater, Water Purifier, Water Softener Owned
Areas Interior: Living Room Formal

Exterior

Building Information
Percent Optional Level Finished: 75+%

Exterior Features
Patio And Porch Features: Covered Porch
Exterior Features: Out Building With Utilities, Storage Shed, Gas Grill

Property Information
Ownership Interest Types: None
Other Equipment: Security Alarm Monitored
Property Type: Residential
Has Additional Parcels
Property Sub Type: Single Family Residence

Land Information
Acres: 10-20 Acres

Lot Information
Lot Size Acres: 10.62
Lot Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft)

Utilities

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

Location

School Information
High School District: MSD Martinsville Schools

Location Information
Directions: From 465 south take exit 8 SR 67S. Stay on 67 for 14 miles, turn R onto Observatory Rd, go 1 mile, home is on left.
Tax Legal Description: S22 T13 R1E PT NE SE; 5.0

Public facts

Beds: 3
Baths: 5.0
Sq. Ft.: 4,192
Stories: 2.0
Lot Size: 4.92 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: 1994
County: Morgan County
APN: 55-05-22-400-013.000-006

Home facts updated by county records on Jul 8, 2026

Other

Listing Information
Attribution Contact: shamilton@callcarpenter.com

Home Information
Foundation Details: Concrete Perimeter
Construction Materials: Brick, Wood Brick
Levels: Two and a Half

Around this home

Schools

Brooklyn Elementary School

Public PreK-4 • Assigned • 1.7mi

6/10

Martinsville High School

Public 9-12 • Assigned • 8.9mi

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

5 days above 101° expected this year, 12 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 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 9.6 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$588,000 – $712,000

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New listings for sale in 46151

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Home values near 1485 Observatory Rd

Data from public records.

Address	Redfin Estimate
8412 N Observatory Lane, Martinsville, IN 4 Beds \| 2 Baths \| 1377 Sq. Ft.	$298,720
1355 Observatory Road, Martinsville, IN 3 Beds \| 2.5 Baths \| 2520 Sq. Ft.	$440,171

Address	Redfin Estimate
1710 Observatory Road, Martinsville, IN 3 Beds \| 2 Baths \| 2288 Sq. Ft.	$418,511
8446 N Observatory Lane, Martinsville, IN 3 Beds \| 2 Baths \| 1404 Sq. Ft.	$235,737

Address	Redfin Estimate
1145 Observatory Road, Martinsville, IN 4 Beds \| 2 Baths \| 2626 Sq. Ft.	$569,763
1478 Observatory Road, Martinsville, IN 2 Beds \| 1 Baths \| 1200 Sq. Ft.	$328,836

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2015. 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 1485 Observatory Rd

Tax history for 1485 Observatory 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 1485 Observatory Rd

More real estate resources