OFF MARKET
Google street view image for 3481 Hancock Ridge Rd, Martinsville, IN 46151
OFF MARKET
$55,446
Land
•
1.06
acres (lot)

3481 Hancock Ridge Rd, Martinsville, IN 46151

map-entry

About this home

3481 Hancock Ridge Rd is a vacant land on a 1.06 acre lot. Based on Redfin's Martinsville data, we estimate the home's value is $55,446.
Vacant landProperty Type
1.06 acresLot Size
$52,308Price/Acres
Source:Public Records

Redfin Estimate

$55,446
$2,000 since July

This home's estimate is 81.7% lower than the average sale price ($303K) of 6 comparable homes.

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Market trends in 46151, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
98.7%

0.2% MoM

Median sale price
$295K

$5K MoM

Avg. days on market
22d

7 days MoM

Recently sold homes
143

18 MoM

New listings for sale

Provided by Redfin

Sale history for 3481 Hancock Ridge Rd

Tax history for 3481 Hancock Ridge Rd

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

Zoning

RR

Rural Residential District

The Rural Residential District is intended to accommodate both low-density singlefamily or estate dwellings and low-intensity agricultural uses in locations appropriate for Morgan County. The purpose of this district is to protect the local agricultural economy by reducing potential land use conflicts; All subdivisions require Subdivision Approval unless exempt See Chapter 5.B.5: Exempt Subdivisions. Residential subdivisions should be completed through a subdivision process and not on a metes and bounds, lot by lot basis; All new primary structures for commercial and institutional uses require Development Plan Approval; All development may be subject to Drainage Board approval; Only one primary use or primary structure/dwelling unit per lot is permitted in this district.
Permitted uses

Include but are not limited to:

  • Religious facility
  • Housing-Single unit
  • Office
  • Educational/school
  • Park & open space

Property details

Around this home

Eminence Elementary School

Public PreK-5 • Assigned • 6.1mi

7/10
Eminence Jr-Senior High School

Public 6-12 • Assigned • 6.1mi

5/10
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, 19 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)
34
18
44
27
62
40
69
49
72
54
83
65
87
71
84
65
82
58
71
48
55
40
43
29
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
$53,000 – $64,000

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

Nearby similar homes

New listings for sale in 46151

NEW 32 HRS AGO
$274,900
4 beds1.5 baths2,880 sq ft
40 E Walnut St, Martinsville, IN 46151
$310,000
2 beds1 bath2,026 sq ft
2576 Old State Road 37 Rd S, Martinsville, IN 46151
$384,900
1 bed1 bath1,818 sq ft
6956 Old Morgantown Rd, Martinsville, IN 46151
$335,000
3 beds1.5 baths2,272 sq ft
2010 Plantation, Martinsville, IN 46151
OPEN SUN, 12PM TO 2PM
$235,000
3 beds1.5 baths1,104 sq ft
3330 Willowbrook Dr, Martinsville, IN 46151
3D WALKTHROUGH
$325,000
2 beds2 baths1,924 sq ft
2225 Cramertown, Martinsville, IN 46151
$225,000
3 beds1.5 baths1,248 sq ft
5684 Paradise, Martinsville, IN 46151
$625,000
5 beds5.5 baths4,341 sq ft
3667 N Ramsgate Rd, Martinsville, IN 46151
$159,900
2 beds1 bath1,018 sq ft
539 W Pike St, Martinsville, IN 46151

Home values near 3481 Hancock Ridge Rd

Data from public records.
AddressRedfin Estimate
- Beds | 1 Baths | 980 Sq. Ft.
—
- Beds | 1.5 Baths | 660 Sq. Ft.
$131,017
AddressRedfin Estimate
2 Beds | 1 Baths | 898 Sq. Ft.
$163,117
- Beds | 2 Baths | 1404 Sq. Ft.
$222,750
AddressRedfin Estimate
3 Beds | 2 Baths | 1650 Sq. Ft.
$309,159
3 Beds | 1.5 Baths | 1897 Sq. Ft.
$296,766

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