40 acres of nice farmland with 37 tillable acres. Build your own mini farm with house and barns for your own personal use, or buy this great 40 acres as and investment property for resale in a few years. Property has a small creek at the southwest corner of the property with a small pond. Excellent piece of farmland with plenty of road frontage.
*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
39.63 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Morgan County
APN
55-07-11-200-014.000-002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 21, 2026.
AG
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
Parking Features: None
Interior
Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0
Exterior
Property Information
Property Type: Land
Other Structures: Not Applicable
Property Sub Type: Farm
Land Information
Topography: Level,Pond,Stream,Wooded
Soil Type: Other
Acres: >20 Acres
Tillable Acres: 37
Wooded Acres: 3
Lot Information
Lot Size Acres: 40
Road Surface Type: Asphalt
Road Frontage Type: County Road
Road Access: County Rd,Frontage Road
Utilities
Utility Information
Solid Waste Information: No
Location
School Information
High School District: Eminence Community School Corp
Location Information
Directions: 37 S to 39 bypass to 67; turn left; go 5.6 miles to Letterman Rd; then turn left not Lewisville Rd; go 1.5 miles and turn right ontoColdwell Road. Turn right not County Rd 450 N. Property on the left
Tax Legal Description: S11 T12 R2W SE NE; 40 A
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 39.63 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Morgan County
APN: 55-07-11-200-014.000-002
Home facts updated by county records on Apr 21, 2026
Other
Listing Information
Attribution Contact: stevebright@remax.net
Around this home
Schools
Eminence Elementary School
Public PreK-5 • Assigned • 3.2mi
7/10
Eminence Jr-Senior High School
Public 6-12 • Assigned • 3.2mi
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
0% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 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
83
64
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
Sell confidently with a local market expert in Martinsville. 3 minutes to get started.