Homes for sale under $250k in Martinsville, IN

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ABOUT THIS HOME
Homes for sale under $250k in Martinsville, IN
LOOKING FOR AN INCOME PROPERTY? MORGAN COUNTY DUPLEX ALERT!!!! Updated cosmetics inside to maximize rental potential, previously rented at 1400 per side for a total rent potential of $2700/month!!! Entire outside was bricked recently for low maintenance and new cement driveways poured, new roof 2021. Updated kitchens and baths with new cabinets and counters, floors, paint, fixtures etc. for a fully updated rental, bringing strong rents. Start adding to your portfolio today!! Buy and just collect your check!

$249,900

4 beds2 baths1,456 sq ft

80-82 Magnolia St, Martinsville, IN 46151

Updated baths • New cabinets • New counters

READY TO BUILD

ABOUT THIS HOME
Homes for sale under $250k in Martinsville, IN
Picture yourself in The Ashton - a flexible ranch-style floorplan by Arbor Homes! Starting at 1,356 square feet, The Ashton offers a split layout ideal for families or first-time homeowners. Featuring three bedrooms and two full baths, this home provides plenty of room to personalize with your choice of finishes and upgrades. Step inside from the inviting front porch to a bright, open layout. Two secondary bedrooms sit off the foyer, perfect for guests or a home office, with a full bathroom conveniently in between. Throughout the home, multiple closets provide generous storage space. The spacious great room flows seamlessly into the modern kitchen, designed for entertaining or everyday meal

$247,995

3 beds2 baths1,354 sq ft

Ashton Plan, Martinsville, IN 46151

Bright kitchen • Split floorplan • Sunroom

Listing provided by Zillow

READY TO BUILD

ABOUT THIS HOME
Homes for sale under $250k in Martinsville, IN
Don't wait-embrace home ownership with The Berlin, a new and affordable three-story floor plan designed to maximize space and functionality. At 1,969 square feet with 3 bedrooms and 2 full bathrooms plus an unfinished powder bath, this home is perfect for those needing more space or looking to entertain. Flexible Third-Floor Loft The highlight of The Berlin is the expansive third-floor loft, ideal for entertaining. Alternatively, transform this versatile space into a fourth bedroom to suit your needs. Spacious Bedrooms with Ample Storage Featuring three bedrooms, each equipped with walk-in closets, The Berlin ensures you have plenty of storage to keep your home organized and clutter-fre

$244,995

3 beds2 baths1,964 sq ft

Berlin Plan, Martinsville, IN 46151

2 parking spots • Listed 194 days

Listing provided by Zillow

ABOUT THIS HOME
Homes for sale under $250k in Martinsville, IN
Perfect Country location and ready to move right in. Morgan County/Green Township acreage and secluded. Home has too many improvements to list including all new windows, updated kitchen, master bedroom with 2 closets, extra high-quality furnace and ac, water heater, water softener, additional driveway for parking, and the list goes on. Beautiful country views and quiet private location awaits with multiple outbuildings for excessive storage and a playset for the kids. Sit in the shade on your deck to enjoy cookouts and coffee.

$243,900

3 beds1 bath1,768 sq ft

901 Carter Rd, Martinsville, IN 46151

High-quality furnace • Water softener • Water heater

ABOUT THIS HOME
Homes for sale under $250k in Martinsville, IN
Many possibilities with this property. Possible business or home. 3/4 bedroom or office rooms. Brick ranch with full basement. Attic access for additional room or? Former dentist office. 24 x 24 detached garage and a separate workshop. Large amount of parking with asphalt drive/parking lot. Walking distance to restaurants, shopping, laundry, etc. A great investment opportunity.

$241,900

4 beds1 bath2,268 sq ft

2009 Burton Ln, Martinsville, IN 46151

Attic access • Full basement • Separate workshop

Property at Walnut Plan, Martinsville, IN 46151, 3 beds, 2 baths

$239,995

3 beds2 baths1,228 sq ft

Walnut Plan, Martinsville, IN 46151

Listing provided by Zillow

Property at 1086 Tomahawk Pl, Martinsville, IN 46151, 4 beds, 2.5 baths

$239,990

4 beds2.5 baths1,739 sq ft

1086 Tomahawk Pl, Martinsville, IN 46151

Property at 610 E Morgan St, Martinsville, IN 46151, 3 beds, 1.5 baths

$229,900

3 beds1.5 baths2,095 sq ft

610 E Morgan St, Martinsville, IN 46151

Property at 760 E Harrison St, Martinsville, IN 46151, 3 beds, 2 baths

$228,000

3 beds2 baths1,204 sq ft

760 E Harrison St, Martinsville, IN 46151

Property at 1436 Wigwam Ln, Martinsville, IN 46151, 3 beds, 2 baths

$227,500

3 beds2 baths1,224 sq ft

1436 Wigwam Ln, Martinsville, IN 46151

Property at Victoria Plan, Martinsville, IN 46151, 3 beds, 2 baths

$224,995

3 beds2 baths1,428 sq ft

Victoria Plan, Martinsville, IN 46151

Listing provided by Zillow

Property at 9470 N Old Port Royal, Martinsville, IN 46151, 3 beds, 1 bath

$224,900

3 beds1 bath1,320 sq ft

9470 N Old Port Royal, Martinsville, IN 46151

Property at 2770 State Road 67 N, Martinsville, IN 46151, 2 beds, 2 baths

$215,000

2 beds2 baths2,129 sq ft

2770 State Road 67 N, Martinsville, IN 46151

Property at 1609 Northwest Ave, Martinsville, IN 46151, 3 beds, 1 bath

$215,000

3 beds1 bath1,175 sq ft

1609 Northwest Ave, Martinsville, IN 46151

Property at 989 Plaza Dr, Martinsville, IN 46151, 2 beds, 2 baths

$215,000

2 beds2 baths1,200 sq ft

989 Plaza Dr, Martinsville, IN 46151

Property at Rockaway Plan, Martinsville, IN 46151, 2 beds, 2 baths

$212,995

2 beds2 baths1,372 sq ft

Rockaway Plan, Martinsville, IN 46151

Listing provided by Zillow

Property at 4385 Wilbur Rd, Martinsville, IN 46151, 2 beds, 2 baths

$212,500

2 beds2 baths1,440 sq ft

4385 Wilbur Rd, Martinsville, IN 46151

Property at 929 S Grant St, Martinsville, IN 46151, 3 beds, 2 baths

$210,000

3 beds2 baths1,204 sq ft

929 S Grant St, Martinsville, IN 46151

Property at 1015 Plaza Dr, Martinsville, IN 46151, 2 beds, 1.5 baths

$209,000

2 beds1.5 baths1,414 sq ft

1015 Plaza Dr, Martinsville, IN 46151

Property at Coach Plan, Martinsville, IN 46151, 2 beds, 2 baths

$199,995

2 beds2 baths1,159 sq ft

Coach Plan, Martinsville, IN 46151

Listing provided by Zillow

Property at 390 E Gray St, Martinsville, IN 46151, 3 beds, 1 bath

$199,900

3 beds1 bath1,157 sq ft

390 E Gray St, Martinsville, IN 46151

(708) 560-1282

Property at 389 W Poston Rd, Martinsville, IN 46151, 5 beds, 2.5 baths

$195,000

5 beds2.5 baths3,284 sq ft

389 W Poston Rd, Martinsville, IN 46151

Property at 834 Center St, Martinsville, IN 46151, 3 beds, 1 bath

$190,000

3 beds1 bath825 sq ft

834 Center St, Martinsville, IN 46151

Property at 925 Plaza Dr, Martinsville, IN 46151, 2 beds, 1.5 baths

$179,000

2 beds1.5 baths1,183 sq ft

925 Plaza Dr, Martinsville, IN 46151

Property at 590 S Colfax St, Martinsville, IN 46151, 2 beds, 1 bath

$160,000

2 beds1 bath912 sq ft

590 S Colfax St, Martinsville, IN 46151

Property at 539 W Pike St W, Martinsville, IN 46151, 2 beds, 1 bath

$159,900

2 beds1 bath1,328 sq ft

539 W Pike St W, Martinsville, IN 46151

Property at 4580 N Templin Rd, Martinsville, IN 46151, 1 bed, 1 bath

$159,000

1 bed1 bath540 sq ft

4580 N Templin Rd, Martinsville, IN 46151

Property at 590 W Washington St, Martinsville, IN 46151, 3 beds, 1.5 baths

$159,000

3 beds1.5 baths1,623 sq ft

590 W Washington St, Martinsville, IN 46151

Property at 5391 Godsey Rd, Martinsville, IN 46151, 2 beds, 2 baths

$150,000

2 beds2 baths924 sq ft

5391 Godsey Rd, Martinsville, IN 46151

Property at 1039 E York St, Martinsville, IN 46151, 2 beds, 1.5 baths

$149,900

2 beds1.5 baths1,344 sq ft

1039 E York St, Martinsville, IN 46151

Property at 4501 N Templin Rd, Martinsville, IN 46151, 1 bed, 1 bath

$147,500

1 bed1 bath480 sq ft

4501 N Templin Rd, Martinsville, IN 46151

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Based on information submitted to the MLS GRID as of Sun Dec 07 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes for sale under $250k in Martinsville

There are currently 31 homes for sale under $250k in Martinsville. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Martinsville stay on the market for 60 days. This map is refreshed with the newest listings in Martinsville every 15 minutes.

In the past month, 13 homes have been sold in Martinsville. In addition to houses in Martinsville, there were also 5 condos, 0 townhouses, and 1 multi-family unit for sale in Martinsville last month. Find your dream home in Martinsville using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Martinsville are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Martinsville. Our Martinsville real estate stats and trends will give you more information about home buying and selling trends in Martinsville. If you're looking to sell your home in the Martinsville area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Martinsville with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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