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4244 Flake Rd, Martinsville, IN, 46151

4beds
4baths
4,320sqft
$1,020,000
$236price/sqft
$6,640/moest. monthly cost
$265,600/yrincome needed

About This Home

This gorgeous, sprawling brick ranch offers over-the-top living with 4 spacious bedrooms and 4 full bathrooms, real hardwood floors and wood stove, perfectly designed for both everyday comfort and entertaining. Every bedroom is connected to a bathroom for privacy and convenience. Sitting on nearly 16 acres, this property delivers the privacy you crave with the freedom to truly live how you want. Step inside and fall in love with the chef's dream kitchen, featuring 2 built-in refrigerators, double ovens, a six-burner gas gourmet stove, built-in air fryer, 2 dishwashers, 2 sinks and 4 oversized double-door pantries-because one pantry is never enough. Whether you're hosting holidays or just making Tuesday night dinner feel fancy, this space delivers. The home is built for efficiency and comfort with geothermal heating and cooling, giving you year-round savings without sacrificing comfort. Outside is where this property really flexes: A massive 1,500 sq ft pole barn with electric and openers offers endless possibilities-perfect for hobbies, storage, a workshop, farm animals or even your next business venture. Covered porches on the front and back and perfect for tranquil relaxation! The expansive acreage provides room to roam, garden, hunt, or simply enjoy peaceful country views including a steam that runs through the property. Generac whole home generator also included!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

7/10
4/10
Martinsville High SchoolGrades 9-128.2 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Other

  • Builder name: J Viewegh Builder

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Traditional
  • Property subType: Residential,Farm

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Disposal,Gas Water Heater,Exhaust Fan,Microwave,Oven,Double Oven,Convection Oven,Gas Oven,Refrigerator,Free-Standing Freezer,Washer,Water Heater,Water Purifier,Water Softener Owned
  • Laundry features: Main Level

Bedroom2

  • Level: Main
  • Area: 216
  • Dimensions: 18x12

Bedroom3

  • Level: Main
  • Area: 280
  • Dimensions: 14x20

Bedroom4

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 240
  • Dimensions: 12x20

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 4
  • Main level bedrooms: 4

Dining Room

  • Level: Main
  • Area: 216
  • Dimensions: 18x12

Features

  • Double Vanity,Breakfast Bar,High Ceilings,Tray Ceiling(s),Kitchen Island,Entrance Foyer,Ceiling Fan(s),Hardwood Floors,High Speed Internet,In-Law Floorplan,Eat-in Kitchen,Pantry,Supplemental Storage,Walk-In Closet(s)
  • Window features: Wood Work Stained
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Free Standing
  • Fireplace: Yes

Great Room

  • Level: Main
  • Area: 800
  • Dimensions: 25x32

Heating & Cooling

  • Heating features: Geothermal
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,320
  • Total interior livable area: 4,320 sqft

Kitchen

  • Level: Main
  • Area: 450
  • Dimensions: 30x15

Laundry

  • Level: Main
  • Area: 150
  • Dimensions: 10x15

Master Bedroom

  • Level: Main
  • Area: 540
  • Dimensions: 30x18

Property

Details

  • Parcel number: 551010400001006009
  • Other equipment: Generator
  • Horse amenities: Barn

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Fencing: Fenced,Chain Link,Partial

Lot

  • Lot size: 15.90 Acres
  • Features: Not In Subdivision,Rural - Not Subdivision,Mature Trees,Wooded

Parking

  • Total spaces: 4
  • Parking features: Attached,Detached,Concrete,Gravel,Garage Door Opener,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Heat Wave
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,157$61,884
Home Insurance *$632$7,584
Property Taxes $455$5,460
Electricity $396$4,752
Total$6,640$79,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$227,657/yr
40% on housing$199,200/yr
45% on housing$177,066/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 46151$160
Morgan County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 46151$147
Morgan County$146

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Listed for sale$1,100,000

For Sale by Agent

AgentJace Ferris
BrokerageJMG Indiana

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