1492 Ranch Trl, Martinsville, IN, 46151
About This Home
Enjoy your morning coffee or unwind at the end of the day on your deck, where you can take in the peaceful surroundings and views of nature. Take a quite walk over to your fishing pond. This 3-bed/2-bath ranch offers the perfect combination of privacy and tranquility while still being only minutes from all modern amenities. Inside this all-brick home, you'll love the open floor plan with a large primary suite. Recently updated interior paint and carpet make this beautifully situated home move-in ready, while a whole-house emergency generator provides peace of mind. This home is ideal for first-time buyers, growing families, or someone looking to downsize without sacrificing space or outdoor living possibilities. Quick close is possible. Don't miss this chance to make this peaceful retreat you new home!
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1993
Materials
- Foundation: Block
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Electric Water Heater,Refrigerator
- Laundry features: Laundry Room,Main Level
Bedroom2
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Bedroom3
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Double Vanity,Cathedral Ceiling(s),High Speed Internet,Walk-In Closet(s)
- Number of fireplaces: 1
- Fireplace features: Insert,Great Room
- Fireplace: Yes
Great Room
- Level: Main
- Area: 448
- Dimensions: 28 x 16
Heating & Cooling
- Heating features: Propane,Wood
- Cooling features: Central Air
Interior Area
- Total structure area: 1,613
- Total interior livable area: 1,613 sqft
Kitchen
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Master Bedroom
- Level: Main
- Area: 224
- Dimensions: 16 x 14
Property
Details
- Parcel number: 550825300002004014
- Special condition: Estate
- Other equipment: Generator
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Storage
- Fencing: Fenced,Full
- Has view: Yes
- View description: Forest,Pond,Trees/Woods
- Water view: Pond
- On waterfront: Yes
- Waterfront features: Lake Privileges,Pond
Lot
- Lot size: 5 Acres
- Features: Rural - Subdivision,Mature Trees,Wooded
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Hail
- Heat Wave
- Inland Flooding
- Landslide
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,997 | $23,964 |
| Home Insurance * | $244 | $2,928 |
| Property Taxes | $166 | $1,992 |
| Electricity | $184 | $2,212 |
| Total | $2,591 | $31,092 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-01 | Price change | $395,000 |
| 2026-06-24 | Price change | $399,900 |
| 2026-06-13 | Listed for sale | $419,999 |
| 2023-05-30 | Sold | $350,000 |
| 2023-04-23 | Pending sale | $339,900 |
| 2023-04-18 | Listed for sale | $339,900 |
| 2011-05-02 | Sold | $169,000 |
| 2011-03-03 | Price change | $174,933 |
| 2010-08-26 | Price change | $176,500 |
| 2010-07-16 | Price change | $177,500 |
| 2010-05-27 | Listed for sale | $187,500 |
| 2010-01-02 | Listing removed | $175,000 |
| 2009-09-13 | Price change | $175,000 |
| 2009-08-15 | Price change | $180,000 |
| 2009-04-14 | Listed for sale | $189,800 |
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