4230 E Martinsburg Fire Road, Palmyra, IN, 47164
About This Home
Mandatory appointment. Selling as-is. Open House Tuesday, May 19th 5:30PM - 6:30PM. Audio video - voice and camera. Peaceful natural setting in rural area surrounded by trees. This home could easily be a multi generational home. Large garden area for homesteader / homesteading. Small barn. Originally built as duplex with a garage in center section. Now 2 story great room. 2 large kitchens, island with granite & full array of cabinets. 2 primary bedrooms on 1st floor with sliding doors to patios. 2 second floor bedrooms with sitting area. 2 additional rooms on first floor which could be office, home gym or bedrooms. "Unfinished" but could be a dream property! No basement. No FHA / VA; as-is property. Wheelchair accessible. $5000 painting or closing cost prepaids allowance. Security system does not stay.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2000
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Oven,Range
- Laundry features: Main Level,Laundry Room
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: First
Bedroom
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Family Room
- Level: First
Family Room
- Level: First
Features
- Ceiling Fan(s),Entrance Foyer,Eat-in Kitchen,Game Room,Kitchen Island,Bath in Primary Bedroom,Main Level Primary,Mud Room,Open Floorplan,Pantry,Split Bedrooms,Utility Room,Walk-In Closet(s)
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 4,792
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 4,792
- Total interior livable area: 4,792 sqft
Kitchen
- Level: First
Kitchen
- Level: First
Master Bedroom
- Level: First
Master Bedroom
- Level: First
Other
- Level: First
Other
- Level: Second
Other
- Level: First
Property
Details
- Parcel number: 0059825112
- Zoning: Agri/ Residential
- Zoning description: Agri/ Residential
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
- Has view: Yes
- View description: Scenic
Lot
- Lot size: 3.50 Acres
- Lot size dimensions: see lot size
Parking
- Parking features: Detached,Garage
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
- Inland Flooding
- Ice Storm
- 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 | $2,022 | $24,264 |
| Home Insurance * | $741 | $8,892 |
| Property Taxes | $287 | $3,444 |
| Electricity | $439 | $5,271 |
| Total | $3,489 | $41,868 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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 |
|---|---|---|
| 2026-07-14 | Price change | $400,000 |
| 2026-06-23 | Price change | $429,000 |
| 2026-05-15 | Listed for sale | $440,000 |
| 2012-07-27 | Sold | $77,900 |
| 2012-07-05 | Price change | $79,900 |
| 2012-06-15 | Price change | $89,900 |
| 2012-05-22 | Price change | $99,900 |
| 2012-04-28 | Price change | $104,900 |
| 2012-03-29 | Price change | $114,900 |
| 2012-02-23 | Price change | $123,900 |
| 2012-02-15 | Listed for sale | -- |
| 2012-01-11 | Sold | $222,483 |
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