Country living at its best!! This 15.8 acre property offers a spacious 3 bedroom 2 bath home, nestled among mature trees. The 2628SF home offers beautiful wood beams and open floor plan, to include kitchen and dining area, opening up to a spacious great room. Stunning stone fireplace and mantel in the great room for cozy family gatherings. Spacious Primary bedroom is located on first floor with en-suite bathroom, secondary bedroom as well. Upstairs features huge family/recreation room(Pool table included), third bedroom which has a large sauna! This room can be your own private gym, office, or playroom. Along with this beautiful home and acreage, there are two stocked ponds and three additional outbuildings. The24x48 workshop has concrete floor, electric and wood stove. The 34x44 steel barn has electric, concrete floors, offering plenty of storage for cars, tractors, four wheelers, dirt bikes, and additional equipment and the smaller mini barn is 12x26. There is an additional covered pavilion for family gatherings and barbecues it features a concrete floor and electric. This property offers a combination of rustic charm and all of the feature comforts to enjoy in country living. An outdoorsman's dream property! You must see to appreciate it.
Sold
$615,000
2240 Bill Smith Rd, Martinsville, IN 46151
3beds
2,628sqft
Residential, Single Family Residence
Built in 1972
15.8 Acres Lot
$624,400 Zestimate®
$234/sqft
$1,681 Estimated rent
Home value
$624,400
$518,000 - $749,000
$1,681/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: August 27, 2025 at 03:24pm
Listing Provided by:
C. Ron Ragan 317-201-1515,
Ragan Realty LLC
Bought with:
Steve Lew
Steve Lew Real Estate Group, LLC
Brooke Byrne
Steve Lew Real Estate Group, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22036837
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 255 Square Feet
- Dimensions: 15x17
Bedroom 2
- Level: Main
- Area: 176 Square Feet
- Dimensions: 11x16
Bedroom 3
- Level: Upper
- Area: 260 Square Feet
- Dimensions: 13x20
Dining room
- Level: Main
- Area: 242 Square Feet
- Dimensions: 11x22
Family room
- Level: Upper
- Area: 408 Square Feet
- Dimensions: 17x24
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 9x16
Laundry
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10x14
Living room
- Level: Main
- Area: 374 Square Feet
- Dimensions: 17x22
Heating
- Electric, Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Range Hood, Refrigerator, Free-Standing Freezer, Trash Compactor, Water Softener Owned
- Laundry: Main Level
Features
- Attic Access, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Hardwood Floors, High Speed Internet, Pantry, Sauna, Supplemental Storage, Walk-In Closet(s)
- Flooring: Hardwood
- Windows: Wood Work Stained
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Blower Fan, Insert, Great Room, Wood Burning
Interior area
- Total structure area: 2,628
- Total interior livable area: 2,628 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Asphalt, Garage Door Opener, Guest
- Garage spaces: 2
- Details: Garage Parking Other(Finished Garage)
Features
- Levels: Multi/Split
- Patio & porch: Deck, Glass Enclosed
- Exterior features: Basketball Court
- Pool features: Above Ground, Liner
- Has view: Yes
- Waterfront features: Pond, Water View
Lot
- Size: 15.80 Acres
- Features: Not In Subdivision, Mature Trees, Wooded
Details
- Additional structures: Barn Pole, Storage
- Parcel number: 551022400004000009
- Special conditions: Defects/None Noted,Sales Disclosure On File
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Crawl Space, Full
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Well, Private
- Utilities for property: Electricity Connected
Community & neighborhood
Security
- Security features: Security System Owned
Location
- Region: Martinsville
- Subdivision: R
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $615,000-3.9%$234/sqft |
Source:  MIBOR as distributed by MLS GRID #22036837 Report a problem | ||
| 7/25/2025 | Pending sale | $639,900$243/sqft |
Source: MIBOR as distributed by MLS GRID #22036837 Report a problem | ||
| 7/20/2025 | Price change | $639,900-1.5%$243/sqft |
Source: MIBOR as distributed by MLS GRID #22036837 Report a problem | ||
| 5/10/2025 | Listed for sale | $649,900+116.7%$247/sqft |
Source: MIBOR as distributed by MLS GRID #22036837 Report a problem | ||
| 8/1/2006 | Sold | $299,900$114/sqft |
Source: MIBOR as distributed by MLS GRID #2638437 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,094 +3.5% | $370,400 +0.2% |
| 2023 | $2,023 +51.5% | $369,700 -0.1% |
| 2022 | $1,336 +8.6% | $369,900 +39.8% |
Find assessor info on the county website
Neighborhood: 46151
Nearby schools
GreatSchools rating
- 7/10Green Township Elementary SchoolGrades: PK-4Distance: 1.2 mi
- 7/10John R. Wooden Middle SchoolGrades: 6-8Distance: 7.9 mi
- 4/10Martinsville High SchoolGrades: 9-12Distance: 7.1 mi
Schools provided by the listing agent
- Middle: John R. Wooden Middle School
- High: Martinsville High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$624,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$624,400
- Indiana
- Morgan County
- Martinsville
- 46151
- 2240 Bill Smith Rd