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Sold
  • $579,000

    5504 Lincoln Rd, Martinsville, IN 46151

    3beds
    12sqft
    Residential, Farm
    Built in 1991
    13.75 Acres Lot
    $451,300 Zestimate®
    $48,250/sqft
    $1,637 Estimated rent

    Home value

    $451,300

    $329,000 - $596,000

    $1,637/mo

    Zestimate® history
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    What's special

    A horse lover's paradise. This property is a hidden gem in a peaceful rural setting yet not far from the modern amenities of Martinsville, Mooresville, Franklin, Center Grove or Indy area. You will be absolutely stunned by all the facilities this property has to offer to have a thriving horse boarding, breeding, training or equestrian operation. There are 21 horse stalls total on the property with over 90% currently being occupied for boarding operations. The huge main facility/horse barn has over 20,000 sq ft. Within it contains 2 indoor arenas (144x72 and 60x60) perfect for training or riding lessons, tack room, grooming stalls, wash room and hay loft. Upstairs there is lots of additional square footage. There is a nice viewing area overlooking the main arena for cliental. There are also 2 finished apartments. The 1st living area is nearly 800 sq. ft. and has 2 bedrooms/1 bath, kitchen and living room. The 2nd living area is nearly 600 sq. ft with 1 bedroom/1 bath, kitchen and living room. The land itself provides ample room for all training, operations and just the pure enjoyment of horseback riding. There is an additional outdoor arena along with 7 fenced in paddocks for the horses or other livestock to graze. Opportunities like this seldom come along.

    Zillow last checked: 7 hours ago

    Listing updated: April 16, 2024 at 01:58pm

    Listing Provided by:

    Brandon Smith 317-709-2904,

    Whitetail Properties,

    Jay Minor,

    Whitetail Properties

    Bought with:

    Daniel Shine

    Shine Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21966313MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Features: Laminate
    • Level: Upper
    • Area: 198 Square Feet
    • Dimensions: 18x11
    Bedroom 2
    • Features: Laminate
    • Level: Upper
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 3
    • Features: Laminate
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Heating
    • Electric
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Other
    Features
    • Ceiling Fan(s)
    • Has basement: No
    Interior area
    • Total structure area: 12
    • Total interior livable area: 12 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 13.75 Acres
    Details
    • Additional parcels included: 551003300012.000009, 551003300002.001009
    • Parcel number: 551003300002000009
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Residential, Farm
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding, Wood, Other
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Water: Private Well

    Community & neighborhood

    Location
    • Region: Martinsville
    • Subdivision: No Subdivision

    Price history

    DateEventPrice
    4/16/2024Sold$579,000+0.7%$48,250/sqft
    Source: MIBOR as distributed by MLS GRID #21966313 Report a problem
    3/16/2024Pending sale$574,900$47,908/sqft
    Source: MIBOR as distributed by MLS GRID #21966313 Report a problem
    2/29/2024Listed for sale$574,900+283.3%$47,908/sqft
    Source: MIBOR as distributed by MLS GRID #21966313 Report a problem
    12/5/2016Sold$150,000$12,500/sqft
    Source: MIBOR as distributed by MLS GRID #21450907 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$234 -56.3%$23,600
    2023$535 +3%$23,600 -61.4%
    2022$519 +3.8%$61,100

    Find assessor info on the county website

    Neighborhood: 46151

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $451,300
    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
    $451,300