$274,900
4 Beds
1.5 Baths
2,880 sqft
40 E Walnut St, Martinsville, IN 46151
Est. Mortgage $1,608/mo*
Get Pre-QualifiedHome Highlights
Outdoor
Yes
Price/Sqft
$95
Climate Control
Forced Air, Natural Gas & Central Air
Listed
6 days ago
Local Information
- Map ViewExplore the area around 40 E Walnut St.
- Schools7 Preschool Schools7 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Discover a welcoming lifestyle at 40 E Walnut ST, MARTINSVILLE, IN. This inviting 2048 square foot single family residence, built in 1920, is ready for you to move in and make it your own. This charming 1.5-story home offers four comfortable bedrooms, providing ample personal space for everyone. Complementing these are a full bathroom and a convenient half bathroom, catering to both daily routines and guest needs. With a generous 5184 square foot lot, this property offers a comfortable setting for outdoor enjoyment. Imagine the possibilities for entertaining or simply relaxing in your own private space. This home is zoned B12 and has been used for a Law office for several years. could remain an office or could easily be converted back to a 4-bedroom home with an office and covered balcony. Hardwood floors throughout the upstairs with a full bath Ready to envision your next chapter? Schedule a viewing of this delightful property today.
Last check for updates: about 10 hours ago
Listing Provided by: Darrell Cecil, (765) 352-1100
RE/MAX 1st Realty
Source: MIBOR as distributed by MLS GRID, MLS#22119604
Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 40 E Walnut St
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MLS Status: Active |
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Interior Details Basement: CellarNumber of Rooms: 8Types of Rooms: Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Office |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2880 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: NoneLaundry: In Basement |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Living RoomHas a Fireplace |
Gas & Electric Electric: 200+ Amp ServiceHas Electric on Property |
Levels, Entrance, & Accessibility Stories: 1Levels: One and One HalfAccessibility: Accessible Approach with Ramp |
Security Security: Security System |
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Exterior Home Features Patio / Porch: CoveredFoundation: Block |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Alley Access,Gravel |
Farm & Range Horse Amenities: None |
Finished Area Finished Area (below surface): 374 Square Feet |
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Cumulative Days on Market: 2Days on Market: 6 |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Wood SidingNot a New ConstructionNot Attached Property |
Property Information Parcel Number: 551304140010000021 |
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Price List Price: $274,900Price Per Sqft: $95 |
Status Change & Dates Possession Timing: Negotiable |
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Direction & Address City: MartinsvilleCommunity: No Subdivision |
School Information Jr High / Middle School: John R. Wooden Middle SchoolHigh School: Martinsville High SchoolHigh School District: MSD Martinsville Schools |
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Listing Agent Listing ID: 22119604 |
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Building Area Building Area: 2880 Square Feet |
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Lot Area: 5227.2 sqft |
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BasementMls Number: 22119604Attic: Access Only |
Around this home
What Locals Say about Martinsville
At least 101 Trulia users voted on each feature.
88 % Say parking is easy
88 % Say yards are well-kept
85 % Say car is needed
82 % Say it's dog friendly
79 % Say kids play outside
73 % Say there's holiday spirit
70 % Say people would walk alone at night
61 % Say there are sidewalks
53 % Say there's wildlife
52 % Say neighbors are friendly
52 % Say they plan to stay for at least 5 years
52 % Say it's quiet
50 % Say it's walkable to restaurants
42 % Say it's walkable to grocery stores
41 % Say streets are well-lit
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Martinsville
Last updated July 2026
Avg. sale price
$311K
$15.27KMoM
Sale-to-List Price
99.5%
Price per sq ft
$162
$6MoM
Available listings
110
10MoM
Home Value
Trulia Estimate
$268KSince last month
Increased$20K (+8.1%)Since last year
Increased$45K (+20%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +113% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $268K |
| July 2026 | $248K |
| June 2026 | $246K |
| May 2026 | $241K |
| April 2026 | $233K |
| March 2026 | $228K |
| February 2026 | $227K |
| January 2026 | $222K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $60,000 | 09/12/25 | 4 | 2.5 | 2,367 | |
0.16 | Single-Family Home | $265,000 | 11/14/25 | 3 | 1.5 | 3,323 | |
0.30 | Single-Family Home | $250,000 | 08/27/26 | 4 | 2 | 2,400 | |
0.42 | Single-Family Home | $210,000 | 08/12/26 | 4 | 1 | 2,498 | |
0.09 | Single-Family Home | $600,000 | 07/24/26 | 4 | 3.5 | 3,793 | |
0.25 | Single-Family Home | $229,000 | 09/10/25 | 3 | 1.5 | 2,520 | |
0.37 | Single-Family Home | $260,000 | 11/21/25 | 3 | 2 | 2,493 | |
0.18 | Single-Family Home | $50,000 | 02/06/26 | 3 | 1 | 1,280 | |
0.07 | Single-Family Home | $180,000 | 11/17/25 | 3 | 1 | 1,014 | |
0.19 | Single-Family Home | $240,000 | 11/10/25 | 3 | 2 | 2,224 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $286,500 | 4 | 1.5 | 2,900 | Off Market | |
0.06 | $224,400 | 3 | 2 | 1,974 | Off Market | |
0.07 | $180,000 | 3 | 1 | 1,014 | Recently Sold | |
0.11 | $310,700 | 4 | 2.5 | 2,260 | Off Market | |
0.09 | $600,000 | 4 | 3.5 | 3,793 | Recently Sold | |
0.10 | $280,600 | 4 | 2 | 4,730 | Off Market | |
0.13 | $276,200 | 4 | 1.5 | 3,480 | Off Market | |
0.11 | $225,200 | 4 | 2.5 | 2,367 | Off Market | |
0.16 | $265,000 | 3 | 1.5 | 3,323 | Recently Sold | |
0.15 | $190,700 | 3 | 1 | 1,066 | Off Market | |
0.16 | $186,900 | 2 | 1 | 1,434 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 25, 2026 Source: MIBOR as distributed by MLS GRID #22119604 | Listed For Sale | $274,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,028 | $214,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Darrell Cecil, RE/MAX 1st Realty
Agent Phone: (765) 352-1100
Based on information submitted to the MLS GRID as of 2026-08-31 03:58:04 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 40 E Walnut St
- What is the estimated monthly payment for 40 E Walnut St?Based on a $274,900 list price with 20% down at today's rates, the estimated monthly payment for 40 E Walnut St in Martinsville, IN is approximately $1,643 (about $1,451 principal & interest, $117 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 40 E Walnut St compare to homes in Martinsville?40 E Walnut St in Martinsville, IN is listed at $274,900, about 12% below the $311K median sale price in Martinsville.
- What do residents say about Martinsville?Residents describe Martinsville, IN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Martinsville, IN.
- What are the closest schools to 40 E Walnut St?The closest schools to 40 E Walnut St in Martinsville, IN are Brooklyn Elementary School (Pre-K, rated 6/10), Centerton Elementary School (Pre-K, rated 8/10), Charles L Smith Elementary School (Pre-K, rated 6/10).
- Does 40 E Walnut St have air conditioning?Yes, 40 E Walnut St in Martinsville, IN has air conditioning.
- Does 40 E Walnut St have laundry facilities?Yes, 40 E Walnut St in Martinsville, IN has laundry facilities.
40 E Walnut St, Martinsville, IN 46151 is a 4 bedroom, 2 bathroom, 2,880 sqft single-family home built in 1920. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 25, 2026. The MLS # for this home is MLS# 22119604.