4940 E Martin Dr, Bloomington, IN 47408
OFF MARKET

4940 E Martin Dr
Bloomington, IN 47408

  • 3 Beds
  • 2 Baths
  • 2,600 sqft (on 1 acre)

$336,300

Trulia Estimate
as of Jul 17, 2026
Est. Refi. Payment $1,999/mo*
Refinance Your Home

$336,300

Trulia Estimate
as of Jul 17, 2026
Est. Refi. Payment $1,999/mo*
Refinance Your Home
3 Beds
2 Baths
2,600 sqft
(on 1 acre)

Local Information

  • Map ViewExplore the area around 4940 E Martin Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This home is near the eastside of Bloomington close to Mall and restaurants. Is currently undergoing updates. Ranch over a basement. 1/2 of basement is available in the rental price. Pet deposit of $300.00. Garage is NOT for rent. Home has a Large yard. Tenant is responsible for yard mowing and utilities.
4940 E Martin Dr, Bloomington, IN 47408 is a 3 bedroom, 2 bathroom, 2,600 sqft single-family home built in 1971. It last sold for $130,288 on Dec 4, 2006. More recently, it was listed as a rental in March 2017 with an asking price of $1,200 per month. That rental listing was removed on August 10, 2017. It is currently off market. The Trulia Estimate is $336,300, with a rent estimate of $2,500/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 4940 E Martin Dr

Interior Features

Interior Details
BasementNumber of Rooms: 9
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Brick
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 1 acre

Price History for 4940 E Martin Dr

DatePriceEventSource
08/10/2017$950ListingRemovedAgent Provided
07/07/2017$950PriceChange
Agent Provided
06/07/2017$1,000PriceChange
Agent Provided
03/29/2017$1,200Listed For RentAgent Provided
12/04/2006$130,288Sold
N/A

Market trends in Bloomington

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$319K
$18.15KMoM
Sale-to-List Price
98.2%
0.1%MoM
Price per sq ft
$184
$4MoM
Available listings
752
12MoM
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Property Tax and Assessment

Year2025
Tax$1,886
Assessment$271,400
Home facts updated by county records

Comparable Sales for 4940 E Martin Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5925 E State Road 45, Bloomington, IN
0.12
Single-Family Home
$165,000
06/26/26
3
2.5
2,396
5970 E State Road 45, Bloomington, IN
0.33
Single-Family Home
$349,000
06/18/26
3
2
1,680
5373 E State Road 45, Bloomington, IN
0.42
Single-Family Home
$440,000
05/12/26
3
2.5
2,454
3580 N Russell Rd, Bloomington, IN
0.83
Single-Family Home
$130,000
10/10/25
3
1.5
1,176
3897 E Bethel Ln, Bloomington, IN
1.36
Single-Family Home
$262,000
12/05/25
2
2
1,936
4385 E Bethel Ln, Bloomington, IN
0.90
Single-Family Home
$210,325
05/29/26
3
1
990
4125 E Bethel Ln, Bloomington, IN
0.99
Single-Family Home
$289,900
06/30/26
2
1.5
860
4255 N Baugh Rd, Bloomington, IN
1.26
Single-Family Home
$260,000
07/10/26
4
1.5
1,680
4790 N Benton Dr, Bloomington, IN
1.55
Single-Family Home
$350,000
09/15/25
3
2
2,272
2420 N Mount Gilead Rd, Bloomington, IN
1.18
Single-Family Home
$200,000
05/22/26
2
1
1,018

Nearby homes

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Assigned Schools

These are the assigned schools for 4940 E Martin Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Bloomington

At least 550 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 83 % Say car is needed

  • 75 % Say parking is easy

  • 72 % Say there's holiday spirit

  • 69 % Say there's wildlife

  • 67 % Say there are sidewalks

  • 66 % Say yards are well-kept

  • 62 % Say kids play outside

  • 60 % Say it's quiet

  • 60 % Say people would walk alone at night

  • 53 % Say neighbors are friendly

  • 46 % Say streets are well-lit

  • 42 % Say they plan to stay for at least 5 years

  • 39 % Say it's walkable to grocery stores

  • 36 % Say it's walkable to restaurants

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Fisherbetty
    "Wonderful neighbors! Friendly and helpful! Lived here 9 years. No plans to move. Great neighborhood to take walks. "
    0
    Flag
  • Hankgiles814
    "There are a lot of college kids that live here, myself included. It’s a great investment area, rents are jacked up and high demand but it’s a terrible place to raise kids and a family"
    1
    Flag
  • Justinblessed1992
    "My neighborhood folks are outside chatting, walking dogs, evening walks etc… This makes me think of friendly place. "
    0
    Flag
  • Lacy Pitman
    "Wonderful place to raise a family What school systems low city noise Surrounded by nature and a few parks"
    0
    Flag
  • Jd2hbv49cm
    "There’s only 4 units so it’s quite and very ducked off. Nobody bothers anybody & I’ve lived at my current place for 5 yrs "
    0
    Flag
  • Rusty L. Thom
    "It’s very walkable. Pets are leashed and kept under control. There are many beautiful walking trails. "
    0
    Flag
  • Katykate2000
    "I’m retired, I travel a lot to nearby towns and I attend church out of town. A car is imperative. My family lives 30 minutes away there is no bus line that would be helpful to me."
    0
    Flag
  • Lauren Myers
    "Many students who live in our neighborhood have dogs or cats. Many pets in our neighborhood are well taken care of and are friendly with neighbors."
    0
    Flag
  • Trulia User
    "I don’t have anything to offer here. There has been some Gun violence and a drug related murder a year ago. Hopefully that has all been resolved. "
    8
    Flag
  • Trulia User
    "Week night dinner with neighbors of the block, events, ball games with kids. Vacation with and friends!!"
    2
    Flag
  • Trulia User
    "lots of friendly faces. nice sidewalks without alot of cracks, yards are nicely kept. you can eat at one of the restaurants outdoors with your pet."
    1
    Flag
  • Trulia User
    "I love how calm and friendly the people are! The they are so loving! The neighood looks beautiful! no crazy driver! Nice neighbors everywhere "
    1
    Flag
  • Trulia User
    "Neighbors help each other . We have block parties and look at for kids playing. One block from city park, tennis,pool,etc "
    1
    Flag
  • Trulia User
    "I like the commute to work it is very short and not far from my kids schools. It is very nice and my kids enjoy it. "
    1
    Flag
  • Trulia User
    "A lot of doggie bags and waste can stations. Some green space but not a ton. Depending on your unit you have to walk far to find adequate grassy areas."
    1
    Flag
  • Fxbanker
    "Safe neighborhood. Suburban lifestyle and everyone is friendly. Only downside, no major malls close by."
    6
    Flag
  • Julie G.
    "lots of walking paths both paved and wooded. most of the apartments have dog parks. lots of bag stations. very dog friendly place."
    3
    Flag
  • Alyssa G.
    "All the beer bars are dog friendly. there are two well maintained dog parks in town. No "aggressive breed" restrictions."
    0
    Flag
  • Shaylee S.
    "I love being a dog owner in my neighborhood mainly because my dogs plays with all the neighbor dogs. They are buddies now to the point I even dog watch and have doggie dates to get energy out! No complaints in my neighborhood about dogs because they are all either friendly but stay to themselves or they are actually involved in our daily lives where they are our pups friend. Love it a lot."
    4
    Flag
  • Cmossbrucker
    "Country setting quiet private neighborhood. Feel very safe and know my neighbors. Great place to raise kids"
    0
    Flag
  • Daisha W.
    "Fireworks for several hours every night starting in about May and ending a couple weeks after the 4th of July, with random nights of hours-long fireworks here and there. "
    4
    Flag
  • Carol W. W.
    "There is public transportation, but many people bike around town. The B-Line Trail is just a few blocks from my home and it’s an easy way to get downtown."
    2
    Flag
  • Morgan E. C.
    "As long as you’re living on the part that’s no where near Acadia courts then you’re good. People also run the stop sign on the Allendale Winslow entrance so you have to be super careful there, and people drive pretty fast on Allendale . If you have kids make sure you have a fence and not close to the main road "
    12
    Flag
  • Eileen D.
    "I love the social and cultural amenities available here in Bloomington. The arts and music scene are great and having the university here is nice"
    1
    Flag
  • Sandy P.
    "We do sleep over party nights every month twice or we will get together have dinner. Every year for Halloween is at the College Mall. "
    1
    Flag
  • Elbaad
    "There is a lot families lives in our area the crime rate and slim and it safe to rise children here "
    1
    Flag
  • Kristen.m.phillips75
    "This is a great neighborhood with lots of families and retirees!! Very friendly neighbors! Great for walking, can play tennis and enjoy the pool and clubhouse."
    1
    Flag
  • Bucd1
    "Not sure, there are many events for the community but we don’t attend. There is a community pool, garage sales, and other events at the club house."
    2
    Flag
  • Shannon H.
    "There are a lot of car break ins on the south side of town. A lot of drugs and people going in public fried"
    2
    Flag
  • Larkarama7
    "Bloomington is a good place, it has rough spots, with needles & drugs and whatnot, but there are also safe and family friendly places. There are great play grounds and trails for families. "
    2
    Flag
  • James D.
    "there is always something to do and the local food makes it worth your time to visit. so much variety here. "
    2
    Flag
  • Missharmon1980
    "Keep eye at all times on your children. Because of university most horrific crimes are not made public."
    0
    Flag
  • Orion L.
    "Bloomington is eclectic and very diverse. A wide variety of people live in this town. It’s a great place to grow up. "
    0
    Flag
  • Promise R.
    "Quiet and great neighborhood. Mainly consisting of older families and a few new families. Overall great place to live."
    0
    Flag
  • Brooke.foertsch
    "We have walking groups, donut days, and monthly newsletters as ways to connect with neighbors. We also have a community yard sale day and the HOA provides a dumpster at that time to promote spring cleaning and again in the fall too! "
    3
    Flag
  • Dhoke
    "Neighborhood street reps, regular meetings, Facebook group, email list, annual picnic and other gatherings throughout the year"
    0
    Flag
  • Agtnew777
    "Terrible. The roads are horrible. Everyone is in a hurry. Tailgating and road rage is bad. Bad chuckholes every street."
    0
    Flag
  • Agtnew777
    "Horrible. The roads are terrible. Poorly taken care of. They are never patched. The roads are crowded and outdated."
    0
    Flag
  • Rose B.
    "Quick access to I-69 into and out of Bloomington. Public transportation is reliable but only in the downtown areas"
    0
    Flag
  • Evakatrien
    "You can get almost anywhere within 10 minutes, so there’s a high convenience factor! Good public transportation and plenty of bike lanes and multiuse trails. "
    2
    Flag

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Homes for sale near 4940 E Martin Dr

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Off Market Homes Near 4940 E Martin Dr

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