Skip to content

709 Morton Avenue

Martinsville, IN 46151

PendingListed Jun 12, 2025 · 461 days on market

Key facts

Living area
2,580 sqft
Lot
0.2 acres
Year built
1909
Type
Commercial Sale · Mixed Use
MLS #
22044646
County
Morgan
Total building area
2,580 sqft

About this home

LOCATION, LOCATION, LOCATION! Great visibility and high traffic at this busy intersection. Own this corner lot with multiple lines of access coming and going. Great visibility of YOUR business while people wait at the stop light. Great visibility of YOUR business as people come and go through this 39 bypass in Martinsville whether on the way to Bloomington or Indy. This property is zoned B2 which can accommodate most any type of business such as retail, restaurants/food, office, medical, auto, etc. The locals may recall this building as the old bus terminal back in the day. It was most recently used as an auto business but could be revamped to suit your business needs. 2580 sq ft two story building with garage bays also has a newer roof.

Description provided by the listing brokerage.

Exterior

Roof
Asphalt

Systems

Utilities
Electricity ConnectedNatural Gas Connected

Lot and HOA

Zoning
Commercial

Schools

Middle school
John R. Wooden Middle School
School district
MSD Martinsville Schools

Taxes

Estimated annual tax
$2,252 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$2,236per month, estimated
Principal and interest $1,915Property tax $188Insurance $133
20% · $76,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$380,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.