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3938 N Chapel Lane

Martinsville, IN 46151

ActiveListed Jul 16, 2026 · 75 days on market

Key facts

Beds
3
Baths
3 full
Living area
3,090 sqft
Lot
5 acres
Year built
1998
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22114492
County
Morgan
Subdivision
No Subdivision

About this home

Escape to five wooded acres and a modern farmhouse that feels worlds away. With more than 3,000 square feet, an open, easy-flowing layout, and a cozy wood-burning fireplace, this home was made for both gathering and retreat. Remodeled approximately five years ago, it features updated windows, siding, drywall, paint, waterproof flooring, a tankless water heater, whole-house water filtration, and zoned HVAC. A walk-in pantry and second-floor laundry add everyday ease. The spacious primary suite feels like a private spa, with a custom-tiled wet room, zero-entry shower, built-in bench, overhead rainfall showerhead, and separate soaking tub. Upstairs, the enormous great room floats among the treetops, creating a one-of-a-kind treehouse feel. Private, thoughtfully designed, and full of character, this is more than a home-it is a place to exhale.

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDouble OvenRange HoodRefrigeratorTankless Water HeaterWater Purifier
Interior features
Attic AccessAttic Pull Down StairsKitchen IslandPantryWalk-In Closet(s)Wood Work Painted
Kitchen
Kitchen Updated
Other rooms and areas
Great Room - 2 Story
Laundry
Laundry RoomUpper Level
Windows
ScreensVinyl Windows
Security
Smoke Detector(s)
Rooms
9
Condition
Updated/Remodeled

Exterior

Patio and porch
Patio
Foundation
Slab
Parking and garage
Attached
View
Trees/Woods

Systems

Heating
ZonedForced AirPropaneWood Stove
Cooling
Central AirWhole House Fan
Water
Public

Lot and HOA

Lot features
Not In SubdivisionRural - Not SubdivisionMature TreesWooded

Schools

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

Taxes

Estimated annual tax
$1,360 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,808per month, estimated
Principal and interest $2,520Property tax $113Insurance $175
20% · $99,980
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.

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Listed at$499,900
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