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5085 Wilbur Road

Martinsville, IN 46151

ActiveListed Jul 24, 2026 · 55 days on market

Key facts

Beds
3
Baths
1 full
Living area
1,328 sqft
Lot
6.17 acres
Year built
1920
Type
Residential · Single Family Residence
Stories
One
MLS #
22115836
County
Morgan
Subdivision
No Subdivision
Total building area
1,761 sqft

About this home

Completely renovated and full of possibilities! Nestled on over 6 picturesque acres, this unique property has been transformed from a 1-bedroom, 1-bath home into a beautifully updated 3-bedroom, 1-bath retreat. The open-concept floor plan features soaring ceilings, an abundance of natural light, new cabinetry, butcher block countertops, stainless steel appliances, luxury vinyl plank flooring, and a cozy wood-burning stove that creates a warm, inviting atmosphere. Outside, you'll find an impressive pole barn offering endless possibilities. Whether you're dreaming of a horse property, workshop, equipment storage, hobby space, or the ultimate party barn for entertaining family and friends, this versatile building is ready for your vision. Imagine transforming the impressive 1620 sq ft barn into the ultimate entertaining venue with space for family gatherings, game days, celebrations, or unforgettable Airbnb experiences. With soaring ceilings, rustic character, and endless possibilities, this versatile space could become the centerpiece of the property. Nature lovers will appreciate the peaceful setting while still enjoying convenient access to some of southern Indiana's most popular destinations. Located just minutes from Morgan-Monroe State Forest, Cedar Creek Winery, Brewing Co. & Distillery, and historic Downtown Martinsville, and approximately 30 minutes from Brown County/Nashville, Indiana University in Bloomington, Oliver Winery, and Lake Monroe, you'll never run out of places to explore. Whether you're searching for a private full-time residence, a weekend getaway, or an investment opportunity, this property's location and amenities make it an outstanding candidate for a vacation rental or Airbnb. Enjoy country living with recreation, dining, wineries, shopping, hiking, boating, and entertainment all within an easy drive.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDisposalGas Water HeaterMicroHoodGas OvenRefrigerator
Kitchen
Kitchen Updated
Other rooms and areas
Laundry in UnitUtility Room
Fireplaces
1
Fireplace type
Free Standing
Laundry
In UnitIn Basement
Windows
Vinyl Windows
Rooms
6
Main-level bedrooms
3
Condition
Updated/Remodeled

Exterior

Exterior features
Barn PoleStorage
Patio and porch
Covered
Construction
Wood Siding
Foundation
Block
Style
RanchRustic
Parking and garage
Gravel
View
Trees/WoodsForest

Systems

Heating
Forced AirNatural GasWood Stove
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSeptic SystemWater Connected

Lot and HOA

Lot features
Corner LotNot In SubdivisionRural - Not SubdivisionMature TreesWooded
Community
Stable(s)

Schools

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

Taxes

Estimated annual tax
$554 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,202per month, estimated
Principal and interest $2,016Property tax $46Insurance $140
20% · $79,980
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$399,900
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