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0 Shelton Road

Martinsville, IN 46151

ActiveListed Aug 6, 2026 · 42 days on market

Key facts

Lot
35.38 acres
Type
Land · Residential Lots
MLS #
22118474
County
Morgan
Subdivision
No Subdivision

About this home

36+ acres located in the heart of Morgan County! This property can be kept as a single parcel OR minor platted for multiple parcels/ homes. There are ample trails on the property, private pond, small hunting cabin, along with endless wildlife an possibilities. City water & electric is available at the road. $200k+ in improvements including gravel, excavation, clearing, drainage and more. Seller has not performed any soil tests. Whether you are looking for your next place to build, multi home compound or hunting ground this property may just be the one! Conveniently located just 1.5 miles from 67. Due diligence is the responsibility of the buyer.

Description provided by the listing brokerage.

Exterior

View
PondTrees/Woods

Systems

Sewer
Septic Needed

Lot and HOA

Zoning
Ag/Residential

Schools

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

Taxes

Estimated annual tax
$114 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,160per month, estimated
Principal and interest $2,011Property tax $10Insurance $140
20% · $79,800
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$399,000
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