Skip to content

1475 Raymond Road

Martinsville, IN 46151

PendingListed Sep 14, 2026 · 25 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,540 sqft
Lot
0.27 acres
Year built
1960
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22125994
County
Morgan
Subdivision
Means

About this home

OPPORTUNITY IS KNOCKING! Discover the charm, space and potential of this three-bedroom, two-full-bath stone ranch tucked along a quiet country setting in Morgan County, just minutes from State Road 67. Offering more than 1,500 square feet, this home features a light-filled interior, a cozy fireplace in the great room and a comfortable layout ready for your personal touch. Outside, the fenced backyard provides plenty of room for pets, play, gardening or outdoor entertaining, while the detached two-car garage offers valuable parking, storage or workshop space. With solid stone construction, a peaceful setting and convenient access to nearby amenities and commuter routes, this property is packed with possibilities. Bring your vision and make it your own! Whether you are searching for a place to personalize, an opportunity to build sweat equity or a promising addition to your investment portfolio, this Morgan County ranch is ready for its next chapter.

Description provided by the listing brokerage.

Interior

Appliances
DryerElectric Water HeaterMicrowaveDouble OvenElectric OvenRefrigeratorWasher
Interior features
Attic AccessPaddle FanHi-Speed Internet AvailblPantryWood Work Stained
Other rooms and areas
Laundry in UnitUtility Room
Flooring
Hardwood
Fireplaces
1
Fireplace type
Family Room
Laundry
Laundry RoomMain Level
Windows
Screens
Rooms
8
Main-level bedrooms
3

Exterior

Patio and porch
PatioPorch
Construction
Stone
Foundation
Crawl Space
Style
RanchTraditional
Parking and garage
DetachedAsphaltStorage
Fencing
Full
View
Neighborhood

Systems

Heating
Forced Air
Cooling
Central Air
Water
Private

Lot and HOA

Lot features
Rural - SubdivisionMature TreesTrees-Small (Under 20 Ft)

Schools

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

Taxes

Estimated annual tax
$606 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$859per month, estimated
Principal and interest $756Property tax $51Insurance $52
20% · $29,980
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.

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$149,900
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.