Martinsville Homes under $400,000

Martinsville Homes under $400,000

Welcome to Martinsville, Indiana – a charming city that beautifully blends small-town charm with modern conveniences. Nestled in Morgan County, Martinsville offers a welcoming community atmosphere surrounded by stunning natural landscapes. Known for its friendly residents and rich history, this vibrant city is an ideal place for families, retirees, and anyone seeking a peaceful lifestyle with easy access to urban amenities.

Martinsville is well-equipped with local shops, delicious dining options, and recreational activities. The city is home to several parks, perfect for enjoying the great outdoors or spending quality time with loved ones. With its close proximity to Indianapolis, residents can easily enjoy the bustling city life while returning to the tranquility of their hometown.

For those looking to invest in real estate, Martinsville boasts a variety of homes under $400,000, making it an attractive option for first-time buyers and seasoned homeowners alike. The housing market here offers an impressive selection of properties, from cozy single-family homes to charming bungalows, all showcasing the warmth and character of this delightful community. Whether you prefer a home with a spacious backyard or a quaint residence near the heart of town, you’ll find something that suits your needs and budget.

Martinsville is more than just a place to live; it’s a community to thrive in. With affordable housing options and a welcoming environment, now is the perfect time to discover all that this beautiful city has to offer. Come and experience the charm of Martinsville, where your dream home awaits!

Newest Martinsville Homes under $400,000

559 S Sycamore Street, Martinsville
$229,900
3 Beds ⋅ 2 Baths
CHARACTER, CHARM & A DETACHED GARAGE WITH SERIOUS POSSIBILITIES! If you've been looking for a home with personality, space to spread out and a little something extra, this charming 3-bedroom, 1.5-bath bungalow deserves a closer look. Set on a quiet street, this home delivers the character buyers love, starting with its distinctive stone exterior and continuing inside with rich wood trim, beautiful built-in cabinetry and a classic open concept that connects the great room and dining area. Natural light fills the main living spaces, creating a warm and welcoming feel, while the kitchen offers plenty of cabinet space for everyday cooking, entertaining and gathering. Three bedrooms, 2 on the main and 1 upstairs with a loft area, provide room for family, guests, a home office or hobbies. Hardwood floors are tucked beneath the bedroom carpeting downstairs, offering the opportunity to uncover even more of the home's original charm. The enclosed front porch adds another inviting space to enjoy your morning coffee, curl up with a book or unwind at the end of the day. Not only do you have a two car attached garage, but also a large 20x35 pole barn like/detached garage! This is far more than a place to park the car. With its generous size and pole-barn-style feel, this versatile space opens the door to all kinds of possibilities. Imagine a workshop, car enthusiast's garage, woodworking space, hobby headquarters, small business workspace, extra storage or the ultimate place for all those projects you've been waiting to tackle. Bring your tools, toys, equipment and ideas because there's room to put this space to work. The basement provides even more storage for seasonal decor, keepsakes and household extras, while the combination of original character and flexible spaces gives you plenty of room to make this home your own.

559 S Sycamore Street, Martinsville

Listing courtesy of Keller Williams Indy Metro Partners.

1425 Cross Street, Martinsville
$199,000
2 Beds ⋅ 2 Baths
Move-In Ready and Completely Remodeled! This beautifully updated 2-bedroom, 1.5 bath home offers peace of mind with major improvements completed within the last 7 years, including a new roof, HVAC system, and crawlspace. Enjoy the convenience of a tankless water heater and a backyard drainage system designed to help prevent standing water. The finished 1 car garage offers added versatility and could easily serve as a bonus room, family room, or potential additional bedroom. Need extra storage or workspace? The barn in the back yard features electricity and insulation, making it a great space for hobbies, projects, or additional storage. Conveniently located near Interstate 69, this property combines modern updates, flexible living space, and easy access to travel and everyday amenities. Don't miss your opportunity to make this home yours!

1425 Cross Street, Martinsville

Listing courtesy of RE/MAX Professionals.

670 Duo Drive, Martinsville
$295,000
3 Beds ⋅ 2 Baths
Welcome Home to this TOTALLY UPDATED home! This inviting 3-bedroom, 2-bath ranch offers 1,616 square feet of comfortable living space with a practical layout and plenty of flexibility. The main level features a spacious living room with a masonry fireplace and insert, a large family room, an eat-in kitchen with center island, three bedrooms, and a convenient laundry room. The primary bedroom includes a walk-in closet, while the enclosed glass patio provides an additional space to relax and enjoy the home. Formerly a garage, the additional bonus space attached to the home offers even more flexibility and could potentially be converted into a fourth bedroom, home office, recreation room, or other living space to suit your needs. Outside, the property sits on approximately 0.31 acres and offers a covered porch, sidewalks, and a unique opportunity for additional living space. The renovated building located behind the home is a 2-bedroom, 1-bath unit with a full kitchen, providing excellent flexibility for guests, extended family, rental potential, or a separate living arrangement. With a comfortable 3-bedroom main home, potential for a fourth bedroom, and a separate 2-bedroom, 1-bath unit with a full kitchen, this Martinsville property offers an uncommon amount of space and versatility for its next owner.

670 Duo Drive, Martinsville

Listing courtesy of Keller Williams Indy Metro Partners.

4180 Canatsey, Martinsville
$234,900
3 Beds ⋅ 2 Baths
You really get the best of both worlds with this one! Country living without feeling like you're in the middle of nowhere. Minutes from Martinsville and SR 67, with an easy route whether you're heading toward Ellettsville/Spencer or commuting north toward Indy. This 3 bedroom, 2 FULL bath home is updated, move-in ready and incredibly functional. The lot is really what makes it special. Out front, you're looking across open cornfields off Smokey Road instead of straight into another home, and out back you have a large yard already fenced on two sides. An 2-car detached garage and blacktop driveway give you plenty of space for vehicles, toys, or hobbies. A nice walking path leads up to the front porch, and the property has that quiet, tucked-away feel while still being close to everything you need. This would make a great first home, or an easy/low-maintenance option for someone wanting to downsize. Homes with a country setting, big backyard, oversized garage and a convenient Martinsville location don't come up every day. When you buy a home, you're buying the location too - and this is a pretty easy place to picture calling home!

4180 Canatsey, Martinsville

Listing courtesy of Keller Williams Indy Metro Partners.

384 W Harrison Street, Martinsville
$199,900
3 Beds ⋅ 1 Baths
OPEN HOUSE TUESDAY, OCT 6TH 5-7PM - Searching for an updated 3 bedroom home in Martinsville near downtown? This charming 1911 home was extensively remodeled in 2020, blending the character buyers love with major updates including electrical, plumbing, windows, roof, water heater, kitchen countertops, fresh paint, and more. Inside, 9-foot ceilings and abundant windows create a bright, open feel while crown molding, tray ceilings, and thoughtful details preserve the personality that makes an older home special. The large eat-in kitchen is made for gathering, featuring updated cabinetry and countertops, an apron-front sink, included appliances, and double doors opening directly to the back deck for grilling, dining, and relaxing outside. A full bathroom and laundry room are conveniently located on the main level, while all three bedrooms are tucked upstairs. Multiple outdoor living spaces give you even more room to enjoy home, including the cozy covered front porch with a classic porch swing and the spacious back deck. Best of all, the low-maintenance corner lot means less time spent on yardwork while keeping you close to downtown Martinsville, shopping, dining, parks, schools, and everyday conveniences. Whether you're a first-time homebuyer, ready to stop renting, or simply searching for a move-in-ready 3 bedroom home in Martinsville with historic character and modern updates, 384 W Harrison Street offers an exciting combination of affordability, location, charm, and manageable upkeep that's hard to find.

384 W Harrison Street, Martinsville

Listing courtesy of The Modglin Group.

500 W Pike Street, Martinsville
$179,900
3 Beds ⋅ 1 Baths
Updated home with new interior and exterior paint, all new interior flooring, new air conditioning, and new kitchen appliances make this home move in ready. Step inside this three-bedroom home equipped with a large front porch and a utility building out back. Home meets all loan criteria. Home also qualifies for zero money down options.

500 W Pike Street, Martinsville

Listing courtesy of New Start Home Realty, LLC.

840 E Washington Street, Martinsville
$324,900
4 Beds ⋅ 2 Baths
The best of historic styling and modern convenience join in this traditional american home. The wide wraparound front porch is the perfect place for children to play on a rainy day or adults to enjoy the community minded neighborhood. The fully fenced .25 acre lot features exquisite landscaping, a beautiful gazebo, 2-car oversized garage, storage shed and a 12'x12' heated finished building perfect for a mancave, art studio or playhouse. Inside the 2,278 SF, you will find 4 possible 5 bedrooms, 2 full baths, formal dining and partial basement. A few special features include abundant windows, high ceilings, hardwood flooring, beautiful wood staircase w/leaded glass window at landing, large vintage style kitchen, main level primary bedroom and laundry. Lot of storage and plenty of closet space. This home sits on one of the most beautiful areas of town and is a short walk to restaurants, music venues and shopping. Low utilities and property taxes makes keeps this home affordable for first time homebuyers to the retired. You won't want to miss seeing this one of a kind home and imagining living the small town life while being so close to Indy, Bloomington and airport.

840 E Washington Street, Martinsville

Listing courtesy of Keller Williams Indy Metro Partners.

955 Plaza Drive, Martinsville
$199,900
2 Beds ⋅ 1 Baths
Enjoy maintenance free living! This 55+ condominium community offers privacy, independence and convenience as you enjoy the luxury of ample living space, lots of storage and a compact design where you can relax, entertain or pursue your hobbies. This home features an open floor plan where living, dining and kitchen flow seamlessly and the bedrooms and sunroom give you plenty of privacy. A convenient bath with walk in shower and laundry/mechanical room round out this conveniently located condominium. Your attached 1-C garage shelters you from the weather as you come and go. Exterior maintenance and lawncare are covered by the monthly HOA dues so you can enjoy a nicely landscaped and spacious yard with no worries.

955 Plaza Drive, Martinsville

Listing courtesy of Jennings Real Estate, LLC.

639 W Morgan Street, Martinsville
$225,000
2 Beds ⋅ 2 Baths
OPEN HOUSE: Sunday October 11th, 12-2 PM. Bring your offer - Motivated Seller. Shingled Roof, HVAC system, Gas Water Heater, Electrical wiring and panel boxes, Refrigerator, range/stove, oven, and garage door tracks are approximately 3.5 years old, and the dishwasher is brand new. Step into the charm of 1904 with this beautifully renovated two bedroom, two full-bath home, updated in 2023 while preserving its original character. From the restored original crown molding and 10 ft. high ceilings to the original interior door locks and oversized windows that fill the home with natural light, this property blends historic charm with modern updates. The inviting wraparound front porch offers the perfect place to enjoy your morning coffee and watch the sunrise. Separate porch entrances provide access to the primary bedroom and formal dining room, adding a unique touch to the home's historic layout. The primary bedroom features an ensuite bathroom for added privacy. The dining room also provides access to the basement, while the kitchen opens to the backyard carport, complete with an additional storage closet. Additional features include a detached two-car garage with alley access. Conveniently located approximately a mile from downtown Martinsville and half a mile from the IN-39 bypass, this home offers easy access to local shopping, dining, and commuting routes. The MSD of Martinsville school district is located approximately two miles away. Enjoy the character of a historic home with the convenience of modern updates. **Don't miss this opportunity-schedule your showing and bring your offer!**

639 W Morgan Street, Martinsville

Listing courtesy of The Modglin Group.

2534 S Edgewood Cove, Martinsville
$399,900
4 Beds ⋅ 2 Baths
Pool days. Lake days. Pickleball nights. Plenty of room to gather. This move-in-ready 4-bedroom, 2-bath all-brick ranch offers comfortable one-level living with a backyard and community designed for enjoying life. Inside, the inviting floor plan offers room to spread out, with a fireplace, spacious dining room and kitchen that flows into a casual dining area perfect for morning coffee, homework and game nights. LVP flooring is less than 5 years old, and the HVAC is only a few years old. The backyard is the showstopper. Step onto the deck and enjoy a fenced, park-like setting surrounded by mature trees, a pool and plenty of space to relax or entertain. It's the kind of backyard that can turn an ordinary day into a vacation-at-home experience. Painted Hills adds even more to the lifestyle with access to two lakes, including one for boating, plus a clubhouse, pickleball courts and playground. Cedar Creek Winery, Distillery & Brewery is nearby for an easy night out. Peace of mind comes with a new gas tankless water heater and water softener-both less than a year old-and all plumbing beneath the house has been replaced. Four bedrooms. One-level living. A backyard built for fun. A neighborhood built for living. Don't miss the chance to make this Painted Hills retreat your own.

2534 S Edgewood Cove, Martinsville

Listing courtesy of Keller Williams Indy Metro Partners.

1445 Wigwam Lane, Martinsville
$249,864
3 Beds ⋅ 2 Baths
Presenting 1445 Wigwam LN, a newly constructed single family residence in MARTINSVILLE, IN, completed in 2026. This thoughtfully designed property offers 1444 square feet of refined living space, embodying contemporary comfort and architectural foresight. This single-story residence encompasses three well-proportioned bedrooms, providing ample private accommodations. Complementing these are two full bathrooms, meticulously appointed to offer convenience and a serene personal retreat. The property occupies a generous 6534 square foot lot, offering a harmonious balance between indoor and outdoor living. This space provides potential for personalized landscaping or outdoor leisure pursuits. Discover the refined possibilities of contemporary living by scheduling your private viewing of this exceptional property.

1445 Wigwam Lane, Martinsville

Listing courtesy of RE/MAX 1st Realty.

7654 E Bill Smith Drive, Martinsville
$339,900
2 Beds ⋅ 1 Baths
"There is no place like home" ( author John Howard Payne) especially when it sits on 5 acres privately nestled in the woods. You will love the peaceful surroundings and abundant wildlife enclosing this secluded property. Newer roof, siding, furnace, air conditioner, water heater and a fully fenced backyard add to the home's strong appeal. Featuring a convenient main-level primary bedroom and an upstairs bedroom with endless possibilities, the home is ideally situated between Bloomington and Indianapolis for an easy commute. Additional amenities include a storage barn, a fenced garden area for those with a green thumb, and a 32 X 25 pole barn fully wired for electricity-just hook it up and you're ready to go. Enjoy complete seclusion with the convenience of municipal water and no HOA.

7654 E Bill Smith Drive, Martinsville

Listing courtesy of Keller Williams Indy Metro Partners.

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