Sold159d on market
5795 Mason Ln
Martinsville, IN, 46151 • 46151 • Morgan County
$16,000
0.29 acLot
Property DNA
No Subdivision
46151
This home is in high demand
Listed 159 days ago · 3 views · Top 3% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
159 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 3% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Lot
Great opportunity to own a spacious lot in a peaceful rural neighborhood, conveniently located between Martinsville and Mooresville with quick access to Highway 67. The lot features a functioning septic system, previously connected to a home that has since burned. A newly installed privacy fence adds security and charm. The remaining structure from the previous home will need to be removed, but the lot is ready for you to build the home you've been dreaming of-whether it's a cozy farmhouse, a modern retreat, or anything in between. Don't miss out on this versatile and well-located piece of property!
Standout features identified
Our analysis highlights peaceful rural neighborhood, spacious lot, and newly installed privacy fence as key attractions of this home.
Estimated monthly payment
Based on current rates
$104/month
Principal & Interest$83
Property Tax$16
Insurance$5
Down payment20% ($3,200)
3%50%
Est. 6.75% rate · 30yr fixed · $12,800 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land, Residential Lots
Systems
Water / SewerMunicipal Water on Site / Septic Tank
Parking & Outdoor
Lot0.29 Acres
Location & Tax
Neighborhood46151
ZoningR1
Annual tax$1,270
Parcel550903210011000006
Features & details
1 category of property features
Exterior Features
Lot Features
Rural In Subdivsion
Listing insights
Market data and value estimates
StatusSold
Days on market159
Est. rent$2,134/mo
Tax rate0.51%
On marketSep 18, 2025
PostedSep 18, 2025
Last sold$16,000
MLS statusSold
MLS updatedOct 31, 2025
Tour days6
Views3
How are the schools in Martinsville?
3 schools rated nearby
Location
Martinsville, IN, 46151
Price history
8 events
DateEventPrice$/sqftSource
Oct 30, 2025Sold$16,000—MIBOR as distributed by MLS GRID
Oct 20, 2025Pending Sale$20,000—MIBOR as distributed by MLS GRID
Oct 10, 2025Listed For Sale$20,000—MIBOR as distributed by MLS GRID
Sep 25, 2025Pending Sale$20,000—MIBOR as distributed by MLS GRID
Sep 18, 2025Listed For Sale$20,000—MIBOR as distributed by MLS GRID
Sep 24, 2024Listing Removed——Hubzu REO
Jul 24, 2024Pending Sale——Hubzu REO
Jan 15, 2004Sold$25,000—MIBOR as distributed by MLS GRID
Sold$16,000
Oct 30, 2025•MIBOR as distributed by MLS GRID
Pending Sale$20,000
Oct 20, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$20,000
Oct 10, 2025•MIBOR as distributed by MLS GRID
Pending Sale$20,000
Sep 25, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$20,000
Sep 18, 2025•MIBOR as distributed by MLS GRID
Listing Removed—
Sep 24, 2024•Hubzu REO
Pending Sale—
Jul 24, 2024•Hubzu REO
Sold$25,000
Jan 15, 2004•MIBOR as distributed by MLS GRID
Tax history
17 years of records
YearTax paidAssessed value
Apr 8, 2024$1,182$130,300
Apr 8, 2023$981$124,100
Apr 8, 2022$779$115,900
Apr 8, 2021$718$96,500
Apr 8, 2020$737$92,400
Apr 8, 2019$661$87,300
Apr 8, 2018$648$80,700
Apr 8, 2017$610$80,100
Apr 8, 2016$471$72,300
Apr 8, 2014$469$70,200
Apr 8, 2013$440$70,200
Apr 8, 2012$425$70,300
Apr 8, 2011$464$73,800
Apr 8, 2010$490$73,800
Apr 8, 2009$471$73,800
Apr 8, 2006$690$70,300
Apr 8, 2005—$53,600
Nearby homes
Neighborhood details
Local context around this listing
Martinsville, IN • Morgan County
Nearby neighborhoods
Browns CrossingCentertonEminenceFoxcliff EstatesWaverly
Nearby cities
BethanyBrooklynGosportMartinsvilleMonroviaMooresvilleMorgantownParagon
Nearby zip codes
4612546151
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Based on information submitted to the MLS GRID as of 2026-04-08 07:37:54 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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