489 E Walnut Street, Martinsville, IN 46151
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
Listed by: danielle stiles
Office: the modglin group
MLS#:22110106
Source:IN_MIBOR
Price summary
- Price:$1
- Price per sq. ft.:$0
About this home
OPEN HOUSE - WEDNESDAY, JUNE 24TH 6-8PM Historic Commercial Redevelopment Opportunity in Downtown Martinsville! A rare opportunity to preserve a piece of local history. Built in 1935 during the Great Depression, this former church stood for generations as a beacon of hope, faith, and community support. Deeply cherished by many families throughout the years, it served as a gathering place and pillar of strength for those facing hardship during some of the area's most challenging times. Today, this historic structure awaits a visionary buyer willing to restore, repurpose, or reimagine its future with over 10,000 square feet of potential on a 0.22-acre corner lot just a short walk from Downtown Martinsville. Whether your plans include a church, community space, residental, duplex or another use subject to governmental approvals, this property offers a unique chance to breathe new life into a landmark with a meaningful story. Street parking is available. Zoning is R2. Utilities are available in the area but are not currently connected. Property is being offered AS-IS. Buyer is responsible for verifying zoning, permitted uses, utility availability, redevelopment requirements, clean out, and all governmental approvals. Highest and Best Offers will be accepted through July 10, 2026....
Contact an agent
Home facts
- Year built:1935
- Listing ID #:22110106
- Added:4 day(s) ago
- Updated:June 29, 2026 at 04:28 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:3
- Full bathrooms:1
- Half bathrooms:2
- Basement:Yes
- Basement Description:Basement, Finished, Finished Ceiling, Finished Walls, Full
- Living area:10,264 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1935
- Building area:10,264 sq. ft.
- Lot area:0.22 Acres
- Foundation Description:Block
Schools
- High school:Martinsville High School
- Middle school:John R. Wooden Middle School
Finances and disclosures
- Price:$1
- Price per sq. ft.:$0
New listings near 489 E Walnut Street
- New
$210,000Active3 beds 2 baths1,204 sq. ft.929 S Grant Street, Martinsville, IN 46151
MLS# 22110723Listed by: BENNETT REALTY - New
$295,000Active3 beds 2 baths1,430 sq. ft.3910 Adams Drive, Martinsville, IN 46151
MLS# 22110434Listed by: REAL BROKER, LLC - New
$450,000Active4 beds 3 baths3,192 sq. ft.3379 Burns Boulevard, Martinsville, IN 46151
MLS# 22110545Listed by: THE MODGLIN GROUP - New
$325,000Active20.52 Acres5075 W Big Hurricane Road, Martinsville, IN 46151
MLS# 22110661Listed by: EXP REALTY, LLC - New
$300,000Active3 beds 1 baths1,550 sq. ft.5012 N Templin Road, Martinsville, IN 46151
MLS# 22110070Listed by: CARPENTER, REALTORS - New
$158,900Active2 beds 1 baths1,369 sq. ft.213 N State Road 67 S, Martinsville, IN 46151
MLS# 22110306Listed by: F.C. TUCKER COMPANY
$265,000Pending3 beds 3 baths1,920 sq. ft.1160 E Jackson Street, Martinsville, IN 46151
MLS# 22090452Listed by: KELLER WILLIAMS INDY METRO S- New
$85,000Active3.56 Acres3271 Eagles Point, Martinsville, IN 46151
MLS# 22110293Listed by: YOUR HOME TEAM - New
$625,000Active5 beds 4 baths3,990 sq. ft.145 Bailliere Drive, Martinsville, IN 46151
MLS# 22109823Listed by: KELLER WILLIAMS INDY METRO S - New
$550,000Active4 beds 3 baths3,128 sq. ft.2576 S Glen Cove, Martinsville, IN 46151
MLS# 22110097Listed by: WEICHERT, REALTORS