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....
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Home facts
- Year built:1935
- Subdivision & Development:No Subdivision
- Listing ID #:22110106
- Added:49 day(s) ago
- Updated:August 12, 2026 at 04:28 PM
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
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