489 E Walnut Street, Martinsville, IN 46151
Local realty services provided by:CENTURY 21 Scheetz
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
- Subdivision & Development:No Subdivision
- Listing ID #:22110106
- Added:51 day(s) ago
- Updated:August 15, 2026 at 02:59 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
New listings near 489 E Walnut Street
- New
$250,000Active3 beds 2 baths1,748 sq. ft.389 N Lincoln Street, Martinsville, IN 46151
MLS# 22120471Listed by: NEW START HOME REALTY, LLC - Open Sun, 11am to 1pmNew
$625,000Active5 beds 6 baths4,341 sq. ft.3667 N Ramsgate Road, Martinsville, IN 46151
MLS# 22119665Listed by: KELLER WILLIAMS INDY METRO PARTNERS - New
$235,000Active-- beds -- baths437-439 Duo Drive, Martinsville, IN 46151
MLS# 22119657Listed by: KELLER WILLIAMS INDY METRO PARTNERS - New
$339,000Active3 beds 2 baths1,563 sq. ft.2600 Laurelwood Drive, Martinsville, IN 46151
MLS# 22120128Listed by: KELLER WILLIAMS INDY METRO PARTNERS - New
$159,900Active2 beds 1 baths1,018 sq. ft.539 W Pike Street, Martinsville, IN 46151
MLS# 22118564Listed by: CENTRAL INDIANA TOWN & COUNTRY - New
$449,900Active4 beds 3 baths2,290 sq. ft.2900 Sunderland Drive, Martinsville, IN 46151
MLS# 22119432Listed by: LIVINGSTON REALTY LLC - New
$599,999Active4 beds 4 baths5,317 sq. ft.1868 E Durham Drive, Martinsville, IN 46151
MLS# 22120104Listed by: WILMOTH GROUP - New
$169,900Active2 beds 1 baths896 sq. ft.509 S Crawford Street, Martinsville, IN 46151
MLS# 22118286Listed by: THE STEWART HOME GROUP - New
$665,000Active4 beds 3 baths3,626 sq. ft.2019 Haven Trail, Martinsville, IN 46151
MLS# 22118520Listed by: CARPENTER, REALTORS - New
$589,000Active4 beds 3 baths2,240 sq. ft.1495 W Shore Court, Martinsville, IN 46151
MLS# 22119246Listed by: F.C. TUCKER COMPANY