Mandatory appointment. Selling as-is. Open House Tuesday, May 19th 5:30PM - 6:30PM. Audio video - voice and camera. Peaceful natural setting in rural area surrounded by trees. This home could easily be a multi generational home. Large garden area for homesteader / homesteading. Small barn. Originally built as duplex with a garage in center section. Now 2 story great room. 2 large kitchens, island with granite & full array of cabinets. 2 primary bedrooms on 1st floor with sliding doors to patios. 2 second floor bedrooms with sitting area. 2 additional rooms on first floor which could be office, home gym or bedrooms. "Unfinished" but could be a dream property! No basement. No FHA / VA; as-is property. Wheelchair accessible. $5000 painting or closing cost prepaids allowance. Security system does not stay.
For sale
$440,000
4230 E Martinsburg Fire Road, Palmyra, IN 47164
6beds
4,792sqft
Single Family Residence
Built in 2000
3.5 Acres Lot
$425,200 Zestimate®
$92/sqft
$-- HOA
What's special
Small barnSliding doors to patiosLarge garden area
- 27 days |
- 1,851 |
- 115 |
Zillow last checked:
Listing updated:
Listed by:
Diane Thomas,
Coldwell Banker McMahan
Source: SIRA,MLS#: 202608304
Originating MLS: Southern Indiana REALTORS Association
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Family Room
Primary bedroom
- Description: left side
- Level: First
Primary bedroom
- Description: right side
- Level: First
Bedroom
- Description: sitting room or home work area
- Level: Second
Bedroom
- Description: sitting room or family work area
- Level: Second
Bedroom
- Description: office / gym / craft room
- Level: First
Bedroom
- Description: office / gym / craft room
- Level: First
Family room
- Description: left side - could be dining
- Level: First
Family room
- Description: right side
- Level: First
Other
- Description: 4 full baths
- Level: First
Other
- Level: Second
Kitchen
- Description: left side
- Level: First
Kitchen
- Description: right side
- Level: First
Other
- Description: great room - middle section
- Level: First
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, Range
- Laundry: Main Level, Laundry Room
Features
- Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Game Room, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Mud Room, Open Floorplan, Pantry, Split Bedrooms, Utility Room, Walk-In Closet(s)
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,792
- Total interior livable area: 4,792 sqft
- Finished area above ground: 4,792
- Finished area below ground: 0
Property
Parking
- Parking features: Detached, Garage
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Patio
- Exterior features: Patio
- Has view: Yes
- View description: Scenic
Lot
- Size: 3.5 Acres
Details
- Additional structures: Barn(s)
- Additional parcels included: 2212200008.00800805
- Parcel number: 0059825112
- Zoning: Agri/ Residential
- Zoning description: Agri/ Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Resale
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & HOA
Community
- Subdivision: King Farm Tr 12
HOA
- Has HOA: No
Location
- Region: Palmyra
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $333,500
- Annual tax amount: $3,778
- Date on market: 5/15/2026
- Cumulative days on market: 28 days
- Listing terms: Cash,Conventional
- Road surface type: Paved, Gravel
Estimated market value
$425,200
$404,000 - $446,000
$3,895/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $440,000+464.8%$92/sqft |
Source: | ||
| 7/27/2012 | Sold | $77,900-2.5%$16/sqft |
Source: | ||
| 7/5/2012 | Price change | $79,900-11.1%$17/sqft |
Source: Don Lincoln Realty, LLC #201201262 Report a problem | ||
| 6/15/2012 | Price change | $89,900-10%$19/sqft |
Source: Don Lincoln Realty, LLC #201201262 Report a problem | ||
| 5/22/2012 | Price change | $99,900-4.8%$21/sqft |
Source: Homepath #201201262 Report a problem | ||
| 4/28/2012 | Price change | $104,900-8.7%$22/sqft |
Source: Homepath #201201262 Report a problem | ||
| 3/29/2012 | Price change | $114,900-7.3%$24/sqft |
Source: Homepath #201201262 Report a problem | ||
| 2/23/2012 | Price change | $123,900-44.3%$26/sqft |
Source: Don Lincoln Realty, LLC #201201262 Report a problem | ||
| 2/15/2012 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 1/11/2012 | Sold | $222,483$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,063 -1.9% | $333,500 +6.7% |
| 2023 | $3,124 +9.8% | $312,700 +2.9% |
| 2022 | $2,844 +2% | $303,900 +10.4% |
| 2021 | $2,790 +9.7% | $275,300 +2% |
| 2020 | $2,543 +20.2% | $269,800 +9.9% |
| 2019 | $2,116 -24.3% | $245,500 +16.9% |
| 2018 | $2,795 +79.4% | $210,000 -7.8% |
| 2017 | $1,558 +7.8% | $227,800 +8.5% |
| 2016 | $1,445 -4% | $210,000 +0.4% |
| 2014 | $1,505 -53.9% | $209,200 +6.7% |
| 2013 | $3,265 -9.2% | $196,000 -0.9% |
| 2012 | $3,594 +265.7% | $197,800 +41.3% |
| 2011 | $983 -10.5% | $140,000 |
| 2010 | $1,098 +1.5% | $140,000 -8.9% |
| 2009 | $1,083 +3.8% | $153,700 -0.6% |
| 2007 | $1,043 -29.3% | $154,700 -3.9% |
| 2006 | $1,475 | $161,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Martinsburg
Nearby schools
GreatSchools rating
- 9/10East Washington Elementary SchoolGrades: PK-4Distance: 5.1 mi
- 6/10East Washington Middle SchoolGrades: 5-8Distance: 5.3 mi
- 6/10Eastern High SchoolGrades: 9-12Distance: 5.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Washington County
- New Pekin
- 47164
- Martinsburg
- 4230 E Martinsburg Fire Road




