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489 East Walnut Street

Martinsville IN 46151

1
3
10264 sq. ft.
9540 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

1 bedroom
3 bathrooms
10264 sq. ft. floor area
9540 sq. ft. lot size
Single-Family

Property history for 489 East Walnut Street

2020
Sold
$40,000
21 Jul 2020 by Shawn Goolsby, of eXp Realty, LLC (CE - SR08 - Indiana)

Happy sellers in Martinsville

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Local market activity for 1 bedroom single-family properties in Martinsville

In the last 12 months, 8 one-bedroom single-family properties similar to 489 East Walnut Street, have been sold.

This represents a 166% decrease in one-bedroom single-family properties sales when compared to the previous 12 months.

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