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Indiana Home Realty
5540 N Zander Trail, Martinsville, IN 46151
- $6,190,000
- 4
- BD
- 5
- BA
- 4,704
- SqFt
- List Price
- $6,190,000
- MLS#
- 22131252
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 5
- Sqft. of Residence
- 4,704
- Year Built
- 2023
- Days on Market
- 4
- Status
- ACTIVE
Property Description
This report evaluates one of the most thoughtfully developed private estates in Morgan County, Indiana - a 231.70-acre multi-parcel legacy property assembled and improved over many years by the owners with a well designed plan. This is not a standard land transaction. Every structure, utility, road, fence line, and improvement on this property reflects deliberate, long-term vision. The result is a property that genuinely cannot be replicated - not because of hyperbole, but because the combination of 185+ acres of enrolled classified forest, bespoke residential infrastructure, world-class garage and equestrian facilities, buried utilities throughout, gated security, and a secondary residence on a single contiguous holding in this location simply does not come together in this form anywhere else in Morgan County. The property is anchored by a 4,704 SF custom residence with Amish-crafted interiors, two heated garages totaling 6,400 SF including RV accommodation, a heated saltwater pool, and outdoor living facilities - all supported by municipal water, fiber optic internet, 400-amp electrical service, and a 65,000KW Cummins generator. A 1,512 SF secondary residence on its own 3.80-acre parcel with fenced pastures adds significant utility and rental or multi-generational living potential. The equestrian and agricultural infrastructure - a 160'x72' multi-purpose barn with covered arena, five horse stalls, three two-stall stables, and seven freeze-proof automatic waterers - rivals dedicated equestrian facilities found on properties asking considerably more in other Indiana markets. The 185.17 acres of Classified Forest & Wildlands Program enrollment provides meaningful annual tax benefit and signals long-term stewardship intent - a feature that conservation-minded buyers, lifestyle estate buyers, and family compound buyers will specifically seek out and pay a premium for.
Additional Information
- Foundation
- Full, Poured Concrete
- Number of Fireplaces
- 1
- Fireplace Description
- Blower Fan, Gas Starter, Great Room
- Stories
- Two
- Architecture
- Contemporary
- Equipment
- Farm Equipment, Generator, Livestock Equipment, Other, Security System, Security System Owned, Smoke Alarm
- Interior
- Bath Sinks Double Main, Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Entrance Foyer, Hi-Speed Internet Availbl, Eat-in Kitchen, Wired for Data, Pantry, Smart Thermostat, Walk-In Closet(s)
- Exterior Amenities
- Barn Pole, Storage, Carriage/Guest House, Outdoor Kitchen, RV Hookup, Storage Shed, Water Feature Fountain
- Acres
- 231.70
- Heat
- Electric, Hot Water, Radiant Ceiling, Radiant Floor
- Fuel
- Propane Owned
- Cooling
- Central Air
- Financing
- Exchange - 1031, Conventional, VA
- Appliances
- Common Laundry, Gas Cooktop, Dishwasher, Dryer, ENERGY STAR Qualified Water Heater, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Water Heater, Exhaust Fan, Microwave, Gas Oven, Refrigerator, Washer
- Semi-Annual Taxes
- $2,799
- Garage
- Yes
- Garage Parking
- Finished Garage, Floor Drain, Garage Door Opener
- Region
- Gregg
- Areas
- Bedroom Other on Main, Laundry in Unit, Utility Room
- Eating Areas
- Dining Combo/Great Room, Dining Combo/Kitchen
Listing courtesy of Mark Boswell. Mossy Oak Properties
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.