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$1,980,000   Price Analysis
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565 E William and Mary Dr
Martinsville, IN 46151
6 bed 7 bath 9,366 SqFt ($211/SqFt)
42.91 acre lot. Built 2000
Listed 2024-03-01
May be USDA loan restricted due to income limits
near Martinsville

Tucked away in the serene

Wooded hills of southern Indiana, a majestic private 43-acre estate awaits, offering an oasis of tranquility and grandeur. This splendid property, currently serving as a retreat house, boasts expansive spaces designed for luxury living and entertainment. The estate features five enchanting fireplaces and numerous porches that blend seamlessly with the natural surroundings, including a vast screened-in porch adjacent to the family room and kitchen, another in the primary bedroom and one leading out from the walk-out basement. The main level presents three distinct living areas, each inviting with its unique charm. Ascend to the upper level to discover an inviting primary suit, complete with a cozy sitting area, a warm fireplace and ample opportunity to expand the closet space further.

Additionally, two more ensuite bedr ooms on this level offer privacy and comfort. The lower level reveals a walk-out design with a bar/kitchenette, living room, two additional bedrooms and a large laundry area, ensuring convenience and functionality. High ceilings, reaching 10 feet on both the first and second floors, amplify the sense of spaciousness and luxury. The outdoor area is nothing short of a dream, featuring a vast pond teeming with carp, bluegill and bass. With 5 miles of trails crisscrossing the property, outdoor adventures are steps away. Relaxation and leisure are catered to with a hot tub, fire pit and a horse barn with two stalls and a loft, making this estate a haven for nature lovers and equestrians alike. The property is equipped with three geothermal units, ensuring eco-friendly living and comfort throughout the seasons. Its location offers convenient access to I-69 and I-67, placing you within easy reach of urban amenities while providing a secluded and peaceful living experience. This estate represents a unique opportunity to own a piece of paradise, blending opulent living with the beauty of southern Indiana's landscape.


Presented by Carrie Holle at
Compass of Indiana, LLC.
Listing Agent Photo

Property MLS #21965648 from MIBOR

Bedrooms: 6
Bedrooms On Basement Level: 3
Bedrooms On Upper Level: 3
Primary Bedroom Dimensions: 27 x 24
Bedroom 2 Dimensions: 23 x 13
Bedroom 3 Dimensions: 18 x 13
Bedroom 4 Dimensions: 13 x 20
Bedroom 5 Dimensions: 17 x 13
Bedroom 6 Dimensions: 11 x 15
Primary Bedroom Level: Upper
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Basement
Bedroom 5 Level: Basement
Bedroom 6 Level: Basement
Primary Bedroom Description: Fireplace, Porch, Sitting Room

Total Rooms: 17
Kitchen: 16 x 12 x Basement
Family Room: 20 x 28 x Basement
Office: 16 x 14 x Basement
Dining Room: 18 x 14 x Main
Basement Features: Finished, Walk Out
Extra Room-3 Dimensions: 12 x 15
Family Room Dimensions: 20 x 21
Great Room Dimensions: 26 x 20
Office/Study Room Dimensions: 14 x 12
Extra Room-3 Level: Basement
Family Room Level: Main
Great Room Level: Main
Office/Study Room Level: Main

Total Bathrooms: 7
Full Bathrooms: 6
1/2 Bathrooms: 1
Full Bathrooms On Main Level: 1
Half Bathrooms On Main Level: 1
Full Bathrooms On Basement Level: 2
Full Bathrooms On Upper Level: 3

Breakfast Bar
Entrance Foyer
Hardwood Floors
Pantry
Walk-in Closet(s)
Windows Wood
WoodWorkStain/Painted

Gas Cooktop
Dishwasher
Dryer
Disposal
Humidifier
Microwave
Double Oven
Convection Oven
Gas Oven
Range Hood
Refrigerator
Free-Standing Freezer
Tankless Water Heater
Trash Compactor
Washer
Water Heater
Water Purifier
Water Softener Owned
Laundry Features: Laundry Room

Cooling Features: Geothermal
Fireplace Features: Gas Starter, Great Room, Living Room
Heating Features: Geothermal
Heating Fuel: Propane Owned
Number of Fireplaces: 5

Breakfast Room Dimensions: 17 x 9
Breakfast Room Level: Main
Dining Area Description: Breakfast Room, Formal Dining Room
Dining Room Dimensions: 22 x 20
Dining Room Level: Main
Kitchen Dimensions: 19 x 20
Kitchen Level: Main

Barn Storage
Water Feature Fountain
Patio And Porch Features: Deck Main Level, Screened

Spa: Yes

Lot Description: Mature Trees, Wooded
Lot Size Acres: 42.91
Lot Size Square Feet: 1869159

Garage Spaces: 4
Parking Features: Attached

High School: Martinsville High School
High School District: MSD Martinsville Schools

Martinsville High School is a public high school located approximately 3.7 miles away.
directions icon Map directions

Centerton Elementary School is a public elementary school located approximately 3.1 miles away.
directions icon Map directions

John R. Wooden Middle School is a public middle school located approximately 3.7 miles away.
directions icon Map directions

Tabernacle Christian Schools is a private elementary, middle and high school located approximately 4.7 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Morgan
Directions: From downtown Martinsville, head North on N Main St. that continues onto Blue Bluff Rd for approx 3 miles, Right on William Mary Dr.
Tax Year: 2023
Source Property Type: Residential
Area: 5512 - Morgan - Washington
Source Neighborhood: 5512 - Morgan - Washington
Parcel Number: 550915300004000020
Postal Code Plus 4: 5822
Township: Washington
Property Subtype: Single Family Residence
Source System Name: C2C

Price Changed 2024-05-31
$1,980,000
MIBOR
Listed 2024-03-01
$2,295,000
MIBOR
Listing removed 2023-12-28
$2,295,000
MIBOR
Listing removed 2023-12-27
$2,295,000
MIBOR
Relisted 2023-08-17
$2,295,000
MIBOR
Listing removed 2023-08-16
$2,295,000
MIBOR
Price Changed 2023-08-15
$2,295,000
MIBOR
Price Changed 2023-04-26
$2,480,000
MIBOR
Relisted 2023-02-23
$2,500,000
MIBOR
Listing removed 2023-02-21
$2,500,000
MIBOR
Listed 2022-08-22
$2,500,000
MIBOR
Listing removed 2022-08-20
$2,500,000
IRMLS
Listing removed 2022-08-03
$2,500,000
IRMLS
Listing removed 2022-07-29
$2,500,000
IRMLS
Listed 2022-04-20
$2,500,000
IRMLS

Total Square Feet Living: 9366
Year Built: 2000
BelowGradeFinishedArea: 3778
Construction Materials: Brick
Foundation Details: Poured Concrete
Levels: Two
Property Age: 24
Total Area Main: 3778
Total Area Upper: 1810
Architectural Style: TraditonalAmerican

Water Source: Private Well

Other Equipment: Smoke Alarm
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.