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Rural ResidenceResidential
$546,688$258 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

4230 RAILROAD RD

MARTINSVILLE, IN 46151
3
Beds
1
Baths
2,118 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
40 ac
Lot SizeThe size of the land the home sits on, from county records.
1933
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$547K
$481K low$612K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,446 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$208,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$125,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$82,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$215,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$208,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.31
92
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
21
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
42
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.71 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountyMORGAN
Lot (acres)The size of the land the home sits on, from county records.40.00
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 80 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Indian Creek Elementary School
Elementary · Grades PK–2 · 10.6 mi
M
Indian Creek Middle SchoolB+
Middle · Grades 6–8 · 10.7 mi
H
Indian Creek Sr High SchoolB-
High · Grades 9–12 · 10.7 mi

District: Nineveh-Hensley-Jackson United School Corporation

Neighborhood · ZIP 46151These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.107
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.114
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.49

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.33,498
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.161 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$81,935
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,879
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.43 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

4230 Railroad Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 92% of homes in Morgan County
  • Costs more per square foot than 91% of homes in Morgan County
  • Bigger than 73% of homes in Martinsville 46151
  • Among the largest lots in Martinsville 46151
  • Older than 89% of homes in Morgan County

What homes are worth in Martinsville 46151

Each bar is how many homes fall in that price range. The marker is this home.

This home
$104K$795K

This home is worth more than 90% of homes in Martinsville 46151.

How it measures up in Martinsville 46151

The dot is this home. The mark in the middle is the typical home in Martinsville 46151.

Estimated value$546,688
CheaperTypical $292,154Pricier

Pricier than 90% of homes nearby

Price per ft²$258
CheaperTypical $180Pricier

Pricier than 88% of homes nearby

Living area2,118 ft²
SmallerTypical 1,626 ft²Bigger

Bigger than 73% of homes nearby

Lot size40 ac
SmallerTypical 0.74 acBigger

Bigger than almost all homes nearby

Year built1933
OlderTypical 1978Newer

Newer than 13% of homes nearby

How 4230 Railroad Rd ranks against every home in each area.
MeasureThis homeMartinsville 46151Morgan County
Estimated valuepricier than$546,68890% of homes92% of homes
Price per ft²pricier than$25888% of homes91% of homes
Living areabigger than2,118 ft²73% of homes73% of homes
Lot sizebigger than40 acalmost all homesalmost all homes
Year builtnewer than193313% of homes11% of homes

About 4230 Railroad Rd

How much is 4230 Railroad Rd, Martinsville, IN worth?

The TopHap Estimate for 4230 Railroad Rd, Martinsville, IN is $546,688 as of Aug 30, 2026. The likely range is $481,270 to $612,106. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4230 Railroad Rd, Martinsville, IN last sell?

4230 Railroad Rd, Martinsville, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 4230 Railroad Rd, Martinsville, IN?

4230 Railroad Rd, Martinsville, IN has 3 bedrooms, 1 bathrooms, 2,118 square feet of living space and a 40.00-acre lot.

When was 4230 Railroad Rd, Martinsville, IN built?

4230 Railroad Rd, Martinsville, IN was built in 1933, making it 93 years old. The building has 1 story.

What schools serve 4230 Railroad Rd, Martinsville, IN?

4230 Railroad Rd, Martinsville, IN is assigned to Indian Creek Elementary School (elementary); Indian Creek Middle School (middle), rated B+; Indian Creek Sr High School (high), rated B-. All sit in Nineveh-Hensley-Jackson United School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4230 Railroad Rd, Martinsville, IN compare to other homes in Martinsville 46151?

Among the 12,898 homes in Martinsville 46151, it is worth more than 90% of them ($546,688 against a typical $292,154), its price per square foot is higher than 88% of them ($258 against a typical $180), it is bigger than 73% of them (2,118 ft² against a typical 1,626 ft²), its lot is bigger than almost all of them (40 ac against a typical 0.74 ac) and it is newer than 13% of them (1933 against a typical 1978). Measured against all of Morgan County, it is worth more than 92% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 4230 Railroad Rd, Martinsville, IN?

The 2025 property tax bill for 4230 Railroad Rd, Martinsville, IN was $2,446. The county assessed it at $208,100.

More homes on Railroad Rd

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