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389 W Poston Road, Martinsville, IN 46151

Here's 389 W Poston Road in Martinsville, IN 46151, listed at $200,000.

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Photo of 389 W Poston Road, Martinsville, INFor Sale — 389 W Poston Road, Martinsville, IN 461511 / 1

Quick read on the numbers:

$200,000$205,000

For Sale185 days on market
Beds

5

Baths

3

Sq ft

2,733

Built

1900

Acres

0.48

Key things to know

  • Basement
  • 4-car garage

From the listing

Welcome to this generously sized 5-bedroom, 2-bathroom home, perfect for families or anyone needing a little extra space. Nestled in a quiet, established neighborhood, this property boasts a decent-sized backyard-ideal for weekend BBQs, gardening, or creating your own outdoor oasis. Inside, you'll find a functional layout with plenty of natural light and room to make it your own. While the home could use some TLC, it offers a fantastic opportunity to add your personal touch and build equity along the way. Whether you're an investor looking for your next project or a buyer ready to turn a house into a home, this one has great bones and endless potential.

A few highlights from the feature list:

Interior

Attic AccessWalk-In Closet(s)Hardwood FloorsWood Work PaintedBreakfast BarEntrance FoyerHi-Speed Internet Availbl

I'll break the details down — open any section that matters.

Rough monthly:

Monthly payment

Estimate · $200,000

$1,273/mo

≈ $1,064 principal & interest · $208 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $40,000 on a loan of $160,000.

Price history

  1. Price reduced$195,000 → $200,000

    May 20, 2026

  2. Listedat $205,000

    Apr 15, 2025

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 9033 W Koger Lane

    $550,000

    9033 W Koger Lane

    4bd · 3ba · 1,921 sqft

    Sold May 2026

  • 810 E Washington Street

    $195,000

    810 E Washington Street

    4bd · 2ba · 2,096 sqft

    Sold May 2026

  • 2432 E Stafford Place

    $475,000

    2432 E Stafford Place

    4bd · 3ba · 2,902 sqft

    Sold May 2026

  • 4290 Voyles Road

    $515,000

    4290 Voyles Road

    5bd · 4ba · 3,484 sqft

    Sold Apr 2026

  • 310 Grassyfork Lane

    $390,000

    310 Grassyfork Lane

    5bd · 3ba · 2,346 sqft

    Sold Apr 2026

Comparative value

5 comps in this range

This home is 58% below median for similar nearby sales.

$195K$550KMedian $475K
$200K

A few places to dig deeper:

MSD Martinsville Schools

MLS# 22032498

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.

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