5540 N Zander Trail, Martinsville, IN, 46151

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$6,190,000
9 Days On Site

5540 N Zander Trail
Martinsville, IN 46151

For Sale|Single Family Residence|Active
4
Beds
5
Total Baths
3
Full Baths
2
Partial Baths
4,704
SqFt
$1,316
/SqFt
2023
Built
Subdivision:
No Subdivision
County:
Morgan
Listing courtesy of Mossy Oak Properties (765) 720-2166
Call Now: 812-662-4018
Is this the listing for you? We can help make it yours.
812-662-4018
5540 N Zander Trail5540 N Zander Trail5540 N Zander Trail5540 N Zander Trail
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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.

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Listing Snapshot
Price 
$6,190,000
Days On Site 
9 Days
Bedrooms 
4
Inside Area (SqFt) 
4,704 sqft
Total Baths 
5
Full Baths 
3
Partial Baths 
2
Lot Size 
231.7 Acres
Year Built 
2023
MLS Number 
22131252
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
6 days agoStatus changed to Active
6 days agoListing updated with changes from the MLS
a week agoListing first seen on site
General Features
Acres 
231.7
Garage 
Yes
Garage Spaces 
4
Levels 
Two
Parking 
Garage Door OpenerAttachedDetached
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Security 
24 Hour SecurityBuilding SecurityCarbon Monoxide Detector(s)Closed Circuit Camera(s)Fire AlarmGated CommunitySecured Garage/ParkingSecurity GateSecurity SystemSecurity System OwnedSmoke Detector(s)
Sewer 
Septic Tank
SqFt Total 
4704
Style 
Contemporary
Utilities 
Electricity ConnectedNatural Gas ConnectedWater ConnectedPropane
Water Source 
Public
Interior Features
Appliances 
Gas CooktopDishwasherDryerENERGY STAR Qualified Water HeaterElectric Water HeaterENERGY STAR Qualified AppliancesGas Water HeaterExhaust FanMicrowaveGas OvenRefrigeratorWasher
Cooling 
Central Air
Electric 
200+ Amp Service
Fireplace 
Yes
Fireplace Features 
Blower FanGas StarterGreat Room
Fireplaces 
1
Flooring 
Hardwood
Heating 
PropaneElectricHot WaterRadiant CeilingRadiant Floor
Interior 
Breakfast BarCathedral Ceiling(s)Kitchen IslandEntrance FoyerEat-in KitchenWired for DataPantrySmart ThermostatWalk-In Closet(s)
Laundry Features 
In UnitLaundry ClosetLaundry RoomMain Level
Main Level Bedrooms 
2
Window Features 
ScreensStorm Window(s)
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Exterior Features
Construction Details 
Other
Exterior 
StorageOutdoor KitchenRV Hookup
Fencing 
Chain LinkPartialPrivacyGateSecurity
Lot Features 
Wooded
Other Structures 
Barn(s)Outbuilding
Patio And Porch 
CoveredPatio
Pool Features 
HeatedIn GroundPool CoverSalt Water
Private Pool 
Yes
Windows/Doors 
ScreensStorm Window(s)
Community Features
Accessibility Features 
Accessible Approach with RampAccessible EntranceAccessible Full Bath
MLS Area 
5507 - Morgan - Gregg
School District 
Monroe-Gregg School District
Township 
Gregg
Horse Property 
ArenaBarnBoarding FacilitiesCorral(s)Hay StoragePastureRiding TrailStable(s)Tack RoomTrailer StorageWash Rack
Schools
School District
Monroe-Gregg School District
Elementary School
Monrovia Elementary School
Middle School
Monrovia Middle School
High School
Monrovia High School
Listing courtesy of Mossy Oak Properties (765) 720-2166



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-10-22 12:44 AM UTC. All data is obtained from various sources and may not have been verified by broker or 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.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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