10.52 acres of residential land near Martinsville, Morgan County
Observatory Rd, Martinsville, IN · Parcel 550522400017003006
2025 roll, county file September 2025 · before the 2026 roll
At a glance
- BuildZoning not on file
- ValueTax value $73.7k, 2025 roll · no priced sale · deed Mar 2023
- Acres10.52
- Land typeVacancy not verified
- ZoningZoning not matched: this parcel has no map location
- Flood zoneNot checkedThis parcel has no map location
- WetlandsNot checkedThis parcel has no map location
- Tax value (county)$73.7kAssessment, trended yearly; not a market price · 2025 roll
- Last saleNo priced sale · deed Mar 2023One deed for this parcel and 4 other parcels: its total is not this parcel's price
- BuildingNone on the roll
- City or townUnincorporatedMorgan County
Free account: 25 parcel cards a day on the map, with watches and a saved search
Property tax
Indiana DLGF pay-2026 certified rates; DLGF 2025 real property roll, as of Oct 2026
- Tax rate
- 13.502 mills (Clay Township district: Morgan County, Clay Township, M.S.D. Martinsville School Corporation, Morgan County Public Library, pay 2026)
- Estimated annual tax
- ~$1,000Estimate before exemptions (homestead and other deductions, local income tax credits): the $73,700 gross assessed value × 13.502 mills
Pay or check a bill at the Morgan County Treasurer.
Value history
| Year | Land | Improvements | Total | Change |
|---|---|---|---|---|
| 2025 (pay 2026) | $73,700 | Not on the roll | $73,700 | -36.3% |
| 2024 (pay 2025) | $115,700 | Not on the roll | $115,700 | +5685.0% |
Roll values set for property tax · Indiana DLGF parcel roll · as of Sep 2025
What land sells for nearby
Land in Morgan County sold for:
- 10 acres or more: $6.9k–$16.6k an acre (26 sales, Oct 2024–Sep 2026); median $10k
- Lots under 1 acre: $56.7k–$84.8k a lot (10 sales, Oct 2025–Sep 2026); median $77.8k
- 1 to 10 acres: $21.1k–$50.8k an acre (35 sales, Oct 2024–Sep 2026); median $32.5k
The middle half (25th to 75th percentile) and the median of recorded land sales (one parcel each, or one multi-parcel farm sale of bare land counted once). Each size uses its own months (the shortest of 12, 24 or 36 that holds enough sales), so the sizes' counts need not add up to another figure on this page. Source: STATS Indiana sales disclosure forms, valid for trending by the county assessor, vacant land with no improvement on the parcel at the sale; farm acreage (farm class, 10+ acres, no buildings): also the sales the assessor marked not valid for trending when the form gives none of the disqualifying answers (related parties, partial interest, court order, sheriff, quitclaim, trade, land contract and the like), because Indiana assessors do not trend farm sales; a multi-parcel farm sale of bare land counts once, at its price per total acre. Recorded sales, not an estimate of any parcel.
Local jurisdictions
- Civil townshipClay TownshipDLGF taxing districts (IGIO Taxing_Districts_2024) on the 2025 roll's district code · Jul 30, 2024
- School districtM.S.D. Martinsville School CorporationDLGF taxing districts (IGIO Taxing_Districts_2024) on the 2025 roll's district code · Jul 30, 2024
Owner: on the county assessment roll (not shown here) · Request removal
Sources & methodSources, county file September 2025
Property tax
Rates: Indiana DLGF, pay 2026. The estimate is the county's taxable value times those rates, before exemptions; it is not a bill. The county treasurer's bill is the official figure.
Property tax · Due dates
Indiana pay-2026 taxes: second installment due November 10, 2026.
Sources: Indiana Code 6-1.1-22-9 and 6-1.1-15-1.1; the Department of Local Government Finance due dates. Checked Oct 13, 2026.
Tax value
Tax value: the county's yearly assessment (gross assessed value, trended every year), not a market price. County file, September 2025.
Gross assessed value (the county assessor's market value-in-use, trended every year), not a market estimate. Farmland is assessed by the state's base-rate formula, well below what farmland sells for.
Parcel outline
No parcel outline on the statewide map for this parcel; acres are from the county roll
Source
Indiana DLGF parcel roll (Indiana Gateway) and IGIO statewide parcel boundaries, county file Sep 1, 2025.
Record
Public records can be wrong; check before you act.
Parcel: 550522400017003006