Frequently Asked Questions

Are house prices dropping in Palmyra?

The house prices in Palmyra are indeed dropping at the moment. There has been a decrease in price of $182,500.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Palmyra at this time?

The housing market and house prices in Palmyra are going down. The average house price is $206,200.00 and the average price per square feet is $119.56 per square foot. At the moment, there are 11 homes listed - 4 active, 2 pending, and 5 sold in Palmyra.

What is the most popular place to buy a house in Palmyra?

The most popular place to buy a home in Palmyra is 13-Indiana. 13-Indiana has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Palmyra?

The average amount of property taxes you would have to pay for a home in Palmyra is $1,375.50. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Palmyra being sold?

Properties in Palmyra stay on the market for an average of 151 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Palmyra?

The last home listed in Palmyra was 5985 minutes ago.

Can you visit houses in Palmyra?

Currently, there are 0 open houses available for viewing in Palmyra.

What is the most expensive house in Palmyra?

The cost of the most expensive home in Palmyra is $615,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Palmyra?

The cost of the cheapest home in Palmyra is $64,500.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Palmyra?

The oldest home in Palmyra was built in 1900, and the newest in 1997.

How big are the homes in Palmyra?

The average property size in Palmyra is 2165 sq.ft., the largest being 4398 sq.ft., and the smallest being 960 sq.ft.

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Interior Features

Ceiling Fans, Entrance Foyer, Eat In Kitchen, Game Room, Kitchen Island, Bath In Primary Bedroom, Main Level Primary, Mud Room, Open Floorplan, Pantry, Split Bedrooms, Utility Room, Walk In Closets

Appliances

Dishwasher, Microwave, Oven, Range

Total Rooms

13 Rooms

Tax and Financial Info

Semi-Annual Property Tax:

$1, 889

Quick View

Address:

4230 E Martinsburg Fire Road Palmyra IN 47164

Status:

Active

On Site:

50 Days On Site

Price:

$429, 000

Bedrooms:

6 Beds

Bathrooms:

6 Full Baths

Sq. Feet:

4, 792

Year Built:

2000

Lot Size:

3.495

County:

Washington

Township:

Jackson

MLS #:

202608304

Property Type:

Residential

Exterior Type

Vinyl Siding

Community Information

City:

Palmyra

Subdivision:

King Farm Tr 12

Zip Code:

47164

Rooms

Type	Dimensions	Level
FullBath	-	Second
FullBath	-	First
Bedroom	-	First
Bedroom	-	First
Bedroom	-	Second
Bedroom	-	Second
PrimaryBedroom	-	First
PrimaryBedroom	-	First
FamilyRoom	-	First
FamilyRoom	-	First
Other	-	First
Kitchen	-	First
Kitchen	-	First

Active

$429,000

Name: Open House
Start: 2026-06-14T18:00:00.000Z
End: 2026-06-14T19:00:00.000Z
Location: 4230 E Martinsburg Fire Road

$11,000 on 06/23/2026

6 Beds

6 Baths

4,792 Sq. Ft.

4230 E Martinsburg Fire Road, Palmyra, IN, 47164

Est. Payments: $0/mo

Residential

Built in 2000

50 days on Site

3.495 Lot Size

Central Air

Heat Pump

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Mandatory appointment. Selling as-is. Open House Tuesday, May 19th 5:30PM - 6:30PM. Audio video - voice and camera. Peaceful natural setting in rural area surrounded by trees. This home could easily be a multi generational home. Large garden area for homesteader / homesteading. Small barn. Originally built as duplex with a garage ...

Source: SIRA as distributed by MLS GRID, MLS ID: 202608304

Listing provided courtesy of Diane Thomas 812-949-0202 with Coldwell Banker McMahan

Last Updated: 6/23/2026 | 12:44 PM

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Mortgage Insurance: 0/mo

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About the Neighborhood

Zip Code 47164 offers a serene environment characterized by very low noise levels and peaceful streets, providing a calm atmosphere. The neighborhood features a predominance of single detached homes, mostly built around 1986, with many offering two to three bedrooms. Parking availability is abundant, making access by car smooth and convenient. The community embodies a slower-paced setting, appealing to those seeking tranquility outside busy urban centers. While the area has some primary schools and supermarkets accessible by vehicle, its true charm lies in the quiet, residential nature and spacious, well-maintained properties, creating an inviting place to settle down.

Learn more about

Palmyra Market Report

Avg. Days on Market

201

Avg. Price Per Sq. Ft.

121.45

Median List Price

$213,750

Homes Listed

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

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