12 days on rocket

540 W Morgan St, Martinsville, IN, 46151

$170,000

Home List Price

$2,019*

Closing Credit

3 Bedrooms
2 Full Baths
2,592 SqFt
$66/SqFt
House
Schools Nearby

Location

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540 W Morgan St, Martinsville$170,000

Buyer Closing Credits

$2,019*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1881
HeatingElectric, Forced Air
CoolingCentral Air
BasementYes
MLS #21975441
Lot Size0.21 Acres
StatusActive

About 540 W Morgan St

Spacious and charming historic home nestled in the heart of downtown Martinsville. Enjoy the covered front porch. This property offers ample room for comfortable living and entertaining with large rooms and versatile living spaces. The main floor features hardwoods, high ceilings, and antique doors. The primary suite in on the main, with ensuite, WIC, and additional built-in storage and closet. 800+ sq ft of attic space is finished; full bath, bedroom, and office/bonus room. 1 car garage, firepit, porch and partical privacy fence in backyard. Property has been a long-term rental and to be sold As-Is.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1881
  • Living Area: 2,592 SqFt

Listing Office:

  • Office Name: Carpenter, REALTORS®
  • Office Email: smilner@callcarpenter.com
  • Listing Agent: Sarah Milner

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Interior: Attic Access, Raised Ceiling(s), Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Screens Some, Walk-in Closet(s), Windows Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Outdoor Fire Pit

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Martinsville High School, Public District Grades 9-12
  • Poston Road Elementary School, Public District Grades KG-5
  • Charles L Smith Elementary School, Public District Grades PK-5
  • South Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From downtown Martinsville (square) head west on Morgan St, property on right - GPS Friendly as well

Price Information

Listing Price Info

Price Summary:

  • List Price: $170,000
  • Price Per SqFt: $66/SqFt

Tax Information:

  • Annual Amount: $1,303
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Martinsville, IN.

Med. Sold Price

$262.5K

Med. Price/SqFt

$138

Avg. Days On Market

74

# of Sold Homes

22

540 W Morgan St vs Martinsville

12 DAYS ON ROCKET

-62 Days

$170,000

-$92.5K Less

$66/SqFt

-$73 Less

KEY TAKEAWAY

This property is $92.5K less than the Median Sold Price and $73/SqFt less than other homes in Martinsville, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21975441

Listing Office:

  • Office Name: Carpenter, REALTORS®
  • Office Email: smilner@callcarpenter.com
  • Listing Agent: Sarah Milner

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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 ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2024, 8:16:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,303$74,500
2019$1,241$69,300
2017$1,123$58,800

History based on county public records data.

Payment Calculator

$916

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-8898648
8
/10
  • Poston Road Elementary School

  • 139 E Poston Rd

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-8898649
5
/10
  • Charles L Smith Elementary School

  • 1359 E Columbus St

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-8898650
4
/10
  • South Elementary School

  • 500 E Mahalasville Rd

  • 1.85 miles

  • Public District Grades KG-5

High School

school-card-donut-8898651
5
/10
  • Martinsville High School

  • 1360 E Gray St

  • 1.42 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,708. Residents of Martinsville, IN typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 540 W Morgan St

What is the listing price of this property?

The listing price of 540 W Morgan St property is $170,000.

What type of property is this?

The property 540 W Morgan St is a house located in Martinsville, Indiana, 46151.

Is this property for sale now?

Active Listing: 540 W Morgan St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 540 W Morgan St are:
Poston Road Elementary School: GreatSchools Rating 8/10
Charles L Smith Elementary School: GreatSchools Rating 5/10
South Elementary School: GreatSchools Rating 4/10
Martinsville High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,303 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 540 W Morgan St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 540 W Morgan St is 2,592 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 W Morgan St is 1881.

Rocket HomesIndianaMorgan CountyMartinsville46151540 W Morgan St

This home is located at 540 W Morgan St in Martinsville, IN and zip code 46151. This 2,592 square foot home, which was built in 1881, sits on a 0.21 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $170,000.

In April 2024 more than 6 listings in Martinsville, IN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 8 were sold below. In April 2024 in Martinsville, IN there were 8.4% more homes for sale than in March 2024. Listings spent 74 days on the market in April 2024, and had a median list price of $262,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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