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(SOLD) $435,500

1031 S Old Morgantown Lane Martinsville, IN  46151

  • 3 Beds
  • 3 Baths
  • 2,997 sq. Ft

Property Description for 1031 S Old Morgantown Lane Martinsville, IN 46151

Welcome to this charming 3 bed 3 bath log home with a 2 car attached garage and 40x30 pole barn, situated on 5 acres! The open layout incorporates the living room, kitchen, and dining room, fostering a seamless flow for both everyday living and entertaining. The basement provides incredible potential, offering for a spacious family room that walks out to the lower deck, office/craft room, a versatile space that make a perfect game room, plus a 13X6 storage closet. Additional features include an attached storage room off of the basement and a storage shed. Bask in the tranquility of the private park-like surroundings, easily enjoyed from the wrap-around deck. Don't hesitate to seize this opportunity to make this exceptional property your own!
QuickBuy option for home selling

Address:1031 S Old Morgantown Lane Martinsville IN 46151
Status:Sold
Sold On: 6/10/2024
Price:$430,000
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:2,997
Year Built:1995
Lot Size:5.00
County: Morgan
Township: Jackson
MLS #:21977942
Property Type:Single Family Residence

Lot Dimensions:217800
Lot Features:Mature Trees
Water Source:Private Well
Directions:Once on Old Morgantown Ln follow to the T turn R home is the last one on the L
Main Level Sq. Ft. :1,296
Upper Level Sq. Ft. :405
Total Sq. Ft. :2,997
Basement:Yes

Loan Price
$2,612
Price And Interest $2,272/month
Property Tax $159/month
MTG INS $0/month
HOME INS $181/month
Price
$435,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$159/month
Home Owner Insurance
$2,172 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 16x14 Main
Dining Room 16x14 Main
Kitchen 14x14 Main
Laundry 10x14 Basement
Primary Bedroom 16x14 Main
Bedroom 2 13x12 Main
Bedroom 3 16x14 Upper
Sun Room 14x12 Main
Family Room 23x13 Basement
Play Room 28x14 Basement
Office 13x12 Basement

Semi-Annual Property Tax:$953
Tax Year:2023
Mandatory HOA Fee:$

Area: 5511 - Morgan - Jackson
City:Martinsville
Subdivision: No Subdivision
Zip Code:46151

Total Sq. Ft.:2,997
Interior Features:Breakfast Bar, Built In Book Shelves, Pantry, Walk-in Closet(s), WoodWorkStain/Painted
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Rented
Exterior Features:Barn Pole, Out Building With Utilities
Exterior Type:Log
Cool:Central Electric
Heat:Electric, Forced Air, Heat Pump, Wood Stove
Water Heater:Dishwasher, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Rented
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Angela Abraham with The Modglin Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/07/2024 12:00 AM. 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.





Martinsville Market Report

169
Avg. DOM
$159.55
Avg. $ / Sq.Ft.
$ 335,675
Med. List Price

The house prices in Martinsville are indeed dropping at the moment. There has been a decrease in price of $4,226.84. 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.

The housing market and house prices in Martinsville are going Down. The average house price is $344,000.00 and the average price per square feet is $159.25 per square feet. At the moment, the amount of homes listed is exactly 401 houses, with 92 with active status, 40 with pending status and 269 sold in Martinsville .

The most popular place to buy a home in Martinsville is 5512 - Morgan - Washington. 5512 - Morgan - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Martinsville .

The average amount of property taxes you would have to pay for a home in Martinsville is $1,781.65. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Martinsville are staying listed for an average of 76 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Martinsville was 4331 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in Martinsville is $1,980,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Martinsville is $90,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Martinsville in year 1859 and the newest built house is in year 2025.

The average size of properties in Martinsville is 2790.98 sq.ft. , the biggest one being 10191 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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