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$189,000 (Pending)

5809 Old Morgantown Road Martinsville, IN  46151

  • 3 Beds
  • 2 Baths
  • 1,539 sq. Ft

Property Description for 5809 Old Morgantown Road Martinsville, IN 46151

This home offers incredible potential for the right buyer! Featuring an open floor plan, a spacious eat-in kitchen with plenty of cabinets, and a breakfast bar, this property has a solid foundation for creating your dream space. With three, possibly four bedrooms, the primary bedroom is split from the others and boasts a bathroom with double sinks, a garden tub, and a walk-in closet. Outside, the detached garage offers endless possibilities for additional storage, a workshop, or more. While the home is being sold "as is" and needs some love, it comes with flooring materials ready to be installed. This property is a fantastic investment opportunity for those looking to restore a home to its former glory. Don't miss out on this chance to make it your own! (Inside photos of the home are from a previous listing)
QuickBuy option for home selling

Address:5809 Old Morgantown Road Martinsville IN 46151
Status:Pending
on site: 46 days
Price:$189,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,539
Year Built:1950
Lot Size:0.86
County: Morgan
Township: Jackson
MLS #:21991430
Property Type:Single Family Residence

Lot Dimensions:37462
Lot Features:Rural - Not Subdivision
Water Source:Municipal/City
Directions:FROM SR252, GO EAST ON HOSPITAL RD (SR 252). FOLLOW TO OLD MORGANTOWN ROAD. TURN LEFT ONTO OLD MORGANTOWN ROAD. 5809 OLD MORGANTOWN RD IS ON THE RIGHT.
Main Level Sq. Ft. :1,539
Total Sq. Ft. :1,539

Loan Price
$1,170
Price And Interest $986/month
Property Tax $105/month
MTG INS $0/month
HOME INS $79/month
Price
$189,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$105/month
Home Owner Insurance
$948 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 19x12 Main
Kitchen 21x12 Main
Laundry 06x06 Main
Primary Bedroom 14x13 Main
Bedroom 2 13x09 Main
Bedroom 3 13x11 Main
Bonus Room 14x13 Main

Semi-Annual Property Tax:$627
Tax Year:2023
Other Disclosures:Sales Disclosure Supplements
Mandatory HOA Fee:$

Area: 5511 - Morgan - Jackson
Subdivision: East Lake Woods
Zip Code:46151

Total Sq. Ft.:1,539
Interior Features:Raised Ceiling(s), Walk-in Closet(s), Breakfast Bar, Bath Sinks Double Main, Eat-in Kitchen, Pantry
Interior Area(s):Bedroom Other on Main
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Electric Water Heater, Electric Oven, Refrigerator
Equipment:Not Applicable
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Forced Air, Electric
Water Heater:Dishwasher, Electric Water Heater, Electric Oven, Refrigerator
Total Rooms:7
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 Michelle Chandler with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/21/2024 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

164
Avg. DOM
$156.03
Avg. $ / Sq.Ft.
$ 430,000
Med. List Price

The house prices in Martinsville are indeed dropping at the moment. There has been a decrease in price of $72,591.52. 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 $412,450.00 and the average price per square feet is $158.67 per square feet. At the moment, the amount of homes listed is exactly 376 houses, with 88 with active status, 56 with pending status and 232 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 $1,912.93. 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 86 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 2895 minutes ago.

At the moment we have 3 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 $75,000.00 . 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 2950.32 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.