NOT LISTED FOR SALE

2763 Morgan Trail Martinsville, IN 46151

Estimated Value: $384,000 - $413,000

3 Beds
2 Baths
2,250 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $311,000 $138 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,241/month

14 Days on Market

About This Home

As of September 2021

One-story living makes the most in this attention-getting custom brick ranch on a beautiful 1-acre lot located in quiet Morgan Trails. Beyond the charming covered porch, the entry showcases a beautiful tray ceiling, vaulted great room with floor-to-ceiling masonry fireplace, a formal style dining area, breakfast bar and light-filled kitchen. Located for privacy, the master suite includes a massive walk-in closet, twin vanities, oval whirlpool tub, walk-in shower and lots of room. The family bedrooms and bath are larger than most and each have walk-in closets as well. Found at the rear of the home is a comfortable window-lined all season sunroom overlooking a great open patio area privately surrounded by beautiful gardens and lawn.

Last Agent to Sell the Property

Sharon Tirey

Keller Williams Indy Metro S License #RB14047655 Listed on: 08/04/2021

Keller Williams Indy Metro S

Last Buyer's Agent

Courtney Stanton

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • 1999

Lot Details

  • 1

HOA Fees

  • $15 per month

Parking

  • Attached Garage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Property managed by Elite Management
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

1999

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: 1
  • Architectural Style: Ranch
  • Directions: From Indy follow SR37 S to SR252, TL to Morgan Trails Subdivision, TL to T, TL to home on the right. Plenty of parking in huge driveway with turn-around.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: MORGAN TRAILS
  • Special Features: None
  • Year Built: 1999

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Washer, MicroHood
  • Fireplace Features: Gas Log, Great Room, Masonry
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Formal Dining Room,Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2250
  • Main Level Sq Ft: 2250
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bedroom, Split,Closet Walk in,Shower Stall Full,Sinks Double,Tub Whirlpool
  • Kitchen Features: Breakfast Bar,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Accessibility Features: Grab Bars at toilet
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Windows Thermal, Wood Work Stained
  • Other Equipment: CO Detectors, Smoke Detector, Programmable Thermostat, Water Purifier, Water-Softener Owned

Exterior Features

  • Exterior Features: Barn Mini, Driveway Concrete
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Heated,Keyless Entry,Service Door
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electronic Air Filter, Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas
  • Sewer: Septic Tank
  • Water Source: Community Water

Condo/Co-op/Association

  • Management Company Name: Elite Management
  • Management Company Phone: 855-238-8488
  • H O A Disclosures: Covenants & Restrictions
  • Association Fee: 175
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Entrance Common, Snow Removal

Lot Info

  • Acres: 1-3 Acres
  • Lot Information: Irregular,Rural In Subdivision,Tree Mature
  • Lot Number: 35
  • Lot Size: 170x257

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 502
  • Tax Exemption: HomesteadTaxExemption
  • Tax Annual Amount: 1004
  • Tax Year: 2020

MLS Schools

  • School District: Martinsville MSD
  • Schools: Bell Intermediate Academy,John R. Wooden Middle,Martinsville High,South Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 20, 2021
Sold by
Faulkbnberg David E and Estate Of Vance E Faulkenberg
Bought by
Burchfield Richard and Burchfield Jennifer
Seller's Agent
Sharon Tirey
Keller Williams Indy Metro S
Buyer's Agent
Courtney Stanton
Keller Williams Indy Metro S
List Price
$329,900
Sold Price
$311,000
Premium/Discount to List
-$18,900
-5.73%
Current Estimated Value
$396,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,507
Avg. Annual Appreciation
6.06%
Original Mortgage
$283,818
Outstanding Balance
$258,253
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$138,254

Purchase Details

Closed on
Oct 1, 2013
Sold by
Adams Robert and Adams Dorothy
Bought by
Faulkenberg Vance
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burchfield Richard -- None Available
Faulkenberg Vance -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burchfield Richard $283,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $311,000 -5.7% $138 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $329,900 -- $147 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,696 $321,100 $52,200 $268,900
2023 $1,592 $321,100 $52,200 $268,900
2022 $1,369 $291,200 $52,200 $239,000
2021 $1,088 $246,000 $37,900 $208,100
2020 $1,003 $238,300 $37,900 $200,400
2019 $1,020 $227,000 $37,900 $189,100
2018 $998 $228,800 $37,900 $190,900
2017 $847 $201,800 $37,900 $163,900
2016 $994 $203,900 $37,900 $166,000
2014 $730 $203,200 $37,900 $165,300
2013 $730 $205,100 $37,900 $167,200
Source: Public Records

Agents Affiliated with this Home

  • Sharon Tirey

    Seller's Agent in 2021

    Sharon Tirey

    Keller Williams Indy Metro S

    (317) 750-9157

    121 Total Sales

    Sharon Tirey
    Section Image

  • C

    Buyer's Agent in 2021

    Courtney Stanton

    Keller Williams Indy Metro S

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21803606

MIBOR Broker Listing Cooperative®

APN: 55-13-01-372-012.000-020

Indiana Morgan County Martinsville 46151

2763 Morgan Trail, Martinsville, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the 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. Some IDX listings have been excluded from this website.

Nearby Homes