NOT LISTED FOR SALE

2895 Old State Road 37 N Martinsville, IN 46151

Estimated Value: $180,000 - $360,000

2 Beds
1 Bath
1,870 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $130,000 $70 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,316/month

1 Day on Market

Highlights

  • Covered Patio or Porch
  • Combination Kitchen and Dining Room
  • High Speed Internet
  • Eat-In Kitchen

About This Home

As of November 2020

Future possibilities lie in this traditional 1950's bungalow while offering 2 bedrooms, bonus room, eat-in kitchen, a full basement, 2 car attached garage, 2 car detached garage and more. The property contains 3.58 acres with NO covenants or restrictions. Hardwood flooring throughout. Some updates include a raised-seam metal roof, windows, toilet, paint, 220 for dryer. Home is to be sold AS-IS but doesn't appear to have any major issues. Location provides easy access to hwy, hospital, shopping and short commutes to Indy or Bloomington. There previously was a manufactured home on the property and may be able to have one again for family or extra income. Bonus room can be used as 3rd bedroom. Covered porch would be perfect for a swing.

Last Agent to Sell the Property

Sharon Tirey

Keller Williams Indy Metro S License #RB14047655 Listed on: 10/13/2020

Keller Williams Indy Metro S

Last Buyer's Agent

Molly Reynolds

Crossroads Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • 1953

Lot Details

  • 3.58

Parking

  • 4

Interior Spaces

  • Combination Kitchen and Dining Room
  • Laundry in Basement
  • Eat-In Kitchen

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Gas
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

1953

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Architectural Style: Ranch
  • Directions: From Indy, follow SR 37 south to Myra Lane, TR (Old SR 37 N) to home on the right. Feel free to use yard to turn around as backing out on road can be hazardous.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1953

Interior Features

  • Appliances: Gas Oven, Refrigerator, Washer
  • Has Basement: Unfinished, Daylight/Lookout Windows
  • Areas Interior: Laundry in Basement
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 935
  • Main Level Sq Ft: 935
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 935
  • Pct Optional Level Finished: 0-25%
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Hardwood Floors, Windows Thermal, Wood Work Stained
  • Other Equipment: Sump Pump

Exterior Features

  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch
  • Construction Type: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Attached,Detached,Multiple Garages
  • Garage Parking Other: Service Door
  • Garage Spaces: 4

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Acres: 3-5 Acres
  • Lot Information: Irregular,Not In Subdivision,Tree Mature
  • Lot Number: 0
  • Lot Size: 155,945

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 300
  • Tax Exemption: None
  • Tax Annual Amount: 600
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 13, 2020
Sold by
Fleener Sharron
Bought by
Spears Steven W and Bonagura Angela R
Seller's Agent
Sharon Tirey
Keller Williams Indy Metro S
Buyer's Agent
Molly Reynolds
Crossroads Real Estate Group LLC
List Price
$124,000
Sold Price
$130,000
Premium/Discount to List
$6,000
4.84%
Current Estimated Value
$240,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,179
Avg. Annual Appreciation
13.17%
Original Mortgage
$117,000
Outstanding Balance
$104,113
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$136,066
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Spears Steven W -- Title Alliance Of Indy Metro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spears Steven W $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $130,000 +4.8% $70 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $124,000 -- $66 / 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 $637 $131,000 $71,900 $59,100
2023 $677 $133,800 $71,900 $61,900
2022 $610 $130,600 $70,600 $60,000
2021 $390 $88,100 $36,600 $51,500
2020 $359 $70,100 $36,600 $33,500
2019 $599 $66,000 $36,600 $29,400
2018 $553 $62,500 $36,600 $25,900
2017 $549 $62,300 $36,600 $25,700
2016 $1,029 $112,200 $63,100 $49,100
2014 $883 $119,800 $63,100 $56,700
2013 $883 $124,800 $63,100 $61,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21745560

MIBOR Broker Listing Cooperative®

APN: 55-09-24-130-003.000-020