NOT LISTED FOR SALE

370 N Cherry St Martinsville, IN 46151

Estimated Value: $125,000 - $161,258

2 Beds
1 Bath
780 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $98,850 $127 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $918/month

11 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room
  • Covered Patio or Porch
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of August 2020

Beautiful 2 bedroom 1 bathroom recently renovated. Interior is very well lit with lots of natural lighting and lighter freshly painted walls. The kitchen is open with lots of counter space and lighter colored cabinets as well. This really great property is within walking distance of downtown, which is very exciting because of recent renovations and additional restaurants/eateries nearby now open! This property could make a great home or a great investment/rental property.

Last Agent to Sell the Property

Paul Lauck

New Start Home Realty, LLC License #RB14040126 Listed on: 06/13/2020

Last Buyer's Agent

Kyle Stout

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 1907

Lot Details

  • 3,267 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 780 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic Access Panel
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • John W Cobbs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 550933375008000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$986

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1907
  • Garage Y N: No
  • Lot Size Acres: 0.075
  • Subdivision Name: JOHN W COBBS
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Beautiful 2 bedroom 1 bathroom recently renovated. Interior is very well lit with lots of natural lighting and lighter freshly painted walls. The kitchen is open with lots of counter space and lighter colored cabinets as well. This really great property is within walking distance of downtown, which is very exciting because of recent renovations and additional restaurants/eateries nearby now open! This property could make a great home or a great investment/rental property.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: MicroHood,Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 780
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Areas Interior: Bath Jack-n-Jill,Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 780
  • Main Level Sq Ft: 780
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 780
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Crawl Space
  • List Price: 105000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air,None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 550933375008000021
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 12
  • Lot Size: 3256

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 986
  • Semi Annual Property Tax Amt: 493
  • Tax Exemption: None

MLS Schools

  • School District: Martinsville MSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Aug 27, 2020
Sold by
Land James
Bought by
Isenberg Caitlyn
Seller's Agent
Paul Lauck
New Start Home Realty, LLC
Buyer's Agent
Kyle Stout
Keller Williams Indy Metro S
List Price
$105,000
Sold Price
$98,850
Premium/Discount to List
-$6,150
-5.86%
Current Estimated Value
$143,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,465
Avg. Annual Appreciation
7.52%
Original Mortgage
$99,848
Outstanding Balance
$88,608
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$54,707

Purchase Details

Listed on
Mar 27, 2020
Closed on
Apr 13, 2020
Sold by
Secretary Of Veterans Affairs
Bought by
Land James
Seller's Agent
Monica Klein
Dollens Real Estate, Inc
Buyer's Agent
Paul Lauck
New Start Home Realty, LLC
List Price
$20,500
Sold Price
$27,500
Premium/Discount to List
$7,000
34.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4207.72%

Purchase Details

Closed on
Feb 4, 2020
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jan 27, 2020
Sold by
Gilbrech Angela and Gilbrech Jarrid
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Jul 29, 2016
Sold by
Martin Robert and Martin Melissa
Bought by
Gilbrech Jimmy Chester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,010
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Listed on
May 19, 2015
Closed on
Jun 11, 2015
Sold by
First Association
Bought by
Martin Melissa
Seller's Agent
Heather Fitzgerald
eXp Realty LLC
Buyer's Agent
Jennifer Wolfe
eXp Realty, LLC
List Price
$16,000
Sold Price
$18,000
Premium/Discount to List
$2,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.22%

Purchase Details

Closed on
Apr 6, 2015
Sold by
Bailey Dwayne D
Bought by
First Merchants Bank Na

Purchase Details

Closed on
Mar 17, 2006
Sold by
Martinelli Phillip J and Martinelli Sandra L
Bought by
Bailey Dwayne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
Smith James T
Bought by
Martinelli Philip and Martinelli Sandra L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Isenberg Caitlyn -- None Available
Land James -- None Available
Secretary Of Veterans Affairs -- None Available
Pennymac Loan Services Llc $52,111 None Available
Gilbrech Jimmy Chester -- Chicago Title Company Llc
Martin Melissa $18,000 --
First Merchants Bank Na $35,000 None Available
Bailey Dwayne D -- Lawyers Title Ins Corp
Martinelli Philip $18,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isenberg Caitlyn $99,848
Previous Owner Gilbrech Jimmy Chester $48,010
Previous Owner Bailey Dwayne D $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $98,850 -5.9% $127 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $105,000 +281.8% $135 / Sq Ft
04/27/2020 04/27/20 Sold $27,500 +34.1% $35 / Sq Ft View Prior Sale
04/06/2020 04/06/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $20,500 +13.9% $26 / Sq Ft
06/11/2015 06/11/15 Sold $18,000 +12.5% $23 / Sq Ft View Prior Sale
05/19/2015 05/19/15 For Sale $16,000 -- $21 / 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 $1,893 $94,400 $10,500 $83,900
2023 $514 $94,400 $10,500 $83,900
2022 $367 $82,100 $10,500 $71,600
2021 $269 $70,600 $8,900 $61,700
2020 $256 $56,000 $8,900 $47,100
2019 $986 $52,300 $8,900 $43,400
2018 $186 $49,500 $8,900 $40,600
2017 $151 $43,600 $8,900 $34,700
2016 $216 $43,600 $8,900 $34,700
2014 $624 $43,100 $8,900 $34,200
2013 -- $43,100 $8,900 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21718752

MIBOR Broker Listing Cooperative®

APN: 55-09-33-375-008.000-021