NOT LISTED FOR SALE

419-421 Duo Dr Martinsville, IN 46151

Estimated Value: $169,000 - $206,000

4 Beds
2 Baths
1,508 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $116,000 $77 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,123/month

4 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2020

Investment opportunity! This all brick duplex in the heart of Martinsville is the perfect location. Each side has 2 larger bedrooms and 1 full bath with shower/tub combo. Spacious living room on each side has tons of natural lighting. Each unit has its own laundry hook ups in the kitchen. Back yard is huge and each unit has its own mini barn and back deck. Must see!

Last Agent to Sell the Property

Lindsey Smalling

FC Tucker-Mooresville Listed on: 07/24/2020

FC Tucker-Mooresville

Last Buyer's Agent

Lindsey Smalling

FC Tucker-Mooresville Listed on: 07/24/2020

FC Tucker-Mooresville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1977

Lot Details

  • 0.26

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • 0.26 Acre Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, deposit value
  • The owner pays for building insurance, sewer, trash collection, water
  • Assessor Parcel Number 55-13-09-120-013.000-021

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,560

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1977
  • Age: 43
  • Style: Attached
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 13 BOLINS SUBDIVISION 3RD SEC.
  • Parcel Number ID: 55-13-09-120-013.000-021
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Ready, Porch Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 103.11
  • Monthly Gross Income: 1050
  • Special Features: None

Interior Features

  • Total Sq Ft: 1508
  • Total Finished Sq Ft: 1508
  • Above Grade Finished Sq Ft: 1508
  • Price Per Sq Ft: 76.92
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: MSD of Martinsville
  • Elementary School: South
  • Middle School: Bell Academy/John R Wooden
  • High School: Martinsville

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 000
  • Estimated Lot Sq Ft: 11154
  • Estimated Lot Size Acres: 0.26

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Deposit Value

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 2, 2020
Sold by
Bj And T Real Estate Llc
Bought by
Foerster Craig and Foerster Emma
Seller's Agent
Lindsey Smalling
FC Tucker-Mooresville
Buyer's Agent
Lindsey Smalling
FC Tucker-Mooresville
List Price
$112,500
Sold Price
$116,000
Premium/Discount to List
$3,500
3.11%
Current Estimated Value
$182,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,281
Avg. Annual Appreciation
8.86%
Original Mortgage
$110,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2008
Sold by
Gore Bobbie J
Bought by
B J And T Real Estate Llc
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
Foerster Craig -- Lenders Escrow & Title Svcs
B J And T Real Estate Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foerster Craig $114,000
Closed Foerster Craig $110,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $116,000 +3.1% $77 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $112,500 -- $75 / Sq Ft
Source: Indiana Regional MLS

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 $1,565 $143,700 $39,800 $103,900
2023 $1,186 $116,800 $24,400 $92,400
2022 $1,099 $118,300 $24,400 $93,900
2021 $869 $92,800 $21,800 $71,000
2020 $504 $90,200 $21,800 $68,400
2019 $1,558 $83,500 $21,800 $61,700
2018 $1,477 $79,300 $21,800 $57,500
2017 $1,540 $81,400 $21,800 $59,600
2016 $1,552 $81,400 $21,800 $59,600
2014 $1,125 $73,500 $14,600 $58,900
2013 $1,125 $75,300 $14,600 $60,700
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Smalling

    Seller's Agent in 2020

    Lindsey Smalling

    FC Tucker-Mooresville

    (317) 435-5914

    1,191 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202028757

Indiana Regional MLS

APN: 55-13-09-120-013.000-021

Indiana Morgan County Martinsville 46151

419-421 Duo Dr, Martinsville, IN

This home is located at 419-421 Duo Dr, Martinsville, IN 46151 since 24 July 2020 and is currently estimated at $182,281, approximately $120 per square foot. This property was built in 1977. 419-421 Duo Dr is a home located in Morgan County with nearby schools including Martinsville High School and Tabernacle Christian School.

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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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