$150,000
$25K PRICE DROP

630-640 N Cherry St Martinsville, IN 46151

Estimated payment $996/month

Total Views 19,015
2 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Freshly renovated investment property! Already rented and managed with a great rate of return! This property is a double with two bedrooms and 1 bath per side. Owner pays water, and renter pays gas and electric.

Listing Agent

Christina McCallister

New Start Home Realty, LLC Brokerage Email: christina@newstarthomerealty.com License #RB24001102 Listed on: 09/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1894

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • John R. Wooden Middle School
  • Bell Intermediate Academy
  • Martinsville High School

Additional Features

  • 2-Story Property
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 55-09-33-335-005.000-021
  • Assessor Parcel Number 550933335005000021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1894
  • Lot Size Acres: 0.14
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 75000
  • MBR_AttributionContact: christina@newstarthomerealty.com
  • Attribution Contact: christina@newstarthomerealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Owner Pays: Water

Exterior Features

  • List Price: 150000
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 120

Schools

  • Middle Or Junior School: John R. Wooden Middle School
  • MBR_IntermediateSchool: Bell Intermediate Academy

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6098.4
  • Parcel Number: 550933335005000021
  • Acres: <1/4 Acre
  • Price Acre: 1071429

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1700
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2000.4
  • Tax Lot: 55-09-33-335-005.000-021
  • Semi Annual Property Tax Amt: 1000.2

MLS Schools

  • High School: Martinsville High School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,238 $111,900 $16,600 $95,300
2023 $2,000 $106,200 $10,900 $95,300
2022 $1,722 $97,900 $10,900 $87,000
2021 $1,242 $67,400 $10,900 $56,500
2020 $1,336 $75,000 $10,900 $64,100
2019 $1,308 $70,100 $10,900 $59,200
2018 $1,396 $65,900 $10,900 $55,000
2017 $1,152 $60,900 $10,900 $50,000
2016 $1,113 $58,400 $8,400 $50,000
2014 $886 $57,900 $8,400 $49,500
2013 $886 $57,900 $8,400 $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $150,000 -14.3% --
09/12/2024 09/12/24 For Sale $175,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22001391

MIBOR Broker Listing Cooperative®

APN: 55-09-33-335-005.000-021