Sold583d on marketHistoric · 91 yrs
259 N 3rd St
Martinsville, IN, 46151 • 46151 • Morgan County
$199,000
2Beds
2Baths
0.18 acLot
1935Built
Property DNA
Ranch Style
Built 1935 · 91 years of history
Fairiew
46151
Market activity
Demand and pricing signals for this listing
11 views
People checking out this listing
583 days on market
Established listing
About this home
Multi Family · Built 1935 · Historic
Welcome home to this unique property in Martinsville! Two houses on a single lot provide endless possibilities for investors or those looking for a multi-generational living arrangement. The back house, just 3 years old, features a spacious open concept kitchen and living area, perfect for entertaining. This home offers modern comfort and style. Enjoy the convenience of a garage and parking off the alley. The front house boasts many updates, including newer kitchen cabinets and countertops, fresh paint, newer flooring and newer Pella sliding doors with blinds inside. A living room and family room are included, with a foundation for future expansion that has plumbing ready to be hooked into. Explore the potential of this property! Rents are estimated as owner and friend are presently occupying the homes. This is subject to the seller finding suitable housing.
Standout features identified
Our analysis highlights modern comfort and style, fresh paint, and newer flooring as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,305/month
Principal & Interest$1,040
Property Tax$199
Insurance$66
Down payment20% ($39,800)
3%50%
Est. 6.82% rate · 30yr fixed · $159,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1935
HeatingForced Air
Parking1 Covered Parking space
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
StyleRanch
ConditionUpdated/Remodeled
Year built1935
Stories1
Systems
HeatingForced Air
Parking & Outdoor
ParkingAlley Access
Garage1 spaces
Lot7,840 sqft
Location & Tax
Neighborhood46151
Annual tax$1,998
Parcel550934383003000021
Features & details
4 categories of property features
Interior Features
Heating
Forced Air
Laundry
Connections All
Main Level
Exterior Features
Parking
Alley Access
Lot Features
City Lot
Listing insights
Market data and value estimates
StatusSold
Days on market583
Est. value$213,000
Est. rent$1,036/mo
Tax rate0.51%
On marketMay 11, 2024
PostedMay 11, 2024
Last sold$199,000
MLS statusSold
MLS updatedSep 4, 2024
Tour days6
Views11
How are the schools in Martinsville?
3 schools rated nearby
Location
Martinsville, IN, 46151
Price history
12 events
DateEventPrice$/sqftSource
Sep 3, 2024Sold$199,000—MIBOR as distributed by MLS GRID
Jul 24, 2024Pending Sale$235,000—MIBOR as distributed by MLS GRID
Jul 10, 2024Price Change$235,000—MIBOR as distributed by MLS GRID
Jun 21, 2024Price Change$239,900—MIBOR as distributed by MLS GRID
May 29, 2024Price Change$245,000—MIBOR as distributed by MLS GRID
May 14, 2024Price Change$249,900—MIBOR as distributed by MLS GRID
May 11, 2024Listed For Sale$255,000—MIBOR as distributed by MLS GRID
Jul 22, 2010Sold$55,500—MIBOR as distributed by MLS GRID
Jun 27, 2010Price Change$55,500—Sadler Real Estate,inc.
Jun 24, 2010Price Change$53,500—Sadler Real Estate,inc.
Jun 11, 2010Price Change$57,500—Sadler Real Estate,inc.
May 18, 2010Listed For Sale$58,500—Sadler Real Estate, Inc.
Sold$199,000
Sep 3, 2024•MIBOR as distributed by MLS GRID
Pending Sale$235,000
Jul 24, 2024•MIBOR as distributed by MLS GRID
Price Change$235,000
Jul 10, 2024•MIBOR as distributed by MLS GRID
Price Change$239,900
Jun 21, 2024•MIBOR as distributed by MLS GRID
Price Change$245,000
May 29, 2024•MIBOR as distributed by MLS GRID
Price Change$249,900
May 14, 2024•MIBOR as distributed by MLS GRID
Listed For Sale$255,000
May 11, 2024•MIBOR as distributed by MLS GRID
Sold$55,500
Jul 22, 2010•MIBOR as distributed by MLS GRID
Price Change$55,500
Jun 27, 2010•Sadler Real Estate,inc.
Price Change$53,500
Jun 24, 2010•Sadler Real Estate,inc.
Price Change$57,500
Jun 11, 2010•Sadler Real Estate,inc.
Listed For Sale$58,500
May 18, 2010•Sadler Real Estate, Inc.
Tax history
17 years of records
YearTax paidAssessed value
Apr 10, 2024$1,978$228,600
Apr 10, 2023$1,771$230,100
Apr 10, 2022$460$206,300
Apr 10, 2021$412$85,500
Apr 10, 2020$371$82,700
Apr 10, 2019$317$77,300
Apr 10, 2018$254$67,500
Apr 10, 2017$260$52,800
Apr 10, 2016$180$53,800
Apr 10, 2014$140$52,500
Apr 10, 2013$123$52,500
Apr 10, 2012$105$52,200
Apr 10, 2011$140$55,000
Apr 10, 2010$317$98,300
Apr 10, 2009$250$98,300
Apr 10, 2006$395$66,000
Apr 10, 2005—$114,200
Nearby homes
Neighborhood details
Local context around this listing
Martinsville, IN • Morgan County
Nearby neighborhoods
Browns CrossingCentertonEminenceFoxcliff EstatesWaverly
Nearby cities
BethanyBrooklynGosportMartinsvilleMonroviaMooresvilleMorgantownParagon
Nearby zip codes
4612546151
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-10 02:28:09 PDT. 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. [Click here for more information](/mls-disclaimers/#48)
No obligation · Same-day response