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$525,000 ↓$25,000on 5/14/2024

359 N Jefferson Street Martinsville, IN  46151

  • 4 Beds
  • 4 Baths
  • 3,800 sq. Ft

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Property Description for 359 N Jefferson Street Martinsville, IN 46151

On Martinsville's historic Jefferson street is a rare opportunity to own this charming 100 year old home which has been thoughtfully and thoroughly transformed into the 21st century! Being walking distance to downtown is unique these days, and this bold one is only 2 blocks to the new amphitheater and a short walk to restaurants, shops, and government offices. Sunlight pours into this open floor plan thru new windows showing off its 10' ceilings down and 9' up. Every room has plenty of space to spread out. Kitchen is well equipped with lots of cabinets and center island topped with granite countertops, new stainless steel appliances, and pantry. Seating available at the island and space for a kitchen table. Original restored built-in cabinet provides additional drawers and display area for your decor. Laundry, access to basement, and door to attached garage are off breakfast room. Most of main floor is covered with natural color easy care laminate; upstairs is waterproof LVP. Front bay window and 2 arched transom windows add character to the home. Main floor office provides functional space for those who work at home and many other uses. Sliding door from dining room opens to huge screened porch to enjoy the warmer months. Main floor master has access to a private deck for relaxing any time of the day. The tiled master bath boasts double sinks, dressing table, 6' shower, linen closet, and walk-in closet. Stairway leads to 3 large bedrooms, 2 full baths, and an open space which could have many uses including watching TV, studying, or playing games. Outside, the house has been outfitted with a grand front porch entry with sparkling beveled glass windows in the front door and sidelights, new 'SmartLap' siding, an eye-catching custom color pallet, new sidewalks, alley access to the new oversized 2-car attached garage, and a backyard for activities. Street paving soon. This is truly a special place! We welcome you to come experience all this beautiful home has to offer!
QuickBuy option for home selling

Address:359 N Jefferson Street Martinsville IN 46151
Status:Active
on site: 217 days
Price:$525,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:3,800
Year Built:1900
Lot Size:0.21
County: Morgan
Township: Washington
MLS #:21970618
Property Type:Single Family Residence

Lot Dimensions:9148
Lot Features:City Lot, Curbs, Not In Subdivision, Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:GPS Friendly. During construction, enter alley from Sycamore St north of Harrison as Jefferson St will be blocked off.
Main Level Sq. Ft. :2,000
Upper Level Sq. Ft. :1,200
Total Sq. Ft. :3,800
Basement:Yes

Loan Price
$3,187
Price And Interest $2,739/month
Property Tax $229/month
MTG INS $0/month
HOME INS $219/month
Price
$525,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$229/month
Home Owner Insurance
$2,628 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
05/14/24 $550,000 $525,000 -4.55%

RoomSizeLevel
Primary Bedroom 15x13.5 Main
Dining Room 15x19 Main
Kitchen 17x14 Main
Laundry 7.5x4.5 Main
Living Room 15x22 Main
Bedroom 2 15x11.5 Upper
Bedroom 3 20x12 Upper
Bedroom 4 15x12 Upper
Bonus Room 21x7 Upper
Office 10x9.5 Main
Breakfast Room 13x11.5 Main
Play Room 12x16 Basement
Sun Room 22.5x10.5 Main

Semi-Annual Property Tax:$1,374
Tax Year:2023
Other Disclosures:Broker Owned, Defects/None Noted
Mandatory HOA Fee:$

Area: 5512 - Morgan - Washington
Subdivision: No Subdivision
Zip Code:46151

High School:Martinsville High School
Middle School:John R. Wooden Middle School

Total Sq. Ft.:3,800
Interior Features:Center Island, Paddle Fan, Hi-Speed Internet Availbl, Pantry, Walk-in Closet(s), Window Bay Bow, Windows Thermal, Windows Vinyl, Wood Work Painted
Interior Area(s):Laundry in Unit
Eating Area(s):Breakfast Room, Dining Combo/Living Room
Appliances:Dishwasher, Gas Water Heater, Laundry Connection in Unit, MicroHood, Gas Oven, Refrigerator
Exterior Features:Lighting
Exterior Type:Wood Siding
Fireplace(s):Dining Room, Non Functional
Cool:Heat Pump
Heat:Electric, Forced Air, Heat Pump
Water Heater:Dishwasher, Gas Water Heater, Laundry Connection in Unit, MicroHood, Gas Oven, Refrigerator
Total Rooms:13
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Rebecca Cline with Northbridge Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/27/2024 12:00 AM. 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.





Martinsville Market Report

188
Avg. DOM
$163.9
Avg. $ / Sq.Ft.
$ 336,450
Med. List Price

The house prices in Martinsville are indeed dropping at the moment. There has been a decrease in price of $4,226.84. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Martinsville are going Down. The average house price is $344,000.00 and the average price per square feet is $159.25 per square feet. At the moment, the amount of homes listed is exactly 401 houses, with 92 with active status, 40 with pending status and 269 sold in Martinsville .

The most popular place to buy a home in Martinsville is 5512 - Morgan - Washington. 5512 - Morgan - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Martinsville .

The average amount of property taxes you would have to pay for a home in Martinsville is $1,781.65. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Martinsville are staying listed for an average of 76 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Martinsville was 1417 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in Martinsville is $1,980,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Martinsville is $90,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Martinsville in year 1859 and the newest built house is in year 2025.

The average size of properties in Martinsville is 2790.98 sq.ft. , the biggest one being 10191 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.