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$220,000

290 W Washington Street Martinsville, IN  46151

  • 5 Beds
  • 2 Baths
  • 1,664 sq. Ft

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Property Description for 290 W Washington Street Martinsville, IN 46151

Are you looking for a great investment property with stable income? Or purchase to live in one unit and rent out the other? Come and see this 2-story duplex apartment located in Downtown Martinsville, IN. The main level, unit 9, has 2 good sized bedrooms, 1 bath, living room, and kitchen. Unit 9 has been cosmetically updated. The upper level, unit 10 has 3 bedrooms, 1 bath, living room, and kitchen. Both units have newer tankless electric hot water heaters. The exterior (roof, siding, and windows) updated in 2016. Large parking lot. Low maintenance. No grass to mow. Walking distance to the town square. Prime location. Both units currently leased with lease agreements good through Aug and Sept 2025. Tenants would like to remain with new owners if possible.
QuickBuy option for home selling

Address:290 W Washington Street Martinsville IN 46151
Status:Active
on site: 58 days
Price:$220,000
Bedrooms:5 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,664
Year Built:1983
Lot Size:0.16
County: Morgan
Township: Washington
MLS #:22007428
Property Type:Single Family Residence

Lot Dimensions:7057
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :832
Upper Level Sq. Ft. :832
Total Sq. Ft. :1,664

Loan Price
$1,471
Price And Interest $1,148/month
Property Tax $231/month
MTG INS $0/month
HOME INS $92/month
Price
$220,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$231/month
Home Owner Insurance
$1,104 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 15x12 Main
Living Room 17x15 Upper
Kitchen 10x11 Main
Kitchen 15x7 Upper
Primary Bedroom 15x11 Main
Bedroom 2 13x11 Main
Bedroom 3 11x11 Upper
Bedroom 4 10x8 Upper
Bedroom 5 11x6 Upper

Semi-Annual Property Tax:$1,386
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

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

Middle School:John R. Wooden Middle School

Total Sq. Ft.:1,664
Interior Features:Vaulted Ceiling(s), Hi-Speed Internet Availbl
Eating Area(s):None
Appliances:Electric Cooktop, Electric Water Heater, Kitchen Exhaust, Oven, Electric Oven, Range Hood, Refrigerator, Tankless Water Heater
Exterior Type:Vinyl Siding
Cool:Wall Unit(s), Window Unit(s)
Heat:Baseboard
Water Heater:Electric Cooktop, Electric Water Heater, Kitchen Exhaust, Oven, Electric Oven, Range Hood, Refrigerator, Tankless Water Heater
Total Rooms:9
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 Lisa Fischer with Fischer Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/16/2024 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

182
Avg. DOM
$157.19
Avg. $ / Sq.Ft.
$ 334,900
Med. List Price

The house prices in Martinsville are not dropping at the moment. There has been a increase in price of $86,320.91. 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 Up. The average house price is $336,450.00 and the average price per square feet is $157.30 per square feet. At the moment, the amount of homes listed is exactly 358 houses, with 91 with active status, 39 with pending status and 228 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 $1,626.85. 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 82 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 3590 minutes ago.

At the moment we have 3 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 1865 and the newest built house is in year 2025.

The average size of properties in Martinsville is 2644.49 sq.ft. , the biggest one being 9366 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.

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