Room to increase into: 3/2)
Remodeled: 2022
Occupancy: Vacant
Garage: Attached 1-Car
Basement: None (Crawl Only)
Financial Breakdown:
Asking Price: $115,000
Estimated Rehab: $20,000 (In-House / Cosmetic)
ARV (2/1 layout): $188,562
ARV (Converted to 3/2): $220,000
Price/Sqft: $138.00
Est. Rent Range: $1,200 – $1,500/month
Rehab Notes:
Room to add 3rd bedroom to boost ARV
Kitchen floors need replaced
Cosmetic updates throughout: drywall, paint, trim
Flooring is down to old wood (may be refinished)
Mostly cosmetic rehab — no major issues
317-610-9834
For sale by owner
$115,000
560 W Morgan St, Martinsville, IN 46151
2beds
1,357sqft
Est.:
SingleFamily
Built in 1891
8,320 Square Feet Lot
$156,300 Zestimate®
$85/sqft
$-- HOA
Overview
What the owner loves about this home
Mechanical & Structural:
Central AC & Furnace – Present
Updated Electrical & Plumbing (over the years)
Newer Windows
Exterior in Decent Shape
?? Highlights:
Huge upside by converting to 3/2 layout
Updated systems and solid bones
Perfect for a quick cosmetic flip or rental hold
High rent potential in a solid market
317-610-9834
- 5 days
- on Zillow |
- 520 |
- 32 |
Listed by:
(317) 597-0457
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Central
Features
- Basement: None
Interior area
- Total interior livable area: 1,357 sqft
Video & virtual tour
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 8,320 Square Feet
Details
- Parcel number: 550933363009000021
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1891
Community & HOA
Location
- Region: Martinsville
Financial & listing details
- Price per square foot: $85/sqft
- Tax assessed value: $124,800
- Annual tax amount: $2,351
- Date on market: 4/21/2025
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