Off market

Zestimate^®

$508,800

1300 Inverness Farms Rd, Martinsville, IN 46151

3beds

1,986sqft

SingleFamily

Built in 1998

5.5 Acres Lot

$508,800 Zestimate^®

$256/sqft

$2,153 Estimated rent

Home value

$508,800

$483,000 - $534,000

$2,153/mo

Zestimate^® history

Owner options

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$2,153/mo

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$2,153/mo

Rent Zestimate^®

Refinance and save

$3,201/mo

Est. payment

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$3,201/mo

Est. payment

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What's special

Beautiful cedar and Stone home on ACREAGE. Beautiful 5.5 ACRES mostly wooded , just minutes from Martinsville. This homes features newer geothermal heat, hardwood floors, pellet stove for additional heat source. In addition to the 2 car built-in garage is a Pole Barn with 1200 sf for extra storage space or shop. Finished walk-out basement with gas fireplace, half bath, and laundry. Immediate possession. Taxes do not reflect a mortgage exemption.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Stove, Geothermal, Wood / Pellet

Cooling

Geothermal

Appliances

Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator

Features

Flooring: Tile, Hardwood
Basement: Finished
Has fireplace: No

Interior area

Total interior livable area: 1,986 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Attached

Features

Exterior features: Stone, Wood

Lot

Size: 5.5 Acres

Details

Parcel number: 551202300001009014

Construction

Type & style

Home type: SingleFamily

Materials

masonry
Roof: Metal

Condition

Year built: 1998

Community & HOA

HOA

Has HOA: Yes
HOA fee: $25 monthly

Location

Region: Martinsville

Financial & listing details

Price per square foot: $256/sqft
Tax assessed value: $412,400
Annual tax amount: $2,092

Price history

Date	Event	Price
7/12/2023	Sold	$450,000-4.2%$227/sqft
Source: MIBOR as distributed by MLS GRID #21923196 Report a problem
6/12/2023	Pending sale	$469,900$237/sqft
Source: MIBOR as distributed by MLS GRID #21923196 Report a problem
5/25/2023	Listed for sale	$469,900+77.3%$237/sqft
Source: MIBOR as distributed by MLS GRID #21923196 Report a problem
12/22/2016	Sold	$265,000$133/sqft
Source: MIBOR as distributed by MLS GRID #21436355 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,092 +1.7%	$412,400 +3.6%
2024	$2,057 +41.1%	$398,000 -2%
2023	$1,458 +22.5%	$406,000 +12.2%
2022	$1,190 +18%	$361,700 +11%
2021	$1,008 +2.4%	$325,800 +9.8%
2020	$985 +9.2%	$296,700 +7.8%
2019	$902 +8.1%	$275,200 +4.8%
2018	$834 +9.9%	$262,600 +5%
2017	$759 -4.2%	$250,200 +8.6%
2016	$792 -2.8%	$230,300 -1.1%
2014	$815 +1.3%	$232,800 -3%
2013	$804 +8.9%	$239,900 +3.2%
2012	$738 +2.8%	$232,400 +5.7%
2011	$718 +0.4%	$219,800 +6.8%
2010	$716 +9.4%	$205,800 +0%
2009	$654 -52.6%	$205,700
2006	$1,380	$205,700 +5%
2005	--	$195,900