3 months on rocket

1636 Franklin St, Martinsville, IN, 46151

$175,000

Home List Price

$2,078*

Closing Credit

0 Baths
Multi

Location

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1636 Franklin St, Martinsville$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1950
CoolingCentral Air
MLS #21999390
Lot Size0.16 Acres
StatusActive

About 1636 Franklin St

!!Attention investors!! Here is the perfect opportunity to own a nice double in this little town! Centerton Indiana is awesome and the cash flow is "Chef's kiss" estimated at 18,000 annual income. Tenant pays gas and electric, each side metered separately, and no water or sewer bill because the home is on a well and has a septic system (newer well pump and seal). Unit facing the south has been recently remolded. There are 2 addresses, the other unit is 6115 Water St. boasting a new shower stall. Exterior landscaping is fresh and new. Taxes are low. Elementary school and playground right down the street. Combined rent is $1650 per month. That's all we know right now!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1950

Listing Office:

  • Office Name: Carpenter, REALTORS®
  • Office Email: cadams@callcarpenter.com
  • Listing Agent: Beth Adams

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Mooresville go south on 67 then East toward Centerton (look for the Marathon gas Station). Turn North to home on the corner of Water and Franklin.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000

Tax Information:

  • Annual Amount: $468
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Martinsville, IN.

Med. Sold Price

$270K

Med. Price/SqFt

$154

Avg. Days On Market

52

# of Sold Homes

25

1636 Franklin St vs Martinsville

106 DAYS ON ROCKET

+54 Days

$175,000

-$95K Less

KEY TAKEAWAY

This property is $95K less than the Median Sold Price in Martinsville, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21999390

Listing Office:

  • Office Name: Carpenter, REALTORS®
  • Office Email: cadams@callcarpenter.com
  • Listing Agent: Beth Adams

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$468$69,400
2019$421$55,500
2017$414$51,200

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4257589
7
/10
  • Centerton Elementary School

  • 6075 High St

  • 0.18 miles

  • Public District Grades KG-4

school-card-donut-4257590
7
/10
  • Brooklyn STEM Academy

  • 251 N Church St

  • 2.41 miles

  • Public District Grades PK-4

school-card-donut-4257591
7
/10
  • Green Township Elementary School

  • 6275 Maple Grove Rd

  • 5.68 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,723. Most Martinsville, IN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMorgan CountyMartinsville461511636 Franklin St

This home is located at 1636 Franklin St in Martinsville, IN and zip code 46151. This home, which was built in 1950, sits on a 0.16 acre lot. It has been listed on Rocket Homes since September 02, 2024 and is currently priced at $175,000.

Martinsville, IN housing market in November 2024 saw over 7 listings sold above listed price, more than 7 sold at listed price and over 11 sold below. The number of listings in Martinsville, IN decreased by 11.1% between October 2024 and November 2024. Listings spent 52 days on the market in November 2024, and had a median list price of $270,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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