!!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!
Sold
$160,000
1636 Franklin St, Martinsville, IN 46151
2beds
2baths
--sqft
Multi Family, Duplex
Built in 1950
-- sqft lot
$170,000 Zestimate®
$--/sqft
$987 Estimated rent
Home value
$170,000
$141,000 - $206,000
$987/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Beth Adams 317-281-6009,
Carpenter, REALTORS®
Bought with:
Sheila Short
Indiana Realty Pros, Inc.
Source: MIBOR as distributed by MLS GRID,MLS#: 21999390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Main level bathrooms: 1
Cooling
- Has cooling: Yes
Appliances
- Laundry: No Laundry Facil.
Features
- Has basement: No
Property
Parking
- Details: Unit Parking(On Street, Paved Area)
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 Square Feet
- Features: Corner Lot
Details
- Parcel number: 550535362006000006
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1950
Community & HOA
Community
- Subdivision: Hadley Highlands
Location
- Region: Martinsville
Financial & listing details
- Tax assessed value: $110,700
- Annual tax amount: $898
- Date on market: 12/16/2024
- Cumulative days on market: 68 days
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2025 | Sold | $160,000-8.6% |
Source:  MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 1/15/2025 | Pending sale | $175,000 |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 1/13/2025 | Listed for sale | $175,000 |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 1/10/2025 | Pending sale | $175,000 |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 1/7/2025 | Listed for sale | $175,000 |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 12/18/2024 | Pending sale | $175,000 |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 12/16/2024 | Listed for sale | $175,000 |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 11/16/2024 | Listing removed | $175,000 |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 11/7/2024 | Pending sale | $175,000 |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 9/18/2024 | Price change | $175,000-4.9% |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 9/2/2024 | Listed for sale | $184,000+53.5% |
Source: MIBOR as distributed by MLS GRID #21999390 Report a problem | ||
| 10/16/2020 | Sold | $119,900 |
Source: MIBOR as distributed by MLS GRID #21736611 Report a problem | ||
| 9/8/2020 | Pending sale | $119,900 |
Source: Ebeyer Realty, LLC #21736611 Report a problem | ||
| 9/4/2020 | Listed for sale | $119,900 |
Source: Ebeyer Realty, LLC #21736611 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $965 +7.6% | $110,700 +11.8% |
| 2024 | $898 +12.2% | $99,000 +5.1% |
| 2023 | $800 +37.3% | $94,200 -0.3% |
| 2022 | $583 +8.1% | $94,500 +30.9% |
| 2021 | $539 +15.1% | $72,200 +4% |
| 2020 | $468 +11.3% | $69,400 +25% |
| 2019 | $421 +1.6% | $55,500 +8% |
| 2018 | $414 -10.3% | $51,400 +0.4% |
| 2017 | $462 +41.9% | $51,200 -6.6% |
| 2016 | $326 +1% | $54,800 +13.5% |
| 2014 | $322 +6.6% | $48,300 |
| 2013 | $303 +2.9% | $48,300 -0.8% |
| 2012 | $294 -1% | $48,700 +3.2% |
| 2011 | $297 -10.6% | $47,200 -5.6% |
| 2010 | $332 -3.6% | $50,000 -7.4% |
| 2009 | $345 -56.7% | $54,000 -33.3% |
| 2006 | $795 | $81,000 +141.8% |
| 2005 | -- | $33,500 |
Find assessor info on the county website
Neighborhood: Centerton
Nearby homes
- $--1 bd1 ba800 sqft1636 Franklin St #2, Martinsville, IN 46151Off Market
- $--1 bd1 ba800 sqft1636 Franklin St #1, Martinsville, IN 46151Off Market
- $258,9003 bd3 ba2.3k sqft6145 Water St, Martinsville, IN 46151Off Market
- $190,5002 bd1 ba936 sqft1640 Franklin St, Martinsville, IN 46151Off Market
- $238,1004 bd1 ba1.7k sqft1625 Franklin St, Martinsville, IN 46151Off Market
- $257,2003 bd2 ba1.4k sqft1660 Franklin St, Martinsville, IN 46151Off Market
- $191,8003 bd1 ba1.4k sqft1645 Franklin St, Martinsville, IN 46151Off Market
- $15,300-- bd-- ba-- sqft1601 Market St, Martinsville, IN 46151Off Market
Nearby schools
GreatSchools rating
- 8/10Centerton Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 7/10John R. Wooden Middle SchoolGrades: 6-8Distance: 6.8 mi
- 4/10Martinsville High SchoolGrades: 9-12Distance: 6.7 mi
Schools provided by the listing agent
- Elementary: Centerton Elementary School
- Middle: John R. Wooden Middle School
- High: Martinsville High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$170,000
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Estimated market value
$170,000
- Indiana
- Morgan County
- Martinsville
- 46151
- Centerton
- 1636 Franklin St
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