Welcome to this 3 bedroom, 4 full bath Cape Cod situated on 1 acre. This home comes complete with a 2 car attached garage, and a 2 car detached garage with an unfinished apartment space above it. The 2 bedrooms upstairs are configured as "in-law" quarters, with separate exterior entrances. Many updates throughout, this unique home is just waiting for your finishing touches.
Sold
$340,000
502 S Old Morgantown Ln, Martinsville, IN 46151
4beds
3,416sqft
Residential, Single Family Residence
Built in 1998
1 Acres Lot
$364,400 Zestimate®
$100/sqft
$4,053 Estimated rent
Home value
$364,400
$302,000 - $441,000
$4,053/mo
Zestimate® history
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$2,018/mo
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List your homeWhat's special
Separate exterior entrances
Zillow last checked:
Listing updated:
Listed by:
Andrew Tanner 317-287-4920,
Hemrick Property Group Inc.
Bought with:
Mark Branch
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22011739
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 3
- Features: Carpet
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 4
- Features: Carpet
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12x12
Bonus room
- Features: Carpet
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bonus room
- Features: Carpet
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12x12
Dining room
- Features: Carpet
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Family room
- Features: Carpet
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Great room
- Features: Carpet
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Kitchen
- Features: Vinyl
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Living room
- Features: Carpet
- Level: Upper
- Area: 234 Square Feet
- Dimensions: 18x13
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Dryer, Microwave, Electric Oven, Propane Water Heater, Refrigerator, Washer, Water Heater, Water Softener Owned
Features
- Vaulted Ceiling(s), Ceiling Fan(s), High Speed Internet, In-Law Floorplan, Pantry, Smart Thermostat, Walk-In Closet(s)
- Windows: Screens Some, Windows Vinyl
- Has basement: No
Interior area
- Total structure area: 3,416
- Total interior livable area: 3,416 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Detached, Concrete, Workshop in Garage
- Attached garage spaces: 4
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered, Deck
- Exterior features: Balcony
Lot
- Size: 1 Acres
- Features: Corner Lot, Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
Details
- Additional structures: Barn Storage
- Parcel number: 551404300002001012
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Residential, Single Family Residence
Materials
- Cedar
- Foundation: Block
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Martinsville
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $362,000
- Annual tax amount: $3,202
- Date on market: 11/20/2024
- Cumulative days on market: 51 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | $340,000-2.8%$100/sqft |
Source:  MIBOR as distributed by MLS GRID #22011739 Report a problem | ||
| 1/10/2025 | Pending sale | $349,900$102/sqft |
Source: MIBOR as distributed by MLS GRID #22011739 Report a problem | ||
| 12/10/2024 | Price change | $349,900-3.5%$102/sqft |
Source: MIBOR as distributed by MLS GRID #22011739 Report a problem | ||
| 12/3/2024 | Price change | $362,500-3.3%$106/sqft |
Source: MIBOR as distributed by MLS GRID #22011739 Report a problem | ||
| 11/20/2024 | Listed for sale | $375,000+87.5%$110/sqft |
Source: MIBOR as distributed by MLS GRID #22011739 Report a problem | ||
| 7/27/2012 | Listing removed | $200,000$59/sqft |
Source: RE/MAX Legends Group #21172997 Report a problem | ||
| 4/25/2012 | Listed for sale | $200,000-20%$59/sqft |
Source: RE/MAX Legends Group #21172997 Report a problem | ||
| 7/21/2011 | Listing removed | $249,933$73/sqft |
Source: Visual Tour #21060559 Report a problem | ||
| 6/18/2011 | Price change | $249,933+25%$73/sqft |
Source: Visual Tour #21060559 Report a problem | ||
| 4/7/2011 | Price change | $199,933-11.1%$59/sqft |
Source: Carpenter Realtors #21060559 Report a problem | ||
| 3/3/2011 | Price change | $224,933-6.6%$66/sqft |
Source: Carpenter Realtors #21060559 Report a problem | ||
| 2/17/2011 | Price change | $240,933-3.6%$71/sqft |
Source: Carpenter Realtors #21060559 Report a problem | ||
| 12/4/2010 | Price change | $249,933+13.6%$73/sqft |
Source: Carpenter Realtors #21060559 Report a problem | ||
| 9/17/2010 | Listed for sale | $219,933-6.4%$64/sqft |
Source: Carpenter Realtors #21060559 Report a problem | ||
| 8/3/2010 | Listing removed | $234,933$69/sqft |
Source: Carpenter Realtors #21004654 Report a problem | ||
| 1/30/2010 | Listed for sale | $234,933+149.9%$69/sqft |
Source: Carpenter Realtors #21004654 Report a problem | ||
| 10/22/2008 | Sold | $94,000-48.3%$28/sqft |
Source: MIBOR as distributed by MLS GRID #2822075 Report a problem | ||
| 4/25/2008 | Sold | $181,900$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,332 +21.8% | $362,000 +0.7% |
| 2024 | $1,915 -3.5% | $359,400 +3% |
| 2023 | $1,985 +44.8% | $349,100 +5.9% |
| 2022 | $1,371 +17.1% | $329,500 +32% |
| 2021 | $1,170 +2.3% | $249,600 +5.6% |
| 2020 | $1,144 -49.9% | $236,400 +2.8% |
| 2019 | $2,285 +105.2% | $230,000 +3.5% |
| 2018 | $1,114 -55.9% | $222,200 -1.5% |
| 2017 | $2,524 +180.3% | $225,600 +12.2% |
| 2016 | $901 +9.1% | $201,100 -2.5% |
| 2014 | $826 +4.4% | $206,300 -1% |
| 2013 | $791 -16.3% | $208,400 +158.9% |
| 2012 | $945 +138.5% | $80,500 -58.7% |
| 2011 | $396 -72.2% | $195,100 -22.5% |
| 2010 | $1,423 -13.6% | $251,900 -6.8% |
| 2009 | $1,647 -47.7% | $270,400 -3.7% |
| 2006 | $3,148 | $280,900 |
| 2005 | -- | $280,900 |
Find assessor info on the county website
Neighborhood: 46151
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Nearby schools
GreatSchools rating
- NAIndian Creek Elementary SchoolGrades: PK-2Distance: 8.8 mi
- 7/10Indian Creek Middle SchoolGrades: 6-8Distance: 8.9 mi
- 6/10Indian Creek Sr High SchoolGrades: 9-12Distance: 8.8 mi
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Estimated market value
$364,400
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Estimated market value
$364,400
- Indiana
- Morgan County
- Martinsville
- 46151
- 502 S Old Morgantown Ln
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