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$379,000   Price Analysis
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839 S Cherry St
Martinsville, IN 46151
Unknown bed None bath 800 SqFt ($473/SqFt)
9,583SqFt lot. Built 1958
Listed 2024-05-18, Taxes $2,706
USDA Eligible
near Martinsville, IN
 

Brick 5 plex features 3 1BR/1BA units and 2 2BR/1BA units.

Fully occupied by lo ng-term tennts. Newer roof, vinyl flooring and economical baseboard heat.

Paved parking on the corner location.


Presented by JULIE JENNINGS at
Jennings Real Estate, Llc.
Listing Agent Photo

Property MLS #21980215 from MIBOR

Lot Size Acres: 0.22
Lot Size Square Feet: 9583

Association: No
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Deposit Fee: 1

Elementary School: Poston Road Elementary School
High School: Martinsville High School
High School District: MSD Martinsville Schools
Middle School: John R. Wooden Middle School

Martinsville High School is a public high school located approximately 1.1 miles away.
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John R. Wooden Middle School is a public middle school located approximately 0.3 miles away.
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Poston Road Elementary School is a public elementary school located approximately 0.5 miles away.
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Tabernacle Christian Schools is a private elementary, middle and high school located approximately 0.9 miles away.
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Gross Income: 3150

Number of Units: 5
Unit Type: 1 Bedroom, 2 Bedroom
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 5
Unit-1 Square Feet: 350
Unit-2 Square Feet: 450
Unit 1 Total Actual Rent: 500
Unit 2 Total Actual Rent: 600

Source Listing Status: Active
County: Morgan
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Area: 5512 - Morgan - Washington
Source Neighborhood: Frank Hacker
Owner Pays: Electricity
Parcel Number: 551304327004000021
Subdivision: Frank Hacker
Township: Washington
Property Subtype: Fourplex
Lot Number: 27 & 1/2 Lot 28
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$128,900 + $24,400
$153,300
$2,706
2021$119,300 + $24,400
$143,700
$2,647
2020$119,300 + $24,400
$143,700
$2,569
2019$119,300 + $24,400
$143,700
$2,691
2018$138,200 + $24,400
$162,600
$3,038
2017$136,300 + $24,400
$160,700
$3,050
2016$136,300 + $24,400
$160,700
$3,073
2015$46,800 + $24,400
$71,200
$1,171
2014$46,300 + $24,400
$70,700
$1,081
2013$48,100 + $24,400
$72,500
$1,513
2012$46,800 + $24,400
$71,200
$913
2011$76,100 + $24,400
$100,500
$1,376
2010$73,900 + $24,400
$98,300
$1,259
2009$79,700 + $24,400
$104,100
$1,545
2008$112,500 + $24,400
$136,900
$1,781

Listed 2024-05-18
$379,000
MIBOR

Year Built: 1958
Levels: One
Property Age: 66
Property Attached: Yes
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.