371 West Douglas Street

371 West Douglas Street

Martinsville, IN 46151

$120,000
Price
2
Beds
1
Bath
1,200 Sq. Ft.
$100 / Sq. Ft.
1,200
Sq. Ft.
$100
per Sq. Ft.

Description

Action Required: No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. Fix it up and keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46151 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,349. Property can be sold as a package deal. (See...Action Required: No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. Fix it up and keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46151 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,349. Property can be sold as a package deal. (See remarks below) Listing Broker has a spreadsheet with underwriting analysis on investment property, PDF copy of the underwriting on file. If represented by an outside agency, connect your representative. In order to receive financial information and data analysis buyers must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to distressed conditions. All financial projections and data are based on available information and should be independently verified by the buyer. Once under contract, buyers may conduct physical inspection to verify the condition of property. Property is being sold as-is. Package: 2317 Fletcher Ave ($95k with all 3 lots), 2512 Fletcher Ave ($35k), 1911 Noble St ($35k), 371 W Douglas St ($120k)
  1. Listed by Jordan Ice • Fair Market Value Investment Sales • jordanice@fmvrei.com

Property Details for 371 West Douglas Street

Architectural Style
Other
Subdivision Name
Martinsville
Township
Washington

Location

Listing Courtesy of Fair Market Value Investment Sales
Add your commute
LISTING UPDATED: 03/06/2024 03:27 PM

Property Details for 371 West Douglas Street

StatusActive
MLS #21966961
Days on Market55
Taxes$266 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1970
Lot Size0.20 AC / 8,712 SF
CountyMorgan County

Location

Listing Courtesy of Fair Market Value Investment Sales
Add your commute

Building Information for 371 West Douglas Street

Stories-Year Built1970Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$699 per month

30 year fixed, 7.25% Interest

Principal and Interest

$655

Property Taxes

$44

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 371 West Douglas Street

Summary
Location and General Information
  • City: Martinsville
  • County Or Parish: Morgan
  • Directions: GPS Friendly
  • Postal Code: 46151
  • Postal Code Plus4: 1004
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 550933328001000021
  • Semi Annual Property Tax Amt: 266
  • Tax Year: 2023
  • TaxLot: 021
School Information
  • Middle Or Junior School: John R. Wooden Middle School
  • School District: MSD Martinsville Schools
Parking
  • Garage YN: No
  • Garage SqFt: 0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 8712.0
  • Lot Size Acres: 0.2
  • Main Level SqFt: 1200
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1200.0
  • Sq Ft Total: 1200.0
  • Year Built Numeric: 1970
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: S33 T12 R1e Pt Sw .20 A
  • Photos Count: 5
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
  • Water Source: Other
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Foundation Details: Other
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: None
  • Basement YN: No
  • Cooling: Other
  • Eating Area: Other Eating Area
  • Fireplaces Total: 0
  • Heating: Other
  • Interior Features: Windows Vinyl
  • Levels: One
  • Room List: Primary Bedroom, Bedroom 2
  • Room and Features: Primary Bedroom-Main-Other, Bedroom 2-Main-Other
  • Main Level Bedrooms: 2
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 2
  • Rooms Total MU: 2
  • Total Rooms: 2
Room 1
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Other
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Other
  • Room Type: Bedroom 2
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 371 West Douglas Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 371 West Douglas Street

Taxable ValueLand$10,000Additions$20,200Total$30,200
Tax Record2022$531 ($44 / month)
Home Facts
Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories1Lot Size8,712 SqFtStyleTheatersYear Built1970CountyMORGANAPN55-09-33-328-001.000-021

Schools near 371 West Douglas Street

This home is within M S D Martinsville Schools.
Rating
School
Type
Grades
Distance
Charles L Smith Elementary School
Public - PK to 4
John R. Wooden Middle School
Public - 6 to 8
Martinsville High School
Public - 9 to 12
Bell Intermediate Academy
Public - 5 to 6
Rating
School
Distance
Charles L Smith Elementary School
PublicPK to 4

John R. Wooden Middle School
Public6 to 8

Martinsville High School
Public9 to 12

Bell Intermediate Academy
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 371 West Douglas Street, Martinsville, IN 46151

371 West Douglas Street is a single family home for sale in Martinsville, IN 46151. This property was listed for sale on March 5, 2024 by Fair Market Value Investment Sales, it's currently listed at $120,000. This listing's school district is M S D Martinsville Schools. Nearby schools include Charles L Smith Elementary School, John R. Wooden Middle School and Martinsville High School. 371 West Douglas Street is a 2-bed, 1-bath, 1,200 sqft single family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fair Market Value Investment Sales

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.