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240 3rd St

Martinsville, IN 46151

3 bd 2 ba 1,512 sqft Built 1952 Lot 7,919 sqft single_family
Most recent sale
$160,655
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $160,655 Public Record
May 25, 2022 Sold $162,000 MIBOR
Apr 24, 2022 Listed $159,900 MLS #21851046
May 13, 2016 Listing removed $82,500 MIBOR
May 10, 2016 Sold $106,040 Public Record
Apr 6, 2016 Listed $82,500 MLS #21408577
Apr 1, 2016 Listing removed $85,000 MIBOR
Oct 13, 2015 Listed $85,000 MLS #21381585

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $101,100 $19,700 $120,800 $694
2024 $101,100 $19,700 $120,800 $806
2023 $93,900 $19,700 $113,600 $722
2022 $83,900 $19,700 $103,600 $602
2021 $72,100 $13,800 $85,900 $412
2020 $69,400 $13,800 $83,200 $377
2019 $63,900 $13,800 $77,700 $332
2018 $51,800 $13,800 $65,600 $256
2017 $46,900 $13,800 $60,700 $237
2016 $46,900 $13,800 $60,700 $292
2015 $46,900 $13,800 $60,700 $998
2014 $44,500 $13,800 $58,300 $892
2013 $44,500 $13,800 $58,300 $1,217
2012 $45,800 $13,800 $59,600 $764
2011 $54,900 $13,800 $68,700 $941
2010 $51,200 $13,800 $65,000 $794
2009 $51,900 $13,800 $65,700 $975
2008 $51,900 $13,800 $65,700 $91

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
7,919 sqft
ZIP code
46151
City
Martinsville
Street
3rd St
Coordinates
39.42919, -86.41226

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$964
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 240 3rd St last sell?
240 3rd St most recently sold on May 27, 2022 for $160,655.
What is the current tax assessment for 240 3rd St?
The most recent total assessment for 240 3rd St (year 2025) is $120,800 with $694 in property tax.
How does 240 3rd St's assessment compare to its last sale price?
The current assessment is 24.8% below the last sale price of $160,655.
When was 240 3rd St built?
240 3rd St was built in 1952.
How does 240 3rd St compare to others on 3rd St?
We track 6 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 240 3rd St?
240 3rd St is a 3 bed, 2 bath, 1,512 sqft, 7,919 sqft lot single_family.
Is 240 3rd St a flip candidate?
No — 240 3rd St does not appear in our flips dataset.
Is 240 3rd St a tax-appeal candidate?
No — 240 3rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.2%
Implied 1-yr
-8.8%
2026 Q3
$261.5K
2026 Q4
$261.5K
ZIP 46151 — Median Price History + Forecast

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