3985 Chapel Ln
Martinsville, IN 46151
3 bd 1 ba 1,245 sqft Built 1969 Lot 42,253 sqft single_family
Most recent sale
$112,812
Aug 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 23, 2022 | Sold | $112,812 | Public Record |
| Aug 19, 2022 | Sold | $95,000 | MIBOR |
| Jun 10, 2022 | Listed | $99,900 | MLS #21862652 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $72,800 | $63,700 | $136,500 | $458 |
| 2024 | $72,800 | $63,700 | $136,500 | $534 |
| 2023 | $70,600 | $42,000 | $112,600 | $362 |
| 2011 | $22,100 | $19,300 | $41,400 | $48 |
| 2010 | $23,600 | $19,300 | $42,900 | $64 |
| 2009 | $23,600 | $19,300 | $42,900 | $62 |
| 2008 | $25,800 | $19,300 | $45,100 | $90 |
Property facts
Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,245 sqft
Lot size
42,253 sqft
ZIP code
46151
City
Martinsville
Street
Chapel Ln
Coordinates
39.48309, -86.47430
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$677
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3985 Chapel Ln last sell?
3985 Chapel Ln most recently sold on Aug 23, 2022 for $112,812.
What is the current tax assessment for 3985 Chapel Ln?
The most recent total assessment for 3985 Chapel Ln (year 2025) is $136,500 with $458 in property tax.
How does 3985 Chapel Ln's assessment compare to its last sale price?
The current assessment is 21.0% above the last sale price of $112,812.
When was 3985 Chapel Ln built?
3985 Chapel Ln was built in 1969.
How does 3985 Chapel Ln compare to others on Chapel Ln?
We track 3 other properties on Chapel Ln. Browse the list under "Other properties on Chapel Ln" to compare beds, baths, and sale history.
What are the property facts for 3985 Chapel Ln?
3985 Chapel Ln is a 3 bed, 1 bath, 1,245 sqft, 42,253 sqft lot single_family.
Is 3985 Chapel Ln a flip candidate?
No — 3985 Chapel Ln does not appear in our flips dataset.
Is 3985 Chapel Ln a tax-appeal candidate?
Yes — 3985 Chapel Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.2%
Implied 1-yr
-8.8%
2026 Q3
$261.5K
2026 Q4
$261.5K
ZIP 46151 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chapel Ln