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40 Colfax St

Martinsville, IN 46151

2 bd 2 ba 1,178 sqft Built 1900 Lot 3,485 sqft single_family
Most recent sale
$160,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 23, 2025 Listing removed $179,900 MIBOR
Sep 18, 2023 Sold $177,000 MIBOR
Aug 9, 2023 Price changed $179,900 MIBOR
Jul 6, 2023 Listed $184,900 MIBOR
Aug 11, 2022 Sold $160,000 Public Record
Jul 29, 2022 Sold $160,000 MIBOR
Jun 28, 2022 Listed $175,000 MLS #21865014

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $113,000 $17,700 $130,700 $652
2024 $113,000 $17,700 $130,700 $895
2023 $103,200 $17,700 $120,900 $888
2022 $93,200 $10,900 $104,100 $10
2020 $76,800 $7,200 $84,000 $10
2019 $69,100 $7,200 $76,300 $10
2018 $65,100 $7,200 $72,300 $193
2017 $56,700 $7,200 $63,900 $195
2016 $57,000 $5,500 $62,500 $203
2015 $57,200 $5,500 $62,700 $169
2014 $56,200 $5,500 $61,700 $152
2013 $56,300 $5,500 $61,800 $167
2012 $57,500 $5,500 $63,000 $129
2011 $64,400 $5,500 $69,900 $121
2010 $57,500 $5,500 $63,000 $12
2009 $57,500 $5,500 $63,000 $14
2008 $57,500 $5,500 $63,000 $92

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,178 sqft
Lot size
3,485 sqft
ZIP code
46151
City
Martinsville
Street
Colfax St
Coordinates
39.42729, -86.41914

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,767
Gross rental yield
13.25%
Implied cap rate
8.61%
Trend-extrapolated value

Frequently asked questions

When did 40 Colfax St last sell?
40 Colfax St most recently sold on Aug 11, 2022 for $160,000.
What is the current tax assessment for 40 Colfax St?
The most recent total assessment for 40 Colfax St (year 2025) is $130,700 with $652 in property tax.
How does 40 Colfax St's assessment compare to its last sale price?
The current assessment is 18.3% below the last sale price of $160,000.
When was 40 Colfax St built?
40 Colfax St was built in 1900.
How does 40 Colfax St compare to others on Colfax St?
We track 8 other properties on Colfax St. Browse the list under "Other properties on Colfax St" to compare beds, baths, and sale history.
What are the property facts for 40 Colfax St?
40 Colfax St is a 2 bed, 2 bath, 1,178 sqft, 3,485 sqft lot single_family.
Is 40 Colfax St a flip candidate?
No — 40 Colfax St does not appear in our flips dataset.
Is 40 Colfax St a tax-appeal candidate?
No — 40 Colfax 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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