1340 Inverness Farms Rd
Martinsville, IN 46151
3 bd 3 ba 3,370 sqft Built 1997 Lot 453,939 sqft single_family
Most recent sale
$499,937
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $499,937 | Public Record |
| Apr 22, 2022 | Sold | $421,000 | MIBOR |
| Mar 9, 2022 | Listed | $410,000 | MLS #21841699 |
| Oct 23, 2017 | Sold | $250,405 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $339,600 | $107,500 | $447,100 | $2,167 |
| 2024 | $339,600 | $107,500 | $447,100 | $2,354 |
| 2023 | $320,500 | $96,000 | $416,500 | $2,130 |
| 2022 | $305,900 | $96,000 | $401,900 | $1,928 |
| 2021 | $261,700 | $96,000 | $357,700 | $1,794 |
| 2020 | $252,400 | $90,900 | $343,300 | $1,649 |
| 2019 | $223,700 | $90,900 | $314,600 | $1,640 |
| 2018 | $207,700 | $90,900 | $298,600 | $1,696 |
| 2017 | $205,100 | $90,900 | $296,000 | $1,056 |
| 2016 | $209,100 | $63,300 | $272,400 | $1,029 |
| 2015 | $211,700 | $66,900 | $278,600 | $867 |
| 2014 | $212,800 | $66,900 | $279,700 | $894 |
| 2013 | $215,400 | $66,900 | $282,300 | $1,303 |
| 2012 | $212,300 | $48,700 | $261,000 | $707 |
| 2011 | $225,600 | $48,700 | $274,300 | $787 |
| 2010 | $274,300 | $48,700 | $323,000 | $1,138 |
| 2009 | $274,300 | $48,700 | $323,000 | $915 |
| 2008 | $209,900 | $48,700 | $258,600 | $933 |
Property facts
Year built
1997
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
3,370 sqft
Lot size
453,939 sqft
ZIP code
46151
City
Martinsville
Street
Inverness Farms Rd
Coordinates
39.41580, -86.50080
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,055
Gross rental yield
12.13%
Implied cap rate
7.89%
Trend-extrapolated value
—
Frequently asked questions
When did 1340 Inverness Farms Rd last sell?
1340 Inverness Farms Rd most recently sold on May 2, 2022 for $499,937.
What is the current tax assessment for 1340 Inverness Farms Rd?
The most recent total assessment for 1340 Inverness Farms Rd (year 2025) is $447,100 with $2,167 in property tax.
How does 1340 Inverness Farms Rd's assessment compare to its last sale price?
The current assessment is 10.6% below the last sale price of $499,937.
When was 1340 Inverness Farms Rd built?
1340 Inverness Farms Rd was built in 1997.
How does 1340 Inverness Farms Rd compare to others on Inverness Farms Rd?
We track 8 other properties on Inverness Farms Rd. Browse the list under "Other properties on Inverness Farms Rd" to compare beds, baths, and sale history.
What are the property facts for 1340 Inverness Farms Rd?
1340 Inverness Farms Rd is a 3 bed, 3 bath, 3,370 sqft, 453,939 sqft lot single_family.
Is 1340 Inverness Farms Rd a flip candidate?
No — 1340 Inverness Farms Rd does not appear in our flips dataset.
Is 1340 Inverness Farms Rd a tax-appeal candidate?
No — 1340 Inverness Farms Rd is not currently flagged as a tax-appeal candidate.
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 Inverness Farms Rd