1240 Morgan St
Martinsville, IN 46151
2 bd 1 ba 895 sqft Built 1940 Lot 4,356 sqft single_family
Most recent sale
$200,062
Sep 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 22, 2022 | Sold | $200,062 | Public Record |
| Sep 9, 2022 | Sold | $165,000 | MIBOR |
| Jun 29, 2022 | Listed | $165,000 | MLS #21853860 |
| Jan 13, 2022 | Sold | $70,000 | MIBOR |
| Mar 17, 2016 | Sold | $62,000 | Public Record |
| Jan 21, 2014 | Listing removed | $66,500 | MIBOR |
| Jan 4, 2014 | Price changed | $66,500 | MLS #21239091 |
| Dec 11, 2013 | Price changed | $66,700 | MLS #21239091 |
| Dec 2, 2013 | Price changed | $66,800 | MLS #21239091 |
| Oct 18, 2013 | Price changed | $66,900 | MLS #21239091 |
| Aug 31, 2013 | Price changed | $69,500 | MLS #21239091 |
| Jul 30, 2013 | Price changed | $69,900 | MLS #21239091 |
| Jul 11, 2013 | Price changed | $74,500 | MLS #21239091 |
| Jun 18, 2013 | Listed | $74,900 | MLS #21239091 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $118,100 | $14,300 | $132,400 | $803 |
| 2024 | $118,100 | $14,300 | $132,400 | $936 |
| 2023 | $112,900 | $14,300 | $127,200 | $881 |
| 2022 | $66,000 | $14,300 | $80,300 | $403 |
| 2021 | $57,100 | $6,600 | $63,700 | $1,173 |
| 2020 | $55,000 | $6,600 | $61,600 | $240 |
| 2019 | $50,700 | $6,600 | $57,300 | $232 |
| 2018 | $53,400 | $6,600 | $60,000 | $1,072 |
| 2017 | $45,700 | $6,600 | $52,300 | $943 |
| 2016 | $45,700 | $6,600 | $52,300 | $950 |
| 2015 | $45,700 | $6,600 | $52,300 | $811 |
| 2014 | $45,200 | $6,600 | $51,800 | $747 |
| 2013 | $45,200 | $6,600 | $51,800 | $1,019 |
| 2012 | $44,100 | $6,600 | $50,700 | $88 |
| 2011 | $49,100 | $6,600 | $55,700 | $177 |
| 2010 | $48,600 | $6,600 | $55,200 | $82 |
| 2009 | $48,600 | $6,600 | $55,200 | $99 |
| 2008 | $48,600 | $6,600 | $55,200 | $76 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
895 sqft
Lot size
4,356 sqft
ZIP code
46151
City
Martinsville
Street
Morgan St
Coordinates
39.42809, -86.41376
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,343
Gross rental yield
8.06%
Implied cap rate
5.24%
Trend-extrapolated value
—
Frequently asked questions
When did 1240 Morgan St last sell?
1240 Morgan St most recently sold on Sep 22, 2022 for $200,062.
What is the current tax assessment for 1240 Morgan St?
The most recent total assessment for 1240 Morgan St (year 2025) is $132,400 with $803 in property tax.
How does 1240 Morgan St's assessment compare to its last sale price?
The current assessment is 33.8% below the last sale price of $200,062.
When was 1240 Morgan St built?
1240 Morgan St was built in 1940.
How does 1240 Morgan St compare to others on Morgan St?
We track 8 other properties on Morgan St. Browse the list under "Other properties on Morgan St" to compare beds, baths, and sale history.
What are the property facts for 1240 Morgan St?
1240 Morgan St is a 2 bed, 1 bath, 895 sqft, 4,356 sqft lot single_family.
Is 1240 Morgan St a flip candidate?
Yes — 1240 Morgan St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1240 Morgan St a tax-appeal candidate?
No — 1240 Morgan St 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 Morgan St