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5020 State Road 39

Martinsville, IN 46151

2 bd 1 ba 1,564 sqft Built 1958 Lot 439,956 sqft single_family
Most recent sale
$218,250
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $218,250 Public Record
May 3, 2022 Sold $180,000 IRMLS
Mar 14, 2022 Price changed $208,900 MLS #97033
Mar 13, 2022 Price changed $208,900 MLS #21837867
Feb 16, 2022 Listed $219,900 MLS #97033
Feb 15, 2022 Listed $219,900 MLS #21837867
May 16, 2014 Sold $55,801 Public Record
Mar 11, 2014 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $88,000 $81,200 $169,200 $760
2024 $88,000 $81,200 $169,200 $756
2023 $70,200 $81,200 $151,400 $701
2022 $112,900 $93,300 $206,200 $970
2021 $107,500 $77,000 $184,500 $1,488
2020 $104,800 $56,300 $161,100 $1,251
2019 $96,300 $56,300 $152,600 $1,288
2018 $94,200 $56,300 $150,500 $1,232
2017 $87,700 $56,300 $144,000 $1,165
2016 $79,300 $56,300 $135,600 $1,143
2015 $77,300 $56,300 $133,600 $889
2014 $75,700 $56,300 $132,000 $392
2013 $76,700 $56,300 $133,000 $477
2012 $79,900 $56,300 $136,200 $298
2011 $103,500 $56,300 $159,800 $740
2010 $102,800 $56,300 $159,100 $456
2009 $102,800 $56,300 $159,100 $438
2008 $109,300 $45,900 $155,200 $465

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,564 sqft
Lot size
439,956 sqft
ZIP code
46151
City
Martinsville
Street
State Road 39
Coordinates
39.50180, -86.45589

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,346
Gross rental yield
12.90%
Implied cap rate
8.38%
Trend-extrapolated value

Frequently asked questions

When did 5020 State Road 39 last sell?
5020 State Road 39 most recently sold on May 6, 2022 for $218,250.
What is the current tax assessment for 5020 State Road 39?
The most recent total assessment for 5020 State Road 39 (year 2025) is $169,200 with $760 in property tax.
How does 5020 State Road 39's assessment compare to its last sale price?
The current assessment is 22.5% below the last sale price of $218,250.
When was 5020 State Road 39 built?
5020 State Road 39 was built in 1958.
How does 5020 State Road 39 compare to others on State Road 39?
We track 8 other properties on State Road 39. Browse the list under "Other properties on State Road 39" to compare beds, baths, and sale history.
What are the property facts for 5020 State Road 39?
5020 State Road 39 is a 2 bed, 1 bath, 1,564 sqft, 439,956 sqft lot single_family.
Is 5020 State Road 39 a flip candidate?
Yes — 5020 State Road 39 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5020 State Road 39 a tax-appeal candidate?
No — 5020 State Road 39 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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