5391 State Road 39
Martinsville, IN 46151
2 bd 1 ba 865 sqft Built 1999 Lot 40,729 sqft condos
Most recent sale
$177,531
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 15, 2022 | Sold | $165,000 | IRMLS |
| Sep 30, 2022 | Price changed | $169,900 | MLS #21864838 |
| Sep 15, 2022 | Sold | $177,531 | Public Record |
| Aug 23, 2022 | Relisted | $171,900 | MLS #21864838 |
| Jul 11, 2022 | Price changed | $174,900 | MLS #202225653 |
| Jun 27, 2022 | Price changed | $174,900 | MLS #21864838 |
| Jun 26, 2022 | Price changed | $179,900 | MLS #21864838 |
| Jun 24, 2022 | Listed | $189,900 | MLS #202225653 |
| Sep 28, 2021 | Sold | $188,813 | Public Record |
| Sep 21, 2021 | Sold | $159,000 | MIBOR |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $79,800 | $35,700 | $115,500 | $581 |
| 2020 | $78,100 | $31,400 | $109,500 | $850 |
| 2019 | $72,700 | $31,400 | $104,100 | $878 |
| 2018 | $67,400 | $31,400 | $98,800 | $809 |
| 2017 | $68,200 | $31,400 | $99,600 | $806 |
| 2016 | $61,300 | $31,400 | $92,700 | $782 |
| 2015 | $60,200 | $31,400 | $91,600 | $610 |
| 2014 | $85,400 | $31,400 | $116,800 | $609 |
| 2013 | $88,900 | $31,400 | $120,300 | $1,139 |
| 2012 | $89,900 | $31,400 | $121,300 | $732 |
| 2011 | $149,900 | $31,400 | $181,300 | $1,141 |
| 2010 | $149,900 | $31,400 | $181,300 | $1,122 |
| 2009 | $144,400 | $31,400 | $175,800 | $1,122 |
| 2008 | $144,400 | $21,100 | $165,500 | $1,269 |
Property facts
Year built
1999
Property type
condos
Stories
—
Beds
2
Baths
1
Living area
865 sqft
Lot size
40,729 sqft
ZIP code
46151
City
Martinsville
Street
State Road 39
Coordinates
39.49984, -86.45375
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,298
Gross rental yield
8.77%
Implied cap rate
5.70%
Trend-extrapolated value
—
Frequently asked questions
When did 5391 State Road 39 last sell?
5391 State Road 39 most recently sold on Sep 15, 2022 for $177,531.
What is the current tax assessment for 5391 State Road 39?
The most recent total assessment for 5391 State Road 39 (year 2021) is $115,500 with $581 in property tax.
How does 5391 State Road 39's assessment compare to its last sale price?
The current assessment is 34.9% below the last sale price of $177,531.
When was 5391 State Road 39 built?
5391 State Road 39 was built in 1999.
How does 5391 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 5391 State Road 39?
5391 State Road 39 is a 2 bed, 1 bath, 865 sqft, 40,729 sqft lot condos.
Is 5391 State Road 39 a flip candidate?
No — 5391 State Road 39 does not appear in our flips dataset.
Is 5391 State Road 39 a tax-appeal candidate?
No — 5391 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 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 State Road 39