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1140 South Shore Drive

1140 South Shore Drive, Martinsville, IN 46151
Property in Jefferson
Sold Jan 08, 2019
$187,500
$150,000 by Citizens Bank
Mortgage Due Feb 01, 2039
Sold Aug 01, 2012
$171,300
$175,000 by Navy Fcu
Mortgage Due Aug 01, 2027
1140 South Shore Drive has been categorized by the local assessors in Martinsville, IN as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1140 South Shore Drive has 2,300 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,393 ft and across the front of the lot is 1,260 ft. The area measurement of the land has been determined as 19,428 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with stone control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1140 South Shore Drive sold most recently in Jan 4, 2019 for a total of $187,500. If you work out the math, that's approximately a cost of $81.52 per sqft. Before that, the property was also sold for $171,300 in Jul 25, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,560 in taxes each year. 1140 South Shore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $269,600. If we break it down further, the land itself was valued at $58,000. Improvements to the property, however, were assessed at a total of $211,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Stone
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 19,428
  • Lot Size Depth Feet: 1,393
  • Lot Size Frontage Feet: 1,260
  • Total Building Area: 2,300
  • Building Area: 2,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: LAKE EDGEWOOD THIRD SUBDIVISION
  • Land Acres: 0.446
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 197 LAKE EDGEWOOD

Ownership

  • Current Owner : MILLER RONALD R
  • Current Owner 2: MILLER TERESA F
  • Previous Owner : BODENREIDER THOMAS J
  • Previous Owner 2: BODENREIDER CAROLYN
  • Owner Before Previous Owner: MILLER R REX
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Martinsville Schools Metropolitan School District
  • Census Tract: 511001

Geography

  • Assessors Map Reference: MP 20.0.01
  • Account Number: 0500929195003000
  • District: 0010
  • Section: 29.06A
  • Parcel: 55-09-29-195-003.000-014
  • Lot: 197
  • Municipality: JEFFERSON TOWNSHIP
  • Latitude: 39.449
  • Longitude: -86.4489

    Address

  • Full Address: 1140 S Shore Dr
  • Address - House Number: 1140
  • Street Direction: S
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Martinsville
  • Carrier Code: R009
  • 4-Digit Zip Code: 8873
  • Zip Code: 46151

Valuation

    Tax

  • Total Area: 2,300
  • Tax Year: 2022
  • Tax Amount: $1,560
  • Tax Rate Code Area: 14:JEFFERS

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 306,602
  • High Value: 360,710
  • Low Value: 252,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Jan 08, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2039

    Market Valuation

  • Market Total Value: $269,600
  • Market Land Value: $58,000
  • Market Improvement Value: $211,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,600
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $211,600

    Sales

  • Current Sale Contract Date: Jan 04, 2019
  • Current Sale Recording Date: Jan 08, 2019
  • Current Sale Transaction ID: 11568921212
  • Current Sale Price: $187,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201900233
  • Previous Sale Recording Date: Aug 01, 2012
  • Previous Sale Contract Date: Jul 25, 2012
  • Previous Sale Amount: $171,300
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Jan 08, 2019
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Feb 01, 2039

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Aug 01, 2012
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2027

About Morgan



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Frequently Asked Questions

What neighborhood is 1140 South Shore Drive located in?
The 1140 South Shore Drive is a located in the neighborhood of Jefferson in Morgan, Martinsville.
What is the average sales price for listings in 1140 South Shore Drive?
The average sales price for units in 1140 South Shore Drive is $0 currently.

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