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125 Grassyfork Lane

125 Grassyfork Lane, Martinsville, IN 46151
House in Washington
Sold Apr 12, 2019
$245,000
Sold Aug 10, 2015
$239,200
$191,325 by Amerifirst Financial Corp
Mortgage Due Sep 01, 2045
125 Grassyfork Lane 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 1987 and is 37 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 125 Grassyfork Lane has 3,456 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 2,360 ft and across the front of the lot is 910 ft. The area measurement of the land has been determined as 21,388 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 attached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. 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 masonry 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 125 Grassyfork Lane sold most recently in Apr 11, 2019 for a total of $245,000. If you work out the math, that's approximately a cost of $70.89 per sqft. Before that, the property was also sold for $239,200 in Aug 7, 2015. 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 $3,633 in taxes each year. 125 Grassyfork Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $349,100. If we break it down further, the land itself was valued at $44,200. Improvements to the property, however, were assessed at a total of $304,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,388
  • Lot Size Depth Feet: 2,360
  • Lot Size Frontage Feet: 910
  • Total Building Area: 3,456
  • Building Area: 3,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,456
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHIREMAN ESTATES
  • Land Acres: 0.491
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 SHIREMAN ESTATES 1ST SEC

Ownership

  • Current Owner : UPDIKE JOSEPH RONALD
  • Current Owner 2: UPDIKE DEBORAH JEAN
  • Previous Owner : HAMILTON JAMES P
  • Previous Owner 2: HAMILTON SARAH J
  • Owner Before Previous Owner: WILLIAMS EARL G
  • Owner Before Previous Owner 2: WILLIAMS LINDA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Martinsville Schools Metropolitan School District
  • Census Tract: 510703

Geography

  • Assessors Map Reference: MP 20.0.56
  • Account Number: 0710934290007000
  • District: 0014
  • Section: 34.06A
  • Parcel: 55-09-34-290-007.000-021
  • Lot: 7
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.4354
  • Longitude: -86.404

    Address

  • Full Address: 125 Grassyfork Ln
  • Address - House Number: 125
  • Address - Street Name: Grassyfork
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Martinsville
  • Carrier Code: C003
  • 4-Digit Zip Code: 1345
  • Zip Code: 46151

Valuation

    Tax

  • Total Area: 3,013
  • Tax Year: 2022
  • Tax Amount: $3,633
  • Tax Rate Code Area: 21:MARTINS

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 383,731
  • High Value: 450,851
  • Low Value: 316,611

    Market Valuation

  • Market Total Value: $349,100
  • Market Land Value: $44,200
  • Market Improvement Value: $304,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,100
  • Assessed Land Value: $44,200
  • Assessed Improvements Value: $304,900

    Sales

  • Current Sale Contract Date: Apr 11, 2019
  • Current Sale Recording Date: Apr 12, 2019
  • Current Sale Transaction ID: 11614229488
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201903515
  • Previous Sale Recording Date: Aug 10, 2015
  • Previous Sale Contract Date: Aug 07, 2015
  • Previous Sale Amount: $239,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Apr 12, 2019
  • First Mortgage Loan Amount: $196,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • Previous Mortgage Transaction Date: Aug 10, 2015
  • Previous Mortgage Loan Amount: $191,325
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About Martinsville



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Frequently Asked Questions

What neighborhood is 125 Grassyfork Lane located in?
The 125 Grassyfork Lane is a house located in the neighborhood of Washington in Martinsville, Martinsville.
What is the average sales price for listings in 125 Grassyfork Lane?
The average sales price for units in 125 Grassyfork Lane is $0 currently.

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