See Home Value
Morgan 46151
1548 INVERNESS FARMS Road
$139,266*
House - Off Market

1548 INVERNESS FARMS Road

Martinsville, IN 46151
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1560 Sqft
$90,000 - $100,000
Reference Base Price*
46.75%
Since Aug 1, 2019
National-US
Primary Model
Sold Jul 12, 2019
$85,000
$80,750 by Gvc Mortgage Inc
Mortgage Due Aug 01, 2049
Sold Aug 31, 2018
$109,507

About This Property

Country setting only 4 miles to town.  You will love the secluded setting with small pond and a large detached garage on the other side of the driveway. Two story dining area with kitchen pass-through and master on the main level.  Terrific buy for over 6 acres and a spacious house.

The manager has listed the unit size as 1560 square feet.
Unit Size
1,560Ft²
Days on Market
-
Land Size
6.76 acres
Price per sqft
$61
Property Type
House
Property Taxes
$2,312
HOA Dues
-
Year Built
1999

Price History

Date / Event Date Event Price
Jul 13, 2019 No longer available -
No longer available
Jul 12, 2019 Sold to Patrick T Koons, Thomas Fre... $85,000
Sold to Patrick T Koons, Thomas Fre...
Apr 19, 2019 Relisted $94,900
Relisted
Apr 18, 2019 No longer available -
No longer available
Mar 24, 2019 Price Decreased $94,900
↓ $10K (9.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 1,152
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 294,466
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 6.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S3 T11 R1W SE NE 6.76 A AKA PARCEL 2

Ownership

  • Current Owner : KOONS PATRICK T
  • Current Owner 2: KOONS THOMAS FREDRICK
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: ISON JOSEPH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MP 35.1.09
  • Account Number: 0501203200002000
  • District: 0010
  • Section: 3.00A
  • Parcel: 55-12-03-200-002.000-014
  • Meridian: SEC 3 TWN 11 RNG 1W
  • Municipality: JEFFERSON TOWNSHIP
  • Latitude: 39.4208
  • Longitude: -86.5035

    Address

  • Full Address: 1548 Inverness Farms Rd
  • Address - House Number: 1548
  • Address - Street Name: Inverness Farms
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Martinsville
  • Carrier Code: R013
  • 4-Digit Zip Code: 6909
  • Zip Code: 46151

Valuation

    Tax

  • Total Area: 1,560
  • Tax Year: 2022
  • Tax Amount: $1,049
  • Tax Rate Code Area: 14:JEFFERS

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 234,134
  • High Value: 281,778
  • Low Value: 186,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,750
  • First Open Lien Mortgage Lender: GVC MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 12, 2019
  • First Open Lien Mortgage Loan Amount: $80,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $231,700
  • Market Land Value: $70,300
  • Market Improvement Value: $161,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,700
  • Assessed Land Value: $70,300
  • Assessed Improvements Value: $161,400

    Sales

  • Current Sale Contract Date: Jul 10, 2019
  • Current Sale Recording Date: Jul 12, 2019
  • Current Sale Transaction ID: 11634161729
  • Current Sale Price: $85,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 201907040
  • Previous Sale Recording Date: Aug 31, 2018
  • Previous Sale Contract Date: Aug 20, 2018
  • Previous Sale Amount: $109,507
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: GVC MORTGAGE INC
  • First Mortgage Transaction Date: Jul 12, 2019
  • First Mortgage Loan Amount: $80,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morgan


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Frequently Asked Questions

When was property at 1548 Inverness Farms Road built and last sold?
The property at 1548 Inverness Farms Road was built in 1999 and last sold on Jul 10, 2019 for $85,000.
How much is this home worth?
The estimated value of the home located at 1548 Inverness Farms Road is $103,404.
What are some comparable homes to 1548 Inverness Farms Road?
There are currently no comparable homes to 1548 Inverness Farms Road.

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