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575 Skyway Court

575 Skyway Court, Martinsville, IN 46151
Property in Jefferson
Sold May 28, 2021
$611,600
$489,250 by Gvc Mortgage Inc
Mortgage Due Jun 01, 2051
Sold Feb 15, 2013
$269,900
$275,702 by Emery Fcu
Mortgage Due Feb 01, 2043
575 Skyway Court in Martinsville, IN was first built in 2001 and is 23 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 575 Skyway Court has 3,826 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,111 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 22,259 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 676 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as average. As for heating, the home is utilizing a solar heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 575 Skyway Court sold most recently in May 25, 2021 for a total of $611,600. If you work out the math, that's approximately a cost of $159.85 per sqft. Before that, the property was also sold for $269,900 in Jan 31, 2013. 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 $2,004 in taxes each year. 575 Skyway Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $540,700. If we break it down further, the land itself was valued at $22,700. Improvements to the property, however, were assessed at a total of $518,000. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,111
  • Garage Type: Attached
  • Garage Square Area: 676
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,259
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,826
  • Building Area: 3,826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Solar
  • Heated Square Feet: 3,826
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND COUNTRY ESTATE
  • Land Acres: 0.511
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 HIGHLAND COUNTRY ESTATES SEC 2 (0.511 AC)

Ownership

  • Current Owner : STANLEY MICHAEL
  • Current Owner 2: ALES GABRIELA
  • Previous Owner : FULTZ DOUGLAS
  • Previous Owner 2: FULTZ JACQUELINE D
  • Owner Before Previous Owner: WERNER TIMOTHY D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MP 33.2.06
  • Account Number: 0501202400005012
  • District: 0010
  • Section: 2
  • Parcel: 55-12-02-400-005.012-014
  • Lot: 6
  • Municipality: JEFFERSON TOWNSHIP
  • Latitude: 39.4182
  • Longitude: -86.4861

    Address

  • Full Address: 575 Skyway Ct
  • Address - House Number: 575
  • Address - Street Name: Skyway
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Martinsville
  • Carrier Code: R009
  • 4-Digit Zip Code: 7220
  • Zip Code: 46151

Valuation

    Tax

  • Total Area: 4,046
  • Tax Year: 2022
  • Tax Amount: $2,004
  • Tax Rate Code Area: 14:JEFFERS

    Appraisal Valuation

  • Standard Deviation: 0.159
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 80
  • Final Value: 551,381
  • High Value: 639,058
  • Low Value: 463,705

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $489,250
  • First Open Lien Mortgage Lender: GVC MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $489,250
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $540,700
  • Market Land Value: $22,700
  • Market Improvement Value: $518,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,700
  • Assessed Land Value: $22,700
  • Assessed Improvements Value: $518,000

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11842493673
  • Current Sale Price: $611,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202107771
  • Previous Sale Recording Date: Feb 15, 2013
  • Previous Sale Contract Date: Jan 31, 2013
  • Previous Sale Amount: $269,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GVC MORTGAGE INC
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $489,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EMERY FCU
  • Previous Mortgage Transaction Date: Feb 15, 2013
  • Previous Mortgage Loan Amount: $275,702
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2043

About Morgan



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Frequently Asked Questions

What neighborhood is 575 Skyway Court located in?
The 575 Skyway Court is a located in the neighborhood of Jefferson in Morgan, Martinsville.
What is the average sales price for listings in 575 Skyway Court?
The average sales price for units in 575 Skyway Court is $0 currently.

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