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995 E Gray St, Martinsville, IN, 46151

2beds
1baths
930sqft
$189,900
$204price/sqft
$1,374/moest. monthly cost
$54,960/yrincome needed

About This Home

Move-in ready and beautifully updated, this charming home is ready for its next owner! Step inside to a spacious, open-concept layout where the large living room flows effortlessly into the oversized eat-in kitchen, creating the perfect space for everyday living, entertaining, or gathering with family and friends. The functional floor plan offers two generously sized bedrooms, a centrally located full bathroom, and a dedicated laundry room, providing comfort and convenience for everyday life. Thoughtful updates throughout the home allow you to move right in without lifting a finger. Step outside to one of the home's standout features-a fully fenced backyard with a privacy fence, offering an incredible amount of space to relax, entertain, or let kids and pets play freely. Enjoy evenings around the fire pit, take advantage of the two storage sheds for all your outdoor equipment and hobbies, and appreciate the privacy and versatility this backyard has to offer. With its updated finishes, move-in ready condition, functional layout, and expansive backyard designed for both entertaining and everyday enjoyment, this home truly checks all the boxes. Simply unpack and start making memories!

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

7/10
4/10
Martinsville High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 2016

Materials

  • Foundation: Crawl Space,Slab
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Oven,Refrigerator,Washer

Bedroom2

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),High Speed Internet

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 930
  • Total interior livable area: 930 sqft

Kitchen

  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Living Room

  • Level: Main
  • Area: 192
  • Dimensions: 16x12

Master Bedroom

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Property

Details

  • Parcel number: 551303308005000021
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced,Privacy
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,840 sqft
  • Features: City Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Hail
Inland Flooding
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $960$11,520
Home Insurance *$117$1,404
Property Taxes $113$1,356
Electricity $184$2,212
Total$1,374$16,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,108/yr
40% on housing$41,220/yr
45% on housing$36,640/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 46151$163
Morgan County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 46151$147
Morgan County$146

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Price change$189,900
2026-07-03Listed for sale$199,900
2024-04-10Sold$174,000
2024-03-23Pending sale$172,995
2024-03-22Listed for sale$172,995

For Sale by Agent

AgentLindsey Smalling
BrokerageHighgarden Real Estate

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