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560 E Highland St, Martinsville, IN, 46151

3beds
2baths
1,159sqft
$200,000
$173price/sqft
$1,650/moest. monthly cost
$66,000/yrincome needed

About This Home

Great Investment Opportunity in Martinsville! This 3-bedroom, 2-bath, 1-level home offers comfort, functionality, and a convenient location with no HOA restrictions. Step inside to a spacious foyer that opens to a bright and welcoming great room filled with natural light. The eat-in kitchen features ample cabinet and counter space, and all kitchen appliances are included. The primary bedroom offers a private ensuite bath with a stand-up shower, while two additional bedrooms provide flexibility for guests, a home office, or a playroom. Outside, enjoy the big yard and a shed for additional storage. Located just a minute from downtown Martinsville, this property presents a fantastic opportunity for investors, first-time home buyers, or anyone looking for a low-maintenance home in a desirable location.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

7/10
4/10
Martinsville High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Block
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Range Hood,Refrigerator,Electric Water Heater,Water Softener Owned
  • Laundry features: Main Level

Bedroom2

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Bedroom3

  • Level: Main
  • Area: 108
  • Dimensions: 12x09

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Attic Access,Tray Ceiling(s),Hardwood Floors,Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer
  • Window features: Wood Work Painted
  • Flooring: Hardwood
  • Attic: Access Only

Foyer

  • Level: Main
  • Area: 54
  • Dimensions: 09x06

Great Room

  • Level: Main
  • Area: 288
  • Dimensions: 24x12

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,159
  • Total interior livable area: 1,159 sqft

Kitchen

  • Level: Main
  • Area: 264
  • Dimensions: 24x11

Laundry

  • Level: Main
  • Area: 30
  • Dimensions: 06x05

Master Bedroom

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

Property

Details

  • Parcel number: 550933441007000021
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 0.26 Acres
  • Features: Sidewalks,Street Lights

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 $1,011$12,132
Home Insurance *$123$1,476
Property Taxes $332$3,984
Electricity $184$2,212
Total$1,650$19,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,571/yr
40% on housing$49,500/yr
45% on housing$44,000/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

$173This listing

vs Other Active Listings

Avg $/sqft

ZIP 46151$162
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
2026-08-14Price change$190,000
2026-07-12Price change$200,000
2026-06-03Listed for sale$210,000
2022-02-08Sold$125,000
2022-01-11Pending sale$150,000
2022-01-04Listed for sale$150,000
2021-12-07Pending sale$150,000
2021-12-02Listed for sale$150,000
2015-09-18Sold$83,000
2015-09-16Pending sale$92,900
2015-09-01Price change$92,900
2015-07-27Price change$96,900
2015-07-03Price change$98,900
2015-06-01Price change$110,900
2015-05-13Listed for sale$113,900
2014-08-25Sold$8,400
2014-08-19Pending sale$20,000
2014-06-27Listed for sale$20,000
2014-05-14Listing removed$29,000
2014-04-29Listed for sale$29,000
2014-02-03Sold$8,000

For Sale by Agent

AgentDoug Fredbeck
BrokerageKeller Williams Indpls Metro N

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