1027 S Teresa Drive Martinsville, IN $ 450,000
1027 S Teresa Drive
$ 450,000
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1027 S Teresa Drive

Martinsville, IN, 46151
$ 450,000
Bedrooms4 Baths3.0 Sq 3,436

Monthly Estimate*

$ 2,771

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Single Family Home for sale in Martinsville, IN

for $450,000 with 4 bedrooms and 3 full baths. This 3,436 square foot home was built in 1997 on a lot size of 0.73.

Nestled on a generous lot in Martinsville, Indiana, at 1027 S Teresa DR, this single-family residence presents an inviting home, ready to be lived in. Spanning two stories, this property offers an abundance of space and comfort. Imagine relaxing in the living room, the fireplace casting a warm glow across the space. The kitchen is a culinary dream, featuring shaker cabinets, a kitchen bar, and a kitchen peninsula that provides ample space for meal preparation. The bedroom offers the convenience of an ensuite bathroom. The bathrooms offer the convenience of a double vanity. The property includes a welcoming porch and a patio, perfect for enjoying the outdoors. With 5154 square feet of living area set on a 31799 square foot lot, this home, built in 1997, offers a harmonious blend of space and style, ready to welcome its new owners.

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Single Family Active

Price

$ 450,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 1,532

Style

Traditional

Lot Size

0.73

Year Built

1997

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22074824

Features
Interior
Interior Amenities Attic Access Attic Pull Down Stairs Walk-In Closet(s) WoodWorkStain/Painted Paddle Fan
Total Fireplaces 1
Fireplace Features Gas Log Gas Starter Great Room
Basement (Y/N) N
Half Baths 0
Laundry Features Main Level
Total Bedrooms 4
Main Level Bedrooms 3
Total Baths 3
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General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Negotiable
Appliances Dishwasher Dryer Disposal Gas Water Heater Electric Oven Refrigerator Washer
HOA Fee 25
Garage Spaces 2
Association Fee Includes Association Home Owners
Patio/Porch Features Patio Covered
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s)
Construction Materials Brick Vinyl Siding
Year Built 1997
Township Washington
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Waterfront Features Pond Water View
Assoc Fee Paid Per Annually
County Morgan
New Construction N
Property Type Residential
HOA Y
Subdivision Name Arnwood
Garage Y/N Y
Total Rooms 8
Full Baths 3
Status Active
Directions GPS Friendly
High School Martinsville High School
City Martinsville
High School District MSD Martinsville Schools
MLS Area 5512 - Morgan - Washington
Lot Size Square Feet 31799
Property Attached Y/N N
Current Financing Conventional FHA USDA VA
Middle/Junior High School John R. Wooden Middle School
Standard Status Active
Tax Lot 17
Legal Description Lot 17 Arnwood Sub
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Exterior
Exterior Amenities Storage Shed
Parking Features Attached
Lot Features Corner Lot Rural - Subdivision
Water Source Public
Foundation Details Block
Building Area Total 3436
Lot Size Acres 0.73
Waterfront Y/N Y
Other Equipment Smoke Alarm Sump Pump
Horse Amenities None
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* Excluded Features
List By
Keller Williams Indy Metro S

Broker

erinlong@kw.com

Email

Affordability Calculator

$2,898
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4046635 Elementary School
4046456 Middle School
Martinsville High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2026$450,000 -5.26% Price Down
12/10/2025$475,000 -5.00% Price Down
11/25/2025$500,000 Listed Price

Map


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1027 S Teresa Drive, Martinsville, IN, 46151 is a Single Family Home for sale at $450,000 with 3,436 sqft and a lot size of 0.73. 1027 S Teresa Drive has 4 bedrooms, 3.0 baths, and was built in 1997. The property's zip code is 46151 which is in Martinsville, IN