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Single Family ResidenceResidential
$306,968$188 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $167,200 on Jul 16, 2015

1840 COLONIAL DR

MARTINSVILLE, IN 46151
3
Beds
2
Baths
1,630 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.54 ac
Lot SizeThe size of the land the home sits on, from county records.
1992
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$307K
$293K low$321K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$167,200 · Jul 16, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,097 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$248,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$37,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$210,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$232,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$248,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMORGAN
Lot (acres)The size of the land the home sits on, from county records.0.54
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 240 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Martinsville High School
High · Grades 9–12 · 1.0 mi
E
Charles L Smith Fine Arts AcademyC+
Elementary · Grades PK–4 · 1.2 mi

District: Martinsville Schools Metropolitan School District

Neighborhood · ZIP 46151These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.107
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.114
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.49

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.33,498
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.161 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$81,935
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,879
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.43 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1840 Colonial Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Newer than 65% of homes in Martinsville 46151

What homes are worth in Martinsville 46151

Each bar is how many homes fall in that price range. The marker is this home.

This home
$110K$782K

This home is worth more than 52% of homes in Martinsville 46151.

How it measures up in Martinsville 46151

The dot is this home. The mark in the middle is the typical home in Martinsville 46151.

Estimated value$306,968
CheaperTypical $297,610Pricier

Pricier than 52% of homes nearby

Price per ft²$188
CheaperTypical $184Pricier

Pricier than 53% of homes nearby

Living area1,630 ft²
SmallerTypical 1,632 ft²Bigger

Bigger than 50% of homes nearby

Lot size0.54 ac
SmallerTypical 0.71 acBigger

Bigger than 43% of homes nearby

Year built1992
OlderTypical 1978Newer

Newer than 65% of homes nearby

How 1840 Colonial Dr ranks against every home in each area.
MeasureThis homeMartinsville 46151Morgan County
Estimated valuepricier than$306,96852% of homes53% of homes
Price per ft²pricier than$18853% of homes58% of homes
Living areabigger than1,630 ft²50% of homes48% of homes
Lot sizebigger than0.54 ac43% of homes46% of homes
Year builtnewer than199265% of homes59% of homes

About 1840 Colonial Dr

How much is 1840 Colonial Dr, Martinsville, IN worth?

The TopHap Estimate for 1840 Colonial Dr, Martinsville, IN is $306,968 as of Sep 24, 2026. The likely range is $292,715 to $321,221. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1840 Colonial Dr, Martinsville, IN last sell?

1840 Colonial Dr, Martinsville, IN last sold on Jul 16, 2015 for $167,200, according to the county's recorded deed.

How big is 1840 Colonial Dr, Martinsville, IN?

1840 Colonial Dr, Martinsville, IN has 3 bedrooms, 2 bathrooms, 1,630 square feet of living space and a 0.54-acre lot.

When was 1840 Colonial Dr, Martinsville, IN built?

1840 Colonial Dr, Martinsville, IN was built in 1992, making it 34 years old. The building has 1 story.

What schools serve 1840 Colonial Dr, Martinsville, IN?

1840 Colonial Dr, Martinsville, IN is assigned to Martinsville High School (high); Charles L Smith Fine Arts Academy (elementary), rated C+. All sit in Martinsville Schools Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1840 Colonial Dr, Martinsville, IN compare to other homes in Martinsville 46151?

Among the 12,898 homes in Martinsville 46151, it is worth more than 52% of them ($306,968 against a typical $297,610), its price per square foot is higher than 53% of them ($188 against a typical $184), it is bigger than 50% of them (1,630 ft² against a typical 1,632 ft²), its lot is bigger than 43% of them (0.54 ac against a typical 0.71 ac) and it is newer than 65% of them (1992 against a typical 1978). Measured against all of Morgan County, it is worth more than 53% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1840 Colonial Dr, Martinsville, IN?

The 2025 property tax bill for 1840 Colonial Dr, Martinsville, IN was $1,097. The county assessed it at $248,100.

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