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Single Family ResidenceResidential
$263,419$213 / 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 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $104,600 on Mar 16, 2009

40 SCHNAITER LN

MARTINSVILLE, IN 46151
3
Beds
1.5
Baths
1,235 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.
1.94 ac
Lot SizeThe size of the land the home sits on, from county records.
1965
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$263K
$239K low$288K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$104,600 · Mar 16, 2009

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,260 (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.$283,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$73,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$209,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$286,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$283,500

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.9 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

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.1.94
ConstructionThe main material the home's frame and walls are built from.Brick
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
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
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
PoolWhether the property has a pool, and what kind, such as in-ground.No

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.

E
Poston Road Elementary SchoolA-
Elementary · Grades PK–4 · 2.2 mi
H
Martinsville High SchoolC-
High · Grades 9–12 · 2.6 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%

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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

40 Schnaiter Ln 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.

  • Costs more per square foot than 76% of homes in Morgan County
  • Smaller than 78% of homes in Morgan County
  • Has a bigger lot than 70% of homes in Morgan County
  • Older than 68% of homes in Morgan County

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
$108K$799K

This home is worth more than 42% 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$263,419
CheaperTypical $292,980Pricier

Pricier than 42% of homes nearby

Price per ft²$213
CheaperTypical $180Pricier

Pricier than 73% of homes nearby

Living area1,235 ft²
SmallerTypical 1,627 ft²Bigger

Bigger than 26% of homes nearby

Lot size1.94 ac
SmallerTypical 0.74 acBigger

Bigger than 66% of homes nearby

Year built1965
OlderTypical 1978Newer

Newer than 35% of homes nearby

How 40 Schnaiter Ln ranks against every home in each area.
MeasureThis homeMartinsville 46151Morgan County
Estimated valuepricier than$263,41942% of homes38% of homes
Price per ft²pricier than$21373% of homes76% of homes
Living areabigger than1,235 ft²26% of homes22% of homes
Lot sizebigger than1.94 ac66% of homes70% of homes
Year builtnewer than196535% of homes32% of homes

About 40 Schnaiter Ln

How much is 40 Schnaiter Ln, Martinsville, IN worth?

The TopHap Estimate for 40 Schnaiter Ln, Martinsville, IN is $263,419 as of Aug 30, 2026. The likely range is $239,267 to $287,571. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Schnaiter Ln, Martinsville, IN last sell?

40 Schnaiter Ln, Martinsville, IN last sold on Mar 16, 2009 for $104,600, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 40 Schnaiter Ln, Martinsville, IN?

40 Schnaiter Ln, Martinsville, IN has 3 bedrooms, 1.5 bathrooms, 1,235 square feet of living space and a 1.94-acre lot.

When was 40 Schnaiter Ln, Martinsville, IN built?

40 Schnaiter Ln, Martinsville, IN was built in 1965, making it 61 years old. The building has 1 story.

What schools serve 40 Schnaiter Ln, Martinsville, IN?

40 Schnaiter Ln, Martinsville, IN is assigned to Poston Road Elementary School (elementary), rated A-; Martinsville High School (high), rated C-. All sit in Martinsville Schools Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Schnaiter Ln, Martinsville, IN compare to other homes in Martinsville 46151?

Among the 12,898 homes in Martinsville 46151, it is worth more than 42% of them ($263,419 against a typical $292,980), its price per square foot is higher than 73% of them ($213 against a typical $180), it is bigger than 26% of them (1,235 ft² against a typical 1,627 ft²), its lot is bigger than 66% of them (1.94 ac against a typical 0.74 ac) and it is newer than 35% of them (1965 against a typical 1978). Measured against all of Morgan County, it is worth more than 38% 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 40 Schnaiter Ln, Martinsville, IN?

The 2025 property tax bill for 40 Schnaiter Ln, Martinsville, IN was $1,260. The county assessed it at $283,500.

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