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Rural ResidenceResidential
$839,221$194 / 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 86How 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

50 SCHNAITER LN

MARTINSVILLE, IN 46151
3
Beds
2.5
Baths
4,332 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.
38.7 ac
Lot SizeThe size of the land the home sits on, from county records.
1996
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

$839K
$722K low$956K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,181 (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.$614,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$77,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$537,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$629,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$614,900

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.67 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.Rural Residence
CountyMORGAN
Lot (acres)The size of the land the home sits on, from county records.38.70
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
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.Solar
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, Basement
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 · 286 ft²

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 · 2.5 mi
H
Martinsville High SchoolC-
High · Grades 9–12 · 3.0 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

50 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.

  • Among the most valuable homes in Martinsville 46151
  • Among the largest homes in Martinsville 46151
  • Among the largest lots in Martinsville 46151
  • Newer than 72% 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
$112K$774K

This home is worth more than almost all 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$839,221
CheaperTypical $297,610Pricier

Pricier than almost all homes nearby

Price per ft²$194
CheaperTypical $184Pricier

Pricier than 58% of homes nearby

Living area4,332 ft²
SmallerTypical 1,629 ft²Bigger

Bigger than almost all homes nearby

Lot size38.7 ac
SmallerTypical 0.72 acBigger

Bigger than almost all homes nearby

Year built1996
OlderTypical 1979Newer

Newer than 72% of homes nearby

How 50 Schnaiter Ln ranks against every home in each area.
MeasureThis homeMartinsville 46151Morgan County
Estimated valuepricier than$839,221almost all homesalmost all homes
Price per ft²pricier than$19458% of homes62% of homes
Living areabigger than4,332 ft²almost all homesalmost all homes
Lot sizebigger than38.7 acalmost all homesalmost all homes
Year builtnewer than199672% of homes67% of homes

About 50 Schnaiter Ln

How much is 50 Schnaiter Ln, Martinsville, IN worth?

The TopHap Estimate for 50 Schnaiter Ln, Martinsville, IN is $839,221 as of Sep 24, 2026. The likely range is $722,446 to $955,996. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 50 Schnaiter Ln, Martinsville, IN last sell?

50 Schnaiter Ln, Martinsville, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 50 Schnaiter Ln, Martinsville, IN?

50 Schnaiter Ln, Martinsville, IN has 3 bedrooms, 2.5 bathrooms, 4,332 square feet of living space and a 38.70-acre lot.

When was 50 Schnaiter Ln, Martinsville, IN built?

50 Schnaiter Ln, Martinsville, IN was built in 1996, making it 30 years old. The building has 1 story.

What schools serve 50 Schnaiter Ln, Martinsville, IN?

50 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 50 Schnaiter Ln, Martinsville, IN compare to other homes in Martinsville 46151?

Among the 12,898 homes in Martinsville 46151, it is worth more than almost all of them ($839,221 against a typical $297,610), its price per square foot is higher than 58% of them ($194 against a typical $184), it is bigger than almost all of them (4,332 ft² against a typical 1,629 ft²), its lot is bigger than almost all of them (38.7 ac against a typical 0.72 ac) and it is newer than 72% of them (1996 against a typical 1979). Measured against all of Morgan County, it is worth more than almost all 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 50 Schnaiter Ln, Martinsville, IN?

The 2025 property tax bill for 50 Schnaiter Ln, Martinsville, IN was $3,181. The county assessed it at $614,900.

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