480 E Walnut St, Martinsville, IN 46151 Property Records

Morgan County property record for 480 E Walnut St, Martinsville, IN 46151

Property Summary

Property Type	Single Family Home
Details	2 bd · 2 ba · 996 sqft · built 1944
Lot Size	0.178 acres (7,754 sqft)
Owner	Individual Name on Record
Last Sale	$204,900 (Oct 2021)
Tax Bill	$989 (2025)
Deeds & Mortgages	Feb 2020 Line of Credit Feb 2020 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`55-13-04-238-017.000-021`

Property Details

APN / Parcel Number

Primary APN	`55-13-04-238-017.000-021`
Alternative APNs	`0711304238017000` `00001052235`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	9 Plumbing Fixtures
Total Rooms	5 Rooms
Stories	1 Story
Building Area	996 sqft Living Area
1st Floor Area	996 sqft
Basement Area	747 sqft
Finished Basement	747 sqft

Exterior

Year Built	Built 1944
Effective Year Built	Effective 1944
Construction Type	Wood
Foundation Type	Raised
Roof Material	Asphalt
Lot Area	7,754 sqft (0.178 acres)
Lot Dimensions	133 ft deep x 52 ft wide
Garage Type	Detached
Garage Area	240 sqft
Parking Spaces	1 Parking Space
Shed	1 Shed
Shed Area	96 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Account Number	00001052235
Street Address	480 E WALNUT ST
City	MARTINSVILLE
State	IN
Zip	46151-2049
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 6 CLAPPER ADDN PT
Legal Subdivision	CLAPPER ADD
Legal Lot Number	6
Jurisdiction	MORGAN IN
Township / Civil Division	WASHINGTON
Census Block Group	2
Census Block	2005
Census Tract	510800

Owner

Source: Morgan County records, as of June 22, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Feb 21, 2020	Deed of Trust, Mortgage · Line of Credit TCF NATIONAL BANK
Feb 21, 2020	Deed of Trust, Mortgage · Conventional Mortgage JLB CORP
May 19, 2006	Deed of Trust, Mortgage · ARM FIRST FRANKLIN FINANCIAL CORP
Aug 22, 2025	Warranty Deed, Transfer · USDA Mortgage GVC MORTGAGE INC
Oct 14, 2021	Warranty Deed, Transfer · Conventional Mortgage RUOFF MORTGAGE COMPANY INC
Jun 9, 2016	Warranty Deed, Transfer · Conventional Mortgage GVC MORTGAGE INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 14, 2021 · Amount on Record
Deed Sale	Oct 14, 2021 · Amount on Record
Prior Sale	Jun 9, 2016 · Amount on Record
Deed Document Number	202114842
Record Updated	Oct 29, 2026

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MORGAN IN
Property Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0202002043
Date	Feb 21, 2020
Instrument	202002043

Lender

Name	TCF NATIONAL BANK
Type	Bank
Address	SIOUX FALLS, SD 57106

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Feb 23, 2050

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MORGAN IN
Property Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0202002042
Date	Feb 21, 2020
Instrument	202002042

Lender

Name	JLB CORP
Type	Mortgage Company
Address	INDIANAPOLIS, IN 46240

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Mar 1, 2050

May 2006: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MORGAN IN
Property Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0200606347
Date	May 19, 2006
Instrument	200606347

Lender

Name	FIRST FRANKLIN FINANCIAL CORP
Type	Subprime Lender
Address	SAN JOSE, CA 95131

Agreement

Type	ARM
Amount	Amount Recorded
Term	361 Months
Due	Jun 1, 2036

Interest

Rate Type	Adjustable Rate
Rate	8.62%
Type Change Date	Jun 1, 2008
Change Frequency	6 Months
Min Rate At Change	8.62%
Max Rate At Change	11.6%
Index	6-Month LIBOR
Max Rate	8.62%

August 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MORGAN IN
Recording Date	Aug 22, 2025
Property Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049
Document Number	0202508108
Instrument Date	Aug 1, 2025
Instrument	202508108
Transaction Type	Transfer
Record Updated	Feb 13, 2026
Title Company	UNKNOWN, MULTIPLE

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049

Mortgage

Document Number	0202508109
Date	Aug 22, 2025
Instrument	202508109

Lender

Name	GVC MORTGAGE INC
Type	Mortgage Company

Agreement

Type	USDA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Aug 1, 2055

October 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MORGAN IN
Recording Date	Oct 14, 2021
Property Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049
Document Number	0202114842
Map Reference	DD 71 PG 12
Instrument Date	Sep 12, 2021
Instrument	202114842
Transaction Type	Transfer
Record Updated	Feb 13, 2026
Title Company	QUALITY TITLE INSURANCE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	IN

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049

Mortgage

Document Number	0202114843
Date	Oct 14, 2021
Instrument	202114843

Lender

Name	RUOFF MORTGAGE COMPANY INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Oct 1, 2051

June 2016: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MORGAN IN
Recording Date	Jun 9, 2016
Property Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049
Document Number	0201605647
Map Reference	DD 71 PG 12
Instrument Date	May 13, 2016
Instrument	201605647
Transaction Type	Transfer
Record Updated	Feb 13, 2026
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE COMPANY LLC

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	480 E WALNUT ST, MARTINSVILLE, IN 46151-2049

Mortgage

Document Number	0201605648
Date	Jun 9, 2016
Instrument	201605648

Lender

Name	GVC MORTGAGE INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jun 1, 2046

Tax Assessment & Valuation

Source: Morgan County assessment roll, as of June 22, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Morgan County
County Subdivision	Washington Township
Municipality	Martinsville City
Unified School District	Martinsville Schools Metropolitan School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$989.00 (-21.94%) Homeowner's exemption	$152,200 (+0.2%) Land $22,000 Building $130,200	$152,200 (+0.2%) Land $22,000 Building $130,200
2024	$1,267.00 (+9.89%) Homeowner's exemption	$151,900 (-0.07%) Land $22,000 Building $129,900	$151,900 (-0.07%) Land $22,000 Building $129,900
2023	$1,153.00 (+15.3%)	$152,000 (+12.51%) Land $22,000 Building $130,000	$152,000 (+12.51%) Land $22,000 Building $130,000
2022	$1,000.00	$135,100 Land $19,600 Building $115,500	$135,100 Land $19,600 Building $115,500

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective March 10, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 73% of Indiana
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MARTINSVILLE WATER UTILITY serves 15,000 people · EPA ID IN5255009
Water Source	Groundwater
Last State Inspection	May 2023
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 546 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: PDS Connect, South Central Indiana REMC.

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