540 E Walnut St, Martinsville, IN 46151 Property Records

Morgan County property record for 540 E Walnut St, Martinsville, IN 46151

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 1,820 sqft · built 1950
Lot Size	0.218 acres (9,496 sqft)
Owner	Individual Name on Record
Last Sale	$142,500 (Jan 2019)
Tax Bill	$1,582 (2025)
Deeds & Mortgages	Feb 2019 Transfer Jan 2019 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`55-13-04-238-020.000-021`

Property Details

APN / Parcel Number

Primary APN	`55-13-04-238-020.000-021`
Alternative APNs	`0711304238020000` `00001052241`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Plumbing Fixtures	9 Plumbing Fixtures
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,820 sqft Living Area
1st Floor Area	2,220 sqft
Upper Floors Area	1,110 sqft
Basement Area	1,110 sqft
Unfinished Basement	1,110 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1950
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	9,496 sqft (0.218 acres)
Lot Dimensions	133 ft deep x 66 ft wide
Garage Type	Detached
Garage Area	330 sqft
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Account Number	00001052241
Street Address	540 E WALNUT ST
City	MARTINSVILLE
State	IN
Zip	46151-2051
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 9 CLAPPER ADDN
Legal Subdivision	CLAPPERS ADDITION
Legal Lot Number	9
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	540 E WALNUT ST, MARTINSVILLE, IN 46151-2051
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Date	Document
Feb 18, 2019	Intrafamily Transfer, Transfer
Jan 2, 2019	Warranty Deed, Transfer · Conventional Mortgage HOME BANK SB

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 2, 2019 · Amount on Record
Deed Sale	Jan 2, 2019 · Amount on Record
Prior Sale	Oct 29, 2013 · Amount on Record
Deed Document Number	201927
Last Transfer Date	Feb 15, 2019
Transfer Doc	201901740
Record Updated	Sep 20, 2026

February 2019: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	MORGAN IN
Recording Date	Feb 18, 2019
Property Address	540 E WALNUT ST, MARTINSVILLE, IN 46151-2051
Document Number	201901740
Map Reference	DD 71 PG 12
Instrument Date	Feb 15, 2019
Instrument	201901740
Transaction Type	Transfer
Record Updated	Nov 2, 2021

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	540 E WALNUT ST, MARTINSVILLE, IN 46151-2051

January 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MORGAN IN
Recording Date	Jan 2, 2019
Property Address	540 E WALNUT ST, MARTINSVILLE, IN 46151-2051
Document Number	201900027
Map Reference	DD 71 PG 12
Instrument Date	Dec 21, 2018
Instrument	201900027
Transaction Type	Transfer
Record Updated	Nov 2, 2021
Title Company	NETWORK ESCROW AND TITLE, NETWORK ESCROW & TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	540 E WALNUT ST, MARTINSVILLE, IN 46151-2051

Mortgage

Document Number	201900028
Date	Jan 2, 2019
Instrument	201900028

Lender

Name	HOME BANK SB
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jan 1, 2049

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	$1,582.00 (-21.61%) Homeowner's exemption	$215,300 (+0.75%) Land $25,100 Building $190,200	$215,300 (+0.75%) Land $25,100 Building $190,200
2024	$2,018.00 (+11.49%) Homeowner's exemption	$213,700 (-) Land $25,100 Building $188,600	$213,700 (-) Land $25,100 Building $188,600
2023	$1,810.00 (+14.34%)	$213,700 (+10.78%) Land $25,100 Building $188,600	$213,700 (+10.78%) Land $25,100 Building $188,600
2022	$1,583.00	$192,900 Land $22,300 Building $170,600	$192,900 Land $22,300 Building $170,600

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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