8640 Waverly Rd is a 870 square foot multi-family home on a 0.5 acre lot with 2 bedrooms and 1 bathroom. Based on Redfin's Martinsville data, we estimate the home's value is $152,672.
Multi-familyProperty Type
1974Year Built
0.5 acresLot Size
$175Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$152,672
$14K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 27.5% lower than the average sale price ($211K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R1
Low-Density Residential District
The Low-Density Residential District is intended for areas of Morgan County that can support low-density single-family detached homes and are in close proximity to nearby development and; or water and sewer. This district allows for a variety of housing types, facilities, and residential services necessary to meet the needs of local residents; All subdivisions require Subdivision approval unless exempt See Chapter 5.B.5: Exempt Subdivisions; All new primary structures for non-residential uses require Development Plan approval; All development may be subject to Drainage Board approval; Only one primary use or primary structure/dwelling unit per lot is permitted in this district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Office
Educational/school
Library
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 5
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Row House
Construction Type: Brick
Building Type: Row Type
Property Information
Subdivision Name: SIMPSON 1ST
Living Sq. Ft: 870
Adjusted Gross Sq. Ft: 870
Ground Floor Sq. Ft: 870
Building Sq. Ft: 870
# of Stories: 1
Legal Description: LOT 5 SIMPSON 1ST SUBDIVISION
Lot Information
# of Buildings: 1
Land Sq. Ft: 21,780
Legal Lot Number: 5
Municipality Name: HARRISON TOWNSHIP
Acres: 0.5
County Use Description: 2 FAMILY DWELL - PLATTED LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 870
Stories: 1.0
Lot Size: 0.5 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1974
Year Renovated: 1974
County: Morgan County
APN: 55-06-23-290-011.000-011
Home facts updated by county records on Apr 21, 2026
Around this home
Schools
Waverly Elementary School
Public PreK-6 • Assigned • 0.2mi
7/10
Paul Hadley Middle School
Public 7-8 • Assigned • 7.3mi
7/10
Mooresville High School
Public 9-12 • Assigned • 7.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Martinsville, IN • 46151
Average low and high temperatures (°F)
34
18
44
27
62
40
69
49
72
54
83
65
87
71
83
64
82
58
71
48
55
40
43
29
Jan
Feb
Mar
Apr
May
Jun
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Aug
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Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$146,000 – $176,000
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