NOT LISTED FOR SALE

0 Ridge Rd E Unit MBR21964731 Martinsville, IN 46151

Estimated Value: $100,000 - $171,000

0.44 Acre
$287,120 Price per Acre
19,166 Sq Ft Lot

Last Sold March 06, 2024

Last sale price $7,000

Est. 1,705% increase in value since last sale

Current estimated payment $748/month

6 Days on Market

About This Lot

As of March 2024

Lot 101 offers an unparalleled opportunity to be a part of this exclusive lakeside haven, Painted Hills. Located less than 30 Minutes from Bloomington & Indianapolis, this Private Lake Community offers 2 Fully Stocked Lakes exclusively for Members Only. The 140 Acre Lake Holiday is perfect for Water Skiing or a weekend spent floating on your gas powered pontoon boat. Lake Nebo is a stunning 46 Acre Lake perfect for Kayaks & Paddleboarding and offering the most incredible sunsets! With Fishing Tournaments, a Playground, Dog Park, Pool, Tennis, Basketball, Volleyball, Pickleball, & a Private Beach, there is so much to enjoy at the Painted Hills Clubhouse. With year round Community Events such as the Private 4th of July Fireworks, Breakfast with Santa, Easter Egg Hunt, Summer BBQ Parties, Trunk or Treating in the Fall & an epic New Years Bash, there is always something to do in Painted Hills. With frequent live music hosted in the Members Only Restaurant & Bar, the Painted Pub, your neighbors will become your new best friends! Cedar Creek, Indiana's only Winery, Distillery & Brewery in one location is right across the street from Painted Hills. Offering even more live music year round, a Cigar Bar, Boutique & Additional Restaurant, there is never a shortage of things to enjoy right here in Martinsville. This wooded lot could possibly be developed with an approved Septic System. Utilities are @ the Street with REMC Fiber & Municipal Water. HOA Requires 1,500+ sq ft home with 2 car attached garage. Annual Dues are $713/year & 2023 taxes were $116.49/half. With dues & taxes under $1,000/year, this no maintenance lot is the perfect investment for your recreational use of the Painted Hills Member only amenities. HOA issued docks available with sizeable waiting list. Members will need to launch & load their watercrafts without a local dock. Local Boat & RV Storage is available. No Temporary Structures are Permitted such as Tents/Campers. Mobile & Modular Homes are Prohibited

Last Agent to Sell the Property

Danielle Stiles

The Modglin Group Brokerage Email: RealEstate@DanielleStiles.com License #RB18000499 Listed on: 02/22/2024

Last Buyer's Agent

Danielle Stiles

The Modglin Group Brokerage Email: RealEstate@DanielleStiles.com License #RB18000499 Listed on: 02/22/2024

Property Details

Property Type

  • Land

Lot Details

  • 0.44 Acre Lot
  • Rural Setting
  • Corner Lot
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $59 Monthly HOA Fees

Schools

  • Indian Creek Elementary School
  • Indian Creek Middle School
  • Indian Creek Intermediate School
  • Indian Creek Sr High School

Utilities

  • Water Not Available
  • Septic Needed

Community Details

  • Association fees include clubhouse, sewer, maintenance, parkplayground, security, snow removal, tennis court(s)
  • Association Phone (765) 342-6409
  • Painted Hills Subdivision
  • Property managed by Painted Hills
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 101C
  • Assessor Parcel Number 551407295007000012

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 0.44
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Painted Hills
  • Transaction Type: Sale
  • Website: www.DanielleStiles.com
  • Website: www.MoveToPaintedHills.com
  • MBR_AttributionContact: RealEstate@DanielleStiles.com
  • Attribution Contact: RealEstate@DanielleStiles.com
  • Special Features: None

Exterior Features

  • Other Structures: No Building
  • Topography: Level,Sloping,Wooded
  • View Y N: No
  • Waterfront: No
  • Road Access: County Rd
  • Water: Municipal Water Near By

Utilities

  • Sewer: Septic Needed
  • Water Source: No Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Basketball Court, Beach Access, Beach Rights, Boat Dock, Boat Slip, Boating, Clubhouse, Dog Park, Maintenance Grounds, Marina
  • Association Fee: 713
  • Association Fee Frequency: Annually
  • Association Phone: 765-342-6409
  • Association YN: Yes
  • Management Company Name: Painted Hills
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Clubhouse, Sewer, Entrance Common, Maintenance, ParkPlayground, Security, Snow Removal, Tennis Court(s)

Schools

  • Middle Or Junior School: Indian Creek Middle School
  • MBR_IntermediateSchool: Indian Creek Intermediate School

Lot Info

  • Lot Features: Access, Corner Lot, Rural - Subdivision, Mature Trees, Wooded
  • Additional Parcels: No
  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 19254
  • Number Of Lots: 1
  • Parcel Number: 551407295007000012
  • Zoning: Residential
  • Acres: 1/4-1/2 Acre
  • Land Characteristics: Corner,Dock Access,Mature Trees,Rural In Subdivsion,Water Acces,Wooded
  • Present Zoning: Single Family
  • Soil Type: See Remarks
  • Divisible: No

Tax Info

  • Tax Annual Amount: 232
  • Tax Lot: 101C
  • Semi Annual Property Tax Amt: 116
  • Tax Exemption: None

MLS Schools

  • Elementary School: Indian Creek Elementary School
  • High School: Indian Creek Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 1, 2024
Sold by
Risser Joe and Risser Gail
Bought by
Howard Leslie L and Howard Patricia R
Seller's Agent
Danielle Stiles
The Modglin Group
Buyer's Agent
Danielle Stiles
eXp Realty LLC
List Price
$7,000
Sold Price
$7,000
Views
12
Current Estimated Value
$126,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,333
Avg. Annual Appreciation
477.39%

Purchase Details

Closed on
Apr 29, 2013
Sold by
Ferency Sharon Atwell
Bought by
Risser Joe and Risser Gail
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Howard Leslie L $7,000 Lenders Escrow & Title
Risser Joe -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $7,000 0.0% --
02/29/2024 02/29/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $7,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $298 $22,800 $22,800 $0
2023 $234 $22,800 $22,800 $0
2022 $233 $22,800 $22,800 $0
2021 $149 $15,300 $15,300 $0
2020 $137 $15,300 $15,300 $0
2019 $140 $15,300 $15,300 $0
2018 $206 $15,300 $15,300 $0
2017 $140 $15,300 $15,300 $0
2016 $143 $15,300 $15,300 $0
2014 $111 $15,300 $15,300 $0
2013 $111 $22,400 $22,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21964731

MIBOR Broker Listing Cooperative®

APN: 55-14-07-295-007.000-012